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Mymuse BP Presentation
Mymuse BP Presentation
Software Application
By: DayLee Rivera, Andrew Patsios, and Tyler Tran
Executive Summary:
524 MyMuse
Secure
Investors
Millio
n
● No CollaboratIon
● No Social Interaction
● SP Aggregator
● Negotiate Agreements
● No Protection IP
● Secure Funding
Company Description:
MyMuse significantly enhances music streaming experience by linking together subscribers across multiple (competing) platforms
thereby extending social community outreach, subscriber engagement, and exposure to members with widely varied and diverse musical
● Three founders
● Boston, MA
● Privately Funded
● Scroll and see peoples new updates about songs they're listening to and new artists they’ve discovered
● Preview Songs
Target Demographic
● Young Adults (18-25)
● High School (13-17)
Sales:
Revenue will be based on advertising from outside businesses seeking to grow their sales
through our platform
● Weaknesses
○ Small - Resource Constraint | Depleting Cash
● Opportunities
○ Leveraging the Blockchain (Validate subscribers, Protect IP/Copyrights of artists)
● Threats
○ Uncertainty in securing early adopters with an untested model
Risk Assessment:
Risk Impact Likelihood of Degree of Impact Responsibility Response Plan
Occurrence (L,M,H)
(L,M,H)
Loss of IP and Jeopardize the L H Make sure the If plan is stolen or adapted by big
sensitive data unique concept, content being company, pivot into other ventures
could result in promoted isn’t too in
total loss of detail, keeping it
individuality vague
Not gaining Not gain enough M H Make sure content is Venture into more advertising options
enough traction active users to consistently such as adverts on websites etc.
from social media make the advertised and listen Reach out to influencers that have a
application to user feedback similar target audience and similar
financially feasible interests
Little Longer to reach a M M Make the platform Expand and accept more companies
advertisement return on attractive for that want to promote on the app.
requests on app investment companies to want to
advertise on
Distribution:
- App Stores
- MAINLY marketing
- Advertisements on different social media’s
- 20 dollars a day on each social media
- 3 months (September 1st - December 1st)
- Word of mouth; Influencers
Financial Request:
How much are we asking for…….. $550,000
Initial App Development…………….. $250,000
● Software Dev Salary and Hosting Server
App Marketing…………………………….. $125,000
Yearly App Maintenance……………. $100,000
Conclusion:
In Summary….
● MyMuse offers an opportunity to amplify the subscribers experience
● Establishing a coalition hub for bringing streaming SPs and their
subscribers together for the ultimate social engagement & artistic collaboration
● The timing is right with the advancements in blockchain technology
● The platform is nearing ready for launch
THANK YOU!
Questions?