The economics of ideas
The economics of ideas
Replies
There are coordination costs involved in developing an idea, especially early in product development that must be accounted for.
A startup's task is aligning interested talent and time to build a product with users who constitute the potential market.
The idea hoarding nature amongst some BSVers continues to strike me as immature and short-sighted.
Ideas are cheap. Execution is everything.
Even if you're able to build a product, it doesn't mean you can find market fit or build a viable business from.
I'm interested in models that explore or explain the dynamics of the coordination costs inherent in executing on an idea, much more than "just" ideas.
An idea is like a seed of a tree. Latent potential.
Users are interested in the fruits; the expression.