Kudavi 3.2.2016
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Transcript of Kudavi 3.2.2016
Success Case: Las Vegas was built from desert land and is now worth $1.5M/acre (suburbs) to $40-80M/acre (strip)
Bringing and keeping people in Vegas: Casino owners paid to bring in very high quality entertainment to a destination that is a 4.5 hour drive from LA.
Kudavi Business Model: Create Location Desert Land, NV Land: $1.5k/acre
Las Vegas Suburbs Land: $1.5M/acre (1,000x)
Palo Alto Suburbs Land: $5M/acre (3,000x) Las Vegas Strip Land: $40-80M/acre (25,000-50,000x)
What Kudavi Provides (Native Apps)
Power Grid Private Security Grocery/Convenience Store Makerspace + Materials Fire Department Hospital Water Sewer City-wide Transportation Internet Housing
Go-to-Market Plan/Goals
1) Build online community around creating a new city in Nevada for creators and remote workers. 2) Develop social media channels: 1M FB/Instagram/Medium/Snapchat followers. 3) Buy 10 Acres of land in NV and host two large festivals.
Go-to-Market Plan/Goals
4) Raise $15M Series-A and purchase larger piece of land (2,000 acres) in Storey County. 2017 Budget ($10M) $2M Land Purchase $5M Entertainment ($100k/week budget). $2M Glamping infrastructure $1M Opex
Building a Developer Community
Residents develop other “apps”: restaurants, bars, schools, climbing gym, biotech labs, yoga studio, coffee shops, sports facilities, community gardens, movie theatre, performance theatre, day spa/hot-springs, retail, entertainment, gaming, etc. Very important that we have 10k+ visitors every Fri/Sat bringing money into Kudavi to sustain these businesses.