Ask HN: What points would be crucial when creating an app for rich people? | Hacker News Reader

Ask HN: What points would be crucial when creating an app for rich people?

2 pointscannibalXxx22 comments

for some time now I've been thinking about creating something aimed at wealthy people, but apart from the financial part, what points would interest them the most? what are they really looking for on the internet that still somehow doesn't satisfy them?

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A location based app that gives the social status & brief bio of the people nearby. Like if they were at a fancy party, it could tell them if a movie star or a forbes 400 member was there.

and the data will be given by the users themselves> I don't know if they want to expose themselves so much :/

but it's still a good idea

It is a terrible idea.

An app to stalk famous people is what poor people are interested, not rich.

I thought of something similar, but less intrusive.

An app that uses your chosen or GPS location to point out nearby Michelin rated and other high end restaurants and amenities.

When with a group of other likewise wealthy people using the same app, you all "swipe left or right" the suggested food styles (pizza, Japanese, French, Michelin Starred, etc), and it returns info and links to the restaurants that fit what most of the group agree upon.

Of course everyone gets to rate the experience after. Something that is valuable to the businesses as well. Maximize!

That's how "the poor" imagine the life of "the rich".

Being not wealthy and haven't diner before at a Michelin rated restaurant, could lead to the assumption "I want it now and I can afford it, so I go and get it" is what the life of a rich men is - but, all of the Michelin rated restaurants are booked out for the next weeks and months. Just thinking of el bully: "we're booked out for the next 2y. Would you like to make a reservation in ... September 2034?" :)

So, this won't work out as imagined.

Uh, you've never been around wealthy kids and young people. My partner works at one of the most exclusive private schools in Canada. We're surrounded by wealthy people. Sometimes even royal reps and the occasional prince. I know exactly how they respond to amusements like in this thread.

Also not all Michelin rated (and otherwise great) restaurants have years-long waiting lists. They exist, but you are pretending they are all that are available to the wealthy. Not all of them are even that expensive - wealthy people go for the best and/or most reputable of everything, which tend to be expensive, but are not always. They don't automagically gravitate to the exclusively expensive just for expense's sake. That, my friend, is the imaginations of "the poor."

You obviously missed out on "Pizza" being included in my list. Rich old people might not like it, but rich kids like it BIG TIME. Hell, Drake is rich, and his favourite resto according to those videos, is a cheap Chinese hole in the wall (it's actually pretty good, but it is cheap).

Your first sentence, and subsequent meandering pretends that you know something others don't. You obviously don't. And that's okay.

So what would enchant them as an app or even a web service? I think you might have that answer

Your reading skills pretend to be good, but obviously there's need of them being adjusted :)

It was a point against the "app for the rich" + "to point out nearby Michelin rated and other high end restaurants and amenities." in the context of suggestions for app features.

There's also a pizza in this context.

So, why would Drake use the rich-people-app if he loves eating in a hole in the wall and can order doordash to be delivered food from that hole? You see your misthinking now? If it's not exclusive, then there's already a solution for. If it's exclusive, then it's restricted and not in the abundance.

But that's ok, too. I don't care about the wealthy, because they're not on my wavelength at all. And that's also not my biggest aim in life. If you're surrounded by them, enjoy!

There was a time that a simple purple diamond image on an iPhone was enough. It is akin to the duct tape banana art that recently sold.

What amuses the wealthy people you'd like to target?

This post made me have a good laugh. Sounds like a startup mentor advice, "you should sell to rich people!".

Do you think rich people install more apps than poor people? Rich people use tech just like everyone else, productivity apps, google apps, apple apps, social media. Most common than not, use less in place of more apps.

Do you want to create something that has more value for rich people? Work on the privacy and security area.

In fact, the research I've done has shown that privacy and security are very important to these people, but you'll also find some things related to finance and networking.

Ask Scrooge McDuck. He'll tell you, look out for cliches and how to full fill them.

Same question is what to make as q present if they've already have everything possible.

as a poor, you have no idea what they care about.

hint: money can't buy time. but it can save them time. So approach from that angle.

Actual peer-to-peer distributed networking, think torrents or crypto or IPFS, but you have to have proof of net worth (PoNeWo), or at least proof of class connection (PoNePo) in order to participate.

Also they clearly need a matchmaking system for putting them in touch with unhoused individuals and other poors who are sufficiently motivated to play the most dangerous games.

dangerous games? but that's illegal. the intention is to build something truly useful. something like a catalog of rare antique pieces or collections, or even something that connects them with people of the same social status, I don't know, something truly useful

> but that’s illegal

A billionaire is about to [re-]become the unfettered god-king of Amerikkka (this time with more kakistocracy!!), I wouldn’t take that (current && temporary) barrier as a blocker to innovation. Get a rough prototype together now and you may corner the market while we’re still here.

> catalog of rare antique pieces or collections

Solutions already exist for a small and well-serviced market; owners of such pieces and collections already know who to fan out to and actively do, that’s why Sotheby’s etc exist.

> something that connects them with people of the same social status

See PoNeWo and PoNePo mentioned previously.

Assume that, if it’s buyable by the wealthy they already have an app for that — or, rather, their personal assistant, concierge, secretary, congressional page, rent[boy|girl] has an app for that — what you need to think about is opportunities for experiences they cannot (currently) buy.

Which brings us full circle to progressively more dangerous games.

But the fact that there are already some doesn't mean that we can't build something better.

Here's a great example of a web app https://www.photopea.com/ that copies photoshop and is currently making 2 million dollars.

How do I put this?

First, the rich/wealthy are not paying for a “Free Photo Editor” that’s an alternative for Photoshop. They are also not paying for Photoshop. That’s not how you get and/or stay rich/wealty. Instead they pay someone else to use Photoshop on their behalf.

Second, building a better mousetrap is not how you attract the rich/wealthy; in an extremely small minority of cases building an actually better mousetrap is how you become rich/wealthy, specifically by selling it to the not rich/wealthy. In most cases you become rich/wealthy by already being wealthy (see PoNeWo), these days mainly because your forebears are rich/wealthy or, rarely, talented (see PoNePo).

If you want to sell to the rich/wealthy, the key is to give them someone they can hunt without consequences; for your purposes, ideally, that’s someone else, but it really depends on how much money you want and how fast you think you can run.

I think a better idea would be to pick up a few issues of Robb Report, or peruse their website articles for a while. That's how you find out what wealthy people want and are willing to pay for.

I've never seen an issue covering photoshop alternatives.

https://robbreport.com

They aren’t going to buy it. They don’t need it. Sorry

I don't get this reply. They don't need a Ferrari or Patek Phillipe collection either. They don't need 10 bedrooms with separate in suite washrooms, and both an indoor and outdoor pool.

I live close to Toronto's Bridle Path. Nearly everything I see around the neighbourhood is not purchased out of necessity.

This vertical is already catered for: Vertu sells expensive phones:

E.g. SIGNATURE COBRA LIMITED EDITION KEYPAD PHONE US$504,308.00

They have a concierge service: https://vertu.com/concierge/

Something like ask Siri, but staffed with actual humans that can arrange real services.

Have a look at what's on offer.

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