billion dollar trend spotting by noah kagan

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Spotting the Next Billion Dollar Idea @noahkagan

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A presentation I put together on businesses that got to a billion, things to look for and some tools to start yourself.

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Page 1: Billion Dollar Trend Spotting by Noah Kagan

Spotting the Next Billion Dollar Idea

@noahkagan

Page 2: Billion Dollar Trend Spotting by Noah Kagan

The Daily Raw Dog

Page 3: Billion Dollar Trend Spotting by Noah Kagan

“No wireless. Less space than a nomad. Lame.”-Slashdot

Page 4: Billion Dollar Trend Spotting by Noah Kagan
Page 5: Billion Dollar Trend Spotting by Noah Kagan

Farmville Game Guides

• 80 million / month players

• 1% are paying

• 5% convert to buying $10 guide

• Total available size: $400,000

Page 6: Billion Dollar Trend Spotting by Noah Kagan

Be Selfish

What services do you use every day?

Page 7: Billion Dollar Trend Spotting by Noah Kagan

My Other “Failed” Businesses

• Phatcast: YouTube based on bit torrent

• CollegeUp: College Craiglist

• BetArcade.com: Sports Betting Game

Page 8: Billion Dollar Trend Spotting by Noah Kagan

Global

• Make an assumption about the next 6 months

Page 9: Billion Dollar Trend Spotting by Noah Kagan

The Sexy Trap

• Applications:– Facebook– iPhone– Twitter

• iPhone has 50 million people.Only 70% of revenue.Capture 1 million on a $5 applicationRevenue opportunity: $3,500,000

Bottom line: Good to be the Godfather!

Page 10: Billion Dollar Trend Spotting by Noah Kagan

Priorities

– No meeting Mon / Fri

– The 10 / 15 rule

– Only Business Instant Messaging

– Phone saves time

– Email nazi

How much of your time is spent reading blogs?

Page 11: Billion Dollar Trend Spotting by Noah Kagan

Mohan Belani’s Screen

Page 12: Billion Dollar Trend Spotting by Noah Kagan

Web Tools

• http://tungle.me/noahkagan

• Google Forms

• Remember the Milk

• Instapaper

• Rescue Time

Page 13: Billion Dollar Trend Spotting by Noah Kagan

Books to Read

• Influence • Toyota Way• Predictably Irrational • Art of the Start• Paradox of Choice• Ultimate Sales Machine• Permission Marketing or Purple Cow