
Swaypay: Not Boring Investment Memo

Previously, it was hard to imagine a retailer giving their valuable checkout space to an unproven startup.
Packy McCormick • Swaypay: Not Boring Investment Memo
For the action to be frictionless, it needs to sit in the checkout flow.
Packy McCormick • Swaypay: Not Boring Investment Memo
If I don’t post, I pay back my discount.
Packy McCormick • Swaypay: Not Boring Investment Memo
If I post, I keep the discount and Swaypay keeps the $5
Packy McCormick • Swaypay: Not Boring Investment Memo
I have 30 days to post a picture of myself wearing the shirt to Instagram
Packy McCormick • Swaypay: Not Boring Investment Memo
Shirt.com pays Swaypay $5
Packy McCormick • Swaypay: Not Boring Investment Memo
I buy a shirt for $60
Packy McCormick • Swaypay: Not Boring Investment Memo
I check my Swaypay discount: 40%!
Packy McCormick • Swaypay: Not Boring Investment Memo
I see a $100 shirt on shirt.com