But that’s sort of my point. Mr Cuban’s rules limit the scope of what you can do. If you have to break even within 60 days than you can’t have that many resources (a 2 person operation at best I would assume). So say you come up with the idea, he funds it, and you get to work with one other person.
Now what’s to stop some company who sees your idea (which is probably worth stealing since Mr. Cuban liked it) and puts 6 people on it for the first 2 months. No matter how well you execute it’s hard to beat a team 3 times your size who are working on the same basic idea.
Because even if you execute better they can self correct fast enough to kill you off.
I think we're pretty much on the same page. The only distinction I would make is that I think more people + more money + a shameless willingness to copy your competitors good features might equal better execution.
You're making the classic techie mistake of assuming that any given niche can only support one business. Except for a vanishingly small number of historical anomalies,that's just not true!
And of course one thing won't change the economy, but helping to create new businesses is a great thing.