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Would you let people buy 'shares' of your startup idea before building?
1 points by aliseplot 455 days ago
If people could buy a piece of your startup idea, like stock, before you build—would you do it?

Ever tried getting real $$ validation before building? What worked?

Just curious if this would be useful or if it’s a dumb idea.

2 comments

Isn't that what angel investors essentially are? Extremely early stage investors before much of anything is built?
angels already need quite a lot from you done, but if you're just a solo hacker and over the weekend build something useful and want to see if and who would pay for it - then angels are not even looking at you. Think like equity crowdfunding, but with lots of gamified initiatives, like mixing crowdfunding sites with investing characteristics. Makes sense?
The biggest road block IMO is that there are tons of people with "the next great Unicorn app idea", overwhelming numbers who's ideas are well beyond their means to implement or just plain bad to begin with. Having just a little road bump of needing to actually make something first filters out a lot of people.
I think this is called an ICO. And it ended very badly for the majority last time it was tried.
ICO is for crypto? but what about that for a startup idea?
As far as making money before you've done anything to prove out your idea and your ability to make it though it's pretty spot on.

The reason there's not many people interested is people with ideas are a dime a dozen, the people able to implement it given the resources are a thin slice of that group.