4 ms·

What makes a market unusual?

• Dn_Ab 15y ago
  Based on his single example I suspect any market which requires intimate familiarity with and the ability to minimize what bureaucratic ritual dances must be taken before, after and in-between any action.
• SkyMarshal 15y ago
  Some guesses: * Barriers to entry not commonly seen in the web/mobile space (complex bureaucracy + entrenched players with opposing interests able to grease that bureaucracy, etc.). * Lots of disparate stakeholders that all have to be coordinated and managed (healthcare: govt, taxpayers, patients, doctors/staff, insurance companies. Education: Parents & taxpayers, teachers unions, students, local+state+federal govt.) * The market is not traditionally tech-savy and/or early-adopting. Users have to be actively convinced. Getting traction is even more of an uphill battle. * Anywhere the risks to loss of investment are not transparent or clearly understood. Maybe all markets are like this to an extent, but some moreso than others?
• a5seo 15y ago
  non-economic decision making government regulation
• siavosh 15y ago
  I think yc generally does best with consumer products where the founder could put himself int he place of the user. Industry products (good example is health care) has such a high barrier to understanding that someone who hasn't been in the field would have a very difficult time designing a useful tool.
• puredemo 15y ago
  Government.