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by efitz
975 days ago
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Maybe I didn’t express myself well. To Jack Dorsey, making it easy for street vendors to take payments was a worthy problem. He didn’t go scouring all over doing “ideation”; he saw a problem, was passionate about it, and founded Square to solve it. I’m not saying that I or anyone else but Jack should have a say in whether the problem was “worthy”. |
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However, on the margin, you should choose to solve the biggest problems for the most number of people. If you succeed in doing that you may be able to build a venture scale company (and arguably you should). Furthermore, it's hard to build a company either way, so you might as well try to solve the most ambitious problems you can.
On the Square point - I don't know Jack Dorsey but I would find it hard to believe that he chose the "street vendor" problem as it was the first thing worthy problem he saw after Twitter. Furthermore just the problem statement is not enough, making X easier is not an idea. *Ideation is was happens after you've noticed that initial problem.* A nuance that seems to be lost when people talk about startup ideas.