Earlier quoted context omitted.
Sleep isn't "wasted" time. Without sleep, we'd be dysfunctional, and soon thereafter, dead.
You dream, come up with different perspectives, learn, come up with creative ideas, etc... At least that is the case for some people.
Ask HN: What is the biggest untapped opportunity for startups?
901–910 of 1001 posts
Re: Ask HN: What is the biggest untapped opportunity for startups?
#902Hundreds of restaurants in the same geographic area will be purchasing ingredients from a variety of different suppliers, based on their need. If they clubbed together with other local businesses to source common ingredients they could benefit from economies of scale; i.e. instead of 100 restaurants each buying 200 onions, there'd be a bulk order for 20,000 onions; meaning 1 lorry to deliver direct from the supplier(…
Been trying to do this on a smaller scale (pooling the needs of restaurants in foodparks), and it is horribly difficult. There are so many factors at play (demand changes day to day, spoilage, etc.) Even with software to automate the process, the delivery logistics would be too time consuming for your average restaurant owner to get into.
Re: Ask HN: What is the biggest untapped opportunity for startups?
#903Earlier quoted context omitted.
> The pill for men won't make it. From what I understand, "they" have already developed this, and trialed it. It worked great, but for many men it had certain undesirable side-effects, and for a very few the side-effects weren't good at all. But for most, it worked well. The interesting thing? Almost all of the side-effects that were experienced by the men in the study all sounded exactly like the side-effects women…
As funny as this anecdote is, the real issue was that it caused a couple of cases of permanent sterility so the scientists were forced to abandon the study. The whole thing is annoying because I've now seen the whole "lol boys can't handle what girls put themselves through on the pill" from print news, reddit, buzzfeed, my girlfriend's gynecologist, and now hacker news. It would be great if male contraception existed…
Also, ballgame, I see what you did there.
Re: Ask HN: What is the biggest untapped opportunity for startups?
#904Physical space for lounging, socializing, and working. I live in NYC and there's still a striking lack of space that facilitates people getting out of their apartments and doing "whatever." Starbucks popularized the concept of the "third space" (the first two being housing + workplace) and I think there's so much room to improve upon this.
This is exactly what spacious.com in NYC is working on, a network of coffee / meeting lounges across the city, inside really nice restaurant dining rooms that are otherwise closed until dinner service. (big disclaimer: I'm the cofounder).
Re: Ask HN: What is the biggest untapped opportunity for startups?
#905Earlier quoted context omitted.
> If a company in California has ample opportunities to sell in Florida (>2000 miles away), why then is it significantly more difficult for a company in Greece to sell in Denmark, which is a much shorter distance. The US has a federal "interstate commerce clause" which means that individual states cannot regulate trade with other states. The federal government has all the control, which would be like the European Uni…
The US version is a bit more far-reaching but the Common Market[1] allows me to sell almost anything in any EU country. Incidentally, Amazon is one such example. If I buy something on the German amazon.de the contract is formed with Amazon EU S.à r.l. in Luxemburg and the goods are often shipped from a Polish warehouse. The difficulties companies face within the EU are largely language and culture related rather than…
And this seems to work for FBA articles as well. But they can handle that due to their own logistic network. Parcels within Europe are still rather expensive, compared to a domestic Parcel. I can still send articles much cheaper from London to Inverness (Scotland) than to Brussels, even though Brussels is closer.
But that's probably just a function of the low B2C trade across borders, which leads to a sparse delivery network.
Re: Ask HN: What is the biggest untapped opportunity for startups?
#906I always think there are huge opportunities for growth in intra-EU trade. It's a market with over 500M people and a $17 trillion GDP. While the EU has taken away a lot of trade barriers, language and unfamiliar regulations remain a huge barrier, but also a huge potential for growth. If a company in California has ample opportunities to sell in Florida (>2000 miles away), why then is it significantly more difficult fo…
How would you suggest going about overcoming these differences? I live in the EU. I've thought about this for some time and I can't really think of a scalable approach. One aspect of the problem is taxes and regulations, which for the most part has to be addressed politically. The different jurisdictions are a cause for friction, too. The even more significant barrier however is the linguistic and cultural one. It's…
Re: Ask HN: What is the biggest untapped opportunity for startups?
#907Earlier quoted context omitted.
And a small European country like Ireland doesn't get its own Amazon store so they have to rely on Amazon.co.uk, where everything is priced in Sterling (not Euro). Irish customers can't avail of Amazon Prime, shipping times take longer etc. A federated Amazon.eu with a continent-wide distribution network may help. Goods priced in Euro certainly would.
Did you try Amazon.de and switch language to English? I'm just wondering.
Re: Ask HN: What is the biggest untapped opportunity for startups?
#908Re: Ask HN: What is the biggest untapped opportunity for startups?
#909Earlier quoted context omitted.
To what extent does the EU need to substantially consolidate language further to become more effective? There are two dozen major languages spoken in the EU. Nearly half of the EU can't communicate well with the other half because they share no common language. How do you get the EU to pursue a standardization of language, such that ~95% of people in the EU are fluent in at least one EU-wide common language (whether…
That language is already English. Most young people can at least read and write basic English.
And in addition to that, even though most young people can communicate well in English doesn't mean they want to shop in an English store. You need to have a very good proficiency (probably C2) to know the English words for all articles you have in your household.
But translating a website shouldn't be a big deal anyway.
Re: Ask HN: What is the biggest untapped opportunity for startups?
#910taking on the Bloomberg terminal. They've got over 300 000 subscribers each paying circa 2000 USD every month. That's 600 million dollars of revenue per month. They're running a labyrinthine functionality on a 1970s System/360-style interface (command line at top of screen). He hires an absolute army of "reps" who's sole job is to try to help subscribers to find functionality, through an interface that is best descri…
There is a very strong desire to get a working competitor to Bloomberg to reduce costs. And replacements slowly seem to reach a maturity that make this possible.
But this is not work for a start up. You need a lot of capital to develop a product that works for all asset classes, and a huge network to enter the messaging sector.