Requests for Startups

A place to discover ideas that VCs & angels want to fund

#4 Product of the MonthJanuary 2015
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Discussion

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Jeremie Berrebi@jberrebi · Investor/Entrepreneur, 300+ investments
Good idea but why asking only VCs & angels ? Why not asking anyone on what kind of new products they need?
Pieter Walraven@pieterpaul · Founder & Product @ Pie - pie.co
@jberrebi Agree, could be interesting to have companies/influencers from different industries submit their own requests.
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@jberrebi Great idea and 100% agree. We are starting with asking VCs and angels and will eventually open the platform for everyone to add their own ideas.
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@jberrebi @pieterpaul We love this idea and have seen many large companies create their own Requests for Startups - it's inspiring to see. Thanks again for the feedback guys!
Bryce Adams@bryceadams · Founder of Metorik
@jberrebi asking VCs / angels to start is a good idea as at least it proves the ideas have some validation to begin with.
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@bryceadams Thanks for the feedback. That was our thinking too!
Andy Sparks@sparkszilla · Working on a new thing 😱
@jberrebi It could be cool to know WHICH investors requested certain ideas so you know who to pitch when you're ready
Derek Shanahan@dshan · GM @ SuperRewards
@jberrebi @sparkszilla per sample email i think that's already implemented
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@sparkszilla awesome idea Andy!
Ryan Hoover@rrhoover · Founder, Product Hunt
I was just reading Homebrew's RFS last night (cc @hunterwalk @satyap). I'm a bit fond of email-first projects. :) If this get traction, what are your next steps, @jmj?
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
Requests for Startups (RFS) is a project created by @isaac_madan, @shauryasaluja, and myself. We are building a community where venture capitalists and angels can inspire entrepreneurs to think about ideas. The concept was inspired by YCombinator, who created a Requests for Startups site in September: https://www.ycombinator.com/rfs/ “There are a lot of startup ideas we’ve been waiting for people to apply with, sometimes for years. In an effort to be more direct, we’re introducing the RFS (Requests for Startups).” - YCombinator YC’s Request for Startups was a defining moment in the relationship between venture capitalists and entrepreneurs. Rather than waiting for pitches, YC made the decision to be proactive process by telling entrepreneurs about ideas that they would be excited to fund. Yesterday, Andreessen Horowitz followed YC’s lead by releasing their own Request for Startups - and it was a fascinating list: http://a16z.com/2015/01/22/16-th... We believe that every venture firm, angel investor, and incubator should create a similar list, which is why we built Request for Startups. We are creating a place where investors can post a Request for Startups and tell entrepreneurs about concepts and verticals that they would fund. RFS will help existing startups find the right investors for their ideas, and will also help entrepreneurs discover their next big idea. Likewise, it'll help investors manage opportunistic inbound and proprietary dealflow. We are starting with a curated newsletter that features Request for Startups from some of the brightest investors in the world - and we have plans to create something much bigger very soon!
Kartik Parija@kartikparija · Cofounder @AdoriLabs, Reimagining Audio
@isaac_madan @shauryasaluja @jmj This is absolutely fantastic. Having been on 'both sides of the table' (h/t @msuster), I totally believe the world is a better place with both 'push' (PH/Angellist) and 'pull' (RFS) Subscribed! Good luck and cheers.
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@isaac_madan @shauryasaluja @msuster @kartikparija Thanks for the support Kartik! We are excited to have you on the list and hope you enjoy the content. Have a great weekend!
Andrew Kennedy@bootstrapnyc · Web developer, bootstrapping a startup
@isaac_madan @shauryasaluja @jmj I am late to this but got to say that it's a great idea. I really love this idea.
Bo Fishback@bowman · CEO, Zaarly
Jeffrey. 1. Love you. 2. Can we hook this up to a VC On Demand App? Ya know, an Uber for VCs. When you want to have them just come over right now and give you the money for an idea they've said they like. 3. Also, we can build the entrepreneur version. Entrepreneur On Demand. When they have an idea and the money, there can be a pre-vetted pool of entrepreneurs that have had background checks and passed a general competency test to just come over and start working on it. Basically, let's use this to see just how far up the on demand ladder we can go. I've been thinking about which services should be commoditized, this seems like a nice place to start. :) 4. More seriously, does anyone know if there's been large company born in the last 20 years that the founders would legitimately claim to have been created based on an investors idea? I'm quite curious as to whether or not that's a thing. I'm not quite sure that VCs have good ideas, and when most of the angels that I know actually have a really really good idea they go start it themselves. XO. Bowman
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@bowman Haha! Entrepreneur on Demand has promise ;) I agree that most ideas start with the founders, but think that VC's should be more proactive about telling entrepreneurs about verticals/ideas they are interested in funding. YC's RSF was a valuable resource for entrepreneurs to frame their ideas - and was an interesting approach!
Derek Shanahan@dshan · GM @ SuperRewards
@bowman This is one of the best comments in a while on PH. Cheers to you, sir.
Bo Fishback@bowman · CEO, Zaarly
@dshan haha, thanks boss. :)
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@rrhoover Thanks for sharing Homebrew's RFS - first time reading it tonight and it's fascinating. We want to build a community where VC's and entrepreneurs can exchange ideas and communicate more effectively. We're still working on the mechanics, but our goal is to give "pre-idea" founders a place to find inspiration & to also give existing startups a place to find the right investors for their projects. On the investor side: we want to help VC's, angels, and incubators share concepts and find the right founders to build their ideas - or to find startups who are already working on the problems they want to solve. Agree that email-first projects are a great place to start!
Misbah AshrafHiring@misbahspeaks · Product Growth @toymailco
@rrhoover @jmj Great work. Would love to see you after initial traction.
Ross Currie@rossdcurrie · Founder, CrowdLoot
@rrhoover @jmj Any way to see an archive of e-mails sent through?
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@misbahspeaks Thanks! We will keep you guys updated.
Jeff Morris Jr.
Maker
@jmj · Revenue Products at Tinder
@rossdcurrie Awesome idea. We're working on this feature. I'll let you know when it is released!