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Hi Wilhem! I'm no VC, but I have made a few investments in companies, independently. I'll give you my immediate impressions. It's a very cute project! Nice an
by personamb 9y ago
Hi Wilhem!
I'm no VC, but I have made a few investments in companies, independently. I'll give you my immediate impressions.
It's a very cute project! Nice animations.
How does it work? My understanding is that you have a pricing table somewhere you say a banana is worth $1, a taco is worth $10, etc. When you press the button, it converts a dollar amount into some number of those goods.
Comparing costs to real-world things is a commonly-used strategy, e.g. "For less than the cost of a coffee a day, you could ____!", so that's interesting.
It seems like overkill for an API; seems like you could just build it into your marketing copy (and not rely on just emoji, which render inconsistently).
'My assumption is that conversion will definitely be higher by using visual representation of price tags. Especially against "spatial learners".'
Sure, but that's easy for anybody to test, in-house.
It doesn't seem like enough value-add to use as a stand-alone business; if somebody else were to want to use it, they'd have to not just pay the service, but also the cost of maintaining a sales relationship, contract, etc.
- wilhempujar 9y agoHey, hi! Thanks a tons for your feedbacks. Makes a lot of sense... Yes, your understanding is correct, that's exactly how it works :) I agree with your last comment; I do believe that it needs to be taken one step further to reach the MSP stage. If I had the time, I think I would add crypto to the sauce. I expect bidders to see the same kind of opportunity. Wait & See!