While reading Indi’s blog post about the Colombo Hackathon, I was really surprised about the comments some people were making. They were bordering on the xenophobic and some were outright against the concept simply because there was commercial backing behind it. I don’t understand why commercial backing or presenting to an open audience is a bad thing. I find that one of the unique things about startups is that it fosters a sense of community. Yes, this may sound a very ‘hippie’ thing to say but startups are unlikely to work if you do not have that and you work in a vacuum. It’s not about stealing ideas, it’s about helping other people and finding people who can help you. Paul Graham wrote a great essay about this, and it’s well worth a read.
If you have a game changing idea and you plan to make this happen, how will you do it without opening up? How do you even know whether the idea is stupid or would only work for 100 people out of the billions out there? You need to talk to other people. If you have the resources, technical skills, business acumen and laser focus and belief to push through alone, then you’re one of the lucky few. Yes, ideas can be stolen, but it’s about the execution. Why did MySpace die out while Facebook is thriving? They are both about connecting people. It’s easy enough to say “I’m going to build a photo sharing site” and there’s nothing revolutionary about it but Instagram went from having 1 million accounts in January 2011 to 15 million in January 2012 to 25 million in March 2012. And they are growing faster than Flickr.
The point I’m trying to make is that all of these startups who are currently connecting with millions of people have a vision that is very much larger than what is immediately visible (be it a photo uploading service or a way to share your location with friends). This is why they lead. Even if someone clones the idea, they are thinking and working on the next step. Just look at Pinterest for example, they have many clones but they aren’t even slowing down. It’s really important that you have a vision beyond that simple idea.
And to people who argue against showing your idea to investors and so forth, I don’t really see the point. It’s up to you to choose the right investors for your startup. You can treat it as a business transaction or you can look at it as mentoring as well as financial backing, that’s up to you. But without investors, it’s going to be really hard to get things going. They are there to back winners, prove to them your idea is awesome, you have the vision and you’re the right team to push it through and you’re set! Why would they want to steal your idea and implement it themselves when they can simply have you execute it? Funding is a very necessary part of any startup. If you don’t have enough capitol to see you through building the product, then it doesn’t matter how good you idea is. If you’re leery to go with private funding, you could always use avenues like Kickstarter or YCombinator.
At the end, if you think you have a great idea, share it with people, get some feedback and execute it. That’s all that matters.

