One way to find an idea that will be a massive startup: Find something used by millions of people that everyone hates using. Usually you’ll find a monopoly, rent seeking somehow, often regulatory capture. Find away to end-around that market.
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The balkanized talent and consumer markets is big, but you also have balkanized cultures. For instance, here's a classic Norwegian joke: Q: How do you recognize an extroverted Norwegian? A: He's looking at your shoes rather than his.
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However, if the availability of VC, balkanization of culture, talent, and consumers were the main issues, how do you explain Israel? Israel punches way above its weight class, despite being in the center of a war zone. They are known as brash, aggressive, innovative, and no bs.
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