The economics of ideas

Twetch ·

The economics of ideas

Replies

Twetch ·

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.

Twetch ·

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.

Twetch ·

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.