That's how I went about it and it was absolutely awesome. Look at it this way:
What are the odds that someone steals the exact idea you choose out of the many you have, sticks with it long enough to matter, AND executes past the first iteration? You're more likely to get struck by lightning. Let's say the roles were reversed with Facebook and those two twins supposedly took the idea from Zuck. Do you really believe they would have had the vision to iterate beyond a social network for college kids?
On the other hand, you can tell as many people as much as possible. You'll get a ton of feedback, find flaws, meet new people, and have opportunities present themselves you would have never had happen otherwise. The odds of that? Very very likely.
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That's how I went about it and it was absolutely awesome. Look at it this way:
What are the odds that someone steals the exact idea you choose out of the many you have, sticks with it long enough to matter, AND executes past the first iteration? You're more likely to get struck by lightning. Let's say the roles were reversed with Facebook and those two twins supposedly took the idea from Zuck. Do you really believe they would have had the vision to iterate beyond a social network for college kids?
On the other hand, you can tell as many people as much as possible. You'll get a ton of feedback, find flaws, meet new people, and have opportunities present themselves you would have never had happen otherwise. The odds of that? Very very likely.