The ideas I have for products right now are things I would use. Unscatter.com will be a unified search and social client portal. Fanatastic.com will be a sports community site encouraging users to share and discuss latest sports news. I have an idea for a service, rather than product review site I am kicking around with a friend. Lastly I want to make a site people can make books filled with their personal wisdom to share with their kids.
The worst thing that could happen is someone steal those ideas and execute them so well that I use it instead of building my own. I don't think entrepeneurism is about chasing the dollar, it's about building something worthwhile. That's why I dumped stealth mode a long time ago.
In response to fanatastic: I stream a lot of soccer games, and whenever something big happens, my first instinct is to see what people are saying about it.
Google+twitter give live updates, but it's not very conversational.
Reddit is conversational, but the format isn't quite right: it's hard to follow where new conversations are happening. This is currently my go-to.
Justin.tv has chat during a stream (almost ideal!), but only until it gets shut down for copyright infringement.
I don't know exactly what I want, but there's certainly some opportunity here.
That's pretty similar to what I was thinking for fanatastic. It's on hold right now, the site that's up is probably 2 years old now with no fresh data.. anyway the idea is users would be able to sign up and pick their favorite teams. They would then have a customized page of all the news, twitter and facebook streams for their teams.
I'd then allow digg style voting up of stories in order to bubble things up to the top page of the site. The social aspect comes in when the news stories are tagged by teams. I'm a big NFL guy and a Redskins fans, well a story about a Redskins/Cowboys game would show up on both Cowboys and Redskins fans pages. That could spark entertaining dialogue, if for example you've ever tailgated at a game and seen how things go there.
The challenges are the news gathering initially, once it matures users may feed the site news themselves. Also moderation will be a big issue. It will probably be the factor that causes the site to succeed or fail.
Marketing would have to be a bit more old fashioned. I'd go after people at the games, they're the ones who spend so much money to see their teams live, get them hooked and the others will follow. Big signs, free t-shirts/hats, even a free stand passing out water bottles to people walking towards the stadium would be great in a lot of cities.
Out of all my ideas I think this is the one I think would be the most fun to work on, from development to marketing. But I'm a big sports fan.
The worst thing that could happen is someone steal those ideas and execute them so well that I use it instead of building my own. I don't think entrepeneurism is about chasing the dollar, it's about building something worthwhile. That's why I dumped stealth mode a long time ago.