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Y Combinator Cast

11/18/22

@ Y Combinator

Gusto, which provides payroll software, illustrates that boring ideas can have high hit rates because many founders avoid them, leaving opportunities for those willing to tackle them.

Video

How to Get and Evaluate Startup Ideas | Startup School

@ Y Combinator

How to Get and Evaluate Startup Ideas | Startup School

11/18/22

Related Takeaways

Y Combinator Cast

11/18/22

@ Y Combinator

Many of the best startup ideas emerge in boring spaces, such as tax accounting software, which may not initially excite founders but can turn into successful businesses over time.

Y Combinator Cast

11/18/22

@ Y Combinator

Founders often overlook ideas that seem hard to start, are in boring spaces, or have existing competitors, but these can actually be good opportunities because they are less pursued by others.

Y Combinator Cast

02/08/25

@ Y Combinator

Founders often gravitate towards easy-to-build startup ideas, but the best ideas are usually more ambitious and challenging to execute.

Joshua Reeves

03/18/25

@ Y Combinator

The design of Gusto's product incorporates fun and whimsy, which is not typically associated with payroll companies, making it stand out in the industry.

Y Combinator Cast

04/25/24

@ Y Combinator

The rise in consumer ideas could be seen as lazy, as many founders might gravitate towards easier concepts rather than tackling more complex problems.

Avni Patel Thompson

03/03/18

@ Y Combinator

The most successful founders often have a high batting average, meaning they try many ideas and learn from failures without being precious about them.

Blake Scholl

02/15/25

@ Y Combinator

Founders don't need to be limited by their formal credentials; the most ambitious startup ideas can often be surprisingly achievable and may be hiding in plain sight.

Michael Seibel

01/27/22

@ Y Combinator

Gusto, originally Zen Payroll, focused solely on payroll services before expanding into a comprehensive HR tool, demonstrating the importance of starting simple.

Garry Tan

04/22/20

@ Garry Tan

New insights are hard to come by because good ideas are rare, and bad ideas can nullify perfect execution, causing talented founders to struggle despite having great resources.