Discover more from Startup Riders
👀 Crypto Market Outlook: keep this on your radar.
⚡Weekly Hack: Problems > Ideas
💵 Recent Deals in Spain: Wallapop, Bipi, Hannun etc.
💭 Thinking or Reading: Storyteller holy grail and caffeine.
👀 Crypto Market Outlook
Interesting Crypto Oulook for 2021 by FS Insight.
🌱 Lots of room to grow
📈 Transaction volumes are growing
🌐 Adoption: Similar path to internet adoption in the 1990´s
💡Does this mean crypto networks could offer the next wave of technological innovation through decentralised protocol alternatives? We shall see!
⚡Weekly Hack: Startup Ideas
Interesting quick read on how to come up with startup ideas.
Here’s a the process you could try (similar to the article above with a spin):
Open up a shared Google Sheet
Add your 1 or 2 friends that you could see yourself working in the trenches with and that complement your skills
If you don’t know these people, don’t worry - find them on Reddit after you come up with a great problem you’d like to work on (more on this in a future edition)
Add the following columns - I like to add a 4 additional scoring columns to rate 1. How much you’d like to work on that problem 2. How qualified / information advantage do I have for this problem 3. How crowded the space is 4. How big could this get. You should play around with these fields.
Schedule a bi-weekly 30 minute call with your “co-founders” to narrow down the options and / or get started with homework to test / validate hypothesis.
💵 Recent Deals in Spain
You love startups and want to enjoy a Spanish lifestyle? Come join the Spanish startup ecosystem. Here’s a list of recently funded startups:
Wallapop (marketplace) raised €157M
Bipi (car subscription) raised €6M
Hannun (eCommerce) raised €3M
Card Dynamics (Fintech) raised €2.5m
💭 Thinking or Reading
Guy Ritchie - who directed Sherlock Holmes and is a Brazilian Jiu Jitsu black belt - talks about the essence of all stories.
Find your point of diminishing returns and stick to it, especially if you are smart enough to consider caffeine’s half-life and its implications for your sleep.
🧠 Quote I’m pondering
Money is the greatest social network of all.