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0 pointsLouisSayers9y ago0 comments

This is a bit broad, but essentially there are issues that we have in society that end up costing tax payers, and individuals a lot of money, or are simply really inefficient. Education is one such thing, but you could also branch out into other issues such as theft, health care, environmental issues.

You can see that there are certain companies that are helping to tackle these issues in various roundabout ways, but I believe that there is big opportunity here, and it's kind of easy to quantify these issues, which makes it easy to sell solutions.

Sorry if this sounds very broad and generic, but I promise if you sit on this idea, and take just a single societal issue, once you start to dig a bit deeper you'll see opportunities jump out.

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pjc509y ago

> Education [...] health care, environmental issues.

All of those are public goods/tragedy of the commons issues operating in highly political regulated environments. Very difficult for a startup to make a difference there in a way that can make a return.

Theft on the other hand is gradually being diminished by technology: the same omnisurveillance of always-on IoT devices makes it easier to remote-brick them or find their location if they're stolen. The problem shifts to hacking and ransomware.

LouisSayersOP9y ago

The barriers in place are reasons why they're good areas to innovate.

It may be difficult, but that's all part of the game.

Also on theft - not everything is an iPhone, and I don't believe tracking is very prevalent just yet. There's plenty of opportunity here that's currently left untouched. I'm less thinking about petty crime and more about burglaries / theft of high value goods (boats, cars etc).

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