Saturday, December 5, 2015

A VC On the Opportunity In Lists

From A VC:
For as long as the web has been around, there have been entrepreneurs trying to build businesses around lists. And I’m having a tough time thinking of any company that has really nailed it in this category.

For one thing, there are two modes of listmaking; making lists for yourself (task management) and making lists for others (publishing). It would seem that by focusing on the single user case (making lists for yourself) a startup could bootstrap itself into a network (making lists for others). But to my knowledge, no startup has successfully done that. I wonder if nailing the single user case forces a company to build features that are orthogonal to the publishing use case.

It is certainly true that there have been some decent exits in this category. This past summer, Wunderlist was bought by Microsoft. Wunderlist is a great product, but to my mind focused more on the single user case and it never really broke out into a network.

Listmaking is the kind of thing that really lends itself to the internet architecture. There are a relatively small number of people who are obsessed with listmaking. But most people are into consuming lists. So, it would seem that, if you can get the obsessed listmakers on your platform, you can build a publishing network that millions will use without having to create any of the content. That’s a recipe for success....MORE