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Re:What is an idea worth? by neilk on Monday October 08, 2007 @04:11AM (#64701)
Unless we're talking about a patented technology, IMO you shouldn't even consider the initial idea when discussing equity.

If I were in a startup, I'd want it to be a total free-for-all where new ideas are valued. Not one where the older ideas are considered to be worth more. That's totally backwards -- your ideas about the business are likely to change and become more valuable as you gain experience and talk with customers. And unless you prefer co-founders who treat it as a 9 to 5 job where they are mere implementors, they will be coming up with many of the important ideas too.

The worth of the initial idea is measured in the fact that you got other people to even commit to the project. Call that a victory and move on.

Re:What is an idea worth? by rms on Monday October 08, 2007 @05:00AM (#64709)
Exactly. For what I consider to be the best idea I ever had, I was able to attract three very talented people to apply to Y Combinator with me, with a 25/25/25/25 split. The value of my idea was that it made people excited in its potential and my 25% was only valuable with the contributions of my partners.
Re:What is an idea worth? by mrtron on Monday October 08, 2007 @11:48AM (#64800)
A good friend who knew a fair bit about start-up strategy told me that patenting technology is mainly a defensive maneuver. So, even if you have something patented, I think the latter part holds.