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pretty much a copy of http://news.ycombinator.com/item?id=3868084 http://news.ycombinator.com/item?id=3868084, but: The case of having ideas when you don't kno
by dhimes 15y ago
pretty much a copy of http://news.ycombinator.com/item?id=3868084 http://news.ycombinator.com/item?id=3868084, but:
The case of having ideas when you don't know anything, I think we all agree, is silly for having a "secret sauce." The more interesting discussion is what to do when you have an idea and you know a helluva lot?
This is the case where I think you have to be careful. Yes, ideas without execution aren't worth much- but if your executable idea lands in the hands of somebody who can out-execute you, you are sunk unless you protect it. In fact, you are probably sunk even if you do protect it, but at least you may have a life raft.
- wpietri 15y agoIf you have that much depth of knowledge, then I think the idea is going to have similar depth. In which case you come up with a short summary that doesn't give away any of the key insights. But even if you're generous with information, the idea probably isn't at that much risk. The idea would have to end up in the hands of somebody who not only could out-execute you, but also has the time and interest to do so, is smart enough to recognize the value of your idea, and isn't already attached to some idea of their own.
- ScottBurson 15y agoI think that last sentence deserves emphasis. There's a lot of "NIH syndrome" ("Not Invented Here") around -- and the deeper someone's domain knowledge, the more likely they are to suffer from it.