We have received a new app pitch to Dragon’s Den in Cortex City. It’s submitted by Kristin Widjer, one of our creative citizens. In case you don’t know how we work with Dragon’s Den, here’s a quick introduction.
- Someone comes up with a great idea for a product/application/solution, but cannot realize it on their own.
- To get some help, they submit it to Dragon’s Den in Cortex City for evaluation.
- If enough citizens like the idea and are willing to help build it, we do it.
- The normal case is that we do it for free and we give it away for free when citizens come up with ideas. We are philanthropists (or know secret ways to monetize free stuff).
The easiest way to submit an idea is to get in touch with The Mayor, who will make sure that it gets on the agenda for the city council.
A mobile app that automates splitting the tab for a girls night out, a golf trip, or something else that usually requires scratching of heads, long Excel calculations, pen, paper, and sometimes heated debates on who was eating this or that, drinking here or there, and going in that taxi or that bus.
The problem should be well known to almost everyone. And we have a great reference case to share with you to show how complicated things get, quickly.
Four friends in Berlin
Picture four long-time friends, going on a weekend trip to Berlin. Three drive together to and from the airport, one takes the train. They eat some of their meals together and some separately. They drink (too much, I presume) fancy drinks together, and sometimes on their own. They give each other money in a preemptive attempt at getting even, or just getting rid of a €50 bill. They mix and match currencies depending on what happens to be available. It’s more than enough to make an accountant feel sick.
Going back after a superb weekend packed with singing, eating, dancing, drinking, and shopping, they are faced with the challenge of sorting out the financials. As any group of friends would do, they give the task of calculating who owes how much and to whom to the most orderly of the four. (Oftentimes, there is no orderly friend to give this task. But hey, everything’s relative.)
Needless to say, it’s a daunting task to get the numbers right. Basically, you need a degree in economics, mathematics, and last but not least be trained in forensic science — because there’s no way that everyone will have accurately recorded all transactions.
Do you recognize the situation or do you think I’m exaggerating? Allow me to present exhibit A and B to the jury. It’s supposedly the simplified calculation belonging to the four friends. Real-world evidence, if you will.
No further questions, your honor. It’s clear that getting a fair share, something friends care deeply about, is really hard work. And it shouldn’t be. I found this telling quote in one of the emails leading up to the splitting of costs for the Berlin trip:
With the FairShare app, everything becomes easy. You create an event, and then invite your friends who immediately get a notification. Now everyone can add their bills and financial transactions from their phones, including who participated, images of receipts, and whatever else is deemed important. Everyone can see the progress and current financial splits at any given time. When the event is over, you agree to the list of transactions, and the FairShare app tells you who should be paying whom, and how much. It’s a lifesaver!
FairShare will save you time, reduce headache, increase the chances of everyone getting their fair share, and will virtually eliminate financial friction between good friends.
It’s time to act!
Now, dear citizens of Cortex City, the ball is in your court. If we are to build this app, we need to configure a team to do the work. The ideal setup is 5-7 people to form an agile dev team. Post your comments below, and get in touch with The Mayor to volunteer.