eli5 How tech start up prevent their ideas stolen by big tech giant ?

470 views

Patent protection would take years to be approved. Even if it is approved, how they can prevent their ideas being stolen during the application.

Also, ideas are often not worthy. Big tech can come up better solution better execution so how can one protect their ideas ?

For example, in the early stage of youtube, big tech have all the resources to recreate a similar platform but why didnt they do that ? If youtube was not just popular at that time, will their ideas silently stolen by big giant ?

In: 6

11 Answers

Anonymous 0 Comments

This can be achieved in many ways. One is just not sharing the technical aspects of the idea. Another is patents, which don’t take that long to obtain. Finally, with your example of YouTube, by the time it took off and became popular, stealing the idea would have been difficult. It would take a lot of effort to convince current users to switch to a new platform when they already have one that works so well, or convince new users to adopt a new untested system rather than use a tried and true platform. So rather than trying to steal the concept of YouTube, a big tech giant (Google) bought them out. This was a win for the startup since they made a ton of money.

You are viewing 1 out of 11 answers, click here to view all answers.