Idea Evaluation (YC)

How to evaluate Startup Ideas

• 2:50 - How can I predict if an investor will like my idea?

• 5:15 - A startup idea is a hypothesis

• 6:55 - The problem

• 10:55 - The solution

• 12:35 - The insight

• 14:00 - Founder's unfair advantage

• 15:00 - Market growing 20% a year

• 15:40 - Product 10x better

• 16:30 - Acquisition model

• 17:55 - Monopoly

• 18:50 - Threshold belief

• 19:10 - Miracle belief

Idea quality scoring

Idea quality scoring criterias (1-10):

• How big it seems

• Founder/market fit

• How easy to get started

• Early market feedback from customers

= Total average is the quality score of the idea

https://www.youtube.com/watch?v=8pNxKX1SUGE&t=1006s

Avoid These Tempting Startup Ideas

• 00:16 - Advice on pivoting - Tarpit ideas

• 00:38 - Tarpit definition

• 03:49 - Most tarpit - Consumer ideas

• 04:56 - Why do founders choose consumer ideas so much

• 06:37 - Why is it hard doing consumer stuff

• 07:21 - What's the bar for a startup

• 07:43 - Google

• 09:53 - Facebook

• 11:19 - Timing - Web 2

• 13:38 - Smartphone

• 14:21 - What is a tarpit idea?

• 15:45 - App to discover new things

• 16:34 - Why they don't work

• 19:37 - Recent target ideas

• 20:27 - Web3 - Rebuilding the world

• 21:38 - Theory of supply and demand

• 23:29 - Demand side

• 26:13 - Best pivots

• 27:49 - Closing thoughts