This is beautifully designed and the Venmo integration is a nice touch.
But I'm honestly skeptical that splitting bills with friends, is a big enough pain point for most people to dedicated app just for this, let alone frequently. Many have attempted to disrupt (everyone, drink!) email and while email isn't perfect, it's good enough for most and encumbered with established habits. The same is true for splitting bills and collecting money between friends, imho.
That said, I haven't thought about this as deeply as @georgedotsmith and @javacuate. Curious to hear their thoughts.
@georgedotsmith@javacuate@rrhoover I think it is a pain point...but with how popular Venmo is I think many people would just request money from everyone who was there. But I am sure as this socially grows, and with its Venmo integration, could find its way onto many people's phones.
I believe an app called "Tilt" is also attempting to solve this -
Good luck and keep it up!
@javacuate@rrhoover Hey Ryan – cheers for the feedback on our design! Yeah, going out with mates is all about the experience and in our minds, settling the bill is the worst part of it. So we want to make it both fun and really easy. We also think it’s a nice entry point for helping a range of other groups. Take you and your roommates for instance. Every apartment has that one person who has to manage the finances and we’re going to make it really easy for them.
@javacuate@rrhoover@sumeetj Hey Sumeet. Yeah we think Venmo is great which is why we used it to power the payments. We’ve set out to build something on top that’s dedicated to groups and that makes it really fun and easy for them to use.
App is already useful and solves a pain point, but credit card roulette feature is genius. @georgedotsmith do you guys plan to build more fun/social experiences around the payments and collection of money in the future?
I see the pain point, although having a dedicated app also seems a bit heavy.
I have a crazy idea in the realm of splitting social expenses.
I have a bunch of friends in long term relationships have set up joint bank accounts with their SOs. The reason is it is too much work to split expenses (bills/going out etc). So they contribute equally into the joint account. When they go out, they use that card. And so by definition, all shared expenses are split.
Can you issue a card or partner with (https://getfinal.com/) for easy social expense sharing?
@sidazhang Hey Sidney, that’s exactly where Glassjar started out. Our team is from New Zealand and literally every apartment there has a joint bank account like the one you described. So we’ve done a lot of work with them and making software for them. It’s a solution that's still very close to our hearts.
I wonder if this will hold up over time? If so, I'd be curious to learn more about the business model.
> "Are there any fees for using Glassjar?
Using Glassjar is completely free! Though Venmo may impose fees for certain transactions e.g. those made by a credit-card. It is your responsibility to check whether Venmo will impose any fees for the transactions you make."
Side note: That signup animation is super slick.
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Great job team 👍 Hard work pays off, huh :)
This looks like it would come in very handy. Dealing with money, with friends is currently such an awkward process. Let's hope you can solve this!
Helps you collect money from your friends so you can pay for things together. It works in seconds and only requires one person to have the app installed.
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