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by graysnorf
4970 days ago
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It is true that for people to buy ideas they must have value. But the transaction must also be feasible. The trouble with ideas is that I can't easily prove to you the idea is valuable without having already given it to you, thus destroying your incentive to complete your end of the transaction. It may be that there isn't a market in ideas because they have no value. But it may also be that there isn't a market in ideas because it's too difficult to facilitate the transaction. |
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The problem is that nobody wants to buy raw ideas. Any decent entrepreneur has ideas coming out the wazoo. People who aren't decent entrepreneurs could probably use ideas, but they'll very rarely recognize that they need them.
There is a great market for proven ideas. That's why a major route for startup exit is acquisition. Once you've achieved product-market fit, plenty of people can see the value of your idea.