Re:Ask HN: If ideas are worthless, why are some startups in ...
by zalew on Wednesday July 07, 2010 @06:18PM
(#1495705)
Ideas aren't worthless, they're worth 1/12 of a dime, because "Ideas are a dime a dozen"
http://en.wikipedia.org/wiki/50_State_Quarters
"The idea of a circulating commemorative has been around the hobby for decades, but frankly, good ideas are a dime a dozen. Far more rare is the ability to move an idea to reality,"
An idea has no value to you if you can't execute, but it has long-term value if you might be able to do so in the future, and it definitely has value to competitors who may wish to execute it now.
[Edit: Also, "ideas are worthless" sounds like the speak of arrogant VCs who want to downplay the importance of entrepreneurs... I've never heard an entrepreneur make such a statement.]