Product development - Market-fit - Meeting a need - Pain - Defin
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Get flash to fully experience Pearltrees
It’s rare for a new initiative to work the first time, at least when I try something new. I normally include several iterations and small scale trials to work out problems in the recipe.
My cofounders and I started a company in July 2007 very deliberately before we’d decided what product to build.
Now that I get to hear company pitches for a living, I have started looking for patterns that separate great opportunities from the rest. This is a mix of subjective and objective criteria. When I have a 1st pass, I will share it.
we had just finished doing the typical mind-numbing bullshit VC panel on what's trendy / what's hot. (which was of course, incredibly insightful and useful... NOT ) . next, the attendees -- all 300 of them -- were asked to get up and do a quick pitch on the startup idea they wanted to do over the weekend. the concept here was that other people might hear the idea & want to join forces. now, not to say there aren't some flaws with listening to 300 people do a quick pitch in a crowded room with terrible acoustics, but beyond that auditory imposition, there was one other big problem:
There is some problem you are trying to solve.
I wrote this a few weeks ago and have been sitting on it because I didn’t want to piss anyone off any more than I already have recently. Last night, while watching Waiting for Superman with the Facebook crew and guests, I suddenly realized I care less about pissing people off and more about making a difference. So give it a read, and let’s go make a difference, already.