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Startups I Want to Fund

startupandrew.com

151–160 of 167 posts

Re: Startups I Want to Fund

#151
post #44

This strikes me as an incredibly boring and typical list. And the core of why is summed up nicely by the author himself, "My favorite pitches solve a problem I'm already concerned about." We have already solved most of the rich-white-guy problems. I am sure he is well-intentioned and strives to understand as much of the world as possible, but if you want to invest in capital-intensive, asset-rich startups with proble…

(author here) If your take here is that I'm interested in "rich-white-guy" problems, I'd encourage you to re-read the list from the perspective of emerging and frontier markets. Most of what I have listed there is actually more important in those places than it is in Silicon Valley. For example -- receiver-centric package delivery is a far bigger deal in places that don't have addresses than it is in the US (and bill…

It should be Community-centric package delivery. A local place with people you know, that manages ordering, delivery, payments, returns and helps with selections. The local "store" should be a community asset where smaller, friendlier and closer are all better than discount big-box.

The key is having large scale services that the community store can manage. Deliver of large or expensive items as a service, like college movers. Instead of Amazon grocery delivery vs other grocery delivery, use the community store to manage the interaction -- they choose quality and price, or decide what combinations to offer. This is good for Amazon too: it lets them compete on the supply chain and outsource customer service.

Community stores wouldn't just have online prices, they could offer innovative things like local individual services (lawn mowing, computer repair) with local ratings and local trust. Clothing from online stores, where people try it on before buying, and the community store manages shipping and damage, etc.. in a relationship with the online retailer.

Creating open software that manages a market for the store/supplier B2B relationships would let the local stay-at-home person start small, a few neighbors, and grow into a larger service and eventually a community store.

Re: Startups I Want to Fund

#152
post #82

I like much of this list - doesn't strike me as first world problems at all (I am not from the first world). Having spent the last two years building a climate action platform I have lots of climate change problems with startup worthy solutions, but the item that really struck me was the online zoo. As an animal lover, the very idea of zoos - even the most enlightened ones - is problematic. Instead, why not let the m…

> Instead, why not let the mountain go to Mohammed?

Isn't this already fulfilled by nature documentaries?

> That's where the digital is actually better than the physical

I really disagree. While it would be neat actually be a tiger for a day, seeing and hearing what a tiger hears through your digital display is not the same.

I would wager that digitally experiencing nature from our comfortable cities does not raise that same connection to nature that one gets from actually being out there and experiencing it with _all_ of their senses.

Seeing a forest is one thing. Hearing, smelling and feeling a forest as your walk through is a completely different experience. Without that more complete experience I doubt people will form meaningful bonds with the natural environment to the point that they want to change their behaviours to protect it.

Re: Startups I Want to Fund

#154

>it’s a chance to be a part of the solution to some of the world’s biggest problems. This statement is completely out of touch with reality.

What do you mean? How is being apart of (creating) a solution to a problem the world faces is out of touch with reality?

Re: Startups I Want to Fund

#155
post #82

I like much of this list - doesn't strike me as first world problems at all (I am not from the first world). Having spent the last two years building a climate action platform I have lots of climate change problems with startup worthy solutions, but the item that really struck me was the online zoo. As an animal lover, the very idea of zoos - even the most enlightened ones - is problematic. Instead, why not let the m…

> Instead, why not let the mountain go to Mohammed? Isn't this already fulfilled by nature documentaries? > That's where the digital is actually better than the physical I really disagree. While it would be neat actually be a tiger for a day, seeing and hearing what a tiger hears through your digital display is not the same. I would wager that digitally experiencing nature from our comfortable cities does not raise t…

> Isn't this already fulfilled by nature documentaries?

Yes, a David Attenborough or Jacques Cousteau can make the natural world come alive. But an interactive digital platform will enable very different forms of storytelling.

> seeing and hearing what a tiger hears through your digital display is not the same

Of course not, just as being a Masai tribesman for a day or even living with them for three years as a peace corps volunteer is not the same as herding cows in Kenya. While stories never transport you into the real world, we all love the idea of platform 9-3/4. They serve different cognitive functions.

>I would wager that digitally experiencing nature from our comfortable cities does not raise that same connection to nature that one gets from actually being out there and experiencing it with _all_ of their senses.

Too broad a brush in my view. For example, there are things that you can do digitally that you can't do in person. However deep you go into a forest, you will never see it with a tiger's eyes because your bodies are different and your brain is different. Forget tigers and forests, you experience your home differently from a dog or cat that you have as a pet. Seeing your home through their eyes - however crudely - will be an act of interspecies empathy that you will never get through other means. It's possible some creatures are so different that their world will be incomprehensible to us even if we stream their senses 24/7. We won't know until we try. It remains an empirical question as to how much of that gap is bridgeable.

> to the point that they want to change their behaviours to protect it

I don't think we are at a point in human history when changing individual behaviors will save the planet, either from climate change or from ecological collapse. We need large scale political action with laws that have teeth and means of enforcing them at a planetary scale. The problem I am trying to solve here (or rather, claim as one needing solving) is a different one: how to transport ourselves into the bodies of other creatures? It's the animal equivalent of reading Dostoevsky to understand Russia - a problem very different from pouring billions into strengthening your computer systems because Russians are hacking your elections.

Re: Startups I Want to Fund

#156
The list got me thinking, why aren't there more biotech startups in Silicon Valley? Not to discount the importance of other things but I'd really love to see we put more resources into improving the human body. Maybe US regulation is the obstacle here?

Re: Startups I Want to Fund

#157

Once upon a time I was working on a network of TOR routers. The idea was that I could go to a coffee shop and filter their wi-fi through my personal TOR router for enhanced security. Taken to the next level, you could link many of these together for a mesh network of sorts. The problem I encountered was explaining the concept to laypeople. This can be an issue in the "capital-heavy" and "sleeper" markets.

What's the difference from how Tor already operates?

Today, I need to connect my device directly to the wi-fi source, then I can use a TOR browser (same goes for VPN). I am still connected directly to a an unsecured wi-fi network.

In my scenario, you would use a mobile router to make the initial connection to the open wi-fi, then connect your personal device to the TOR router.

Open wi-fi -> my device

versus

Open wi-fi -> TOR router -> my device

Re: Startups I Want to Fund

#158
post #122

One thing wonders me - why angel investors bet on the fact they occasionally find the right team for an idea which already exists and proven in their heads? I can understand when you don't really know where to put your money and spend all day deleting emails with weird pitch decks pdfs, but if you _do_ know what's the problem which needs to be solved? Is there a need for "outsourcing founders team" thing?

If you think about it, it kind of makes sense. OP is in a situation where he haas much more money than time, however due to his position in the world, he can see many opportunities--generally this is true for professional investors, too. For a normal person, pursuing one means there is an opportunity cost, but for an investor it makes sense to buy a slice of the action in an opportunity they believe in. Being a proper investor (mentoring, introductions) also takes time, so that's another disincentive from OP's perspective to being a founder vs a funder.

Also, investors have things thing about inventing the future by funding it. Generally, individually or as a group, they'll decide something is going to be the next big thing and start cultivating deals in that area. One you can see happening in real time is space: Randomly in the last couple of years, investors have put together huge funds around space ventures, even though serious commercialization still seems to be a ways off. Even OP referenced it in his blog post.

As for why a founder vs a compensated product owner? Because a founder presumably has spent a lot of time thinking about the problem and is intrinsically motivated to solve it--so much so that they've done all the legwork to assemble a team and gather enough data to be investment-worthy. If as an investor you're wrong about the opportunity in this space, it's a whole lot of risk and cost and time you don't have to take on yourself. By advertising a pot of money, instead of searching for the right person, the hope is that the right person and team will eventually come to your door.

Re: Startups I Want to Fund

#160
post #154

>it’s a chance to be a part of the solution to some of the world’s biggest problems. This statement is completely out of touch with reality.

What do you mean? How is being apart of (creating) a solution to a problem the world faces is out of touch with reality?

because the world faces problems with package managers, app runtimes, social calendars?

Real world problems are humanitarian crises, economic development, and political reform. How can you say "world’s biggest problems", yet exclude all the actual important problems?

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