Re:Ask HN: How to tell your friend his idea sucks
by bjelkeman-again on Sunday May 18, 2014 @02:09AM
(#7762332)
For a start, you know it is very unlikely there will be enough traction after a few years to make a quick buck. Secondly, not being passionate about your startup is going to be fairly transparent, and that is a major warning sign for any investor. As many has suggested, talk these things through with your friend, a number of good suggestions in here. If that doesn't work, maybe he needs to learn the hard way?
I am an optimist and want to see good in everything. My problem is he's doing a startup he has no real passion for and doing it because he thinks he can make some quick money after 1 or 2 years... The list of motivation to how he's going to find his starting team (as a non-technical founder) to his expectations on how seed round is actually raised as well as not understanding marketing funnel for his business really hurts his chances... let alone the value proposition being no better than a competitor that is well funded and already dominates in seo, sem.