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We have a funded startup but no product
21–30 of 33 posts
Re: We have a funded startup but no product
#22Re: We have a funded startup but no product
#23Do you intend to pay for access, or just go with whatever crap people send you for free?
Re: We have a funded startup but no product
#24We have several ideas we can't fund at the moment. If you are interested you can contact us at contact@nextwave.ro
Re: We have a funded startup but no product
#25Take the money and run....no just kidding of course. Is it possible to pivot your idea? You must have thought about this I am sure...Your team must be pretty good, otherwise you would n't have an outstanding angel board and I assume you wouldnt be able to keep the money. I agree with the approach of "lifeisstillgood". Can you tell us a bit about your "failed" idea?
It might seem strange at this point but have you considered to apply here?: http://ycombinator.com/noidea.html
Re: We have a funded startup but no product
#26Take the money and run....no just kidding of course. Is it possible to pivot your idea? You must have thought about this I am sure...Your team must be pretty good, otherwise you would n't have an outstanding angel board and I assume you wouldnt be able to keep the money. I agree with the approach of "lifeisstillgood". Can you tell us a bit about your "failed" idea? It might seem strange at this point but have you con…
Yeah, maybe we'll apply for the next YC class.
I wrote about our failed idea in another comment
Re: We have a funded startup but no product
#27Coming up with an idea is hard. There are no shortcuts. Your original idea was not great. Clearly your board and your investors believe in you. Likely in their heart of hearts, they probably expected the FIRST idea to fail. Now is exactly when they expect their ROI. So, do what YOU think is right. Get out of your comfort zone if you have to (maybe you already are). Search, brainstorm, seek. You have investors because…
We haven't found a niche that may be suited better. We'll likely pivot to something else.
Re: We have a funded startup but no product
#28Earlier quoted context omitted.
We wanted to make spontaneous meetups happen. However, our real world is not made for spontaneous meetups. You have to spam about 70 people to find some people to meet spontaneously. And if you only have 10 friends near you, chances are not good that a spontaneous meetup will happen.
Few rhetorical questions: * I'm pretty sure everyone agrees that customer-driven development is key, so who were you building this for and why were they interested? * What are they doing to solve their problem at the moment and how is your solution better? * What evidence did you have that this was a good idea? * What evidence do you have now that this is a bad idea? * Why does it have to be friends - can you facilit…
Very good points.
So far we haven't found something promising in the meetup space. We'll probably pivot somewhere else.
Re: We have a funded startup but no product
#29Does your idea compete with this one? http://www.howaboutwe.com/
Re: We have a funded startup but no product
#30Go to a local coffe shop, listen to other people's conversation about what they are working on. Build that, faster.