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.
Opinions expressed by Entrepreneur contributors are their own.
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.
Memorial Day Sale - Save 20%! Unlock this premium article & so much more with Entrepreneur+
Join the internet’s leading entrepreneur community with our Memorial Day sale! With your subscription, you'll get:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve
Use code SAVE20 at checkout.