chadlpowell
BloomThat (YC S13) is hiring engineers, designers and executors.
Y Combinator’s BloomThat takes a tech-savvy approach to sending flowers
BloomThat is Latest Startup to Stop and Sell the Roses
BloomThat (YC S13) is hiring iOS engineers and designers
Apply at http://bloomthat.theresumator.com/BloomThat is revolutionizing the $8 billion US flower market. Our investors call us Hallmark 2.0. We curate a small selection of awesome flowers, partner with local brick-and-mortar florists, and provide the logistical solutions to deliver anywhere in San Francisco in under 90 minutes.//// ProductOur current consumer facing product is an MVP responsive...
BloomThat (YC S13) Is Hiring
Apply at http://bloomthat.theresumator.com/About UsBloomThat is revolutionizing the $8 billion US flower market. Our investors call us Hallmark 2.0. We curate a small selection of awesome flowers, partner with local brick-and-mortar florists, and provide the logistics to deliver anywhere in San Francisco in under 90 minutes.ProductOur current consumer facing product is an MVP responsive...
We see delivering products (of any kind) in as fast as possible more inevitable than as our differentiator. For a large group of consumers, Uber has contributed to the shift of consumer expectations to mobile, instant and high quality.
We actually don't think of local florists as competition. Rather we partner with the good ones, provide the tools and training to make awesome arrangements, and bring in the urban logistics to make on-demand delivery possible. As you said, vertically integrating all of this new infrastructure would be way too capital intensive. There's a fairly new entrant to the market doing that now and it's taken a long time to hit a $4mm run rate.
On the consumer side of things, you're absolutely right. Great branding and awesome customer service will solve a ton of problems. Worst case for BT, a little bit rubs off on the incumbents and customers still win. Thanks again for your comment.
Most of our users are sending flowers in creative ways outside of the obligatory flower send occasions. For this reason and others, we see the total addressable market to be quite large. In fact, we've reached substantial small biz levels of revenue in a matter of months.
Delivery in 90 minutes is what allows people to send flowers in creative ways. But hey, we're happy to concede 90 minute delivery isn't a game changer these days - it's a requirement.
Our users tell us the power flowers arriving moments after leaving a meeting or closing a deal is quite real.
Thanks for your comment!
Existing online shops give florists a lot of leeway in the arrangements they put together. BloomThat, however, works very closely with our partners, providing exact specifications for each arrangement.
By keeping the offering limited and holding everyone to a high standard, we're able to ensure quality across the board.
At any time, about 80% of our flowers come from California, and the majority of those are grown within a couple hundred miles of their final destination. Thanks for your comment!
In fact, technology is what allows this to be possible today. Our API routes orders by zip code to guarantee quick and efficient delivery. Our vendor dashboard displays orders in real time to our floral and delivery partners. We'll also be releasing a mobile app soon that I hope you're able to checkout and provide feedback.
On multiple occasions we've delivered flowers to people in places and at times we never would have imagined. In June we delivered flowers to a person studying for the bar exam in a coffee shop. On Mother's Day we delivered several bouquets right to the brunch table.
It's very rewarding for us to see people use the service in ways never thought possible.
Magic Does Exist With “Uber-For-Flowers” Startup Bloomthat (YC S13)
To test this hypothesis, we tested in neighborhoods in San Francisco that had crowded business areas (like the Mission) and dense residential areas (like Nob Hill). Unfortunately this doesn't solve the peak demand problem, which mostly occurs in the evening and at night.
Thank you for the comment.
The Experiment That Killed P2P Parking
Get real, Steven.
Seed Funding: Is the convertible debt cap implied?
I bootstrapped a product and found early traction. I'm working to secure seed funding via convertible notes.My question is about the mechanics of the deal and the steps of negotiation. Assuming the angel investor does this often, is there an implied cap? Discount? Maximum dilution? How does this work with multiple angels?