Nice idea…glad you thought of it!

Imagine publicly discussing an emerging IT service and having a competitor lift and launch that idea ahead of you.  That is a nightmare and something that might have once caused lawyers to line up.  In the end, though, you would possibly been better served by keeping your mouth shut, which is probably what the folks at Justin.tv wish they had done about 10 days ago.  Here are the details.

So now the genie is out of the bottle and in the wild.  Livestream pillages the idea from and then launches Twitcam ahead of CamTweet by Justin.tv.  The central hub to all of this hub-bub is, of course, Twitter. 

My take-aways from this:
- you are better off investing your time implementing a potentially good idea than hyping it  (for the record, Justin.tv will always be the proverbial second guy to invent the wheel)
- once again, the power of modular, open API technology causes traditional thought to take a step back (remember we are only talking a matter of days from hearing an idea to launching ahead of the guys who put forth the idea – wow!)