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Stolen Startup Idea

December 8, 2009 sherene Leave a comment

The cost of a stolen startup idea is hard to measure. The potential revenues of an innovative business model, a technical implementation or a unique business plan lost due to someone sneaking off with your idea can only be imagined. A highly feasible idea once stolen could translate into millions of dollars lost.

You think this could never happen to you? Here‘s a story of a very experienced entrepreneur who had his startup ideas stolen, not once, but twice! Luckily for him, he won in the end anyway but would you want to expose yourself to such a risk?