HACKER Q&A
📣 hammadn

To Pivot or Not to Pivot?


Hey there,

So I've been working on https://buymeadomain.com which is a platform for founders & indie hackers to raise their first-ever round of funding in the form of "domain-name investment". They can submit about their project/startup idea along with the domain-name needed & an interested investor can buy them the domain in return of a certain equity.

I did some soft launches & got some feedback. The thing is that this is not making sense to many people out there. They are saying that if a founder can't buy even a domain-name why would anybody invest in him or that the domain per say is not such a big investment & there are many other expenses like hosting & all.

After all this feedback, I'm thinking of pivoting this into some sort of product hunt for investors where founders can submit there project, create a buzz, get signups & thus attracts investors. The investors can browse along the products & invest in any of them as an angel investor.

But then again as per Y Combinator's Michael Siebel, great ideas always sound horrible at first & people think they are not good enough. What do you think? Is this the case with buymeadomain.com or do I really need to pivot it to what I described above?

Let me know your thoughts .


  👤 brudgers Accepted Answer ✓
Have angel investors told you this solves a problem they have?