Live data from Hacker News

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

news.ycombinator.com

481–490 of 580 posts

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

#481
post #397

And there I thought that the ideas were the easy part :-) Frankly I'm not sure you can succeed if you're just a mercenary (not trying to insult you). To me it seems you're approaching the problem the wrong way : it shouldn't be about doing like everybody else or trying to be successful just because you think it will make you feel good but it should be about releasing this f * idea that is nagging you since years and…

Care to say what the problem is that your idea solves?

Frankly I'd rather keep it to myself. I'm baffled that nobody thought about it since 10 years.

But right now I'm working on a back-end code generation tool : the user would just draw a data schema and once done get a database (as a script or as a container or directly in his cloud of choice) and scaffolding for the API.

The data schema is based on a specific method that makes it simple to think about your data without having to grok foreign keys.

I'm not sure I can pull it off but I want to see how far I can go.

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

#482

My simple advice is to stop looking for ideas and to start looking for problems. Look for the pain, and to do that talk to people. The challenge will be that most people accommodate the pain in order to get something done, but they don't like it. A recent pain point I came across was that 501.c(3) organizations are good at organizing but often poor at "the Internet". That suggested that if you talked to a half dozen…

Do an idea funnel like a sales funnel

1st stage is pains

2nd stage is pains we can solve (don't underestimate the need of domain knowledge here)

3rd stage is what we have the competence to solve and can come up with a better way of solving it

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

#483

Earlier quoted context omitted.

I so disagree. I've met so many "people with vision" who were far off with reality and ultimately failed miserably. Most successful startups I know, including my own, have pivoted - i.e. they had the wrong vision to begin with and figured out something else along the way. The team was what made them succeed.

Usually you want someone who’s also a domain expert and knows the market inside and out. More than just a vision that hasn’t been market tested.

And who knows how to run a business. Sadly, it is quite often the case that those at the helm of start-ups are absolutely clueless about what it takes to run an actual business.

This makes everything look fine and peachy until the VC money runs out.

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

#484
post #381

Earlier quoted context omitted.

>My simple advice is to stop looking for ideas and to start looking for problems. I concur, and add that HN could really help OP by complaining about random stuff here. Just complain about the first thing that comes to mind that's been bugging you, OP will really appreciate it!

As a pedestrian walking in SF, I am almost run over in crosswalks daily, even while knowing that drivers will run right through them. Fix that and I’d subscribe to a companion app with a blank white screen for $5/month..

Visibly carry a brick.

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

#486
Like others have said, try to solve problems instead of looking for ideas.

If you want a list of over 30 ideas (one of which I've been working on and recently got accepted to interview at YC for), feel free to email me and I'll send you my list. I write them down as they come to me, as crazy as some might sound. lxc5296 [at] gmail.

Here's one:

Why don't you come up with a startup that helps people find ideas? Clearly it's a problem you yourself have, as well as many others. It seems impractical, but most great things are until someone comes along and does it right.

How it could work: people can call into a center and talk with people that specialize in certain topics and have conversations that lead to ideas. The expert can get a feel for the callers interests and find an intersection between them and problems that need to be solved.

Or, it can be strictly software based.

Eventually it can turn into a platform for people that don't know what direction to go in in their life to seek help and get guidance. Trust me, there's a lot of those people in the world (basically all millenials). Huge market.

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

#487
This is a long shot but here goes. I'm the single founder and developer of gympro.com. Recently announced that we will be shutting up shop in January next year. Would the fitness space be something of interest? I'm looking to hand over the Gympro brand to someone that is willing to make it work, or has some pivot ideas. Can send more details to anyone interested: aleks at gympro dot com

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

#488
Coming up with ideas is easy:

- make a robot vacuum cleaner that doesn't require maintenance

- design a system which allows a robot vacuum cleaner to move between floors

- make a robot vacuum cleaner that doesn't require one to empty the dust bin.

- make a robot to plaster my walls for a fixed fee with insurance that if you fail to deliver I can get it done fully paid by my previous guy with escrow money in the bank if you fail to deliver

- install solar panels automatically (too challenging? I thought you had a "great" team)

- automate kitchen staff in restaurants using smaller or equal space

- build a machine which can take a message and optimize it for the target audience; e.g., by making it simpler to understand or more politically aligned.

- build a machine that cheaply figures out whether the fish/meat you are serving up in a restaurant contains toxins

- revolutionize space travel using far out ideas you probably wouldn't understand

- figure out what could potentially be built in space cheaper than on Earth, patent it, and give Elon a call.

- build a quantum computer (some startups do this already)

Your problem likely is that you want to get a "great" startup without the required capital and resources. You literally have one guy according to my count, because a money guy is worthless (below a billion dollars to burn) and business development people are a dime a dozen.

If you don't have domain expertise to know how something could be done better, the probability of failure is going to be enormous.

In principle, I could probably help all of the above happen, but all of them require a lot of capital, people, and patience.

Take for example MAPPER Lithography. This is an example of an innovative company, a startup if you wish, but it started 17 years ago. If you really want to make something of value, that's the kind of commitment you should have. If not, try to create the next Snapchat (still no idea why it's worth anything).

Until that time, get a job. Having a job is not the worst thing in the world.

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

#489

Earlier quoted context omitted.

>My simple advice is to stop looking for ideas and to start looking for problems. I concur, and add that HN could really help OP by complaining about random stuff here. Just complain about the first thing that comes to mind that's been bugging you, OP will really appreciate it!

Easily fixable phones and laptops. My phones and laptops are small enough and lightweight enough. Making them bulletproof is too expensive. But making them easier to fix, documenting the process and authorizing repair shops would do be great. PS: I don't need to be able to hot-swap parts. PPS: pro models from Dell and HP at least are often quite easy to disassemble and fix and I think you can often source parts from…

Phones not made by Apple are easy enough to fix.

Just replaced the screen on my Mi Mix for about $100 plus an hour or so of my personal time.

Post reply on HN