VentureScale Report #01: Curation Economy, Social Communities & Online learning
VentureScale Report helps first-time and second-time founders to identify new startup opportunities. Analyzing at the intersection of Internet culture, consumer tech, and platform economy. Get insights from research-based tech trends, product frameworks & revenue models to build your NewCo!
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Upon purchase, you can instantly download the full report. Contains 3 new startup opportunities breakdown, PDF format, 10 pages of insight.Â
What you'll get from this single report:
- 🔑 Breakdown of Startup Opportunity #1 (Helping others to start their own community, future of social networks)
- 🔑 Breakdown of Startup Opportunity #2 (Make money by helping others to curate, curation economy)
- 🔑 Breakdown of Startup Opportunity #3 (Unbundling Zoom, EdTech)
All 3 ideas combined, you will unlock:
- 🔑 3 new startup opportunities breakdown in 1 report
- 🔑 7 target audience definitions
- 🔑 10 problem definition examples
- 🔑 13 solutions and feature examples in detail
- 🔑 10 revenue streams you can create to monetize your startup ideas
- 🔑 20 in-depth evaluations on each startup idea and how to prove market potential and create competitive advantages
In this venture report, we will break down 3 ideas:
- Helping others to start their own community (Future of social networks)
- Helping others to curate (Curation economy)
- Unbundling Zoom (EdTech)
Tech Trends
(1) Verticalization of social networks. "Niche" social products are created to connect users with specific interests, audiences, or use cases. For example: Reddit is a social network for online forums; TikTok is like Instagram but focusing on short-form video content; Shuffle is like TikTok but for podcasts with audio clips sharing and social interaction.
- (📥 Full version) Help others to hang out with their peers. See—Startup Opportunity #1.
(2) Curation is becoming the new business model. People are paying money to access good quality curation. Curators are becoming the new creators. Flow State charges $8/month to get access to curated Spotify playlists. The Browser charges $5/month to access outstanding stories from the Internet.
- (📥 Full version) Help others to curate resources  and make money. See—Startup Opportunity #2.
(3) The future of classroom will be a totally immersive experience. COVID-19 has accelerated mass adoption of online education. New companies are created to help educators who are struggling to manage online interaction, lectures, and engagement with students, for example:
- (📥 Full version) Create tools to help teachers facilitate effective online teaching and enhance the learning experience of students. See—Startup Opportunity #3.
- (đź“Ą Full version) 3 edtech players solving the online lecture problems
#1: Find a workout buddy
A community-based workout app for finding a virtual workout buddy. Train together, stay committed, keep each other accountable and crush your fitness goals. Think GetMotivatedBuddies but for fitness.
For Who
- People who struggle with staying consistent with their exercise habits.
- (đź“Ą Full version) 2 more target audience descriptions.
Problem
- It’s easy to break an exercise habit when you are doing it alone.
- (đź“Ą Full version) 2 more problem definition examples.
Solution
- Accountability partner. Able to find virtual fitness buddies, set up exercise sessions, select availability on a calendar to meet their accountability partner via 1:1 or group-based sessions.
- Community events. Group-based workout events hosted by the users. Built-in event tool to host your own fitness events and build your fitness community.
- (đź“Ą Full version) 4 more solutions and feature examples in detail.
Revenue Model
- Subscription, $14/month. Charge users to access the full features of the platform, I.e.
- (đź“Ą Full version) 6 features you can charge money for
- (đź“Ą Full version) 3 more revenue streams to add to your pricing strategy.
Venture Scale
(1) Industries: Consumer Social, Fitness, SaaS
(2) Business model: Subscription, Freemium
(3) Market risk: ◼️◼️◻️◻️◻️ Lower because (1) virtual gym is becoming more familiar due to COVID and people are more likely to adopt at-home fitness
- (đź“Ą Full version) 2 more research evidence to prove the validity of the market
(4) Execution risk: ◼️◼️◼️◻️◻️ Medium because it requires the (1) ability to onboard, match users, and schedule 1:1 calls, which can be done through (see below) (2) Can you execute a product to truly differentiate? Since online fitness is a large market, therefore, higher competition risks in the same category with big players. The solution can be playing in another segment. For example, instead of competing with on-demand fitness class streaming, i.e. ClassPass, FitnessOnDemand, focus on becoming a "community workout app".
- (đź“Ą Full version) 3 tools for initial-stage product development to gain traction
(5) Moat: (1) Create an unfair advantage by owning the phrases “online fitness” or “fitness app”, through
- (đź“Ą Full version) 3 examples to own a phrase
- (đź“Ą Full version) 1 more way to create a business moat
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What you'll get from this single report:
- 🔑 Breakdown of Startup Opportunity #1 (Helping others to start their own community, future of social networks)
- 🔑 Breakdown of Startup Opportunity #2 (Make money by helping others to curate, curation economy)
- 🔑 Breakdown of Startup Opportunity #3 (Unbundling Zoom, EdTech)
All 3 ideas combined, you will unlock:
- 🔑 3 startup opportunities breakdown in 1 report
- 🔑 7 target audience definitions
- 🔑 10 problem definition examples
- 🔑 13 solutions and feature examples in detail
- 🔑 10 revenue streams you can create to monetize your startup ideas
- 🔑 20 in-depth evaluations on each startup idea and how to prove market potential and create competitive advantages
Instantly download the full PDF report