Do start-up ideas have intrinsic value?

Posted on January 31st, 2010 by Ryan Lou
Filed under Start-up Lessons, Starting up | 1 Comment

startup-ideas

Almost all of us has had that Ah Ha! Moment.

We come up with an idea so brilliant, that instead of sharing it. We only talk to people about it if we’re protected with an NDA (Non-Disclosure Agreement). And even though there is no chance we can implement the ideas on our own, we still believe it has value.

So what do we do?

If it’s a bio-medical idea, we search for that person with the PHD to try to poach them from their high paying jobs to do “free research”.

If it’s a development project, we look for the first programmer we can find and we tell them, because I came up with the idea, let’s do a 75-25 split. That’s only 25% equity for you, but you do all the programming work.

That’s a problem JMarley ran into.