I started working on a personal project a couple of weeks ago that might, one day, become something that could be a nice little pension if enough people paid to use it. As I was reading through the article I started to wonder: how could I pitch this to people in just a couple of sentences?
It was an interesting exercise - the best I've managed to come up with is: "My product is a browser-based, collaborative tool for creating canvas animations, infographics and videos. It is NOT an Adobe Animator or After Effects clone, but those programs are an inspiration for the things I want my tool to be able to do."
https://github.com/Ravn-Tech/HyperTag#overview
I guess my ideal tool would be able to recognize the different "contexts" that I'm in, and build a searchable, tagged timeline of my browsing and googling and work history in each of these contexts. Provide the capability to cross-link with notes in an athens/roam-like fashion and it'd be gold
Also, share your idea whenever you can with whoever you can. You'll generate signal over time.
1 - B2B SaaS sold on the low-touch model, like Basecamp
2 - B2B SaaS sold on a high-touch model, like Salesforce
3 - Mobile apps
4 - Ad-supported websites
What happened to B2C website where the C actually pays the B for a service?
It's really difficult to get a high volume of people to pay small amounts of money in a sustainable manner.
campalert.live
We watch for campsite cancellations and email/text you when they become available.
Only minor addition I’d make is in the section on Fermi estimation of market size is to end that with a warning something like “but resist the temptation to say ‘and even if we only get 1% of that huge market, we’ll still be a success!’” You might be permanently viable and profitable (success for you perhaps), but getting 1% is harder than you think and is not a success case for a VC. But it’s super-tempting and common thought pattern. What you’re pitching and thinking of as an exciting modest success is another failure that the VC has to wind down and exit from.
You might be OK with that outcome, but portray that you’re single-mindedly going after 70+% of that market. If the investor wants to calculate what 1% of it is on their own, they can in their head; you don’t need to connect those dots for them and put the fallback/safety case in their mind. (It’s not entirely omitted, but I’d make it explicit as I’ve gone down this road myself.)
See also: https://startupclass.samaltman.com/lists/readings/
2. You have to have made a successful project already
3. If none of the above, try to demonstrate that you're really smart anyway
Half kidding, the post is by @patio11 btw.
