AskU Investor Pitch
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02-Dec-2014Category
Technology
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Investor Pitch Slide Deck for AskU
Transcript of AskU Investor Pitch
- 1. AskU Tyler Mandry Keith Pattison Joshua Dover
- 2. The need to know Only 40% of people at 4-year universities graduate in 4 years Minority groups and first-generation students are as much as 20% worse Uneven foundations: Everyone has missing pieces.
- 3. Mind the Gap How do people deal with questions? Ignore it Ask a friend (word of mouth) Ask more friends (social media) What if your friends dont know?
- 4. A Lean Approach
- 5. Students Need Help
- 6. AskAgs.com Its an online community that makes it easier to find answers. AskAgs makes the process of finding answers easier, letting you focus on the things that really matter.
- 7. Explosive Growth 11,000 unique visitors 1,200 answered questions roughly 25% users this month used it 10 times or more 90% answer rate
- 8. Explosive Growth
- 9. AskAgs askU
- 10. Reaching Students
- 11. Reaching Students Current: $ 2.9 billion Prospective: $13.2 billion Total Market $16.1 billion
- 12. Reaching Students Total Market $16.1 billion Online advertising is 200 times more costefficient per impression Targeted advertising is 2 times more effective Tracking effectiveness is impossible in print
- 13. Competition Knowledge markets Quora Stack Overflow University services Third party services FreshmanSupport.com
- 14. Our Advantage Intimate understanding of the problem Ability to navigate in university hierarchy Technical supertalent
- 15. Scaling our Success 1. Make a success story out of A&M Users: Were nearly there Make revenue 2. Leverage it to expand to nearby universities 10 by 2015 Student Ambassador Programs 3. Establish a consistent brand that becomes something people want at their university Facebook effect
- 16. What We Need Branding: $4,500 Advertising: $500 Campus Ambassador Program: $1,500
- 17. Questions