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Title:

Widget, Inc'

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Target - middle market businesses $15-25m. 9,200 current ... Electro Deluxe Technologies. Lone Star Design. Co-funded launch agreements secured. Talented team ... – PowerPoint PPT presentation

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Provided by: startupven
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Tags: deluxe | inc | widget

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Transcript and Presenter's Notes

Title: Widget, Inc'


1
Widget, Inc.
  • Logo
  • Date
  • Presenter

2
Intro/overview
  • Introducing Widget, Inc.
  • Converts customer needs to customized solutions
  • Experienced team
  • Scalable model
  • Seeking 3m initial round

3
Concept overview
  • Widget, Inc. overview
  • Flexible
  • Customizable
  • Reusable
  • 50 cost savings over Gadget product

4
Market opportunity
  • Target - middle market businesses 15-25m
  • 9,200 current businesses in segment
  • 2,300 sweet-spot business needing service
  • Current pain e.g. 52,500/incorrect solution
  • Avg. business performs 82 assessments/yr
  • Avg. 38 incorrectly 2m
  • Market research source 1
  • Market research source 2

5
Widget solution
  • Know-it-all customer need assessment
  • Instantly customize product and service
  • 50 cost savings over current gizmos
  • Cuts incorrect assessments by 75
  • Priced at 10,000/assessment
  • Projected 680k/year savings/business

6
Revenue model
Year 1 Year 2 Year 3

Assessments 574 2,500
12,500 Revenues (10k/per) 574k 25m
125m COGS 138k 12m
50m Expenses 775k 8m
32m Gross Margin (339k) 5m 43m
7
Channels/Partners
  • Distribution through big-3 consulting firms
  • Secondary through VAR channels
  • Revenue sharing promotional programs
  • Projected 15 customer acquisition cost/sale
  • see detailed Proforma for assumptions

8
Competition

Widget, Inc.
Yikes
Zowie
Flexibility
Gizmo
Gadget.com
Thingamabob
Yippee
Functionality
9
Unfair advantages
  • Two patents filed for widget technology
  • Customer LOIs secured
  • Superb Systems
  • Electro Deluxe Technologies
  • Lone Star Design
  • Co-funded launch agreements secured

10
Talented team
  • Domain and startup experience
  • Why this team will win in this market
  • Management team needed (TBH)
  • Advisors know-how network

11
Funding and Milestones
  • Seeking 3m to finalize product, secure signature
    customers and launch

Launch
3 Beta customers
Complete alpha
Complete team
Funding month 3 month 6
month 9
12
Summary
  • Widget, Inc. unique, scalable, flexible
  • Solid, experienced team
  • Excellent competitive advantages
  • Ready to beta in 6 months
  • Customer LOIs in hand
  • Next steps?

13
Notes to Presenter(s)
  • Keep presentation to 15 minutes/10-12 slides
    (practice!)
  • Let your most articulate team member present!
  • Address investor motives (vs. customer pitch)
  • Try to limit text to 4 bullets with 4 words max
  • Use this outline as a guide (your presentation
    does not have to follow this exact format)
  • Make sure that slide graphic template does not
    detract
  • Tell the investor what youre going to tell them
    - tell them - then tell them what you told them
    (Xerox Spin model)

Remember your goal is meeting 2!
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