This networking app is a Tinder for budding professionals that functions similarly to the dating app by allowing two people to "swipe right" in order to accept and begin a conversation. While one algorithm is set up so that chats can only begin when both people have accepted, there is another that enables users to chat with people who haven't necessarily wanted to chat with them. This unique system is where the app gets its name, 'PIF' or 'Pay it Forward.'
The pay it forward system was designed so that for every unsolicited conversation a user accepts, they get to start one with someone else. This is great for young professionals in the start-up world who want to connect with more experienced contacts -- individuals who may not initially see the inherent value in speaking with them. By being set up this way, this Tinder for entrepreneurs gives users control over how many "unsolicited chats" they have the potential to engage in.
Start-Up Networking Apps
This Tinder for Entrepreneurs Lets Users Pay It Forward with Right Swipes
Trend Themes
1. Startup Networking Apps - New networking apps are allowing startup professionals to easily make connections and build their networks, presenting an opportunity for app developers to create targeted networking platforms with unique features.
2. Pay-it-forward Models - The creation of pay-it-forward models in networking apps provide unique incentives for users and presents an opportunity for businesses to integrate altruism into their products and encourage users to help each other.
3. Matching Algorithms - Incorporating matching algorithms that enable communication only when two people have both liked each other, and those that allow unsolicited conversations, creates different user experiences and presents an opportunity for app developers to create new and innovative matching algorithms.
Industry Implications
1. Networking Apps - The rise of networking apps presents a growth opportunity for entrepreneurs and startups looking to develop novel networking solutions that can cater to a wide range of audiences.
2. Startup Incubators and Accelerators - Incubators and accelerators can integrate these new networking solutions into their programs and offer additional value to their clients.
3. Human Resource Technologies - Pay-it-forward models and matching algorithms present an interesting opportunity for HR tech companies to create innovative solutions for employee networking and mentorship within corporations.