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Hi there,
There are certain startup ideas that are always fashionable and enticing for entrepreneurs but never seem to work — what we can call BBS ideas (bad but s3xy).
Here are a few recurring BBS ideas I can think of.
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Personal CRM — A way to keep in touch with everyone in your personal life. A very select group of tech people really like and maybe would use this, but this isn’t a widespread problem.
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Curated news recommendations — Again, this seems to be a problem for a limited few. Most of the world seems plenty happy with the drivel on the Yahoo homepage, CNN, and HuffPo.
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Personal trainer marketplaces — Popular but never get that big cuz this actually requires commitment. Plus once you find a good trainer, you go off platform. It’s also much easier and cheaper to say you’re a member of a gym and just never show up.
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What are my friends up to apps — “OMG, you’re 2 blocks away. I had no idea. Let’s meet up.” Wrong.
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To-do lists — With all the productivity tools we have, we don’t need another to-do list.
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Glassdoor for VCs — A website that rates VCs. Nobody really cares that much. These are infrequent decisions, and for most entrepreneurs, they’ll take money from whomever will give it. And those founders lucky enough to have a choice often already know who is really good. That said, if you have visions of becoming a thousand’aire, this might be a good idea.
Disagree with me? Got any other BBS ideas?
Notes:
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My bar here is whether these ideas could become at least a $100M revenue biz.
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Of course, past performance is no indication of future performance so someone will probably build a decacorn at some point in 1 of these. At that point, please email me to tell me how stupid I am. I’ve heard worse.
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