Hi all,
I'm feeling pretty guilty right now because we're seriously contemplating stealing someone else's business idea and executing it ourselves.
I randomly met this person in a cafe two months ago and we now regularly meet to discuss about about web stuff and our respective ventures. My co-founder and I were originally working on a previous project that we ended up ditching and then we started brainstorming business ideas, many of which we submitted in the last YC application. This guy knew we were searching and yet every time we met he just kept giving us all the details of his website/app and how it would make money etc. This was all informal with no NDAs or anything.
Two months ago I would have never thought of stealing his idea, but a few weeks ago this guy and his partner fell through and he's now alone. I don't even think he can put this thing together and I don't think he's going to anymore even though he claims so. Given that our last venture failed, and in light of this development we're seriously considering stealing his idea. We can actually execute this idea really fast and have a pretty ingenious way to promote it too.
But we're not jerks. We feel it's wrong to do this without telling the guy. And we don't want him in our team neither. He's so passionate about his project that he probably wouldn't want to change anything, such as the name which is really lame. In terms of skills he's technical but probably wouldn't be able to code everything himself, especially the back end. But he does have a bit of money though, so he could help us bootstrap.
We need advise! What should we do? Secretly develop it similar to Mark Zuck, be honest and upfront or partner up?
How many of you have actually stolen other ideas or gotten their ideas stolen?
Thanks for your responses!