Re:Michael Arrington Invented Groupon in 2005 (Idea 4)
by sradnidge on Thursday May 19, 2011 @04:26AM
(#2563277)
Proving once again, an idea without execution is worth precisely fuck all. All the non-technical founders out there trying to rip the executors in terms of equity, take note.
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Re:Michael Arrington Invented Groupon in 2005 (Idea 4)
by quattrofan on Thursday May 19, 2011 @04:39AM
(#2563300)
Exactly, "inventing" is the wrong word, if you invent you build, an idea by itself is useless without execution.
Re:Michael Arrington Invented Groupon in 2005 (Idea 4)
by chopsueyar on Thursday May 19, 2011 @06:27AM
(#2563486)
"Useless" is also the wrong word.
Re:Michael Arrington Invented Groupon in 2005 (Idea 4)
by hvs on Thursday May 19, 2011 @07:00AM
(#2563543)
Execution is more than building a site. Groupon, especially, is an example of a site that is successful due to the deals that they can negotiate and their quality writing.
That's not to say that I disagree with you that the builders deserve good equity as well.