One of my main todo items is to seek legal counsel on the legality of receiving transcripts; I’ll try to get answer by the end of the week. In the meantime, here is how I will address it.
Consumer needs and privacy issues
I don’t think it will be a problem, but it will raise a lot of eyebrows. My defense will be the fact that almost all employers
require that we send to them official transcripts from all of the schools we’ve attended. These documents help the employer to verify that what we said to them and what we wrote to them on our resumes is true. The other times when transcripts are so important are for enrollment into graduate school; these programs require that applicants are degreed from undergraduate programs. Bison hopes to maintain this high standard as well for the benefit of the Bison community. The people you will meet on our network are a “verified” a bit before they can participate fully.
Addressing revenue opportunities
From a money generating standpoint, the fact that people definitely have college degrees and at what level of degree or the type of field they studied would help Bison to provide targeted advertising. We will have criteria to use such as: average income per level of degree, average income based on type of degree, and other education related statistics to go along with all of the other demographic info we will collect.
Good point about the education level of users at competing dating sites. We will have to dig for this stuff, hopefully one of the competitors will be publicly traded and this info may be in their SEC filings. This type of information is critical for “selling” the idea if we need investment dollars.
Keep the feedback coming!
-john
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