Business idea · Marketplace

Open Innovation Research Network

Open Innovation Research Network is a platform that connects researchers, venture capitalists, and industry experts to share insights and collaborate on technological advancements and market trends. It was pitched on My First Million, hosted by Sam Parr and Shaan Puri, in the episode "I asked Cathie Wood the question no one else will" (aired October 30, 2025).

At a glance

Open Innovation Research Network at a glance
PodcastMy First Million
Hosted bySam Parr and Shaan Puri
EpisodeI asked Cathie Wood the question no one else will
AiredOctober 30, 2025
CategoryMarketplace
Real companies on the episodeCoinbase, Nvidia, ARC Invest, Tesla, Palantir

The problem it solves

This business addresses the challenge of information silos in research and investment, allowing for more collaborative and innovative solutions in technology and finance.

How it makes money

Subscription-based model for premium access to research insights, events, and networking opportunities.

Skills you need

Research analysis, networking, project management, content creation, and marketing.

The market, and why this works now

The rise of platforms like Slack has shifted how professionals engage in real-time collaboration, making it easier to connect researchers with venture capitalists and industry experts. A viable first-revenue move could involve partnering with industry-specific subreddits to promote premium content and networking events, leveraging their existing communities for outreach. A key risk is the potential high customer acquisition cost due to the need for significant marketing efforts to attract subscribers in a competitive landscape.

Our analysis, written after the episode. Not a quote from the show.

Real companies discussed on this episode

  • Coinbase

    Coinbase is a digital currency wallet and platform for buying, selling, transferring, and storing cryptocurrency.

  • Nvidia

    Nvidia is a multinational technology company known for its graphics processing units (GPUs) and AI hardware.

  • ARC Invest

    ARC Invest is an investment management firm focused on disruptive innovation, managing a range of exchange-traded funds (ETFs) and venture funds.

  • Tesla

    Tesla is an electric vehicle and clean energy company known for its innovative technology in self-driving cars and energy storage solutions.

  • Palantir

    Palantir Technologies is a public American software company that specializes in big data analytics.

Where this idea came from

Podcast: My First Million, hosted by Sam Parr and Shaan Puri

Episode: I asked Cathie Wood the question no one else will

Aired:

Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.

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What to do next

  1. Listen to the episode. "I asked Cathie Wood the question no one else will" on My First Million
  2. Study a real company from the episode: Coinbase
  3. Find an idea that fits your budget, hours and skills
  4. Compare it with a similar idea: Hobbyist Community Platforms

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