You and some classmates meet at the library on a rainy and windy day. Some of th

You and some classmates meet at the library on a rainy and windy day. Some of them arrive completely soaked: on the way, the wind broke their umbrellas. One of them jokes: “Where are the scaffoldings when we need them?!”
Another says: “Actually, there’s a map of scaffolding permits on NYC’s Open Data website -take a look on my laptop!” There it is, on a map:
https://www1.nyc.gov/assets/buildings/html/sidewalk-shed-map.html
That person continues: “What if we could transform that into an app that optimizes pedestrian routes when it rains? Maybe there’s a business idea?!”
“Well”, you say, “that could be a great idea, but not all great ideas mean great business. Plus, there’s a long way from an idea to a successful startup.” You decide to explain to your friends what it would take to examine this idea and, if valuable, how to potentially develop it into a startup.
Write a paper (1000-to-2000 words long, but flexible) in which you explain how you and your friends could explore and potentially develop this. Be sure to demonstrate your knowledge of all course material that was assigned so far (see course schedule up to October 20 included) and your ability to apply it. Remember that you do not need to describe the actual business but how you would proceed assessing the idea and the steps that you should take to potentially develop it into a startup.

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