Imagine a software engineer invests half-a-year of full time work, iterating through product/idea. Paying market rate of that person is $200k/year. A $100k invested into R&D.
Now you are a VC. A software engineer shares the results of the work (idea/prototype) with you. It's primarily the refined idea that holds all that invested value. And then VC just claims - ideas are not protected - it is perfectly ethical to use ideas for free?
Doesn't it destroy trust? Would such software engineer next time go to the same VC? How is it not equivalent to stealing $100k worth of someone's work?
Imagine a software engineer invests half-a-year of full time work, iterating through product/idea. Paying market rate of that person is $200k/year. A $100k invested into R&D.
Now you are a VC. A software engineer shares the results of the work (idea/prototype) with you. It's primarily the refined idea that holds all that invested value. And then VC just claims - ideas are not protected - it is perfectly ethical to use ideas for free?
Doesn't it destroy trust? Would such software engineer next time go to the same VC? How is it not equivalent to stealing $100k worth of someone's work?