During my work, I get to explore different market segments intimately. As someone who’s always considering if there’s potential for a startup to break into spaces, I’ve decided to create an ongoing list of spaces I explore with my conclusions.
| #. | Market | Greenspace | Reasons | Exceptions |
|---|---|---|---|---|
| 1 | Observability | Low | Crowded | RFS: AI that unlocks predictive and preventative measures with really high accuracy |
| 2 | Insurance tech | -NEI- | Crowded | Possible to still build 10x better SaaS |
| 3 | Child care centers operation tech | -NEI- | -NEI- | -NEI- |
| 4 | Fire + police | High | High labor costs leading to increased willingness to increase productivity through tech. |
Governments are open to funding projects as long as there’s strong justification for ROI | Standard automation and geolocation software already exists and is robust
No new fire + police stations being made, so growth has to come from innovation of new tech | | 5 | MDM | Very low | Very crowded | - | | 6 | Real estate agents software | Very low | Very crowded, very low budgets | - | | 7 | Hospitals | Very low | Very low budgets, Epic has a strangle-hold | - | | 8 | Pharma | High | High willingness to spend for tech that proves itself with ROI
RFS: Supply chain management for clinical trials | |
-NEI- = Not enough information
Greenspace = how much potential there is for new, VC-oriented tech
RFS = request for startups, ie. tech that customers in the space have explicitly displayed high interest and willingness to pay for