Frighteningly Unambitious Startup Ideas
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Re: Frighteningly Unambitious Startup Ideas
#22Re: Frighteningly Unambitious Startup Ideas
#23The reason why I bring the medical example up is because there is a team here that has a frighteningly ambitious start up (not idea yet). Medigram is a stacked team that is going after the medical industry in a way that no one else wants to. Starting with a messaging app that complies with regulators, they are planting the seed of trust with the medical industry. When they move up to records, they get data. When they get data, they use that math heavy team to solve the ambitious idea of making diagnosis more accurate. Then who knows? A tiny pill that you can swallow that transmits blood test data back to a central server and diagnose your issues instantly? I don't know, but they had to start somewhere.
Re: Frighteningly Unambitious Startup Ideas
#24Disclaimer: I work for a struggling startup in the food/tech realm.
Re: Frighteningly Unambitious Startup Ideas
#25Is there something about the YC model that makes companies that go on to turn modest profits not generate returns for the investor?
A business like Wal-Mart wouldn't satisfy you as an investor? I wouldn't have any problems taking 8% of Wal-Mart. Wal-Mart didn't invent anything new, they just did it a little bit better than their competitors. Techcrunch 1969: "Wal-Mart: Sears for people who like to pay less"
Impressive algorithms don't make money, businesses that satisfy customers do. You're not going to 'change the world' unless your customers are happy.
Re: Frighteningly Unambitious Startup Ideas
#26Paul Graham said don't attack the problem head on. Make a beachhead. Supposedly these seemingly dull ideas are beachheads. That was covered in a previous HN discussion about a similar article questioning YC startup ideas in practice. But something like Dropbox seems to have a hard time scaling out, exploring other ideas, and that's with a founder who wants to build a big company like Apple. Even if you start with a b…
I'm building a company right now that intends to have three major Acts in it's lifetime, the first of which is unimpressive but designed to get us customers and base knowledge for use while executing Act II, which we then intend to apply to additional verticals as part of Act III.
But Act I will likely look like something that two guys could put together in their garage in a year. And that's exactly what it is.
Re: Frighteningly Unambitious Startup Ideas
#27Literally. Airbnb is a frighteningly ambitious company. It is explosively generating value and we don't know how it's going to play out long term. It could end up with us living in caves with dogs watching out for the Terminators.
It is hard for me to take the rest of the article seriously after it suggests that "Airbnbing" auto mechanics is unambitious. It's possible that most Americans have routine car service done at dealerships where they're being routinely fleeced, and that the current crappy system of servicing vehicles is driving talent either out of the businesses or to those giant dealership shops. Have you ever tried to find a reliable mechanic? I drive an old Audi. It's painful.
Re: Frighteningly Unambitious Startup Ideas
#28To better understand how ambitious a startup is, assume that its adoption is 100%. If everyone is using it, does it change lives? If everyone chats on Twitter, does it impact politics? If everyone is on Facebook, do you reconnect with old friends? Etc. Dropbox is in that category too.
With used cars purchases, I can see how everyone would use the site, and still not have any meaningful impact. Cheaper cars. More efficient market. But still, in the end, cheaper cars. Am I missing something?
Re: Frighteningly Unambitious Startup Ideas
#29What once seemed like a niche, unambitious company now is frighteningly ambitious.