161–170 of 458 posts
I noticed you guys added Food and Farming to the RFS. How did that decision come about?
The same way every other item on the RFS got there--a partner was passionate about it and chose to add it.
Do you think the start-up structure of running a business could increase or decrease income inequality (and what do you consider beneficial?)
Twitter seems to be the example du jou, but there are many.
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What is a company (other than SpaceX) with a super long-term goal that you are excited about?
Here are 5 out of ~200 that fit this category: Helion Oklo Rigetti OpenAI Gingko Bioworks
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What doesn't work about our process for this?
I have applied again and again and have been rejected each time. I honestly don't mean to be vague but have found that it is very difficult to convey in words. It's a graphical technology that takes just a very brief chat for people to understand. It's a large horizontal departure with wide possibilities. That makes it difficult to explain as a single targeted product
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>3) It turns out that it's harder than it sounds to capture the full value of a smaller market for a bunch of reasons, and so the failure rate is much higher than expected. What kind of reasons? Direct me to some resources if there are too many to enumerate
I'm interested in this as well. Doesn't this go against Rob Walling's advice in "Start Small Stay Small" as well as Peter Thiel's advice in "Zero to One"?
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I have applied again and again and have been rejected each time. I honestly don't mean to be vague but have found that it is very difficult to convey in words. It's a graphical technology that takes just a very brief chat for people to understand. It's a large horizontal departure with wide possibilities. That makes it difficult to explain as a single targeted product
I would say that if you cannot explain it simply then you cannot sell it simply. You also sound like you 'deserve' to be heard while in fact nobody owes you a meeting.
I don't agree with your simply conclusion. People didn't know what Twitter was for. And Gordon Moore didn't know why someone would want a home computer just to keep recipes. But those that understood it knew what the possibilities were.
Is this thread being punished by a flaming war trigger? It is not on front page, not even the first Ask HN page.
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1) This is where effectively all of our returns come from. 2) These companies are the most fun to work with. 3) It turns out that it's harder than it sounds to capture the full value of a smaller market for a bunch of reasons, and so the failure rate is much higher than expected. I think the payoff, at least in our case, is well worth it.
>3) It turns out that it's harder than it sounds to capture the full value of a smaller market for a bunch of reasons, and so the failure rate is much higher than expected. What kind of reasons? Direct me to some resources if there are too many to enumerate
When you are in a massive market there are lots of adjacent places to pivot. When you're in a small market, if you miss on the first try, you probably miss completely.