It's blog posts like this one that make give me hope in my ideas. Maybe I should get off my ass and do something about it.
"My idea isn't good enough yet" explained a friend who is thinking of starting his own company. He was waiting for the idea to be completely fleshed our before taking the leap.
Here's a newsflash: Your idea probably sucks, and it doesn't matter because your business will probably turn out to be something completely different.
Sounds wrong? Let's see.
In 1998, a company received $4.8 million in funding to "beam money between Palm Pilots." I'll code-name this product: MoneyBeamer.
Would you have invested in them? Not with an idea like that. You'd be wrong though -- it was PayPal. Their work with encryption was combined with an idea for a consumer-targeted on-line banking system made it the easiest way to send money by email. They were sold to eBay for $1.3 billion.
