matrix

The answer is: he didn't understand the business. There tens if not hundreds of competitors, and yet the tour operators still taking bookings over the phone. That tells you a lot.

The market is ruthlessly efficient. If something has a low barrier to entry, like his idea, then it's absolutely 100% guaranteed that someone else has tried it. Would-be founders need to do a brutally honest assessment of why they are going to succeed where others have failed.

Not mentioned in the article: the market which this person was trying to enter is saturated with competition. These tour operators are bombarded with pitches for these things every day, and of course every one of them wants a cut of their hard earned revenue. It's a bad deal for a small business owner. They take all the risk, invest all the capital, while some SV firm comes along and kindly offers to scoop all the cream (margin) off the top.

So, this business failed due to a combination of lack of knowledge of the market and were not addressing a truly burning need for customers.

For those that can’t access the article, here’s the key sentences:

“In recent weeks, however, more data has become available, and it suggests that the true picture is less alarming. Yes, Delta has increased the chances of getting Covid for almost everyone. But if you’re vaccinated, a Covid infection is still uncommon, and those high viral loads are not as worrisome as they initially sounded.

How small are the chances of the average vaccinated American contracting Covid? Probably about one in 5,000 per day, and even lower for people who take precautions or live in a highly vaccinated community.”

Amazon's co-mingling of inventory facilitated large-scale theft by enabling stolen goods to be sold along-side legitimately sourced items. One has to wonder: at what point does Amazon's reluctance to improve supply-chain integrity venture into the territory of aiding and abetting crime?

Has anyone found similar good-quality mathematics videos for young (elementary school age) kids?

This feature is a big plus for parents. It's hard to appreciate how hard it is to protect kids online if you don't have kids yourself. I get that those without kids will find it intrusive, but it sounds like these feature are opt-in.

I consider iOS to be the best platform for kids today. That said, Apple: if you're listening: please tighten up parental controls around time limits and re-loading apps!

There's another really difficult challenge for hearing-impaired people not mentioned here: it's mentally exhausting to follow online meetings, even with captions. Hearing impaired people have to very intently while also trying to make sense of lagging/imperfect captions, and that's a high cognitive load to sustain for long periods.

Accented English is particularly challenging, because otter.ai (used in Zoom) has very poor accuracy with the most common accents we encounter in software engineering.

This is also the case in US. Contract formation requires that the signing party has an opportunity to read the contract. If the contract is subject to litigation and the signing party can show they did not have an opportunity to read it, the contract will be thrown out. It is especially frowned upon to misrepresent the contract ("Don't worry, it's just some routine boilerplate") and not provide a copy before the person signs it.

I think the author might not realize the substantial difference between working in a tech company (the HN audience) and in supporting roles in non-tech businesses. I have worked in both worlds, and it really just comes down to choosing the right tools for the job. In tech you're supposed to be on the cutting edge. That's part of what makes it fun and rewarding.

However, if anybody feels lesser for working in non-tech they're probably thinking the wrong way about the value they're creating. It can be immensely rewarding to build something unsexy and relatively simple that moves the needle by millions or even billions of dollars.