- Who are our competitors?
- What are the different market approaches?
- BPO
- RPA
- Why will Invisible succeed?
- We’re not the first company to have humans in the loop (ex. Scale, Mechanical Turk).
- The other compan ies are doing web scale and high scale processes (ex humans in the loop for driving). (We’re the most flexible offering in the marketplace).
- Why would an agent work for us?
- We pay by speed and quality, which aligns incentives around skill and performance
- We have a community of agents, and encourage and enable self-development
- They get to work with a more advanced platform and more advanced tools
- They get a flexible working environment, e.g. at home instead of from an office
- How does pricing work? How does pay interact with pricing?
- Wherever possible, we charge our clients a ‘per unit’ fee aka Results Base Pricing
- In turn, we link agent pay to these units so we can guarantee margins aka Results Based Agent Pay
- The margin for a piece of work against the operator’s agent pay is Direct Labor Margin
- How do we enable our agent model?
- How do we do this securely?
- Virtual Machines
- How do we pay them?
- For paying them we’ve had to build our own solutions, integrated with third party tools like Wise.
- What does “no employees allowed” mean?
- This revolves around ownership.
- Why don’t other companies set up partnerships like this?
- Most tech companies lose money, so need to sell more of the company to VCs thus there is less of the company to be owned by partners.
- How does the equity turn into money without IPO or acquisition?
- What are the other scale metrics for our business?
- How much revenue did we make last year?
- Gross Margins?
- Contribution Margins?
- Profits?
- What else?
- How big is Invisible?
- What are we tracking for in terms of top line revenue this year & next?
- Are we losing money or making money?
- If revenue doubled what would happen to net profit?
- How would you re-invest profits?
- High-level: Describe an ROI framework
- Low-level: Give some examples for Invisible