On Jun 7, 9:00 pm, Alexander Levashov <[email protected]> wrote: > It's a kind of trendy now to tell that idea costs nothing and execution is > everything, but I would say that it depends. I would say that such trend is > cultivated by VCs because it makes their life easier.
That's true Alex, but most ideas are of the form: - I'm going to create a mobile payment system for taxis. The card vendors rip consumers off with their 10% surcharge, so we're going to create a mobile payment system that charges like 3% and give the taxi operator 3%. Everyone wins. We could use something like Square. All the technology already exists so I'll build a prototype ipad/iphone app to pitch it, and make the big $$$ or - I'm going to develop an interactive advertising platform for taxi. Taxi drivers will be able to install an ipad/tablet behind the front seats that show interactive ads, maps etc that passengers can use. We'd charge the taxi driver a subscription, maybe let them make a commission and we'd have a second market place of advertising. All the technology exists so I'm going to build an ipad prototype, pitch it and make the big $$$. Just ideas, not worth protecting. The secret sauce is in the execution. -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
