Founders

A question to the founders, how do you know a given problem is severe enough that a decent chunk of users will pay for to have it solved?

tinkering @Othentic | ex-President @BlocSocIITR | prev intern @eigenlayer

not a founder but here’s what i think

it depends upon demography & type if problem

for B2B if you solve even a simple problem, high chances you will be paid

for B2C, especially for budget-conscious nations like India even if you solve tough problems, there’s very lil chance to monetise initially 

only if you monopolise the market, and solve it for a larger chunk you can make money at economies of scale

lemme k if this makes sense

yes this is true. Makes me wonder how do you know how big your market is in B2B. 

A simple problem might get paid for by small companies but mid tier to large businesses often have many internal tools. Or at least that’s what they prefer.