Trends in small business

April 09, 2024

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Welcome to Startup Strategist. It's Tuesday, and today we have two news stories and 3 resources for you.

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  • News: (1) YC Fintech representation falling (TechCrunch), (2) Call for AI regulation (WSJ)

  • Trends in small business

  • Resources: Product market fit, startup roadmap, and YC business model overview

  • StratupAI Idea: Crowdfunding platform

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News

“Fintech representation in YC’s Demo Days is shrinking”(TechCrunch)

TechCrunch notes a fall from 24% to 8% classified as Fintech, from 2022 to the latest demo day.

Two Japanese companies call on laws to restrain AI (WSJ)

In an article by the WSJ published on April 7th, Japans largest newspaper and telecommunications companies say AI threatens “democracy and social order.” One of the risks of AI is it “being used to manipulate public opinion”, an NTT spokesman says (WSJ).

Less so the traditional startup route, and possibly closer to the type of business advocated by the ‘smallbets’ community are businesses related to 'blue-collar services’. In Entrepreneur magazine, they note they see opportunity in these types of services because competition is still not digitally savvy in regard to their marketing.

Furthermore, they recognize a demand for niche online agencies. Interestingly, you don’t need to sell your own expertise, but rather can just “play matchmaker”, they say.

3 Resources

3) YC guide to business models:

“Finding funding for personal projects or creative endeavors can be a significant challenge for many individuals. Crowdfunding platforms cater to a wide range of projects, but niche projects often struggle to gain visibility and reach their funding goals. Creating a specialized crowdfunding platform that focuses on niche projects such as unique inventions, art pieces, or cultural initiatives could address this gap. By providing a dedicated space for niche projects, creators can connect with a targeted audience interested in supporting innovative and creative ventures. The platform could offer additional support and resources tailored to niche projects to enhance their chances of success.”

Disclaimer: The startup ideas shared in this forum are offered for general discussion, and are non-rigorously curated via the Stratup.ai idea generator. Individuals utilizing these concepts are encouraged to exercise independent judgment and undertake due diligence per legal and regulatory requirements. The sharing of an idea does not represent an endorsement.

That’s all for today, thanks for reading. See you on Friday.

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The startup ideas, strategies, and suggestions shared are provided for general discussion and informational purposes only. Any individual or entity considering implementing these concepts should exercise independent judgment and conduct thorough due diligence in accordance with legal, regulatory, and industry-specific requirements. Startup Strategist does not guarantee the accuracy, completeness, or suitability of any information shared. It is recommended to consult with legal, financial, and other relevant professionals before proceeding with any business ventures or decisions.