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Building a better bike sharing system--
Turning bikes into an everyday convenience.
What is Bike Sharing?
Think ZipCar For Bikes
Benefits of Bike Sharing
• Solves the last mile problem
• Improves local economies
• Lowers car usage, CO2 emissions, and congestion
Why isn’t Bike Sharing Everywhere?
Affordable Structured & Secure Proven soon
Great User Experience
Competition
The Solution
Smart Bikes – Dumb Racks
How it Works - Demo
Traction
Company Started (Dec. 2011)
Michigan LLCPrototype
Google TestProvisional Patents
Revenue Model
Initial Sale
Licensing Fee
Shops & Restaurants
Proximity Advertisements
5 Year ForecastYear 2013 2014 2015 2016 2017
System Fleet 15 215 900 1500 3000
Sales 22,500 400,000 1,370,000 12,00,000 30,00,000
Licensing 4,500 64,500 270,000 450,000 900,000
Adds 3,000 43,000 180,000 300,000 600,000
Total Revenue 30,000 507,500 1,820,000 1,950,000 4,500,000
COGS 72,500 300,000 822,000 660,000 1,500,000
SGA 0 150,000 340,000 560,000 1,200,000
EBT -42,500 57,500 658,000 730,000 1,800,000
Market Size
500+ US cities with public transit$56 billon industry
240 US cities ‘bike friendly’$469 Million
100 US cities >100k population$425 Million
Potential Customers
Secondary Customers • Universities• Corporate Campuses
Partners
Partners Needed• Mechanical Hardware Manufacturer• Electronic Hardware Manufacturer• Advertisement Agency
TeamAnsgar StrotherCo-Founder
Keith PorterCo-Founder
Renjay LuiLead Software Architect
Carl VitulloSoftware Developer
Looking for a:Market Analyst orSystem Analyst
Brianna SchwartzArt Director
Kevin ChynSoftware Developer
Looking for an:Additional
Programmer
Board of AdvisorsParrish BergquistM. Urban Planning, U of M- Bike Sharing Advice
James GoebelCOO, Menlo Innovations- Business Advice
Tim PotterManager, MSU Bikes- Bike Advice
Next Steps
Finalize Designs
Mfg. Ready - $50k
Small System Test Large System Sale
How You Can Help
• Grant funding• Connections• Visit www.a2bbikeshare.com and
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