Dalton and Michael discuss 'Tarpit ideas', and it's very interesting to hear their definition and insight into ideas which they feel should be avoided.

Firstly, they recommend building products for businesses - not consumers.

With consumers, the bar is extremely high - and timing plays a big factor.

They also share some of their experience with apps that help you 'find new things', like restaurants, or concerts through a friend network - or some machine learning recommendation system.

People say the... See more