There is another case, which is unfortunately the most common case. Great idea, ... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

codeshaman on Dec 1, 2015 | parent | context | favorite | on: Ideas are not cheap

There is another case, which is unfortunately the most common case.

Great idea, great product implementation, $$$ burned through and bankruptcy.

What is the value of the idea in this case ? When instead of earning you $$$, your idea caused ruin or got you into debt ?

Should we consider it a negative value idea ?

danieltillett on Dec 1, 2015 | [–]

A great idea and great execution is no guarantee of success any more than a terrible idea is a guarantee of failure. Any venture is just a matter of rolling the dice and a good idea just gives you more rolls.

sharemywin on Dec 1, 2015 | [–]

Don't gamble with another man's money. Good advice even if you won't get rich over night.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact