DEMO.com > SocialWish

SocialWish

Conference: DEMO Spring 2010
Market Segment: Small Business Software and Services
Funding Amount: $0-$100,000
Funding Round: Seed
Funding Details: Self-funded
Competitors: Lottay.com, ChipIn (shutting down), Amazon's Universal Wish List, Wishlisting, Wishpot, From: everyone
Product Description: SocialWish makes wish lists universal and collaborative. Make a wish, for yourself or someone else, and share it with others on SocialWish to help make it happen. Wish for that new TV for you, camera for your friend or big donation for your favorite charity. Contribute any amount toward a wish, and make your donations publicly or confidentially. Crowdsource your dreams. If you can wish it, SocialWish can help it come true.
Market Opportunity: Amazon customers have created more than 66 million wish lists over the previous decade. According to comScore, online holiday spending alone reached $20 billion in 2009. SocialWish will generate income through transaction fees, credit card reload fees and advertising inventory.