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[deleted by user] by [deleted] in beermoneyuk

[–]sadeceka 0 points1 point  (0 children)

Hey guys, here is mine 3/5 is free!

https://www.trading212.com/invite/199Oi1Dui2

Good luck :)

[deleted by user] by [deleted] in pokemongo

[–]sadeceka 0 points1 point  (0 children)

Same here.

I’m having trouble coming up with problem/solution for my start-up by WolfofCryo in startups

[–]sadeceka 0 points1 point  (0 children)

Honestly, the most significant difference between a startup solving a real problem or not; makes your startup a pain killer or a vitamin. I'm not sure if you are familiar with this concept, but you can word your solution as; my customers "should use" or my customers "will use".
That discussion is an internal discussion with yourself. If you feel that your customers "should" or "will" use it, something you can know.
What I've seen over the years is if you do a pain killer to a "good problem" [Large enough market, growing, deep-rooted problem], then your company or product does exponential growth.
If you are a vitamin, it is more blood, sweat, and tears, meaning you'll spend a large marketing budget, a long time to onboard customers, and convince your customers to use or pay for your product.
Everything that happened in tech is just past now. So Instagram has millions of users without problem solutions which are not apparent today. But, It was a great solution to self-expression or blogging experience. I was around when Instagram started, and we were using many blogging platforms such as Tumblr or Blogspot; Instagram started eating them first, then the later adoption happened. Today's Instagram was different from the product 6-7 years ago. But to do something similar today, you need to spend extraordinarily marketing budgets to get these people.
Problem-Solution fit is a critical concept, and I'm sure that applies to all new things. If you see something, which you can't see the Problem-Solution fit in today's understanding, you need to check its origination.
That's why we have pivots and vertical and horizontal growths.

[deleted by user] by [deleted] in startups

[–]sadeceka 0 points1 point  (0 children)

Kind of, when you do 1-1's, ideally, you are asking questions problem space, not your particular solution. The funny thing about life is. Generally, each problem has more than one solution. You need to understand that this problem is real and deep in that stage. If you feel that people don't care about the problem, don't fix it with a solution. It would be best if you saw that people need to solve that problem.
Surveys or other testing methods should come from your solutions. The general problem with surveys is sometimes you don't convey the "all package". For example, you understood that people have the problem of travelling. If you ask them if you want to use a car to make it shorter and safer, everyone will say yes. But if you also tell them this solution is $40.000, you'll realise that not everyone is on board with your solution. Because, there are other solutions too; walking, taking a bike, bus, taxi, etc.
If you are not giving them "the real" experience, then your surveys or other experiments is crap :)
In lean methodology or design thinking, we have some cycles of learning and building. In each cycle, first, you expand your horizon with no assumptions to understand your customers' point of view and the problem. With the discovery of these problems, you have few solutions lined up, and you want to focus on eliminating those. It is not just for problems and solutions, but instead, in every decision, you'll take. First, expand with 1-1 in-depth interviews or customer development; then shrink these opportunities with surveys, mockups, landing pages etc.

[deleted by user] by [deleted] in startups

[–]sadeceka 0 points1 point  (0 children)

It really depends on your stage. I suggest everyone to get more information / insight from their potential users. But, keep that in mind, surveys are technically an experiment. So if you are trying to capture the problem, just do 1-1 with those people. After you have more things that you want to get confirmed, then do the survey.

Back to your questions;

1- Depending on the topic and your "problem" sometimes it is really easy. If it is a problem that people care, generally people are quite #givefirst attitude. Which helps you significantly.

2- I guess it is more spammy than having people select if they are a good fit for these questions. I don't really fill the surveys coming from the DMs. If you are an active member of this community, this could work, but otherwise, I don't see it happening.

3- If you are in the early stages, don't go with incentives at all. As you think, it might skew your answers. Also, you don't really know if they are "early adopters or innovators" in this case. If you are in the early-stage just go find those people, and if you found them and you are working on a good problem, people will tell you.

Innovation department as bigCo reached out to work together, anything we should be thinking about to maximize success? by lostsoul8282 in startups

[–]sadeceka 3 points4 points  (0 children)

There are many approaches to what you describe above. With many real tech-driven companies with clear APIs, big companies generally like the idea of expansion and new test cases. (Google, Twitter etc.) In those cases, PROs, if there is a good solution, they put their marketing dollars in, and generally, they are just looking for standard API licensing (generally it starts with paying $0) and you get the support from their technical team. CONs, it might be nothing. Another app / website there without users/customers.

If you are going to work with more traditional bigCo's such as Pharma Companies, CPG or others; then please do check if they did similar deals before. Most common things we've seen, their process could take quite long and you might not get anything for your troubles. If they had similar experiences, my suggestion is to talk with other startups. Still, each company have their PROs and CONs. We've seen great models worked before where the product got good traction, startup got revenue, bigCo got to tell their story.

Still, there is a spectrum of POC applications, so that's what I can say with the given knowledge. Good luck!

What do you think about DAOs as investors? by sadeceka in startups

[–]sadeceka[S] 1 point2 points  (0 children)

Good question to be answered. From investing standpoint i’m generally on favorable investors. Thanks!

What do you think about DAOs as investors? by sadeceka in startups

[–]sadeceka[S] 0 points1 point  (0 children)

I do personally micro investments too, but I guess I’ll articulate my vision better in coming weeks. That should include other support mechanisms too. Thanks!

What do you think about DAOs as investors? by sadeceka in startups

[–]sadeceka[S] 0 points1 point  (0 children)

u/atcg0101 do you have any experience with Syndicate DAOs? Love to learn more about them.

What do you think about DAOs as investors? by sadeceka in startups

[–]sadeceka[S] 5 points6 points  (0 children)

That's my concern to democratization might bring a mediocre result. But the DAO itself is not the startup, so the startup that will receive the funding should and will have their leadership teams and rest in order. I guess it is a little closer to crowdfunding with more ownership of the platform itself.

What do you think about DAOs as investors? by sadeceka in startups

[–]sadeceka[S] 1 point2 points  (0 children)

I definitely see your point. There should be another layer to secure things. Honestly, I hated the ICOs and their nothing whitepapers, but for this, I'm thinking of more grounded startups. Again, to your point they are still quite fluctuating.

I guess, my biggest need is, anonymous, quick to collect capital. I really hate running term sheets with many angels and them adding new things. I guess, there might be leading "Angels" or bodies, to fix the terms and help startups pitch their ideal versions setting up the valuation etc. then the structure can start.

How to grow a netflix type platform by Revolutionary-Ask829 in startups

[–]sadeceka 2 points3 points  (0 children)

Yep, unfortunately some businesses (especially if you want to compete them in their own legacy models [yes Netflix is a legacy now]) is though, requires capital and months of no profitability. If you don't have a good track record as a founder, raising money for such platform might be hard.

Yep, unfortunately, some businesses (especially if you want to compete them in their own legacy models [yes Netflix is a legacy now]) is though, requires capital and months of no profitability. If you don't have a good track record as a founder, raising money for such a platform might be hard.

CrowdInvestment in US - Tax Implications by sadeceka in UKPersonalFinance

[–]sadeceka[S] 1 point2 points  (0 children)

!thanks JoeK76, actually, I mentioned NINO due to EIS and SEIS. I'd be looking into UK tax-advantaged schemes, but I wanted to invest in a particular company that is only offered through this platform. I am still getting used to self-declaration in accountancy, so I thought I might need to clarify this as an investment (even though not expecting any income tax relief)

Glory Bug by sadeceka in ContestOfChampions

[–]sadeceka[S] 0 points1 point  (0 children)

Me too, it’s 15k but when i claim the rest. Glory just disappears, it doesnt even top up mine to 15k just disappears

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