friendsvow pitch deck

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The new innovative way of connecting people with credit online"All Business proceeds on beliefs, or Judgments of probabilities, and not on certainties" Charles W. Eliot

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A new innovative way of connecting people with credit online Imagine using your social network accounts to solve life changing problems...

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Page 1: Friendsvow PITCH DECK

The new innovative way of connecting people with credit online…

"All Business proceeds on beliefs, or Judgments of probabilities, and not on certainties" Charles

W. Eliot

Page 2: Friendsvow PITCH DECK

ABOUT FRIENDSVOW

• Imagine facebook as a network that generate credit for friends

• Your online social friends are now your revenue streams…

• A Social Collective Contribution Network, that offers freedom to create cash within a

group without any fear of default…

• A massive network that will create viral domains…

• Our IP will make us a giant in the field of social collective contribution network

• Its the free easy way to make money online

• Our Weekly, Monthly or quarterly payout are going to be in the range of thousands,

to millions of cash at no time are we going to miss a week from non compliance or

default.

• Its going to be a Network within a network which will provide a native defense

against disruption…

• We are going to lead the social lending sphere because we will provide the scarce

alternative that will enable entrepreneurs having funds before they create, not create

and look for Funds, the world as you know it for fund raising has changed…

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 3: Friendsvow PITCH DECK

VISION / ELEVATOR PITCH

• (A new way to connect your friends with a line of credit)

•“making money online is now by the click of a button”

• (“ We have democratize online credit”)

• (“We are connecting social network with peer to peer lending.”)

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 4: Friendsvow PITCH DECK

TRACTION

Presently we generate 30 signups a day in open beta and a 100 unique a day

The point is if our competitor can have the impact they are having using our

surface concept taking from our BETA launched, what will happen when we the

ORIGINALS launched properly, we have been native users of this concept

offline for years, we are about to disrupt the future of social payments and

online lending.

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 5: Friendsvow PITCH DECK

GOOGLE ANALYTICS TRACTION

WE ARE PRESENTLY IN OPEN BETA

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 6: Friendsvow PITCH DECK

We are in the business of leveraging the Billions of social media

users & turning them into friends with benefit…

Total number of users on social media today: 2 Billion People plus…

Connecting those 2 Billion people into online groups that makes money off

each other is our ultimate goal, making the ultimate Social Collective

contributory Network.

This will verify our goal of creating a Social Network of Money

by Merging Social & Payment…

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 7: Friendsvow PITCH DECK

THE PROBLEM 1.) Two billion users on social network and no one is making money with their account.

2.) No Social Network platform is making profit right now nor is anyone provide cash to its users

3.) The default rate on online social lending is high.

4.) How do we connect your social network account with your payment platform of choice, so you make

money, like facebook and paypal? 5) How do we stop someone that knows he will default, from defaulting

6.) How do we make sure when people contribute within a group everybody receives his share in due time?

Creating a system that will make default on payment the least option to take, even if a user can

default, they wont.

Connecting social network and your payment platform so you and your friends can make money.

It’s the best use of having a social network account especially if its community based, knowing

that soon you will start making money with your account .

Turning your facebook, twitter, Ning , googleplus, accounts into a bank account, they are now a

community where you can interact with your contacts to generate revenue streams without default.

We are experienced native users of this concept offline, we understand the nuances involved, we

pioneered this particular concept online with the date and time stamp to prove.

There are various ways of checkmating each user that wants to default, without taking away his

privacy or freedom, those are what we have mastered aside that our IP is based on…

# Hint: Probability theory #TWEAK YOUR MINDSET

If You want to know more, you must be a Verified Investor with Friendsvow

Solutions

Page 8: Friendsvow PITCH DECK

PRODUCT / SERVICE/

CUSTOMER INFORMATION

"All Business proceeds on beliefs, or Judgments of probabilities, and not on certainties" Charles

W. Eliot

Page 9: Friendsvow PITCH DECK

PRODUCT / SERVICE/

CUSTOMER INFORMATION

"All Business proceeds on beliefs, or Judgments of probabilities, and not on certainties" Charles

W. Eliot

Page 10: Friendsvow PITCH DECK

PRODUCT / SERVICE/

CUSTOMER INFORMATION

"All Business proceeds on beliefs, or Judgments of probabilities, and not on certainties" Charles

W. Eliot

Page 11: Friendsvow PITCH DECK

PRODUCT/SERVICE "All Business proceeds on beliefs, or

Judgments of probabilities, and not on certainties" Charles W. Eliot

Page 12: Friendsvow PITCH DECK

REVENUE MODEL

Differentiation between personal, groups and business accounts–Personal accounts are free, they can only do what other users do in a regular social network platform like facebook, Google+, NING, LinkedIN or chartrooms etc

–Group accounts will be charged 1.5% + 15cents per transactions

–Business/premier accounts are charged 2.00% of incoming funds + 30 cents per transaction

Advertisement from companies, NGOs, Organisations who wants to draw attention to their causes to be shown only on personal accounts

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 13: Friendsvow PITCH DECK

REVENUE MODEL WHY IT WILL WORK… Easy transition & use of existing infrastructure Word of mouth marketing and mixed money pull. Popularity of the social networking genre mixed with payments with online friends

group contribution without fear of default will appeal to a wide audience , we will incorporate what has been popular already and makes it more appealing

Dichotomy between business, groups and personal accounts will creates demand New recipients must register and get a trusted verified payment platform to receive

funds, this is to build confidence, in FriendsVow, and when users see they are going to get the funds to the already known payment platform, they will have no option but to extend that trust to FriendsVow

Bazaar: This is where new users without a group or friends to invite goes to look for vacant groups to join by amount and category, the new member will be able to choose from the groups by amount and time frame.

The program Algorithm based on Conditional, Random and Risk Theory will checkmate default to zero% which will inspire users to keep using the program and doing word of mouth marketing

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 14: Friendsvow PITCH DECK

MARKETING & GROWTH STRATEGY

Users are looking up to SOCIAL LENDERS, PUDDLE,

CROWDFUNDING SITES and all these do not really fulfill the satisfaction

that is derived from the Give and take culture which we provide nor the

fundamental freedom that’s is engraved in our DNA as humans.

Our advantage is that we have democratize online credit to include normal everyday people, not just

businesses anymore, now your friends can provide the funds you need online, its not just investors who will

provide the funding for you, we provide an immediate human satisfaction of give and receive, we already

know whom are our target markets and where we fit in, its not going to be all segments of society

immediately, buts as far as you have a social network account preferably facebook , twitter, googleplus and

a payment platform that is verified, you are can be a part of a VOW TEAM…

Our Advert mode will be our users and Word of Mouth!

We have totally eliminated the fear of default and everybody anywhere in the world can start a group

receive payment that first day or week, depending on how fast the group members responds.

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 15: Friendsvow PITCH DECK

MARKETING AND GROWTH STRATEGY

Value of FriendsVow network increases as membership levels rise

User base will grow to over 2 million users in 16 months (increasing at 8,000 signups per day!)

500,000 fee-paying accounts

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 16: Friendsvow PITCH DECK

TEAM

BUILDING TRUST IN OUR TEAM TO DELIVER ON OUR PROJECTION: All the great companies

we made references to today, Microsoft, Apple, Google, Facebook, Paypal, they started with an

unknown founder who disrupted his niche not because they were experts before they started out, but

because they understand their brand, and they were giving the chance to prove themselves, they

understood the identity of what they wanted to create when nobody gave them a chance, right now

what we offer is an opportunity not being tackled, which we can provide solutions for and this is our

time to take it on, someone has already taken our concept and gone live with it, because we have not

been invited to the table yet, its time for us to come out now, challenge them and beat them by our

superior products, we will welcome new roles and new ideas, but right now, right here we deserve the

chance to kickstart this process, this is our here, this is our space, lets not let any preconceive notion

deny this team the great chance to make our dent in this universe.

Colyns Ehys… Founder. Successes: avatar.com.ng,

domain expertise DEVELOPER & UX DESIGN…

BADMUS JIMOH: Product Development Msc Bus Information

Technology, gidimarket.com…

Joshua Ejiofor: designer/coder- buildreamhomes.com, osusu,ng…

Gangandeep Singh: Engineering and Systems

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 17: Friendsvow PITCH DECK

FINANCIALS

RISK GETTING ENOUGH USERS TO CREATE AND MAINTAIN EACH

NETWORK THE FIRST YEAR.

INDIVIDUALS THAT WILL COLLECT ON THE LAST WEEK OR MONTH

ARE APPREHENSIVE BECAUSE THEY ARE COLLECTING WHAT THEY

HAVE SAVED, HOW TO ENCOURAGE THEM TO STAY THE CAUSE.

HAVING AN INVESTOR WHO WILL HAVE TRUST IN OUR TEAM TO

DELIVER ON OUR PROJECTION:

HIGHLIGHT OF 3 YEARS REVENUE STREAM

• Total Customers 2 Million a year *3 years.

• Total Revenue 500,000 FEE paying customers * 3years

• Total Expense: = $3,000,000MILLION

• EBITDA

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 18: Friendsvow PITCH DECK

COMPETITION

Puddle.com, peer-to-peer lending sites, etc, but not one of these has our niche, we have created a new innovative way of connecting social network users with credit, we are bringing an age old tradition of group contribution online, this will democratize the social lending space, while these users are still using the old model of peer-to-peer lending we have democratize peer-to-peer lending by eliminating default ZERO% default ensures no risk . Our Advantages? We have an IP that makes us the defactor leader in this space before we even launched,

we created this concept online and have practiced it ourselves offline for years before deciding to make it

universal, all the competitors I have identified so far none of the founders have used this concept themselves

before they launched, it might not be a criteria but it is easier to implement a program, when you understand

the fundamentals from the ground up, like the pressure that comes with taking other people’s cash and

contributing your own when's its your time, Imagine when after we launched how easy it will be to implement

such policies, we will check and Verify and create a plan B, that benefits the whole network in case of an

emergency …

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 19: Friendsvow PITCH DECK

INVESTMENT

We are Raising $150,000 Thousand dollars as seed for equity or debt.

Because that’s what Steve started with.

Our timing is 1 year from the date we get the funding, our wireframes,

prototypes and work schedule are all set to go. So it will take a 45 days

or less to test run the system before deployment.

Our Notable Investor is Eghosa Omogui, of EchoVC Pan African

Venture, he has Committed a $100,000USD Equity

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot

Page 20: Friendsvow PITCH DECK

INVESTMENT BREAKDOWN OF Use of Proceeds (as % of total raise)

8% for Founder Salaries,

Sales & Marketing… 15%

New hires 12%

Technology / Product or Service development 45%

Capital expenses / equipment 20%

"All Business proceeds on beliefs, or Judgments of probabilities, and not on

certainties" Charles W. Eliot