5 ms·
Ask YC: Will your product fly?
Per http://evhead.com/2007/12/how-to-evaluate-new-product-idea.asp, I'm asking fellow entrepreneurs to rate their product using EW's method.
Mine is called iTenna, mobile document management.
Tractability - Low/Med
Obviousness - Very High
Deepness - High
Wideness - Med
Discoverability - Low
Monetize - High
- tlrobinson 19y agoA better question: will it blend?
- joeguilmette 19y agoafter 10 long minutes: tractability.Med obviousness.Med deepness.High wideness.VeryHigh discoverability.VeryLow monetize.VeryHigh
- cperciva 19y agoTarsnap (online backups for the truly paranoid): Tractability: Medium. Obviousness: High. Deepness: Medium. Wideness: Medium/High. Discoverability: Low. Monetizability: Very high.
- deleted 19y ago[deleted]
- edw519 19y agoI'd prefer to evaluate my product using the method of the other EW (me): if (customers.want) {return success} else {return regroup} ;
- nostrademons 19y agoGameClay, online casual game creation. Tractability: Low Obviousness: Very high Deepness: Medium Wideness: High Discoverability: Very high Monetizability: Low
- icky 19y agoI think you're selling yourself far too short on monetizability. You could have a model where ad-supported games are free to make (i.e. YOUR ads), or where they could be ad-free (or contain their own ads) for paid subscribers... Monetizability: Very High
- webwright 19y agoI think it's interesting to relate this thread to Fred Wilson's "Why Early Stage Venture Investments Fail": "Of the 26 companies that I consider realized or effectively realized in my personal track record, 17 of them made complete transformations or partial transformations of their businesses between the time we invested and the time we sold." With this in mind, I think the most important factor is tractability. Can you build it quickly to test your theory? If your theory is off-base, can you quickly shift? I think Fred is a fairly discerning and successful investor... It's interesting to note that 2/3 of the successful teams that he has invested in have been WRONG about their initial product direction.