I wasted $40k on a fantastic startup idea

(tjcx.me)

851 points swyx | 1 comments | 18 Jan 21 20:01 UTC | HN request time: 0.27s | source

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coldtea ◴[19 Jan 21 08:40 UTC] No.25831237[source]▶

>Make something people want. It's Y-Combinator's motto and a maxim of aspiring internet entrepreneurs. The idea is that if you build something truly awesome, you'll figure out a way to make some money off of it. So I built something people wanted. Consumers wanted it, doctors wanted it, I wanted it. Where did I go wrong?

I'm not sure he still gets it. He didn't built something people want (even less so want enough to pay for).

He built something he merely thought people should want. In the end, people didn't really want it.

replies(2): >>25831294 #>>25831421 #

breakyerself ◴[19 Jan 21 08:50 UTC] No.25831294[source]▶

>>25831237 #

If it had succeeded and was ad based I'm certain I would have used it occasionally assuming I knew about it.

replies(1): >>25831436 #

1. username90 ◴[19 Jan 21 09:13 UTC] No.25831436[source]▶

>>25831294 #

Some would like it, however the problem is that you wouldn't use it enough for it to be worth it to him to build it. Quote:

> Turns out the world's biggest health website makes about $0.50/year per user. That is...not enough money to bootstrap GlacierMD.

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