] task # 3244 docs { script, slidedeck, bus. prz }
s bus/startups
] example good code
pln-prj/FEATURE-4860 tasks=432
ultimate guide
- application example 1
- http://alexisohanian.com/our-y-combinator-summer-05-application-what-w
] g images qry -
"procedures management system" - some nice diagrams
+ org mode
+ synch paper
] ART how to pick
One of the [most important things I learned] from running a startup is that on a macro scale [the innovation market is efficient]. Wherever the conditions are hospitable, life already exists. The difference is that startups live in an economic rather than a biological environment.
This has [massive implications for picking startup ideas] because [technology companies tend to be winner-takes-all. The first technology company to solve a problem is often worth much more than all of its competitors combined.] [So if a company already exists in a market, it’s overwhelmingly likely you won’t be able to displace it.]
Market efficiency implies that if a problem is valuable and solvable, it’s overwhelmingly likely that it already would have been solved.
OK For inverstors
However, this is a terrible strategy for founders, because the law of large numbers isn’t on their side. A startup founder doesn’t get enough shots to get a good expected value if they simply look for valuable problems. So a winning founder strategy must include a much tighter filter for startup ideas.
Only once you identify an environmental change and make sure you’re not late to market, should you start thinking about your company in terms of solutions to problems.
ID: 5091
NAME: LIST-BALANCE-FORWARD
DESCRIPTION: [2015-04](68)
START DATE TIME: 2015-05-01 07:00:00
EST DURATION: 00:45:00
END DATE TIME: 2015-05-01 07:45:00
STATUS: Completed
PRIORITY: -5
OWNER ID: 75