I’m fascinated by how founders generate business ideas.
I think I’ll start hosting a regular conversation where I dive deep with 1-2 successful founders on the idea generation process that led to their startup.
Who’s interested?
What would be the best format for the discussions?
Idea would be to keep it short (<30 minutes) and extremely tactical.
How did you come up with the idea?
What daily actions lead to business ideas?
How did you diligence your idea?
Etc.
How I Built This is amazing. I’m a huge fan.
But I’m interested here in the insights that lead to the idea (and vetting of the idea).
So many aspiring builders stop because they aren’t sure how to come up with a “good” idea. I’d hope this would help.
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The Lindy Effect is a useful framework for evaluating the durability and life expectancy of a technology or idea.
Here's a very simple breakdown:
1/ Let's start with a definition.
The Lindy Effect is a theory that the future life expectancy of specific non-perishable items—like a technology or idea—is proportional to their age.
Simply, the longer it has already lasted, the higher the likelihood it will continue to last.
2/ The term "Lindy Effect" is a reference to Lindy’s—a New York deli frequented by comedians in the 1960s.
While author Albert Goldman used the term "Lindy's Law" in a 1964 article, it was mathematician Benoit Mandlebrot who shifted the dialogue towards the current definition.