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Yeah you're right that in my personal example using this app was overkill. The use case I actually had in mind while developing this was continuously using thi
by radihuq 7y ago
Yeah you're right that in my personal example using this app was overkill.
The use case I actually had in mind while developing this was continuously using this to track expenses while on the trip - that way you don't need to pull together all the receipts & verify expenses at the end of the trip
- davidajackson 7y agoHave you heard of YSplit? https://techcrunch.com/2019/03/13/ysplit-wants-to-make-it-so-you-never-owe-your-friends-money-again/ https://techcrunch.com/2019/03/13/ysplit-wants-to-make-it-so... I think it's a newer YC company, might be interesting for you to take a look at to see how yours is different/similar
- radihuq 7y agoI haven't heard of them - looks like they're a wallet that automatically conducts pre-authorized transactions. Pretty cool. Biggest limitation I see is that they only support splitting transactions from select vendors. I think it would be cool if they allowed you to split anything - but I guess the problem is coming up with a viable business model. If you use something like Stripe to facilitate transactions, the added fee can be pretty deterring to potential users. I'm not sure what would be the best business model for an idea like this, apart from maybe a subscription more & betting on users not actively using the product?
- davidajackson 7y agoHmm. Doesn't Venmo do an instant (about 2%), or 2-3 days (0%) bank transfer fee business model? Something similar might work for them. I don't know how Venmo does the free bank transfers though, that could be anything from partnerships to VC money to tech.
- stephenr 7y agoSo... a spreadsheet then?