Date post: | 20-Aug-2015 |
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HomeHealthHubTRUSTedCare
Monitoring and streamlining the caregiving process
Number of people we spoke to total: 36
Nick BrotenJoe LevineKevin Zhou
Number of people we spoke to yesterday: 22
1. Active retail investors who do significant research before buying or selling: “stock nerds.”
2. Corporate financial analysts.
Both groups want to organize diffuse historical information, to make good buy/sell decisions.
Monthly customer subscriptions.Tiered?
Personnel. Marketing.Technical computing infrastructure.Subscriptions to paid financial content.
How do one decide whether to buy or sell a stock ?
Information overload!
Assumption: Investors want to take historical events into account when buying and selling stocks.
No convenient tool exists to aggregate or visualize this information.
We provide a single, customizable dashboard to store and display historical data.
Customers want a clean, easy-to-use, customizable web interface.
Free 1 month trial period to attract users.
Possible referral rewards.
Computing infrastructure(Amazon Cloud).
Financial time series data providers.(instantaneous, high time resolution)
Driving traffic to news websites.
Software engineering.
Marketing.
Engineers, news recommendation algorithm development.
VOID
Business Model Canvas v2Key Partners
Computing (amazon)
Financial data providers
Key Activities
Key Resources
Algorithms & expertiseto classify and rank news.
Value Propositions
Save investors time by organizing & curating news.
Casual investors are satisfied with Google finance and don’t need us.
Professional investors are not satisfied with Google finance etc.
- Lots of spurious stories
- Content not sorted by topic
- Chaotic historical content
- News not weighted by market importance.
- Want automatic high quality news aggregator.
Many existing news aggregators using human curated news.
Add insight?
Customer Relationships
Channels
Cost Structure
Subscriptions to financial data.
Technology infrastructure
Personnel
Revenue Streams
Retail investors will not pay.
Professionals will pay monthly fee.
Customer Segments
Two potential customers:
1. “Active” retail investors.
2. Professional investors.
VOID
Demographic TrendsThe elderly population is growing rapidly.
Number of new nurses has remained steady.
We provide a trusted online source of home health care.
We connect caregivers to hard to reach clients.
Reputation scores and management for caregivers.
To patients:hospitalsTo caregivers:Advertise at schools.
Elderly patients who want to stay at home, and their families.
Nurses and other home caregivers.
Network of trusted caregivers.
Vetting caregivers.
Handling payments from patients to caregivers.
Customer service personnel, insurance, sales team.
Percentage or fee per transaction.
Secondary markets, advertising.
What We Learned
• The caregiver-patient matching market is crowded– Care.com (109M venture funds, modern infrastructure)– Intel® Health Guide– Offline incumbents
• Matching markets don’t solve the key problems associated with the caregiver-patient relationship (abuse, trust, communication walls)
• PRESCREENING AND REVIEWS CAN’T PREVEN’T ABUSE (opportunities for abuse develop over time, trusted caregivers sometimes overstep their power)
Demographic TrendsThe elderly population is growing rapidly.
Number of new nurses has remained steady.
Hypothesis: existing players are waiting for demographic trends to produce a larger web-savvy customer base
Legal protection from fraudAn easy to use app to manage and monitor the caregiving processAccess to discretionary spending for elderly patients
(Possible) checkups
Robust customer relations staff
Elderly patients who want to stay at home, and their families.
Legal fees, direct sales, customer relations staff Subscription service?
Secondary markets, advertising.
Vetting caregivers
Network of trusted caregivers
Independence and empowerment as a caregiver
Matching sites like Care.com
Nurses and other caregivers
Hospitals, financial institutions
Community organizations and churches
Financial institutions
Medicare
Setting up contracts with financial and legal oversight. Managing payments between patients and providers.
Caregiver Trust Fund
Legal agreement limiting caregiver access to external account
Web/mobile system faciliating:• Expense management
Groceries Home repair Patient
discretionary spending
• Integration between multiple caretakers
• Checkups and bill payment
• Patient-family- caregiver communication
Patient oversight• Caregiver fees
• Household expenses
Caregivers Families