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It is an indication that they value first mover advantage. It has nothing to do with the value of ideas.



Aren't they valuing the idea in this case? If they thought there was no risk of someone stealing the idea then why keep it quiet?


> If they thought there was no risk of someone stealing the idea

I didn't say that. In fact, I said the opposite - they acknowledge there is a risk in someone stealing the advantage of being first to market, irrespective of the idea itself.

Being first to market on a mediocre idea with good execution is an order of magnitude better than being fifth to market on a great idea with good execution.


I am not so sure being first with a mediocre idea is better than coming to market latter with a great idea. Mediocre ideas increase the chance of failure, but more importanty no idea that is being executed on by four others before you is a truely good idea.




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