Inputs
- ABC is an aggregator platform similar to Uber, matching handymen service providers with service requesters (individuals or companies).
- Handymen can register to offer their services, and people can ask for
their services and use the app for services.
- ABC has over 50,000 active users and 3,000 handymen.
- ABC is in the process of seeking Series C funding.
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A question arises: Is ABC eligible for Series C funding? What are the requirements to apply for Series C?
Note: For the sake of time, I won't delve deeply into this aspect.
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Questions
- Does ABC target only B2C, or B2B as well?
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Let's assume it is currently targeting B2C and has plans to offer services to B2B and B2G later.
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- How is the 50K+ active users metric measured—annually, monthly, or daily? What's the definition of "active", requesting a service or simply opening the app?
- What is the total size of our user base?
- What are the current numbers for active handymen?
Assumptions
- The app has basic features such as browsing categories and services, selecting a handyman, and paying in cash or by credit card. It's almost similar to Upwork, with straightforward features and processes.
- For this task, I won't delve deep into regulatory aspects.
- This app is currently the only operating platform of its kind in the country.
- For this task, I will exclude internal and external analyses, market research, user research, and competitive analysis.
- In this case, I will focus on the scope of securing funding.
- ABC is offering very limited services and categories
ABC Company Goals for Securing Fund