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

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

#351
post #73
post #50

What non software domains are you experts in? There are lots of businesses out there with problems that are solved with spreadsheets for which a focused SaaS offering would be a 10x solution. See procore or gingr for examples (those are just off the top of my head). But you need the domain expertise (or be willing to acquire it). Then, you also need to be passionate about it. To avoid the long slow SaaS ramp of death…

So how do you get domain expertise? Sometimes I think the best way to go about it is to become a consultant, look around in companies, and when you've found something, build a product for it.

Hahah, that's the rub. Being a consultant can be a good way to acquire domain expertise, as long as you are vertically focused: "I solve problems for realtors" rather than tech focused "I build web applications" or "I build mobile applications in Swift". Downside: can be scary to specialize, will take some time.

Another way to do that is to actually do the job or take a job in a company that is not a software company but that uses software. I worked for a real estate brokerage for years and now know a lot about real estate. Downside: again, you have to pick a specialty and will take a few years.

A final way is to do some research and talk to people about their problems. This is much quicker, but will require some work that you won't get paid for. Amy Hoy has some great stuff around researching: https://stackingthebricks.com/

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

#352

Earlier quoted context omitted.

Mark Cuban once said (something like) "If you're looking where everyone else is looking then you're looking in the wrong place." I think that trumps Parsons. That said, looking at ideas that "didn't work" can be a solid approach. That is, sometimes (for example) the idea was solid but the team failed. The market also changes and some ideas can be ahead of their time (and poorly executed).

I think that trumps Parsons. I have a tremendous degree of regard for mcuban, and I think his advice has merit. But I wouldn't say either "trumps" the other. These pithy sayings are handy, but there's a lot of nuance to both of them (IMO) and the devil is in the details. Should Google have decided not to pursue search because of Altavista, Dogpile, Magellan, Northern Light, Yahoo, and DMOZ? Should Facebook have esche…

True.

But I would counter with...Google wasn't a search company, but an advertising platform. And that's where is looked where others were not.

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

#353
I'd love to talk to you but probably best not publicly. I'm looking for groups like you describe, and have ideas to spare (many of which have a great deal of development behind them but could use a team and possibly some funding to get launched properly). I'd love to give you a demo or two.

rjbrown at gmail

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

#354

Earlier quoted context omitted.

Mark Cuban once said (something like) "If you're looking where everyone else is looking then you're looking in the wrong place." I think that trumps Parsons. That said, looking at ideas that "didn't work" can be a solid approach. That is, sometimes (for example) the idea was solid but the team failed. The market also changes and some ideas can be ahead of their time (and poorly executed).

To be fair to Parsons, he built a dramatically more successful and larger business than Cuban ever has. Parsons is also a billionaire and worth nearly as much as Cuban. In terms of sales, GoDaddy is six times the size of the Dallas Mavericks business, and ~20 times the size Broadcast.com was before the dotcom bust.

Yahoo bought Broadcast.com for $5.7B in 1999 (pre-dotcom bust) and Godaddy has a market cap of $7.65B as of today, so I am not sure where you are getting 20x bigger valuation from.

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

#355

Earlier quoted context omitted.

Mark Cuban once said (something like) "If you're looking where everyone else is looking then you're looking in the wrong place." I think that trumps Parsons. That said, looking at ideas that "didn't work" can be a solid approach. That is, sometimes (for example) the idea was solid but the team failed. The market also changes and some ideas can be ahead of their time (and poorly executed).

To be fair to Parsons, he built a dramatically more successful and larger business than Cuban ever has. Parsons is also a billionaire and worth nearly as much as Cuban. In terms of sales, GoDaddy is six times the size of the Dallas Mavericks business, and ~20 times the size Broadcast.com was before the dotcom bust.

True.

But my sense is Cuban could do it again. Parsons benefitted from timing and is likely more of a one trick pony.

Yes, a great and lucrative trick. But still one trick :)

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

#356

Earlier quoted context omitted.

I think that trumps Parsons. I have a tremendous degree of regard for mcuban, and I think his advice has merit. But I wouldn't say either "trumps" the other. These pithy sayings are handy, but there's a lot of nuance to both of them (IMO) and the devil is in the details. Should Google have decided not to pursue search because of Altavista, Dogpile, Magellan, Northern Light, Yahoo, and DMOZ? Should Facebook have esche…

True. But I would counter with...Google wasn't a search company, but an advertising platform. And that's where is looked where others were not.

Google is now an advertising platform. In the beginning, they were no such thing. If Google hadn't essentially stolen the revenue model AdSense is based on from Overture[0], they might be a very different company today.

[0] https://www.cnet.com/news/overture-sues-google-over-search-p...

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

#358
As a person who has studied geniuses of various sorts (Hokusai, Feynman, Einstein, Stevie Ray Vaughan, Shannon), I can tell you that genius appears to be the combination of natural talent, opportune environment and very hard work. If you find such a person, and that person is hungry and honest, then you should be able to become their patron and reap the benefits of stimulating them and reflexively being stimulated by them.

If you and your team are honest and honorable, I would be more than happy to share my projects with you, at least one of which is most certainly genius. Without question, I most certainly share the most important factor in geniuses of all varieties: my simple curiosity and love of knowledge. It is also my natural naivety and lack of concern for money and my utter lack of the mindset that most people have in its pursuit that has left me at the mercy of the greedy and ruthless (but also with a very happy, normal family life and the ability to sleep soundly). As such, I have very little means to pursue my ideas, even though I have achieved enough to be able to provide hard proof that my ideas are still years ahead of their time, and are based upon my experience in dealing with practical needs of modern software development projects, which my resume will demonstrate more than adequately.

Like I said, if you are honorable and intellectually honest about what you don't know (that is a fundamental key to greatness), and you want to work as a team where each member is respected for the uniqueness that they bring to the table, then let's figure out how to chat.

I am deadly serious about this. And while I'm not a fan of TDD as a strict discipline (because I am already a particularly belligerent software tester myself that feels that TDD is a bit over-the-top in terms of structure), I do understand the necessity of setting specific, testable goals. As such, I feel that our world society has failed to create a proper goal for our achievement as a unified human race. I propose that we declare "done" to be "Lasting peace and happiness for all human beings."

My goal, therefore, is to somehow utilize my life's work in information systems to help promote and achieve that definition of "done". I understand that we could engineer such systems to create that society for all human beings, irrespective of ethnicity, form of religion (or lack thereof), sexual orientation or gender identity. While I respect money's ability to measure any endeavor's value to the society producing it, I do despise the love of money for its own purpose while so many human beings suffer in poverty and the Earth is being destroyed due to short-term profit being pursued at the expense of the long-term health of the Earth and its peoples.

I believe that it is my loving perspective on helping others that has given me insights into next-gen technology endeavors. I would love to share my perspective with your team and let you judge me for yourselves. In any event, I'm not feeling very eloquent tonight, but I can share with you my belief that if you make a Bodhisattva Vow or somesuch commitment to facilitating the transformation of this world such that it becomes "On Earth as it is in Heaven", you will receive all necessary inspiration to achieve your goals and far, far more. I wish you all success in your endeavors.

I would enjoy speaking with your team and sharing what I have learned and the kinds of information projects I have already envisioned. My question here is how do we connect without our doxing ourselves, for I have no website to point you towards.

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

#360

Ideas are easy. Doing stuff is hard. Low cost stickers that can be activated then placed on items in the refrigerator to indicate how much time has passed. Should be feasible to develop for a qualified team and would save People a lot of food. Maybe the design exists and just needs proper marketing. Easy, cheap, hassle free batch scanning of photographs. How many people have boxes and boxes of family photos that they…

Ooh. How about a stock market for making movies? You can invest 500 dollars in a 10,000,000 dollar movie and get 1/19,000th of the actual profits. Anyone can become a movie producer. It makes secret plot twist impossible, but could be good for many kinds of movies.
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