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Ali Hamidi (@ahamidi)
                     Ash Bashir (@ashbashir)
                                SWdxb 2012



Sign up for beta access: stringcast.com
Existing Pain Points
   Twitter
       All or nothing controls
           Either totally public
           Or completely private
       Difficult to follow conversations
       Limited support for media
       Limited to 140 characters
   Path
       Closed network
       Unable to post publicly
Stringcast is:


                   + Strings + Media
                      Categories for                Text
                        different                 Photos
                        streams                    Video
                                                Voice Notes

    Feature rich mobile blogging platform
    Multi-media posts
    Strings to categorise posts providing better privacy control
    Stringcast: The reach of Twitter plus the richness of Path
Social Media Expert View
   Robert Scoble (@Scobleizer)




   Scoble Says…
Scoble Says…
   “Google+ has beautiful photos and videos. Twitter?
    Just page after page of mind-numbing 140 character
    items.”
   “What could Twitter do? … Let us add photos and
    videos into each tweet and, even, let us do that
    outside of the 140 character limit…”

   “Google+ lets me publish a post to JUST A SINGLE
    PERSON +or+ to a small group of people, or, even,
    to a circle that has 5,000 members in it. Twitter has
    no such way to do this.”
   “What can Twitter do? Revamp lists… This is Twitter’s
    weakest point…”
Comparison
   Feature

Privacy
Control
                              
Analytics           -         
Threads/
Strings
                               

Discussion                 
Multi-Media               
APIs                 -         
Reach             -         
Simplicity                
Revenue Streams
   In-app purchase for Pro users ($1.99)
       Pro app has built-in analytics visible to user
   Transparent affiliate link injection
       Replace product links with shortened affiliate links
   Promoted posts
       Similar to you know what
   Paid suggestions for strings & search
       Relevant suggested strings to follow based on search
        term & list of strings user is following
   Premium API giving automated access to analytics
       Automated access for analytics for brands leading to
        Business Intelligence
Costs vs Revenue Estimates (Monthly)
Time             Daily Active Users   Costs                Revenue
Month 1 (June)   1,000                $6,500               $150
Month 2          10,000               $2,200               $650
Month 3          100,000              $1,200               $7,000
Month 6          500,000              $2,200               $32,000
Month 12         1,000,000            $15,000              $50,000

   Costs
      Legal/Admin
      Hosting & Bandwidth
      Creative/Design
   For n>100,000 ARP(DA)U: $2.88 (Annual per user)
   Funding requirement: $10,000

                                 ARP(DA)U: Average Revenue Per (Daily Active) User (Annu
Prototype (Current Status)
End
Q&A (part 1)
   Go to market Strategy?
       Create Minimal Viable Product
       Get Beta users (Betalist/Twitter) testing via Testflight
       Update app
       Submit to App Store
       Use Twitter to target Twitter users
       Target geeks and early adopters
       Use other social media
       Iterate product based on user feedback
   How will you cover costs?
       By minimising costs
       Bandwidth & Storage is cheap – Amazon Cloud Services
       All marketing through social media
       Use fancy compression algorithms to reduce file sizes (once
        storage/bandwidth becomes an issue)
Q&A (part 2)
   UI Info:
       Three screens
           Profile – user profile and settings
           Feed/Posts – Consolidated feed posts posted on strings I’m following.
            Segment controller {consolidated, strings, posts}
           Post button – select from list and post
       Pull to refresh
       Start upload process immediately after taking photo or video (while
        typing caption)
   Process:
       Users download app
       Create profile
       Create strings
       Specify privacy setting for strings {private: must approve follow
        requests, public: anyone can follow string}
       Create for example, Family, Friends, Close buddies, Professional,
        Football
Q&A (part 2)
       Invite friends to follow
       Friends sign up to Stringcast and automatically have
        strings followed populated (based on invite)
   String Examples
       Lady Gaga
           Close Friends
           Music Fans
           Fashion Fans
   How is your app different to Whatsapp? *
       Please leave the room.

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Stringcast Open

  • 1. Ali Hamidi (@ahamidi) Ash Bashir (@ashbashir) SWdxb 2012 Sign up for beta access: stringcast.com
  • 2.
  • 3. Existing Pain Points  Twitter  All or nothing controls  Either totally public  Or completely private  Difficult to follow conversations  Limited support for media  Limited to 140 characters  Path  Closed network  Unable to post publicly
  • 4. Stringcast is: + Strings + Media Categories for Text different Photos streams Video Voice Notes  Feature rich mobile blogging platform  Multi-media posts  Strings to categorise posts providing better privacy control  Stringcast: The reach of Twitter plus the richness of Path
  • 5. Social Media Expert View  Robert Scoble (@Scobleizer)  Scoble Says…
  • 6. Scoble Says…  “Google+ has beautiful photos and videos. Twitter? Just page after page of mind-numbing 140 character items.”  “What could Twitter do? … Let us add photos and videos into each tweet and, even, let us do that outside of the 140 character limit…”  “Google+ lets me publish a post to JUST A SINGLE PERSON +or+ to a small group of people, or, even, to a circle that has 5,000 members in it. Twitter has no such way to do this.”  “What can Twitter do? Revamp lists… This is Twitter’s weakest point…”
  • 7. Comparison Feature Privacy Control     Analytics  -   Threads/ Strings     Discussion     Multi-Media     APIs  -   Reach  -   Simplicity    
  • 8. Revenue Streams  In-app purchase for Pro users ($1.99)  Pro app has built-in analytics visible to user  Transparent affiliate link injection  Replace product links with shortened affiliate links  Promoted posts  Similar to you know what  Paid suggestions for strings & search  Relevant suggested strings to follow based on search term & list of strings user is following  Premium API giving automated access to analytics  Automated access for analytics for brands leading to Business Intelligence
  • 9. Costs vs Revenue Estimates (Monthly) Time Daily Active Users Costs Revenue Month 1 (June) 1,000 $6,500 $150 Month 2 10,000 $2,200 $650 Month 3 100,000 $1,200 $7,000 Month 6 500,000 $2,200 $32,000 Month 12 1,000,000 $15,000 $50,000  Costs  Legal/Admin  Hosting & Bandwidth  Creative/Design  For n>100,000 ARP(DA)U: $2.88 (Annual per user)  Funding requirement: $10,000 ARP(DA)U: Average Revenue Per (Daily Active) User (Annu
  • 11. End
  • 12. Q&A (part 1)  Go to market Strategy?  Create Minimal Viable Product  Get Beta users (Betalist/Twitter) testing via Testflight  Update app  Submit to App Store  Use Twitter to target Twitter users  Target geeks and early adopters  Use other social media  Iterate product based on user feedback  How will you cover costs?  By minimising costs  Bandwidth & Storage is cheap – Amazon Cloud Services  All marketing through social media  Use fancy compression algorithms to reduce file sizes (once storage/bandwidth becomes an issue)
  • 13. Q&A (part 2)  UI Info:  Three screens  Profile – user profile and settings  Feed/Posts – Consolidated feed posts posted on strings I’m following. Segment controller {consolidated, strings, posts}  Post button – select from list and post  Pull to refresh  Start upload process immediately after taking photo or video (while typing caption)  Process:  Users download app  Create profile  Create strings  Specify privacy setting for strings {private: must approve follow requests, public: anyone can follow string}  Create for example, Family, Friends, Close buddies, Professional, Football
  • 14. Q&A (part 2)  Invite friends to follow  Friends sign up to Stringcast and automatically have strings followed populated (based on invite)  String Examples  Lady Gaga  Close Friends  Music Fans  Fashion Fans  How is your app different to Whatsapp? *  Please leave the room.

Editor's Notes

  1. Shorter version of presentation presented at http://dubai.startupweekend.org/ 2012 with 2 minute time limit to present, with 1 min Q&A.
  2. http://www.gfktechtalk.com/wp-content/uploads/2011/06/Information-overload.jpgThanks for image to: http://www.gfktechtalk.com/
  3. Thanks to Robert Scoble for image.
  4. http://scobleizer.com/2011/07/17/google-has-made-twitter-boring-heres-what-twitter-should-do-about-that/
  5. Select Features
  6. Not the Q&A experienced.
  7. * After doing a demo presentation to a group of “mentors”, one of them actually asked that question. The actual response was not the one listed.