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Ask HN: We have a great team and capital but can't find a good idea

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111–120 of 580 posts

Re: Ask HN: We have a great team and capital but can't find a good idea

#111
With your expertise and connections, why not start a consulting firm?

You'll see problems people have across different domains and maybe discover some problems with opportunity for solutions. You can also make small experiment projects as part of your firm.

Re: Ask HN: We have a great team and capital but can't find a good idea

#113

The few product ideas we came up with following the above process we dropped, often because we discovered that that space is ultra crowded or commooditized. GoDaddy founder Bob Parsons once said something like (paraphrased slightly) "never be scared to enter a crowded market. Just be better than everybody else". Something to think about. Beyond that, consider that your product is not the only dimension on which you c…

Recently read this quote:

There’s a well-known adage that “Having no competition may mean you have no market.” The corollary I’d add is that “Having competition doesn’t mean the market is full.”

Seen here: https://www.backblaze.com/blog/how-backblaze-got-started/

Re: Ask HN: We have a great team and capital but can't find a good idea

#114
Everyone makes it so complicated.

Armchair opinion, for all that it's worth (so probably stop reading here): what can you do to provide a lot of marginal value to people, without requiring them to do much?

All kinds of things - how about something with clean water or reliable power generation/storage? There is no shortage of ideas out there, richie rich. If you're REALLY hurting for something like an idea, it's going to show, and you're gonna get grifted. What are you expecting to accomplish here, opening a can of meat in a swarm of piranhas?

Re: Ask HN: We have a great team and capital but can't find a good idea

#116
Hi.

I have been working on a startup that would disrupt a few industries, but it turned out I bit off more than I could chew and I got burned out. Have a bunch of paying beta testers, crazy stick rate, but have moved onto simpler things for now. Have pitch deck ready and would be happy to discuss in private.

Re: Ask HN: We have a great team and capital but can't find a good idea

#117

Group buys for real estate rentals. NYC is perfect for it. Remember how in college, you'd fill in your 1st, 2nd, 3rd, etc. housing options and get a match? Do that with groups of friends who are all graduating college at the same time and moving to NYC. Landlords would love you, as you'd rent out entire floors/buildings all at the same time. Then build an ongoing matching service to fill the spots of individuals who…

There's an awesome service that is executing on this idea in NYC and other similar markets, and is growing pretty quickly: https://roomiapp.com/

Re: Ask HN: We have a great team and capital but can't find a good idea

#120
Spend some time travelling. Around the country or the world. Talk to people outside your normal social class. So many people these days have cellphones and internet access (worldwide). Make their lives easier then find a way to make some money with it.
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