4 ms·

Got it. Now I have a harder question for you. I was just warming you up so prepare yourself mouhahahahaha (yeah.. That's my evil laugh) : How will you monetize

Got it. Now I have a harder question for you. I was just warming you up so prepare yourself mouhahahahaha (yeah.. That's my evil laugh) : How will you monetize it ? How will you fight the new trend: "Education should be free" ?

manibatra 11y ago
haha love it! the harder the better! :) The things that we have thought about right now are: 1. After we have built community trust, and become the go to place for financial education, we can bring in mentors who can offer personal financial advice on a 1 on 1 basis. 2. We can enter into partnerships with other applications that act as financial instruments but are not offering the financial know-how. 3. We can provide financial tools ( platform for investing n such) to people in the future. 4. We can license customized courses for school students and university students. 5. Freemium model where interesting and challenging projects are offered, which advanced students, would pay to do - and get mentoring on. 6. After we have built an audience we can also make money off digital advertising and sponsorship. We know these are very broad and vague but this what we have so far. That is why in the starting we want to be laser focussed on building up the content. Would love to know your thoughts about it.
- karimdag 11y ago
  Actually this is quite concise in my opinion though I have few suggestions about each point: 2. With Investopedia maybe ? They have tons of great articles but they lack the fun and living part (which you can compensate!) 3. Like you said, you want to be laser focused on one thing and one thing only : teaching. Maybe you can partner with RobinHood ? Just don't do it yourself. 4. This. I would definitely pay for it. 5. Nope nope nope, as a young platform you want to get people come see you so I suggest maybe organizing some kind of competition where participants have to pay a fee, you take your % and you give the winner(s) the rest. 6. Sponsorship = good. Advertising = bad.
  - manibatra 11y ago
    2. We actually thought of them as our competitors but that is a very intersting point of view. 3. Robinhood yea we would love to partner with them ( sounds like counting the chickens before they hatch but anyhow ). And yea our priority is and should be teaching. 4. Awesome! 5. That is a good idea. and yea the part of projects was way into the future and borrowed from Udacity, apparently a lot of people are paying for their Nanodegrees. 6. Yes and yes.

manibatra 11y ago

haha love it! the harder the better! :) The things that we have thought about right now are: 1. After we have built community trust, and become the go to place for financial education, we can bring in mentors who can offer personal financial advice on a 1 on 1 basis. 2. We can enter into partnerships with other applications that act as financial instruments but are not offering the financial know-how. 3. We can provide financial tools ( platform for investing n such) to people in the future. 4. We can license customized courses for school students and university students. 5. Freemium model where interesting and challenging projects are offered, which advanced students, would pay to do - and get mentoring on. 6. After we have built an audience we can also make money off digital advertising and sponsorship. We know these are very broad and vague but this what we have so far. That is why in the starting we want to be laser focussed on building up the content. Would love to know your thoughts about it.

karimdag 11y ago
Actually this is quite concise in my opinion though I have few suggestions about each point: 2. With Investopedia maybe ? They have tons of great articles but they lack the fun and living part (which you can compensate!) 3. Like you said, you want to be laser focused on one thing and one thing only : teaching. Maybe you can partner with RobinHood ? Just don't do it yourself. 4. This. I would definitely pay for it. 5. Nope nope nope, as a young platform you want to get people come see you so I suggest maybe organizing some kind of competition where participants have to pay a fee, you take your % and you give the winner(s) the rest. 6. Sponsorship = good. Advertising = bad.
- manibatra 11y ago
  2. We actually thought of them as our competitors but that is a very intersting point of view. 3. Robinhood yea we would love to partner with them ( sounds like counting the chickens before they hatch but anyhow ). And yea our priority is and should be teaching. 4. Awesome! 5. That is a good idea. and yea the part of projects was way into the future and borrowed from Udacity, apparently a lot of people are paying for their Nanodegrees. 6. Yes and yes.