I help students build their startups by testing hypotheses I Program Director @Elevate Accelerator
𝗧𝗮𝗿𝗽𝗶𝘁 𝗶𝗱𝗲𝗮𝘀, have you heard of that? Y Combinator made a video about it. Here's the essence.👇 💡 These are ideas that look very interesting and attractive. A lot of people have had the same problem, and many have tried to solve it. But when they start working on it, it never works out. Basically: → 𝗜𝘁’𝘀 𝗯𝗲𝗲𝗻 𝗱𝗼𝗻𝗲 𝗮 𝗹𝗼𝘁 → 𝗠𝗮𝗻𝘆 𝗽𝗲𝗼𝗽𝗹𝗲 𝗵𝗮𝘃𝗲 𝗳𝗮𝗶𝗹𝗲𝗱 → 𝗔𝗻𝗱 𝗻𝗼𝘁𝗵𝗶𝗻𝗴 𝗵𝗮𝘀 𝗰𝗵𝗮𝗻𝗴𝗲𝗱 In the accelerators and VCs that screen many startups, there are trends of different founders applying with the same idea over and over. Some of them come from a place of believing that they could be rich fast, or could be because they have the “knowledge”, etc. Still, there is a difference between common ideas and tarpit ideas. For example: AI co-pilots - still not tarpit. → Not enough people have tried it yet → Not enough people have failed → And we don’t know what it's going to look like Don't get it wrong, tarpit ideas usually are coming from a great place → Changing the way we live our lives → The belief that the world should work differently, the way you want it to work. And usually they sound great and receive a lot of positive feedback from friends because all of us have had that problem. 𝗕𝘂𝘁 𝗶𝗳 𝗶𝘁'𝘀 𝘁𝗼𝗼 𝗴𝗼𝗼𝗱 𝘁𝗼 𝗯𝗲 𝘁𝗿𝘂𝗲, 𝗺𝗼𝘀𝘁 𝗽𝗿𝗼𝗯𝗮𝗯𝗹𝘆 𝗶𝘀... 🗯 To those reading this post, have you had or seen such tarpit ideas? I personally feel that many of them have come to my mind, but I haven’t pursued them.
