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Team Igor Grinkin Co-Founder, Technical background Ex-Googler Nikolay Grishkun Co-Founder, Business background Don Campbell Business and Marketing Advisor 2
Problem No real-time communication with people around us. It’s not easy to meet new people based on interests. Can’t find players for volleyball game in real-time 3
Problem - Facebook 4
Problem - Tweeter 5
Problem - Meetup 6
Solution Powerful GPS search engine driven by users Proximity app Real-time Built-in mobile GPS search Chat 7
Product Put ALL active users on the map Search by tags Meet new people Intuitive interface Full Privacy control 8
Product Ultra-simple registration (just like people in the streets) Reputation index 9
Differentiators tagMap Gems Delicate approach to a delicate problem Visibility button Favorite users 10
Validation tagMap is International 4.5 rating in Google Play (485 reviews) 1600 recommend on Google+ 11
Validation In 6 month 65K downloads 40K users signed up 16K active last 30 days 2K active users per day 1200 engaged Engagement Multiple messages per session 70% less than one day between sessions Over 3 min average session vs. 62 sec Facebook average 12
Validation 13 Messages $200/day ads 300 engaged users
Validation 14 Messages $50/day ads 1200 engaged users Critical mass
Market Worldwide app revenues $12 billion 2013 – $20 billion 2017 – $63 billion Number of mobile phones will exceed World population by % use phones for Social Networking By $30 billion industry 15
Comparisons Facebook/Google Plus ◦Facebook – 727M daily, 80% non US, Q ◦Google+ – 300M monthly, Q Messaging Apps ◦Line – $194M (Q3 2013), 48% growth over Q2 300M users, ◦Twitter - $169M (Q3 2013) Dating apps ◦Zoosk – over 25M active, $40M Q ◦Badoo – 200M (~45M active), $200M
Business Model In-app purchases: stickers, pins, etc. Icons to businesses. Loyalty points 17
Forecast M
Asking Looking for 0.5 – 1.5 mil in seed. 19
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