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I'm all for sharing ideas, and I'm happy that these ideas have been working for this company. However, I do wish people in the start-up community would stop pre
by Chris_Newton 16y ago
I'm all for sharing ideas, and I'm happy that these ideas have been working for this company. However, I do wish people in the start-up community would stop presuming that there are two ways, theirs and the wrong one. Reading too many articles like this, one might conclude that the only viable business model is:
1. Identify mildly useful/interesting idea.
2. Produce cheap implementation.
3. Sell to the general public for peanuts.
4. Refine to maximise number of people and size of peanuts.
Given that the culture around HN seems to be heavily biased towards businesses that do follow this model, I think it would be interesting to hear from investors and/or successful founders about other ideas as well. Does this model dominate HN simply because of the emphasis on angel investing, which maybe doesn't fit as well with other models?
Do investors like YC also fund businesses producing products/services for niche markets rather than the general public? What about products/services where getting to launch fundamentally requires some serious R&D that is going to take time and money, and you can't just produce a MVP in a few weeks and iterate, but where the prices you can charge customers/users are much higher? Maybe this happens, but we don't tend to hear about them so often because there are not so many and/or the people doing them happen not to be the ones who participate here or post their progress on a company site/blog?
If so, what extent do the sorts of ideas in the linked article generalise, and what sorts of processes have proved most useful/important in successful businesses with more specialised/long-term/high-value products and services?