Earlier quoted context omitted.
Gambling seems like a no go because of legalities in the US, but there's a huge gambling technology sector in the EU and UK where it's legal.
What about APIs/SDKs like Betable? I know it's a UK based company, but does this allow others outside of UK to legally use it (ex. in the US?)
Ask HN: What startups are highly profitible but VCs won't touch?
31–34 of 34 posts
Re: Ask HN: What startups are highly profitible but VCs won't touch?
#32But, PG and YC seem to have already touched that...at least tangentially with Coinbase.
Re: Ask HN: What startups are highly profitible but VCs won't touch?
#33Earlier quoted context omitted.
Awesome answer. Gov't spending / sales cycles are in many ways analogous to Enterprise spending / sales cycles. Very similar risk / gain ratio for startups.
Nope. Similar risk profile, but the numbers are: much riskier, but if you manage it, much more profitable. If you've passed the bar, it works very well against your future competitors. Much more so, compared to enterprise numbers.
Re: Ask HN: What startups are highly profitible but VCs won't touch?
#34Earlier quoted context omitted.
What kind of startup would you consider "bad for the world"?
May be pornography?
Also, there's nothing wrong in pornography by itself, unless you happen to be an extreme religious person.
A bad business for the world would be something like Zynga.