Problem: Financing options for startups are extremely limited: Equity or Debt. Founders need to shed their ownership in company or pay interest on loans irrespective of how the business is performing. Solution: We can create investing platform where startups with reliable recurring revenue can get paid upfront without diluting their equity. Investors would get a contract and would start a recurring revenue stream for themselves. Founders of high growth startups would not need to provide discounts for annual pre-pay subscriptions and not have to raise dilutive equity to bridge the gap between cash flows. Founders would quickly be able to convert their MRR ( Monthly recurring revenue ) to ARR ( Annual recurring revenue ) without revenue lost incurred previously by selling discounted Annual plans. SaaS companies have approximately this dynamic but largely don’t securitize yet, because equity funding is so abundantly available for SaaS, but I will eat my hat if there are not billions ...
Problem: Purchasing today is based on web and apps. User has to manually search and order items, creating a clunky experience even for regularly purchased items. Solution: A service where purchasing is as simple as send a Whatsapp message "Order 1 dozen banana". The Digital Assistant would interact with backend API's and order it for the user. The platform would take use of NLP and past order history instead of hectic browsing. User would not have to dig around the website themselves to find relevant product. Why Text commerce is here to stay: Texting can help bring the personalized experience available in-store to online customers by easily connecting them with in-store sales associates. Example Easyday whatsapp ordering. Text messages can help reduce the number of steps needed to order a product, thereby improving conversion rates. Texting can also help boost customer lifetime value by making it easier for customers to reorder items and companies to offer services. ...