Thinking of a new startup idea? Dalton Caldwell and Michael Seibel discuss the types of ideas to stay away from—what we commonly refer to as “tarpit ideas.”
Apply to Y Combinator: https://www.ycombinator.com/apply/
Work at a startup: https://www.ycombinator.com/jobs
Chapters (Powered by https://bit.ly/chapterme-yc) –
00:00 – Intro
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
