It seems like around 20% of the biggest companies come from pivots, both across B2B and B2C. One in five! Some of the best examples I'm aware of in B2B: @Segment
: Applied to YC with a university classroom lecture tool, then spent about 15 months pivoting and building various
@lennysan
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Twenty Percent of Biggest Companies Emerge from Strategic Pivots
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Moving Fast Prevents Burnout Through Visible Progress
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The core message which I thought was interesting is that people end up burning out less when you move fast, because you feel like you're actually accomplishing things, and making forward progress. Totally resonates with my experience.
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Threado AI Bot Transforms Community Slack Conversations
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Threado is my favorite community tooling product out there, by far. It quickly become central to our newsletter Slack community, and they just launched an AI bot that is trained on all of your past Slack conversations. We're piloting it in a few channels, and it's VERY good. https://t.co/YIm8G0zOVo
— Lenny Rachitsky (@lennysan) 9 août 2023Threado is my favorite community tooling product out there, by far. It quickly become central to our newsletter Slack community, and they just launched an AI bot that is trained on all of your past Slack conversations. We're piloting it in a few channels, and it's VERY good.
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Evaluating Problem Importance and Market Opportunity Delta
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How important to potential customers is the problem you’re exploring, on a scale of 1 to 10? How underserved is the current market, on a scale of 1 to 10? And where would your solution rank? Look for a delta 4+. For more, don't miss my full post
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How Zip Founders Found $1B Market in Procurement
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The founders of @theziphq went through a variety of ideas looking for a big and underserved market they were excited about (talking to 75+ potential customers!), and eventually focused on procurement (note: their company is currently valued at over $1B):
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Emerging Trends, Transformative Tech, Customer Validation Strategy
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Questions to reflect on: What’s a trend that’s emerging but underserved (e.g. security, collaboration)? What’s a transformative technology that’s emerging that’s underutilized (e.g. data scalability)? How many potential customers have you spoken with about your idea?
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Validate Your Tech Ideas Early With Potential Users
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Key: Start with a space you're excited about—that's big and underserved—and ideate. But, as soon as you have a concept you're excited about, quickly talk to potential users. @zoink narrowed his focus to two areas he saw potential in (drones and WebGL) and then started digging:
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Code-Driven Validation: Connecting Ideas to Real User Needs
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What I realized was all our ideas sounded great, but they were not connected to a user pain. For us, writing code, even though it’s not the most efficient use of time, helped us explore ideas best. It forced us to talk to people and build a mental model of the real world.”
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Notion founders pivoted no-code builder into focused product
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@ivanhzhao and @akothari at @NotionHQ started with the general idea of a no-code app builder and eventually (four years later!) noticed pull for a specific set of features—and leaned fully into that.
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Finding Product Market Fit Through Customer Pain Points
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Eventually, she zeroed in on two spaces that felt ripe for opportunity, that she was excited about (security and collaboration), and kept talking to customers to find the biggest source of *pain* and *pull*: