noelsequeira

I'm extremely sorry if this blog post came across as rude; it was just one of those passing observations I thought I'd document.

What I wanted to highlight is - there are several seed stage venture funds around now, and one must be a tad careful lest they disclose to too many entities.

I did edit the title as one member found it inflammatory and called it linkbait.

I beg to differ. There's nothing to be gained by accusing anyone.

When I'd written the article it never occured to me that the title might come across as inflammatory. I think an edit is due.

However, I do feel the underlying issue is well worthy of discussion. What I personally feel is if you believe you have the next big idea, you must limit disclosure to a handful. There's a fear of rejection that might compel many to disclose their concept at several fora. That might eventually hurt them.

And finally, please don't get personal. I'm expressing personal opinion, and I'm ready to edit bits if they seem insinuous/inflammatory. But nobody likes getting flamed after having put in a fair amount of effort into compiling something they feel might be insightful to others.

I think it's worth observing when the early birds in these 'obvious spaces' emerge simultaneously. We had an idea that we wanted to develop and were tempted to apply to a fair number of incubators. There was, though, the concern that if we did so, we might end up hurting ourselves through the disclosure and discover competitors in our 'obvious space'. Was a concern we had. Maybe you don't echo it. I'm sure several individuals who believe their ideas are novel will.

Nobody's hating on every other incubator; you might need to read the entire article over. When the YC movement began, there were just a handful such incubators and they've proved their integrity through their portfolios. Scores of new incubators are popping up each year. With the same ideas being submitted to a whole host of incubators now, confidentiality and intellectual property concerns rise to a new level.