New ask Hacker News story: Ask HN: How to Do a Startup in 2020?
Ask HN: How to Do a Startup in 2020?
2 by evo_9 | 2 comments on Hacker News.
So I stumbled onto an idea for a 'app' that I think is pretty big. I've run it by a few people that are exceedingly cynical and the response was somewhat shocking (they both loved it). Having many years in this industry I understand that a good, new and original idea is pretty rare so I've naturally gotten pretty excited to develop this thing. However laying in bed last night with this all buzzing around I realized I don't know how to go about it in 2020. I did a number of startups in the early 2000's (non 'made it') and back then your options were basically to bootstrap it yourself or try an incubator. My question is this - in 2020 what's the best, most viable way to develop and bring to market a good/serious idea that you want to make a serious run at? It used to be you'd build a prototype or even the full website/app, etc and along with a pitch-deck you'd try to raise money or give an incubator a shot. A bit more about the idea... it's big enough where I think it would need the backing of something like ycombinator, techcrunch or techstars to really reach it's potential. Reason being, it would compete in an existing space where there are already huge, well funded players (I know this is typically the way things are). To put it into better perspective, it would be something on the level of a linked-in, indeed or maybe tinder, bumble are better examples. To be clear I'm not saying it's either of those niches, just saying it would be similar to those and I'd be dealing with breaking into that kind of established space. Just wondering what the best approach is for 'going for it' in 2020 for your dream-shot, retire and buy an island idea. Thanks!
2 by evo_9 | 2 comments on Hacker News.
So I stumbled onto an idea for a 'app' that I think is pretty big. I've run it by a few people that are exceedingly cynical and the response was somewhat shocking (they both loved it). Having many years in this industry I understand that a good, new and original idea is pretty rare so I've naturally gotten pretty excited to develop this thing. However laying in bed last night with this all buzzing around I realized I don't know how to go about it in 2020. I did a number of startups in the early 2000's (non 'made it') and back then your options were basically to bootstrap it yourself or try an incubator. My question is this - in 2020 what's the best, most viable way to develop and bring to market a good/serious idea that you want to make a serious run at? It used to be you'd build a prototype or even the full website/app, etc and along with a pitch-deck you'd try to raise money or give an incubator a shot. A bit more about the idea... it's big enough where I think it would need the backing of something like ycombinator, techcrunch or techstars to really reach it's potential. Reason being, it would compete in an existing space where there are already huge, well funded players (I know this is typically the way things are). To put it into better perspective, it would be something on the level of a linked-in, indeed or maybe tinder, bumble are better examples. To be clear I'm not saying it's either of those niches, just saying it would be similar to those and I'd be dealing with breaking into that kind of established space. Just wondering what the best approach is for 'going for it' in 2020 for your dream-shot, retire and buy an island idea. Thanks!
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