grade catch final presentation global startup challenge boston 2016
TRANSCRIPT
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See our website at: www.gradecatcher.comFacebook: GradeCatcherTwitter: @Grade Catcher
ON-DEMAND, LIVE STREAMINGTUTORING PLATFORM
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MEET THE TEAM
Tanmaya Ramprasad
Charlie McLaughlin
Louis Hsieh
Nirmay Singhania
Anne Marie Toolan
Jason Yeager
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CUSTOMER CHALLENGES
StudentsBusy schedules
!Tutors
Changing schedules
"
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OUR PRODUCT
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OUR PRODUCT
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#$.60 per min
35% Transaction Fee
BUSINESS MODEL
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$MARKETSIZE
Tutoring is an $11 billion market
There are 1.2 million high
achieving high school student
athletes
http://www.nwmissouri.edu/library/ResearchPapers/2012/Stegall,%20Ryan.pdf
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COMPETITIVELANDSCAPE More Convenient
Less Expensive
Less Convenient
More Expensive
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(GROWTH STRATEGY
%& 'Community
BuildingInternational
ExpansionProduct
Development
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)FINANCIAL PROJECTIONS
Year 1 Year 2 Year 3 Year 4 Year 5
Revenue
Student Purchases 9,000 36,000 45,600 180,000 843,250
COGS
Tutor Payment 5,850 23,400 29,650 117,000 548,112
OPEX
Sales and MarkeAng 0 57,040 34,380 35,100 59,027
Office 0
Research & Development 7500 85,560 51,570 44,100 147, 569
EBIT -‐5,327 -‐130,000 -‐70,000 0 636,654
34% Tax Rate 0 0 0 0 0.34
Net Profit -‐5,327 -‐130,000 -‐70,000 0 216,500
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KEY METRICS
Tutors Students Total Min Gross Profit Revenue
Total 470 250 15,000 3,150 9,000
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*COST STRUCTURE
Platform Development
Sales and Marketing
Year 1 Year 2 Year 3
0% 40% 40%
100% 60% 60%
Year 4 Year 5
70%
30% 20%
50%
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A QUICK REVIEW
Engaging
Flexible Prepaid
On Demand