2. trip lingo ross rankin
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Transcript of 2. trip lingo ross rankin
Instant LANGUAGE LEARNING for travel
Who is TripLingo?
Idea birthed out of need FOUNDED IN FEBRUARY 2011 Initial Product launched May 2011 Only one combining travel, slang, &
culture Raised $180K to Date from Angels
opportunity
FOREIGN LANGUAGE LEARNING
significant trends
Smartphone penetration
CULTURAL travel(4 years)
significant trends
LAZINESS
problem
Most travelers can’t maximize their travel experience
FEAR & FRUSTRATION CAN’T ENGAGE WITH LOCALS
“MARKED” AS TOURIST NO FLUENCY
Learning platform at your fingers
CUSTOMIZATION*
How TripLingo solves problems
*Patent Pending
SLANG SLIDER*
How TripLingo solves problems
*Patent Pending
CULTURE CONTENT
How TripLingo solves problems
MASTER PRONUNCIATION
How TripLingo solves problems
Better, Faster, Cheaper, Easier
BEST CONTENT INTELLIGENT LEARNING
NAVIGATE WITH EASE SECURITY
80% market coverage
We cover 80% of American travelers
Currently we offer 12 languages
Dual-pronged Business model
BUSINESSCONSUMER
Why travel companies work with us
AFFORDABLE
TECHNOLOGY
REVENUE
DIFFERENTIATION
revenue
• Consumer pricing - $10 per language / country
• Channel Partner Revenue shares• Branding Fees• content development fees
Achievements to date
Patents pending
USERSPipeline
Recognition & Awards
• Recognition:
• Awards:
finalist (upcoming)WINNER
WINNER
RUNNER UP
RUNNER UP
TEAM
60+ years of technology experience
JESSE MADDOX, CEO
ROSS RANKIN, COO
PRATIK PATEL, CTO
VINCE BASKERVILLEVP OF PRODUCT
JAMES MARTINCREATIVE DIRECTOR
KATIE ELIZABETHCMO
Conclusion
• large & growing market• unique & innovative product• B2c & b2b market traction• “Weapons-grade” team• Cash flow positive in q2 2012
Thank you
gracias