Question 1

This seems like a great idea. An app like this really depends on the network effect. How is MAU growing each month? And what are your plans to drive MAU growth?

Accepted Answer

Great question and I agree that the success of an app like this depends on network effects. Our MAU is growing 10% organically every month (we have not spent any marketing dollars yet). Firstly, we will always focus on building an amazing product to retain our users. We meet users on the app every week to get feedback, this has helped us improve our retention rates. We are currently working on some features that will help improve MAU growth. For example, we are adding an 'invite friends' feat...

Question 2

You show $2,500 of cash on hand. You also show an enthusiastic team. How do you meet payroll for them?

Accepted Answer

Thank you for your question. No one in our team is getting any salary right now. My Co-Founder and I sell the vision to everyone and we are all working hard to reach a point in the business where we can get paid a minimum salary. Also, we offer a campus ambassador program for college students, where we provide college credit. Hence, the enthusiastic students help us with marketing and in return they get a great learning experience. We have partnerships with several colleges and constantly get...

Question 3

I love it I'm actually pitching it to my friends to see if we can go all in. I see the vision where this is going awesome job and I look forward to your future. Do you have any planned fundraisers coming up?

Accepted Answer

Thank you so much! That would be amazing! This one is the only fundraiser we have planned, for now. I would be happy to schedule a call to discuss further, with you or any of your friends.

Question 4

Hi Sama, I have a few question regarding about your app. it would be very helpful if you could answer some of my questions. could you explained me how many users are enroll at the moment and how much does the membership cost for every user that enroll in the app. ''We project ...

Accepted Answer

Hi Santos, Here are the answers to your questions: 1. We have 5169 users and it is free to enroll on the app. 2. We have three sources of revenue that factor into those projections; advertising revenue, revenue from paid accounts and gathering patterns in our data to provide guidance and predictive analysis to companies that deal with specific cohorts. I will expand a little on how we got those numbers for all three sources. Advertising revenue - We calculated our advertising revenue by assum...

Question 5

Hello! I just downloaded the app on my iPhone XR and after a few actions, it crashed. I noticed the last release was 7 months ago and there are reviews mentioning crashes. What is your plan to address the technical problems with the app? When is the next planned release and ho...

Accepted Answer

Sorry about that, the issue is with Iphone X handling and API changes, which has been solved by our team. Our new version will be released this week. On raising our funding, we will primarily invest in technology and the maintenance of our app, to provide a smooth and easy-to-use product. We will also have a full-time team to maintain the app and work on app updates.

DownToDash

B2B & B2C Activity Curator to meet like-minded people

$64,680

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