From a great post by Pravin Jadhav of social media startup Wishberg . Don’t divulge what is not shipped yet. This is a tough one to explain. To put it simply (or wisely) – ‘You can’t build a reputation on what you are going to do.’ Here the context is different. Everyone is looking for ideas, you don’t give it to them. We met with one angel investor, had a detailed discussion about our product – how we intend to market / acquire consumers. Few days later, one of his invested startup came up with remarkably similar approach. On another instance, one investor met us twice in a span on 10 days, insisted we share our detailed road map ASAP. A week later his firm announced a investment in an over lapping category; he was leading the deal. Do whats impossible, not what is easy. If you have a brilliant idea and you think its easy to execute, there probably are another 100 startups doing it already. You are operating in a crowded space. Your health is important. ...Long working ...
Startup Journey is a forum for entrepreneurs catalyzed by Arun Natarajan, Founder of Venture Intelligence