1. Companion Creator Qian Mao and Chenxuan Wu Initial Costs
What is Companion Creator?
Sometimes it can be hard to make new friends. Relocating for school or work, having families, children, and busy careers all create barriers to having friendships. Our friendship matching service is designed to solve the challenge of making friends as an adult.
Start-Up Costs
Financing Start Up Costs
Initial application $600,000
Crowdfunding for app development
Cash flows first year $355,000
Angel Investors (30% Equity)
Total: $955,000
How is Our Solution Different?
No swiping or scrolling through dozens of profiles
Anyone can sign-up
Uses AI and psychological matching
Social Media
Facebook, twitter, Instagram, etc.
Hashtag creation
In-app sharing of matches
Collaborations
Organizations
Give members Companion Creator information
Corporations
Employees who are relocating
Universities
Student affairs and services
New student orientation materials
Marketing Plan
Revenue and Pricing Model
Plan
Cost Per Month
Included
Free Subscription
Free
-3 free matches per month
Basic Subscription
$5.99
-3 matches per month
-Advertising Free Platform
Standard Subscription
$9,99
-6 Free matches per month
Premium Subscription
$13.99
-unlimited matches
-Access to subscribers community
Advertising Revenue
Average click per 100,000 (1%) for click advertising at the rate of .25 cents per click
Impression advertising at the rate of $1 per 1,000 page views
Year 1-5 Cash Flows
Year 1-5 Income Statement
Yr Yr Yr Yr Yr5