Startups & Ventures

Idea: Remember yourself An app that randomly sends you a notification every week to take a photo within 60 seconds. The app compiles your photos into a collage.

Recent links and resources you may find useful: - Do you even need social media posts and ads to boost sales? - Cleared $1.5 MM in revenue so far; 10x what we did last year - Best business books to read? - How are most self-made millionaires under 25 made? - I’m 18 years old and have 4,600 in cash, what would be the smartest thing to do with this? - Built A Successful Skincare Brand And Left To Start A $4,5K/Month Copywriting Agency - New type of Restaurant Idea - State of small businesses in 2022 - how is yours doing? - $950 dollars in recurring monthly profits created from 100 hours of cold calling - Anybody have tips on getting your first customers for a software? - The painkiller/vitamin analogy, myth or fact?

Idea: Live portraits A tool that takes a collection of photos and makes videos with the people moving, looking, smiling there. As a reference, recall Hogwarts' portraits. There are such tools, but they lack better quality and don't allow uploading a collection of photos to make a video or many videos at once.

Idea: A collection of tools for Shopify(replace with any other thing) A website that collects useful tools for Shopify or any other popular (or not yet) platform. Help the community discover a place where they can find the right tools or articles and ask questions. Why? There is always a ton of information everywhere, and gathering it all together is time-consuming. So, why not become a trustful resource that people could begin at? Monetization: ads or sponsorships.

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Idea: Niche website templates collection A website that collects various templates to design a website. Yet they're all niche-categorized. There are many collections like this. The difference is in a narrowing these designs categories down. For example, <any framework> templates, Wordpress themes, or even Wordpress themes for personal blog about developing an online agency. People need more customized designs.

Idea: a community engine A website engine/template that allow businesses/persons/communities to create a place for their community: useful resources, articles, a place for the discussion, and other related features. If I were to start a community, I would ponder for a while what technology I should use to create a website, a messaging channel, a newsletter maybe? So why not having a template for all of that? For example, this solution would provide a ready-made website for the community's searchability in search engines, a Discord/Slack/Telegram/etc. platform template for discussions, a service to run newsletters, and other features that this community may have. Currently, there are many things to consider when running a community: a technology for a website, a lot of resources to read on how to run the comm. in Discord/etc., how to take payments, etc.

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Idea: Instant clinic A place where a person may find all the available doctors in the city sorted by time, ratings, location, clinic, etc. There are such approx. similar websites. But I'm not sure they're the place where I can find a doctor in 2km near me to make an appointment in 2 hours. Ideally, it's a single place of "truth" for information regarding doctors and clinics in the city. So the clinics are interested to be added to the platform, to provide up-to-date information. The platform may charge a fee(for a clinic) for every appointment. Or, charge a fixed sum of money to be listed on the website.

Some links you might find useful this ~week: - Costs to develop and maintain apps like Uber, etc. (my note: the main costs are for the scalability. I.e., handling 5 users when you're SaaS is free, but handling 100k in real time is a different kind of pricing. Another thing is supporting the software - so, wages for the devs) - Billions being spent in metaverse land grab (my note: think about VR-related ideas. The technology becomes better every year. We can even move some parts of our life there: think of virtual desktop setup, advanced gaming experience, software like house design, etc.) - 11 places where you can find a startup mentor - Reddit is an amazing place to find early users for free (my note: true) - A guy who created a landing page generator sold it for $800k, here's the interview (my note: I monitored his growth for a while, the product is great) - $0 - $20K in 2 months, here's tactics that worked - AMA: I Built 6 Startups in 6 Months, Sold One, Tripled My Revenue Goal - Books every solopreneur should read

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Idea: Music Submission Platform "While in DC, I kicked off a music blog called Indie Shuffle (as a hobby). I quickly became hooked on the "game" of generating more visits, and in the process started to teach myself the fundamentals of front-end development. By the time 2013 rolled around, the blog had become a full-fledged online publishing company, and I was ready to make it my main focus. One of the biggest frustrations of running my music blog was that by the time I took it full-time, I was receiving upwards of 300 email pitches a day from artists, record labels, and publicists, all looking to have their music featured on Indie Shuffle. After a while I simply started ignoring them, though I knew in the back of my head that there had to be a better way. Then, toward the end of last year, I decided that a good way to learn some new coding languages would be to try and solve this problem by developing a website to streamline the process. And thus, SubmitHub was born. The idea was simple: interested parties could send their songs (SoundCloud or YouTube) to Indie Shuffle on SubmitHub. We would then receive the submissions in a consistent feed from which we could either give it a "thumbs up" or "thumbs down" — the former meant that we were planning to blog it; the latter meant that we weren't interested. In the back of my head, I figured it might be possible to one day charge a small fee in exchange for a few words about why we weren't interested. (e.g. "You can't sing in tune.") At the time, my main focus was on solving my own problem. I hadn't given much consideration to the thousands of other music blogs who might want to use it. I suppose in that sense I was lucky: I was already "part of the problem" and therefore had a good understanding of what was needed to "solve" it."

Idea: Training together Training programs (runners, cyclists, etc.) for couples with different levels but who want to train together. It should provide data synchronization across different devices - watches, desktops, smartphones. Why: such apps could encourage couples to train together. Or with friends. To transform training into a competition.

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Idea: Generating avatars with your face Now with DALL-E and Stable Diffusion technologies, we can generate any images by saying what we want. But also we can train our own models with our faces to generate any images with us. Imagine I want to pretend to be a photo editor professional, a meme maker, or I want to put cool photos with me on Instagram. But! I need to spend a lot of time to set up the things and I also need a powerful computer to do the generation. Why don't we create an online service that allow everybody to generate images with them for a fair price? I bet people started creating such services maybe a week ago and they continue doing so. Only a few will see the market, as usual. A video reference

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What Business Model (BM) Should You Choose For A Startup? 🤑 First off, I wanna start with different business models and then explain why some of them might perform worse than others. Obviously, while coming up with your startup idea (there is gonna be a separate post about it) you shouldn't be guided only by what kind of BM to choose. However, there are certain patterns that had developed over the years which you should be aware of IMO. So, according to YC's slides, almost every billion-dollar company can fit into one of these 9 BMs: 1. Saas - cloud-based subscription software 2. Transactional - facilitate transactions and take a cut (certain percentage) 3. Marketplaces - facilitate transactions between buyers and sellers 4. Hard-tech - lots of technical risk and long time horizons 5. Usage-based - pay-as-you-go based on consumption 6. Enterprise - sell large contracts to huge companies (5k+ employees) 7. Advertising - sell ads to monetize free users 8. E-commerce - sell products online 9. Bio - science-based tech companies It is a good sign if your startup's BM is one of these not only because YC says so, but also since there are a lot more companies to use as an example, a lot more materials and content available for helping these businesses grow (they are eventually the most profitable as the history shows). Take a look at the picture (in the presentation, 10th slide) - SaaS, 31% (Slack, Zoom), Transactional, 22% (Stripe), and Marketplace, 14% (Airbnb, Opensea) companies are the most popular AND profitable within YC. Why is that? Let's try to find that out. A huge advantage and premise to the growth of all of the aforementioned BMs are that after a certain point they can hyperscale almost effortlessly. For Saas you "only" have to build a software and sell it properly - they gonna have recurring monthly benefits. Transactional ones are taking a small percentage from gigantic amounts of transactions made through the platform thereby having permanent cash flow. And lastly, for Marketplaces (the toughest one to be honest) it is hard to get the critical mass of users. But once they do it - the snowball effect kicks in and user acquisition costs decrease drastically. Choose wisely 😉 #YCombinatorAgain

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