Market needs Cab Share Couldnt grab a cab
Market needs Cab. Share Couldn’t grab a cab off the street? Running late? Feeling the pinch on your wallet? Cab. Share: A convenient, fast and cost-effective way for you to take and share a cab! KNOWLEDGE FOR ACTION Eugene Bord, Sook Fen Lew
Solution description Cab. Share App features Benefits • Saves daily Wharton user >$450 annually! • Convenience: Allows for sharing of cab between users who are traveling to the same area & on the same route (“on the way”) • Planning: Allows users to post planned trips (e. g. to airport, train stations) in advance • Safety: Check cabsharer’s “creep factor” through user ratings & feedback • Hassle-free payment split: automatic fare calculation & deduction from credit card – no hassle with change KNOWLEDGE FOR ACTION • Saves user’s time! Monetization • We earn percentage off each transaction
Our Market and the Problem Luggage Market TURBO NATO Team: Mylynn Mu, Yang Song Key Problems 5% growth in developed countries 20% growth in High margin $30 bn market size Fragmented market structure 6/7/2021 developing countries Samsonite accounts for 9% of total market Heavy Manual Slow 3
TURBO NATO Our Solution Team: Mylynn Mu, Yang Song • Self-travel • Smart Apps • • 6/7/2021 Auto-lock and unlock Location tracking Weighting Alarming 4
Pad Swap Problem Don’t know what to do with your empty apartment this summer? Thousands leave their apartment unoccupied for months at a time and receive no compensation Rent $2, 000 per month Insurance $150 per month $2, 250 per month LOST Maintenance service $100 per month 5
Pad Swap Solution - Guaranteed payment of 75 -100% of your monthly rent - Free storage and safekeeping of valuables - Return to a professionally cleaned apartment Renter 5 Minutes Pad Swap Short-Term Rentals Office Space Endless Opportunities Isidoro Tapia & 6
The Marriage Challenge FEAR IGNORANCE COMPLACENCY $ Financial Incompatibility COMPLEXITY Before Your Say I Do Ankit Saxena & Louisa Wandabwa 7
Our Plan q Target 22 -40 yr olds pre-marriage ~ 75 m q Appeal to couples before and continue engagement after marriage q Start in large metropolitan areas (NYC, San Fran …) q 1 time fee for report q Slice of revenues from wealth management firms q Fee from recommended companies e. g. hotels, cell phone, restaurants etc Before Your Say I Do Customer Product Strategy Revenue Strategy q Provide partner’s financial history (spending habits, debt level, assets, credit scores etc) q Provide platform similar to Mint to manage combined finance post marriage q Address security concerns through bank level data security and 3 rd party certifications such as Hackersafe Marketing Strategy q Wedding Planning Sites : The Knot etc. q Wedding Planners q Pre-nup Lawyers q Eharmony, Its Just Lunch, Ok Cupid Ankit Saxena & Louisa Wandabwa 8
What are Retailers Missing Difficult for Customers to Locate Multiple Products Difficult for Store Owners to Gather Customer Purchasing Habits Madhu Kagwad & Inna Rudsky
Whats. In. Store Customers Input Product Wishlist App Generates Shortest In-store Route Promotion & Sale Notifications At Your Fingertips Your Mobile App Solution for Easy In-Store Navigation
Travel Sentry • Roam Safe ® • Route Safe ® The safest way to explore your world. • Plan Safe ® Brent Ellis & Girish Nanda - OPIM 614, K. Ulrich - Spring 2014
Aggregate Data on Crimes by City: City Philadelphia New York San Francisco Population 1 Violent crime Murder Rape Robbery Aggravated assault Property crime Burglary Larcenytheft Motor vehicle theft 1, 538, 957 8, 671 184 440 3, 694 4, 353 27, 062 5, 579 18, 362 3, 121 8, 289, 415 24, 769 192 552 9, 410 14, 615 68, 171 8, 685 55, 640 3, 846 820, 363 2, 767 38 55 1, 601 1, 073 17, 987 2, 643 12, 910 2, 434 Arson 2 104 FBI Crime Statistics by City in 2012 To be collected through police station statistics For each crime Type of Crime Geographic Coordinates Time MVP (Minimum Viable Product) Native mobile app with database functionality Cost $25 k Development Time 3 months Brent Ellis & Girish Nanda - OPIM 614, K. Ulrich - Spring 2014
+ Traveliss Ultra-smart, curated itineraries for refined tastes. Market Need: n Discerning travelers want to be in-the-know on special happenings & cultural events when they travel. n Food & Nightlife n Art & Design n Shopping & Fashion n Cultural Festivities n Time & travel constraints, but specific interests n Want trusted, simple, specific, up-to-the-minute resources Trusha Chokshi & Bobby Dean
+ Traveliss Ultra-smart, curated itineraries for refined tastes. + + } Identified Solution: n Simple, “experts-based” model utilizing traveler prototypes n Recommends itinerary in city of interest n Imitates trust through user connection to a prototype n Generally: n Itinerary of optimal experiences & special events n Organized into dynamic itinerary for storing, sharing, & rating n App-based travel logistics Trusha Chokshi & Bobby Dean
Single School Tech Transfer • • Limited Breadth No Scientific background No connection to inventors No Market sizing/Business Background Aggregator • No background • No connection to inventors • No Market sizing/Business Background
The. Next. Big. Thing Promising Cancer Drug • • • Related Technologies: ² Cancer Diagnostics ² Medical Devices ² Surgical Instruments $5 B Market for Cancer Tx Proven effective in Rabbits Publications Email Inventor Input from Experts Ask our Experts ü Technologies from all top Schools ü Integrated Business Sizing ü Expert Opinions ü Links to relevant publications/data ü Access to the inventors ü Entrepreneur Friendly ü Natural Text Search ü Business Development based Search Partners By Frank Brodie & Ben Pasternack
Free Flow Eau The problem Our solution § Importing water and ice after an natural disaster is inefficient since it takes long time and is expensive § Integrated water purification, ice making, and communications unit housed in a standard 40’ shipping container § The technology necessary already exists and is sometimes deployed during emergencies (see photo) ▪ ▪ ▪ The competition Our competitive advantage OPIM 614 - Innovation Ice for food preservation and medical uses Communications unit Potential for efficiencies Julien Bosche, Seb Brito
Orders of magnitude How bad are natural disasters? From the WHO: Almost 2 billion people were affected by natural disasters in the last decade of the 20 th century, 86% of them by floods and droughts 1 The math… ▪ Unit can provide for a population of 25, 000+ consuming 4 L per day( drinking 2 L per day, 1 L for cooking and hygiene, 1 L of ice) ▪ Using Costco’s bulk water pricing (865 L for $360), ~$40, 000 in revenue per day per unit ▪ Operating costs: onetime delivery and removal, diesel, occasional maintenance ▪ Cost per unit? ~$60, 000 in materials 2 But who do you charge? ▪ UN; Red Cross; local, regional, and national governments 1 http: //www. who. int/water_sanitation_health/publications/factsfigures 04/en/ 2 http: //www. echotecwatermakers. com/industrial_commercial_reverse_osmosis_systems_RO 24. htm OPIM 614 - Innovation Julien Bosche, Seb Brito
Harman Singh Narula Chris King Foodie seamlessly connects with your online food ordering platforms to track your order history & make recommendations on what you should order next to maintain a healthy diet and explore new cuisines. Large Market 12% 88% Positive Macro Trends Shift to Healthy Eating Online/Mobile ordering Online restaurant booking 88% of individuals (ages 18 -35) order out at least 4 times a week KNOWLEDGE FOR ACTION
How Foodie Works User connects online ordering accounts (Seamless, Grubhub) & provides eating goals (healthy, diversity) Foodie captures all order history and breaks down meals by type of food and nutrients. Foodie learns what you like and dislike, and provides recommendations on what to order dependent on your goals Foodie gets smarter as users provide feedback and reviews of the food they are ordering Users are easily and quickly able to keep track of what they eat, and achieve eating goals KNOWLEDGE FOR ACTION Value Proposition for Users v Keep track of what you have eaten v Achieve eating goals v Part of community for recommendations & reviews v Discover new restaurants & cuisines v Learn about special offerings and discounts
Book. Drop Reasons respondents bought physical textbooks Prefer physic al books 53% No ebooks availab le 47% 86% of respondents buy their textbooks from online sources, but more than half of these respondents bought physical textbooks simply because * Number of survey respondents electronic versions were not How respondents prefer to dispose their textbooks Keep or donat e 28% Excha nge for ecopies 19% Sell 53% 81% of respondents would prefer a convenient way to sell or exchange their textbooks for e-copies while 19% would prefer to keep or donate them
Book. Drop Convert Book Stacks into Portable Resou Drop your old hard and paperback books at convenient drop off * No more clutter, no boxes to locations move, no lost information Get cash, gift card or an e-Reader version * Book. Drop makes money on the resale Ally Gorin & Ifedayo Ori
Market Need Cost • Urban childcare is EXPENSIVE • $14, 000 on average • $26 -28, 000 for urban parents Convenience • Urban childcare is INCONVENIENT and INFLEXIBLE • Limited hours • Constrained parent schedules Immersive Language • No added educational benefits • Live-in au pairs have constraints mandated by federal government • Separate room for living space • Work hours capped at 45/week KNOWLEDGE FOR ACTION Kelly Cheng and Cathryn Chu
Solution – Office Au Pair Network • Au pairs that have been vetted and with background checks • Immersive language options based on diverse au pair pool Costeffective • All federal requirements met (e. g. , housing, documentation, stipend, work hours) • Significant cost reduction through labor savings Convenient • Extended business hours to accommodate demanding work schedules • Easy drop-in and online booking system to accommodate busy parents KNOWLEDGE FOR ACTION 26
Global Subway Pass Solves Two Major Problems Barrier #1: Each city uses a proprietary payment “instrument” Barrier #2: One must convert money to transit credit in advance of taking trips X • Cards, tokens, and other instruments are difficult to purchase in advance • Purchase may require waiting in line at kiosks or making side trips to newsstands or convenience stores • This leads to inefficiency and wasted time, discouraging use of public transit for short visits Zac Mc. Clure • Once the payment instrument is procured, the user must commit a certain amount of money to it (e. g. , Metro. Card credit, number of tokens) • Since transit credit is not fungible, and fares are unfamiliar to tourists, this results in annoying under or over commitment of unrecoverable funds Matt Mouradian
Rosetta Pass: A Global Solution johannesburg buenos aires
SHARE-WITH Ø Disconnect between supply and demand of visual content Ø No means to measure “success”/virality of an image in social media Ø Lack of a marketplace for photographers Sarah Eversman Elyse Lipman
SHAREWITH PROVIDING VISUAL CLARITY
Décor Bunny E-Commerce Platform RENT Samples to your door Online selection & payment REDOCORATE RESTORE
Furnish and decorate your pad with ease Key Benefits 1 Hassle-free panting, decorating, and furnishing 2 Timely service by certified professionals 3 Ease of e-commerce + seamless execution 4 Restoration upon moving to avoid penalties
Mismatch between students and employers Students can’t find the job that fits them best. Employers can’t find those students who are the best fit for the job Allan Chen, Surin Kim
2 -Week Internship Programs to match right people Intern. Exchange. com For Your 2 -Week Internships From your preferences Recommended for you Sign me up! Show me a new line-up Allan Chen, Surin Kim
Why do young adults struggle to save? Diahna James | Awo Addo | OPIM 614 | Opportunity Pitch 2
DEALVEST Saving made simple A savings app that is. . . Convenient Customized Social Rewarding Diahna James | Awo Addo | OPIM 614 | Opportunity Pitch 2
Digital. Express Uber for Package Delivery Dom Fotso, Lane
Digital. Express Dom Fotso, Lane
Charles de Villaines, Thorben Scheidegger Scribe: Affordable, accurate real-time captioning Problem Current solutions expensive & inaccurate Stenographers & sign-language experts expensive and inflexible • Cost ~$150 per hour • Must be booked weeks in advance Product Scribe: Superior accuracy at lower cost Mobile-based solution: Use via smartphone Combination of crowd-sourcing + software • Audio sent to multiple non-expert captionists • Algorithm merges outputs, minimizes errors 3 -5 x cheaper than expert solutions Technology solutions affordable but inaccurate • Only capture 30 -40% of real speech 2 -3 x more accurate than existing tech Available on demand, in small increments 39
Charles de Villaines, Thorben Scheidegger Significant market and specialized team in place Market Team Applications in education and TV Highly technical team + disability focus Universities • 20 k deaf students in US • $450 M market today • Legal obligation to accommodate Real time television • >$50 M government budget • Dominated by few players Serendipitous events • Business meetings • Public services accessible to deaf Award-winning computer scientist • Jeffrey Bigham, Associate Professor at Carnegie Melon University • Specialized in human computer interaction and assistive Partnership with National Technical technology Institute for the Deaf, Rochester University • Software developed on-site at Rochester Institute of Technology • Tested with students Offline captioning • Medical transcriptions • Meeting minutes 40
the SIMPLE GUY Custom tailor and dry cleaner serving the ‘simple guy’ Richard Cheng Wendy Zhang
5 customized outfits • Dry clean Worn outfit the SIMPLE GUY: save space + time. Look your best all the time! Pick up worn and dirty outfit from your doorsteps Deliver to your doorsteps
Could buying wine get any better? Frequency of Wine Bottle Purchases 83% 61% 56% Facts: 88% 1. Preference for wine has increased by 20% to the point where it is now at parity with beer 66% 53% 39% 26% 16% <$10 12% $10 -$20 $20 -$30 $30 -$50 All Respondents >$50 2. Per capita consumption of wine has increased by nearly 30% in the last 10 years 3. Most wine is being purchased for immediate or near immediate consumption (90 -95% is being drunk within a week of purchase) High End Buyers Source: Wine Council Market The challenge remains in the selection process. “I assume more expensive wines are better because I’m not educated enough to know. I’d like to take a picture of a shelf and to identify what is the steal. ” –an 18 -29 -yr old wine enthusiast Seema Gunda Salimah Nooruddin
Simplify Wine Selection with Pocket Sommelier The one stop app for wine purchases Wine selection in 3 easy steps Pocket Sommelier Restaurant Store 1. Take a picture of a wine store shelf or restaurant wine list Ø Pocket Sommelier will scan and register all wines 2. Indicate preferences based on budget, wine type, user ratings, food and more Ø Pick the filters that matter for you Keep picture? 3. Purchase and enjoy! Ø Pocket Sommelier uses your preferences to generate “Your Selections” Pocket Sommelier Red Type Price $5 Body Light More Filters Your Selections $200 + Full
Yogio – Elliot De Santo & June Chang Who doesn't’t savor ethnic cuisine made from authentic ingredients? KEY LIMITATIONS: Accessibility Knowledge Application - Traditional grocers do not carry extensive offering of ethnic ingredients - Ethnic grocers are remotely located and specify based on cuisine - Language barrier makes products difficult to understand - Local customers unaware of what’s ‘authentic’ -Little guidance on Portion size and preparation techniques - Ingredients used for 1 ‘staple’ rather than range of dishes
Yogio – Elliot De Santo & June Chang The integrated online ethnic grocery store and cookbook Recipe repository featuring signature and fusion dishes Recipe innovation tournament and rewards to users via Start from scheduled delivery to same day delivery eventually 1. Yogio curated recipes - Star chefs - Yogio creative team 1. Competition -Innovative recipe tournament each week - Based on # of recipes, users get various titles 1. Smart inventory - Carries the most popular ingredients via text mining - Focusing on spices and grains early on 2. Crowd sourced recipes - Users can build own recipes using available ingredient blocks on Yogio 2. Impression on delivery 2. Recognition/rewards - All delivery will include - Every recipe is reviewed recipe for the dish with 5 star ratings - Referral bonus $5 for new - Delivery will be made in bright orange box user recommendation
Ivity The Need …At the Physician Level Inefficient Care Issues $3, 837 $2, 992 NETH UK Higher $3, 895 $3, 357 $3, 588 $2, 454 AUS GER Overall HC Ranking NZ CAN US primary care practices are not leveraging current technology: Ø Practices w/ High Clinical IT functions $7, 290 US 100% 80% 40% 20% 89% 91% 92% UK AUS NZ 54% 60% 14% 26% 36% 0% CAN US GER NETH Lower Opportunities Ø Macro $8, 000 $7, 000 $6, 000 $5, 000 $4, 000 $3, 000 $2, 000 $1, 000 $0 The Broader Need… Ø Ø Micro HC Expenditures / Capita Rex Carazo & Alex Kerr Ø Untapped Market: Only 26% of US primary care practices can demonstrate a high clinical IT functionality $18 BN in federal funding for provider IT and EHR upgrades Surveys show that HC providers strongly believe that increased patient engagement and data collection can increase HC efficiency Proactive care: predictive analytics and alerts driven by real-time data and population-level analysis
Ivity The Solution Rex Carazo & Alex Kerr What is it? 1 Capturing New Universe of Data • Leveraging the proliferation of wearable technology capturing daily behavior 2 Physician Data Tracking & Offering • Saa. S offering for realtime analysis of relevant health indicators 3 Patient Engagement Offering • Tablet offering enabling richer doctor-patient engagement 4 Payor Data Tracking & Analysis Offering • Saa. S offering allowing in- depth analysis of real-time data across populations The Value Proposition 1001011 0 1 0 0 1 1010011010 Patients • Higher utility from wearable tech devices • Lower insurance premiums Physicians • Deeper insight into patients’ lives in between appointments • Stronger patient relationship Payors • More, real-time data to improve underwriting practices • Potential channel for influencing customer behaviors Better Health Outcomes Who Pays? The players that benefit monetarily Payors • Employers • Public • Insurers
Storky Market + Problem 4 million births in the U. S. each year Over 1/1000 babies die within the 1 st year Costs U. S. healthcare system $26 billion/year Patrick Burns + Joel Englander Unknown causes – temperature, position, etc.
Storky Education Monitoring • Audio • Vital signs • Environmental • Tracking • Analytics • Benchmarking • Best practices Armband with built-in Pulse oximetry capability
Phone. Charge Card – Ezequiel Baril & Murat Kalkan • Almost 50% of the US population currently owns a smartphone • This number is projected to keep growing • 75% of smartphone users run out of battery at least twice a week • 50% of smartphone users run out of battery daily! Only 28% of the smartphone users who frequently run out of battery uses a current solution to address the problem
Solution: The Phone. Charge Card The first credit card-sized lithium polymer battery you can carry on your wallet at all times to save your day, and keep you connected to life! Female Micro USB Connector (for charging battery) 53. 98 mm Only 2 x as thick as a regular credit card 85. 60 mm Retractable male Lightning/Micro USB Connector (for charging phone)
| Need: § Young professionals often experience physical and mental stress from working for long periods at the desk Solution: § Exercise can boost creativity, reduce stress and increase overall productivity, but people rarely use the company gym § AERO, a professional cycle chair, is an accessible way to relieve stress and exercise while at work
| Opportunity and feasibility: Initial consumer feedback: § Office furniture § “Seems like an awesome manufacturing $23 BN industry § Gym and fitness market is a $27 BN industry § Use of existing technology § Aerodynamic chair § Cycling machine idea! It helps keep your blood flowing and clears your head” § “This would be a great stress reliever during work” § “It’s like going to the gym but without all the hassle”
Smart Invest Need: Students don’t want to think about their financial decisions Yiwen Lool & Stephanie Lai
Smart Invest Free, actionable advice on how to use your money 1. Complete quick survey • Financial position • Risk tolerance • Financial goals 2. Get optimal allocation Everyday expenses Loan repayment Investments
16 M 160 K gifts sold via Giftlly Potential Customers (USA) $2. 3 M Needs… • • • Projected Revenue in 1 st Year NOT knowing what to buy for loved ones and clients NOT having the time to do comprehensive research FORGETTING important dates for giving gifts Gift Concierge Jonathan Lim & Jing Guo
Our competitive positioning For the busy young professional who struggles to find the ideal gifts for loved ones/clients, Giftlly is a premium service that takes away the challenge of researching and provides a choice of curated gifts that is both thoughtful and suitable. Important dates and personalized data (e. g. like/dislike) Enter this set of information into Giftly app Curated gifting solution = Giftlly Butler: At your service Giftly will curate a set of premium gifts based on the information entered Wrapped and delivered Once you select the ideal gift and cash out, Giftlly wraps and delivers right to the recipient’s door Gift Concierge Jonathan Lim & Jing Guo
Too often, we move and lose contact with old friends. We need a better way to keep in touch than facebook. Meet Someone Build a Relationship Move / Graduate / Change Jobs (~2 years) Use Social Media to Learn about Big Life Events Inflection Point: Deep Interaction or Relationship Degrades Lose Friends Existing Social Media: Facebook and Linked. IN KIT: Your new end-to-end personal life relationship management tool Allows you to keep up with friends’ big life events, but only at a very shallow depth § Facebook’s algorithms ensure that you’ll know when your friends get married, have kids or post a really pretty selfie § Instagram gives you deep insight into, well, what color palates and filters your friends like § Linked. IN will ask you to congratulate connections (not even “friends!”) on their new jobs, or when they graduate from university or a graduate program Allows you to maintain deep personal relationships by reminding you, facilitating meaningful conversations and customizing shared experiences. OPIM 614: Michael Kuritzky & Kurt Brinner 59
Existing “wave 2” products are fragmented & incomplete. . . people want an end-to-end solution: KIT is a one-stop relationship management tool that addresses customers’ pain points comprehensively Existing Solutions First Touch: Make More Memorable Connections Reminders: Answer Real Friends Emails / Call Your Good Friends Have Fun: Plan Events with Geo-located Friends Deepen Existing Relationships: Find Common Bonds - KIT provides reminders to facilitate meaning (both in Japan last summer, both read “book X” within a week of meeting) - HUMIN is in private beta; anyone have access? - KIT knows which emails you should respond to & who you should (and haven’t!!!) called in too long Real Call ! John - KIT plans events for your future - KIT knows both, and finds cool events customized for your friends, on demand. - KIT finds trends in your conversations (political wonk, movie buff, wine aficionado) and suggests ways to deepen your relationships through future shared experiences OPIM 614: Michael Kuritzky & Kurt Brinner 60
Tired of wasting precious time looking for parking space? And when you find one, don’t you hate it is always far? Looking for cash is another punishment you don’t deserve
Park. Sens § Park. Sens is an app that provides drivers with a convenient way to park. § Using a smartphone, users can reserve the most convenient parking spot in advance and get billed directly to their credit card, § No time wasted, no carrying coins, no hassle
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