5 ms·
Incidentally, the most important question (at least to me) has become: Why did you pick this idea to work on? Do you have domain expertise in this area?
by pg 13y ago
Incidentally, the most important question (at least to me) has become:
Why did you pick this idea to work on? Do you have
domain expertise in this area? How do you know
people need what you're making?
and that one shouldn't take long to answer, at least if you're on the right track.
- davidtyleryork 13y agoI smiled when I saw this question. It's a question that heavily favors people starting a company in a field they work in and whose problems they're already intimately familiar with. While this might seem unfair to some, it's probably an extremely good indicator for investment quality.
- pg 13y agoYou don't have to work in a field to be familiar with its problems. You can also be a user. But one way or another, you should understand the problems well.
- swatkat7 13y agoI would agree with you on this one. I've never worked with news publishers before but we wanted to explore how the need for distribution affected news quality and what all we could do to extrapolate from there. Ended up spending a lot of time with a fairly large newspaper and iterating on ideas to finally arrive at personalisation as a solution. We got away with a product we could evolve, revenue and lots of insider information about how the publishing industry works. And, everyone knows everyone else, so they referred us to a ton of others too! :D
- ateevchopra 13y agoBut magic happens if you are the user as well as have some expertise in that area. Or at least someone on team with similar expertise. Linux was a baby similar chemical reaction only.
- flipside 13y agoI'm glad this is an important question but I always struggle with it. 1. I'm doing my startup for too many reasons to list. 2. Having multidisciplinary domain expertise doesn't allow for a concise answer. 3. At least the last part is easier since people that I've only met once keep checking in to ask when we'll launch.
- mikeg8 13y ago1. Well what is the MOST important one of the reasons? 2. You should only list domain expertise that's relevant to your idea and that should be able to be explained fairly concisely. 3. Good job.
- joshguthrie 13y agoThat one is easy and can easily be summed by quoting the wisdom of our savior Snoop "Doggy" Dog: I'm in it to win it and No Limit is my home. (I secretly hope that RapGenius applied to YC with this. Woul've been the best application ever.)
- nonchalance 13y agohe's now known as snoopzilla
- PabloOsinaga 13y agoI wonder if other people got confused with this question as well. I understood it wrong initially - I thought the question was asking "how do you know this will be huge?" (as in "How do you tell whether there's a path out of an idea? How do you tell whether something is the germ of a giant company, or just a niche product? Often you can't" ) Then I realized that's not the question at all, it's just "how do you know people need what you are making?" Literally. I.e., the specific / niche-y thing that you are making first.