Macbeth team's app idea pre-pivot

1. SpotMe
The New Way To Lend
Money....
Nolan Astrein, Josh Busuito and Gaurav
Kulkarni

2. The Problem
●Keeping track of loans
●Asking for immediate loans
●Determining the security of a loan

3. The Solution
●Log and track loans
●Ask friends or community over
mobile app
●Compute loan reliability and
security

4. Behind the scenes
Device 1 Device 2 Device 3
Approves Approves
or Denies Receives or Denies
Loan Loan Requests Loan
Requests Loan Requests
Scores & Loan Scores & Loan
Web Server
Transaction
Processor
Venmo

5. Interface

6. MVP
●Request loan
●Approve loans
●View outstanding loans
●Create and log transactions

7. MVP 2.0
●Log external loans
●Compute Reliability
●More refined loan options

8. Milestones
Nolan Josh Gaurav
Establish methods for
Create basic Andriod app Create basic iOS app
Week 1 communicating with
framework framework
external services
Achieve working
Develop basic user
Week 2 communications with Create art assets
functionality
database
Set up database for Link Android front end to Link iOS front end to
(MVP 1) Week 3 transaction records back end back end
Add back end Develop and implement
Add UI elements for new
Week 4 functionality for advanced
features
algorithm to track user
loan features reliability/karma
Implement user tracking Polish user interface and Adapt database for new
(MVP 2) Week 5 and records experience features
Test, debug, and refine Alter back end systems
Improve UI and visual
Week 6+ back end transaction
elements
to support improvements
features and new features

9. Competitors
Track Make
Loans Loans
SpotMe
X X
PayMeBack
X

10. Secret Sauce
●Experienced and dynamic team
○ Java, iOS, Web Services
●Clear goals and expectations
●Graphic design abilities

11. Fin
Question/Comments?