99 Percent of Fortune 500 Employees Who Use This Product Hate It. This Entrepreneur Built a Million-Dollar Business Out of That Hatred.
Entrepreneurism is all about problem-solving, and finding a common issue can be a great starting place for your business idea.
The idea for Haystack came swift and easy. A way to build Haystack took more work.
Cameron Lindsay, 27, was sitting at his last job in 2018 when he noticed that 99 percent of Fortune 500s have intranet products — and 99 percent of people who use them hate them. In those two 99s, he saw 100 percent opportunity. The incumbents making these internal corporate communications systems were “all older-school,” he says. “Employees today want it superfast, superconnected, and delightful.” He teamed up with cofounder Haibo Zhao, a former tech lead at Google and Snap, to reimagine a sleek, nimble sports car of an intranet.
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