Sales Pitch
Bored? Meet and find friends spontaneously in one tap!
The world's most spontaneous app for meetups with your friends or just by yourself.
There is a moment of spontaneous time; no activity was planned for that particular moment. The regarded person wants to undertake an activity with a friend but doesn't know who's available, and she would not be very happy to ask every single friend via WhatsApp or phone call. She opens the app instead, states that she's available by pressing the button, and gets a quick overview of all her friends who got some time (by pressing the button, too). Every mobile number that is included in the personal address book is considered a friend.
The business can be regarded as a mixture of Tinder and WhatsApp, with a focus on time and activity.
Website
Apple iOS App
Google Play Store
Need
Got some time and want to make the most of it?
Are you sick of wasting time asking friends if they are available and discussing the venue? Most people love being spontaneous but are rather helpless when trying to be. What are you missing to be spontaneous? Sure, information about who's available at that particular moment and what amazing activity could be done there (without an information overflow that usually keeps us from being really spontaneous)!
Objective
Lower the barriers for having and enjoying spontaneous moments.
Connect users and regional partners for suitable venues.
Company Overview:
This is an emerging technology company that develops and distributes the app. This innovative application revolutionizes the way people spend their leisure time and explore their surroundings. The app enables users to spontaneously meet up with friends and make the most of their available time. The company is based in Berlin, Germany.
Business Case
The business has a clear vision: to help people make optimal use of their leisure time. The app provides personalized recommendations for activities, events, and places based on individual preferences, location, and time.
The company operates on a business model that promotes spontaneous networking among people. The app utilizes location data to offer users relevant and timely content and services. This model is particularly valuable in today's society, where free time is often limited. Thus, it relies on in-app advertising and partnerships with local businesses.
Market and Competitive Advantages
The market for leisure and event apps is steadily growing. In the age of personalization, people seek tailored experiences.
The increasing proliferation of smartphones and rising demand for local activities provide a promising growth opportunity.
Competitors such as Eventbrite, Meetup, and Time Out are established but distinguish themselves through their focus on individual preferences and location.
The global market for location-based advertising was estimated at $110.29 billion in 2023 and is projected to grow at an annual growth rate of 15.0% during the forecast period (2024–2032).
This business positions itself in this growing market by using location data to offer users relevant and timely content and services.
The business has a unique competitive advantage over other apps as it enables users to be spontaneous and make optimal use of their time. This sets this business apart from many other chat and meetup apps.
The company effectively utilizes location data to display relevant advertisements, enabling targeted marketing campaigns for local businesses.
The global demand for smart advertising services is steadily increasing, and this company can establish itself as a key player in this area.
Why should the potential buyer acquire this business?
Innovative Technology: The company combines smart algorithms and data to provide users with unique experiences.
Growth Potential: The market for leisure apps is growing, and this business app is poised to capitalize on this trend.
Customer Benefit: The company facilitates leisure activities and provides personalized recommendations.
Personalization: offers unique personalized recommendations that match user interests and current location.
Time Savings: The app saves time in searching for activities and events.
Local Partnerships: Additionally, it has potential to collaborate with restaurants, museums, theaters, and other local businesses to offer exclusive deals and discounts.
Growth Potential: The market for leisure apps is growing, and it is well-positioned to benefit from it.
Agreements and Obligations of the Buyer
- User accounts are part of the transaction.
- The buyer is obligated to:
a. Inform the users about the acquisition and provide them with the opportunity to decide whether they wish to continue using the app (for example, through app updates and revised terms of use) via opt-in.
- The buyer acquires 95% of all company shares. 5% minority shares remain with the sellers.
- The transaction does not include any employees.
What assets are included in the sale?
- domains
- Brand assets (logos, etc)
Website files
phone number
Email address
Social media accounts
- Trademarks
Email subscriber list
Custom technology
