start ups (2)

Admin

Is Your Start Up Idea Already Taken?

There’s an ongoing joke in the startup world about how aspiring founders pitch their new ventures. Every startup idea is reduced to an “Uber for _____” or a “Tinder for _______”, where some niche untapped market is inserted in the blank space.

Much to the chagrin of many venture capitalists, this formulaic phraseology is so pervasive that it actually may hinder the creation of any actual original ideas. That’s because entrepreneurs are expected to be able to communicate their brilliant startup idea in just a few words, and it’s easier to go this route than to try and explain something complex and unique.

That said, if you do want to venture down this path, there are a few semi-successful companies on the following list. You may have even heard of some of them, such as Dollar Beard Club, TaskRabbit, or The League.

There’s also a few available slots, if you don’t mind running with an idea like the “Tinder for Boats” or the “Airbnb for Pizza”.

is-your-startup-idea-taken.png
Courtesy of: Visual Capitalist

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Admin

Weekend Reading

In addition to charts I uploaded (which there are many more but I'm short on time, it being a holiday) here are a few of my weekend email reads I found interesting. Enjoy - and Happy Easter.

  1. Variant sees commercial and industrial lending to continue to fall.  No, not a good thing.
  2. The top 20 reasons start ups fail.  Visual Capitalist
  3. Think renewables will gain usage over coal and crude oil?  You may be surprised.  McKinsey
  4. Domo origato mr roboto Visual Capitalist
  5. Here we go again as banks ramp up and push home equity loans (because we didn't learn the last time).  WSJ
  6. Brookings says technology actually has not made up more productive (say what?)
  7. The richest and poorest countries in the world. Visual Capitalist

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