pitch deck v12
DESCRIPTION
TRANSCRIPT
Bring me that? What is
Online food delivery for small and medium sized cities
From paper menus To online ordering
team
Jason liang Ceo Experience:
Head of Product @ Bundle (acquired by capital one) developer @ Goldman sachs
Education: BS in Comp Sci @ Columbia MBA @ Harvard Business School
Richard kuo tech
Experience: developer @ metarhythm
Education: ba in econ, math @ Univ. of Illinois
Dan adeyanju Operations
Experience: Project consultant @ optimum family medicine
Education: Ba in african studies, biology @ binghamton u
online food delivery market is
$14B Of the $135B spent on delivery and carry out in the US*
150,000 across Delivery restaurants
*data from NPD group/crest
Current competitors only in large cities
And Cover only 20% of the population
Current competitors
Current bringmethat future bringmethat (July ’14)
Will cover the remaining 80%
US City demographics
# of Cities Total # of delivery restaurants
Population 100,000-500,000
Population over 40,000-100,000
300
1000
38,000
75,000
$2B
Market size
Population over 500,000 25 25,000
$3B
$6B
Proprietary Algorithm
Menu Api's
Restaurant websites
Crowd source
Use data to acquire menus
comprehensive restaurant coverage
Very low cost to scale
No sales team
benefits
Our scalable business model
future Current
Consumer orders online Consumer orders online
Order processing
Member of our team calls in order
Orders sent electronically
Member of our team calls in order
Customer acquisition
seo Distribution partners
Online ads / Paid search
Organic search traffic
example
website
Current numbers
$150k in total sales
processed
$6 Cost to acquire
customer
$40 lifetime value of customer
35k monthly
unique visitors
10k restaurants available on
site
150% monthly growth rate
Down from $60 in march ‘13
50% monthly growth rate
$3.50 revenue/order
Competitive position Po
tent
ial R
even
ue pe
r res
taur
ant
Restaurant coverage
Current investment
Raising $400k Expand into the rest of the US
operations and partnerships
Build Mobile