When all you have is a great idea...
dcrookston at gmail.com
Wed Feb 22 17:03:53 MST 2006
In a meeting with venture capitalists. Just remember that old adage -
"VC's... are the the spawn of Satan, or just clumsy rapists?"
On 2/22/06, Gabriel Gunderson <gabe at gundy.org> wrote:
> Dear Abby... er, PLUG,
> I'm pretty funny about business ideas. I try to think of cool new
> businesses all day long. It's something I enjoy doing (I get it from my
> dad - ever the entrepreneur). I can't take a shower or a walk without
> "working" on one of them. While it's yet to make me rich, I do enjoy
> using the spare brain cycles.
> When all you have is a great idea, where do you go with it? Do you
> share it and risk others taking it? Should you care, or is that being
> Usually, I don't take the ideas too seriously and I share them with
> others with the hope they may do something with it. Anyway, I came up
> with an idea this week that really stands out in my mind. It's an
> advertising business that's 90% technology (Open Source) and 10%
> whatever else. An advertiser wouldn't come up with it on his own, but a
> technologist might. It is very, very targeted and I'm betting has a
> *very* high "click-through" rate. I believe it would be *extremely*
> easy to sell. I'm certain it's not currently being done by anyone else.
> You can see why I would be excited.
> The problems are...
> 1) Only a med-big company could pull-it-off.
> 2) A partnership with someone like Google would be needed.
> 3) It needs to be rolled-out in large cities all at once.
> 4) Significant upfront hardware cost.
> Where does that leave the guy who doesn't even have time to shovel his
> walkway but has a killer idea?
> What would you do?
> Underfunded in S.F.
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> Don't fear the penguin.
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