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
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Original video: https://www.youtube.com/watch?v=GMIawSAygO4
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