This it the epitome of Startup Weekends' short fall.
You simply can't start a company in a weekend. Even moreso, you can't expect to start a company with a bunch of random people you just met.
This gets complicated by the fact that not only do the team members not know each other, they inevitably all have day jobs. They all have different level of skills. Not to mention that companies shouldn't be started by more than 2 or 3 people - teams at startup weekend are typically 6-8 as I recall.
And if a team wins, they think this somehow increases their chance of success at starting an actual company.
I'm a big fan of the concept of startup weekend purely to raise awareness of what it's like to start a company. But stop it there. Nobody be looking to start a company out of a weekend event.
I'm not at all shocked at what happened here. And to the poster, it's your own fault. If you actually thought you would start something with a random "idea guy", well, lesson learned. At least read up on IP agreements first.
You simply can't start a company in a weekend. Even moreso, you can't expect to start a company with a bunch of random people you just met.
This gets complicated by the fact that not only do the team members not know each other, they inevitably all have day jobs. They all have different level of skills. Not to mention that companies shouldn't be started by more than 2 or 3 people - teams at startup weekend are typically 6-8 as I recall.
And if a team wins, they think this somehow increases their chance of success at starting an actual company.
I'm a big fan of the concept of startup weekend purely to raise awareness of what it's like to start a company. But stop it there. Nobody be looking to start a company out of a weekend event.
I'm not at all shocked at what happened here. And to the poster, it's your own fault. If you actually thought you would start something with a random "idea guy", well, lesson learned. At least read up on IP agreements first.