happier.com capital call presentation
DESCRIPTION
happier.com presentation for Cooley Godward Kronish "Capital Call" in DC-area, 2009.TRANSCRIPT
1
Our Mission: We inspire people to be happier and more resilient.
Reflective LearningA platform for science-based change and self-improvement.
Doug HenschPresident & [email protected]
Problem Rates of depression are up 10x in last 50
years Indirect costs are said to be about $80
billion/yr Depressed employees use 4x more
medical services Self-improvement books are selling more
than ever Lower levels of happiness over last 40
years
Existing solutions are expensive, ineffective, time-consuming, and very inconvenient
2
Marketing Trends3
Market Overview4
Parenting
Self-Improvement
TutoringWellness
Mental Health
0
2
4
6
8
10
12
14
2000 2005 2010 2015
Self-Improvement Market Size (in Billions)
Solutionhappier.com - A personal trainer for
your happiness Personalized data analysis and tracking Confidential online access Instant, personalized feedback Monthly subscription iPhone app
5
46%
45%
9%
Public Beta: happier.com6
11/01/2008
12/01/2008
01/01/2009
02/01/2009
03/01/2009
04/01/2009
05/01/2009
06/01/2009
07/01/2009
08/01/2009
-
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000 15% of all new visitors register
Almost 10% of registered users converting to paid subscriptions
Lifetime revenue estimated over $100 per sub
Practitioners paying $199.99/yr for listings
25% of Webinar attendees pay for subscriptions
B2B Clients include: Paychex New Extended Warranty
(NEW) UC Davis Google
$4.99/mo
$99.99(lifetime)
$29.99/6 mos
Registered Users
Management Team7
Exclusive Advisor, Dr. Martin Seligman: Robert A. Fox Leadership Professor of Psychology at the University of Pennsylvania, and the founder of the field of Positive Psychology. Dr. Seligman is also a best-selling author, including books such as The Optimistic Child, Learned Optimism, and Authentic Happiness.
Richard Peterson, CEO35 years of experience in consulting and risk management. Former CEO of Penn Capital Insurance Co.
Doug Hensch, President & COOAlmost 20 years in product development and human resources consulting at Nextel, AT&T, & Sprint.
Andrew Rosenthal, VP - MktgBackground in research and business development at the University of Pennsylvania.
Marketing & Growth Strategy
Focus on consumers SEM contextual Email marketing Paid blogs
Corporate customers & affiliates Health insurance EAPs Affinity groups
National PR efforts Expand B2B offerings Go mobile
8
Competition9
Financial Projections10
1 2 3 4 5
$(10,000,000)
$-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
gross profitebitda
Funds Requested & Use of Proceeds
Series A – $2 million1. Product development – focus on UX2. Marketing – expand programs and
continue testing3. Marketing and product development
headcount
11
Joan in Rowayton, CT12
“I just love happier.com. My clients achieve results much more quickly and easily when they make even minor adjustments in attitude, to brighten their perspectives on life.”