Working On A Startup Idea
Doing some market research: Wanted to see how many people here would prefer to date someone in IB/PE vs. dating someone not in the industry at all?
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is your startup idea some type of dating app?
It is, basically trying to make a Tinder for professionals in the finance industry
dont think it'll work honestly. Way too niche.
if im a consumer, id just go wherever there are the most users (potential matches) rather than a finance specific one, unless you prove out there is a market demand for people who want to date finance ppl specifically (which imo there isnt really any demand but im just guessing)
Think bigger. Would make more sense to make some sort of larger social hub for finance people and it could be relevant to those not in the industry with some educational / entertainment element (could restrict certain features to those confirmed in the industry via work email like fishbowl). If you want to make this app to build a matching product then fine, but startups are meant to be large businesses that serve increasing amounts of customers over time - there is simply a clear ceiling on finance professionals , let alone those who are in the market to date other finance professionals, and this is not something anyone is willing to pay $50+ for as you will have to make this work by insane pricing.
I like your idea of expanding it out instead of just dating/matching app. Was considering this myself so will look more into it.
This wouldn't work for a couple of reasons:
1.) The gender disparity in IB/PE (way more men to women in comparison to other industries)
2.) The industry is pretty small relatively (I don't want to match with someone/swipe on that I'd be working with/encounter)
3.) The League pretty much fills the niche of a dating app for professionals in high paying jobs
More importantly, you're not my mom's favorite analyst..... my brother is :(
Appreciate the insight. And condolences on your brother being your mom’s favorite analyst 😭
I prefer dating in women in IB/PE. Tons of high quality women in the industry and they understand the lifestyle. Very niche market if your thinking about a dating app
Understood, will definitely look into how to broaden it.
Have you tried asking HR at your bank to put on more social events? Alternatively if you don’t like the women at your bank have you tried lateraling to a bank with women you like more?
Can’t tell if you’re being a little sarcastic but regardless more events would definitely be a good thing.
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