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Something I explained to 12 yo: The biggest startups are always where two basic forces meet. E.g. Facebook = social relationships + internet. But these ideas are rarely found by looking for such intersections. They start as side projects you only later realize have this quality.
One exception is Amazon, which Bezos started after he realized the internet would be a powerful force and asked what he could intersect it with.
YC is at the intersection of venture funding and mass production. We realized this a few weeks after starting it, but it was not our original motivation. Originally we just wanted to make it easier to start startups.
One of the first things I do in office hours with a startup is try to figure out what basic forces the startup is or could be at the intersection of. It's a useful thing to know, as well as a good first approximation of potential.
Founders who haven't consciously thought about their company in these terms are often surprised and delighted to hear they're doing something more important than they realized, and leave feeling full of ambition. But this is not mere pep talk. It's the truth.
Thats why so many dislike Amazon. It is successful without having the "romantic" founder story to it. Love it!
I think majority of successful startup in last decade have been a conjuction of either internet or technology with spread coverage to major part of population. Any stories you think which don't have technology or internet as their foundation base ?
Steve Jobs once said: “It’s in Apple’s DNA that technology alone is not enough — it’s technology married with liberal arts, married with the humanities, that yields us the results that make our heart sing.”
And arguably Elon Musk identifying battery technology (Tesla) and Job identifying the small size touchscreen (iPhone).
There are others less known examples like DoubleClick, those guys started with the same question
Amazon is literally "everything internet" like "let's literally try everything and find out" It is as the whole dot com bubble become only one company and did not pop, they did just wait until the projects could be successful.
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