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A comment on Ask HN: We have a great team and capital but can't find a good idea. Parent comment

Re:Ask HN: We have a great team and capital but can't find a... by sixQuarks on Monday October 30, 2017 @05:54PM (#15589273)
Being afraid of a crowded market is one of those counter-intuitive mistakes most people make. It's much easier to find a niche within a crowded market than to try to build something within a small market.

I entered a huge market as a solo founder with no industry experience and now get about 1% of the traffic that the big players with thousands of employees get, and I make a very decent income from it.

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Re:Ask HN: We have a great team and capital but can't find a... by incendiary on Monday October 30, 2017 @06:39PM (#15589612)
Care to add a bit more detail about what market? I am curious
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Re:Ask HN: We have a great team and capital but can't find a... by sixQuarks on Monday October 30, 2017 @08:43PM (#15590294)
All I'll say is it's a huge consumer market, tons of competition, tons of consumers. When I told friends what market I was going into, their most common response was "but there's already huge players in that market, how can you compete?"
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Re:Ask HN: We have a great team and capital but can't find a... by ggg9990 on Monday October 30, 2017 @08:23PM (#15590203)
Why would he say? Zero chance of more customers and nonzero chance of more competitors.
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Re:Ask HN: We have a great team and capital but can't find a... by ernsheong on Tuesday October 31, 2017 @03:02AM (#15591518)
Task/project management is one of them I suppose
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Re:Ask HN: We have a great team and capital but can't find a... by samstave on Monday October 30, 2017 @07:53PM (#15590052)
+1
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Re:Ask HN: We have a great team and capital but can't find a... by DanielLawhon on Monday October 30, 2017 @07:20PM (#15589869)
This is a great point. A crowded market means there's lots of space for new entrants and that no one has quite figured out how to win the whole thing. Good opportunity to steal and borrow from the best currently in the market and try to consolidate.
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