Regulation Compliance Tech
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Joe describes finding business opportunities by leveraging regulatory changes to build technology solutions. He shares an example of building a yard management system that helps companies comply with new California regulations while creating additional value.
Key Points:
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Find Regulatory Triggers:
- Identify new regulations that companies must comply with
- Look for opportunities where compliance requirements create openings for new solutions
- Example: California's new rules for loading yards created an opportunity
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Build Value Beyond Compliance:
- Create a solution that solves the regulatory requirement
- Add features that provide additional business value
- Example: Loading yard system that:
- Meets regulatory requirements
- Uses AI cameras to map yard activity
- Creates accountability and incentives
- Improves gate efficiency
- Manages carrier scheduling
- Enables yard optimization
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Go-to-Market Strategy:
- Partner with major industry players
- Secure built-in revenue through partnerships
- "Few hundred million revenue already built in"
- Can scale up into partner yards
- Expand to other yards once established
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Timing Strategy:
- Launch when companies "have to do something anyway" due to regulations
- Position your solution as the obvious choice when they need to make changes
- Use regulatory deadline as catalyst for adoption
19:25 - 19:45
Full video: 54:51JL
Joe Lonsdale
Co-founded 8VC, a venture capital firm focused on building sustainable businesses. Helped launch Resilience to address vulnerabilities in medical supply chains.
Serial entrepreneur with a track record of founding and guiding companies in various sectors. Instrumental in the success of Epirus, which secured significant contracts and funding.