3 ms·
Ideas are not free. Good execution is better than good ideas alone, true. But ideas can definitely be worth a lot.
by SnowHill9902 4y ago
Ideas are not free. Good execution is better than good ideas alone, true. But ideas can definitely be worth a lot.
- darkerside 4y agoAny sufficiently good idea is really hard to communicate but really easy to demonstrate. That means you get a head start, but the next person gets it for free. That head start is your time to build a business with a moat. If you haven't done it by then, the next person will.
- davidatbu 4y ago> Any sufficiently good idea is really hard to communicate but really easy to demonstrate. I'm gonna steal this.
- SnowHill9902 4y agoThat phrase was his idea.
- bornfreddy 4y agoBut it was just communicated. Wait till they demonstrate it.
- darkerside 4y agoIt's free :)
- jonny_eh 4y ago> Any sufficiently good idea There are all sorts of good ideas. Some are easy to communicate, some demonstrate, some both, some neither.
- darkerside 4y agoThey're not sufficiently good for my theorem!
- mbesto 4y agoIs there an eBay/Amazon for ideas? Didn't think so. Ideas are worthless.
- SnowHill9902 4y agoRSA was once just an idea without an implementation. Would you say it was worthless? Why was it published then?
- darkerside 4y agoA defined specification is very different from an idea. RSA is a perfect example. I would say the "idea" here is public key cryptography. It was total genius when it was invented, and 99.999% of the world didn't care a lick. Once it was implemented in several crypto systems, including RSA, and people started using it, the value became clear.
- mbesto 4y ago> Why was it published then? Was the publication sold to anyone? Why did Ron Rivest, Adi Shamir and Leonard Adleman decide to create a company using the concept rather than just sell the publication itself? I think you just proved my point.