Download - AskU Investor Pitch

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Page 1: AskU Investor Pitch

AskUTyler MandryKeith PattisonJoshua Dover

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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.

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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 don’t know?

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A Lean Approach

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Students Need Help

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It’s 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.

AskAgs.com

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Explosive Growth

11,000unique visitors

1,200answered questions

90%answer rate

roughly 25% users this month used it

10 timesor more

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Explosive Growth

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AskAgs askU

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Reaching Students

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Reaching Students

Current: $ 2.9 billionProspective: $13.2 billionTotal Market $16.1 billion

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Reaching Students

Total Market $16.1 billion

● Online advertising is 200 times more cost-efficient per impression

● Targeted advertising is 2 times more effective

● Tracking effectiveness is impossible in print

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Competition

● Knowledge markets○ Quora○ Stack Overflow

● University services● Third party services

○ FreshmanSupport.com

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Our Advantage

● Intimate understanding of the problem● Ability to navigate in university hierarchy● Technical supertalent

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Scaling our Success

1. Make a success story out of A&M○ Users: We’re 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

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What We Need

● Branding: $4,500● Advertising: $500● Campus Ambassador Program: $1,500

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Questions