Ask HN: We have a great team and capital but can't find a good idea
231–240 of 580 posts
Re: Ask HN: We have a great team and capital but can't find a good idea
#232Build something (anything!) that uses some cool ML technology (or even just some simple statistics) in that domain. Think of this as an ultra-MVP - something you build part-time in the order of weeks, rather than full time over months. This keeps your "investment" low and makes you mentally ready to accept changes.
Loop back with the people in the un-sexy industry to get feedback. Remember, not all industries are bombarded with technology - you'll need to strike a balance between showing them something sufficiently "fancy" to pique interest, and abstracting away your technology so they focus on a problem it solves.
When my cofounder and I started ~4 years ago, we chose an un-sexy industry that my cofounder knew from years of consulting. This was awesome, but even with his amazing experience, our initial idea for a product didn't take off (which was fine - it doesn't take too many wins to make the weeks of development/sales profitable).
Over the next 4 years, we built another couple of offerings, which sold better than the first. They took hold in various ways, but the insights behind each product were usually driven (or at least influenced) by the people we talked to about our initial product. Which brings me back to the key - build things in a low-cost way and use that to identify tangentially related problems until you think you've found a big enough pain point.
Re: Ask HN: We have a great team and capital but can't find a good idea
#233Re: Ask HN: We have a great team and capital but can't find a good idea
#234Re: Ask HN: We have a great team and capital but can't find a good idea
#235Re: Ask HN: We have a great team and capital but can't find a good idea
#236The problem of human health and aging. ( isn't it the biggest problem ALL of us face?) On the face of it you may think that there are plenty of people working on it but there aren't. Most of main stream research is aimed using the conventional approach: Finding a 'cure' for a disease just like it's done for an infectious disease.Example: cancer. This is a fundamentally flawed approach. If you think of it older people have a higher probability than younger people of cancer, heart disease, diabetes etc. So the more rational approach would be to target ageing itself.
The SENS foundation is one such entity that has this approach (http://www.sens.org)
Re: Ask HN: We have a great team and capital but can't find a good idea
#237Re: Ask HN: We have a great team and capital but can't find a good idea
#238Re: Ask HN: We have a great team and capital but can't find a good idea
#239[deleted]
for the OP of this list, this idea "Crowdsourced Air-Traffic-Control" is a good idea if changed to traffic light control. One thing that REALLY bugs me is inefficient traffic lights because their timings are off. But the trick is not direct control of traffic lights, but track a consensus to change timings.
Bonus, revolutionize traffic lights through vision and adaptive control to create best average trip times for everyone, adapts to accidents / blockage etc :)
Re: Ask HN: We have a great team and capital but can't find a good idea
#240https://pando.com/2012/12/11/what-makes-for-a-great-entrepre...