To begin with, investors have better things to do than stealing an idea /
or hijacking a product. The only way that one would get squeezed is how
the stock structure is re-created, but then people expect entrepreneur to
In simple terms it is all about the 'Team', Strategy & *Execution* - than
the product, ideas and other intangible things. It has been a joke among
investors that only 'losers' whine about someone stealing their
ideas/products - like Winklevoss.
There were lot of great ideas and products ended up in Trash because of
failure of strategy and execution.
Saravana - Product Manager
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[HeadStart] How to protect product from potential
Hariprakash Agrawal <hari...@gmail.com> Sep 17 02:48PM +0530
Good to see that various perspectives are pouring in. Thanks to Pankaj,
Nik, Vinayak and Kat for their additions...
One point, I would like to highlight that I am not so concerned abt idea
but my interest is to protect 'Product' in short term (say, at least 6
months to 1 yr post launch) hence the subject line. I am sure that in >7
billion people, many people can think of same/similar idea. I know that
there are companies/individuals in similar space but I like to believe
we are different in some ways.
Kat, I like your line that "if you have 100% vision some one copies the
idea will not be able to execute the way you would do" and believe that
are thinking for almost next 5-7 yrs how it should grow. The only HITCH
MONEY:) hence director with story need producers :)
Vinayak, Ridepal seems to be different than us but a good idea and heavy
Nik, not sure how do you say that "till date across the world there is
not even a single case of idea being stolen ". It seems to be a feeling
rather fact. I take away this line from you "USP's can be copied but an
entire business idea is impossible ". As I said, idea itself is
known/implemented in some forms but we do have some USPs on which we are
banging on hence cautious that someone can take these USPs and bring
product sooner than us.
Pankaj highlighted one important point that what if investor has similar
company in his/her portfolio? I see the risk and will be prepared now.
Another point which is noteworthy that investors invest in team rather
idea. I agree because our discussion with investor started only because I
carry IITian+Entrepreneur tag otherwise I dont know them and they dont
me. I have seen many individuals got funding due to their educational
background or the kind of companies they worked for before jumping to
Hariprakash Agrawal (Hari),