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Clever. So they get lots of great app ideas, pick the 4th or 5th best idea as the winner, build it, and then get to work on the actual best idea submitted for themselves.
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Thanks so much for the interest (Owen from Coshx here). The voting will be 100% public for the first round in order to pick the 5 finalists. If an individual or team can get the entire 4chan community behind them, then I call that market validation and more power to them! Official rules will be sent out soon and they state that an individual or team must be behind the concept, but that operating companies are exclude…
Being able to get 4chan to vote on something is probably more correlated with meme creation skill than validation of a market for any product. This type of contest often measures the size of participants' networks and their ability to leverage it, not the things being voted on. Lots of them run by large brands end up being won by people like teachers who can convince their boss to ask all the students in the district…
Why post this on HN ? We are mostly programmers , techies or in tech business and s/w is not difficult for us. Why not advertize/post this on Business magazines or trade publications for Dentists , Doctors , Plumbers and such ?
Earlier quoted context omitted.
People love to say this, but it just isn't true. Ideas can be very valuable, particularly when they come from a well-informed perspective in an untapped niche/market. Of course an idea isn't useful without execution, but without the idea, you have nothing to execute.
Here's the question I always ask when the idea vs. execution debate comes up: Can you give me one single example of someone having sold an idea for a sizeable amount of money? I haven't heard any good answers yet.
Nowadays investors are demanding more visible traction before investing in the web space, but that didn't always apply, and still doesn't apply to spaces like semiconductors, biotech, etc.
Technology is 'easy' if your portfolio ( http://www.coshx.com/projects) consists of applications such as poll management and event scheduling.
In reality if you are going to build something awesome, it's not going to be easy.
Earlier quoted context omitted.
People love to say this, but it just isn't true. Ideas can be very valuable, particularly when they come from a well-informed perspective in an untapped niche/market. Of course an idea isn't useful without execution, but without the idea, you have nothing to execute.
Here's the question I always ask when the idea vs. execution debate comes up: Can you give me one single example of someone having sold an idea for a sizeable amount of money? I haven't heard any good answers yet.
My grandfather had an idea about how to improving HVAC systems (he was in the business). He discussed it with his assistant - someone he considered a friend and protege. The kid went and patented the idea (my grandfather was opposed to patents and thought all knowledge and ideas should be free), started his own company, and became my grandfather's chief competitor in the area. My grandfather died a short time later (a few days after my birth, so I've only heard about this second-hand from my grandmother, who served as the bookkeeper, my mother, and my father, who served as the subsequent assistant).
My father worked for a small company that approached a large company (large enough that I can guarantee any American has at least heard of said company) about an idea. NDA's were signed before discussing any details. The big company kept saying that they were trying to get enough details to determine whether to buy out my dad's company or simply pay a flat fee for the idea. For over a year they pumped my dad's company for details, all while working the idea covertly. My dad's company continued to pursue the idea and actually did take their version to market. The way my dad's company found out that big company had stolen the idea was when employees started seeing big company's version of the product on store shelves. 30 years later and I still see the big company's product on a regular basis, my dad's company went out of business (spent too much on development and then were beat to the national market by big company).
In both cases, if the idea hadn't been shared, it couldn't have been acted on in bad faith and the actual idea-generators would have had a chance to market or complete their implementations.
Why post this on HN ? We are mostly programmers , techies or in tech business and s/w is not difficult for us. Why not advertize/post this on Business magazines or trade publications for Dentists , Doctors , Plumbers and such ?
Why not advertise on both? People at HN have already asked some great questions and even offered helpful insights, and we appreciate that.
"We can build the technology, that is the easy part. Turning a product into a sustainable business is the challenge." Technology is 'easy' if your portfolio ( http://www.coshx.com/projects ) consists of applications such as poll management and event scheduling. In reality if you are going to build something awesome, it's not going to be easy.
Turning a product into something that people like and use is nearly impossible (statistically speaking). Once you solve that then turning it into a sustainable business is easy.
Seriously, it's all hard. Only people who haven't tried to do it believe it's easy.
Earlier quoted context omitted.
People love to say this, but it just isn't true. Ideas can be very valuable, particularly when they come from a well-informed perspective in an untapped niche/market. Of course an idea isn't useful without execution, but without the idea, you have nothing to execute.
Here's the question I always ask when the idea vs. execution debate comes up: Can you give me one single example of someone having sold an idea for a sizeable amount of money? I haven't heard any good answers yet.
Note - There currently is no marketplace for ideas that I know of.
"We can build the technology, that is the easy part. Turning a product into a sustainable business is the challenge." Technology is 'easy' if your portfolio ( http://www.coshx.com/projects ) consists of applications such as poll management and event scheduling. In reality if you are going to build something awesome, it's not going to be easy.
> In reality if you are going to build something awesome, it's not going to be easy. Turning a product into something that people like and use is nearly impossible (statistically speaking). Once you solve that then turning it into a sustainable business is easy. Seriously, it's all hard. Only people who haven't tried to do it believe it's easy.
"Let's build a new search engine, easy stuff! We build a to-do application just the other day!'