xoom park demo day presentation
DESCRIPTION
TRANSCRIPT
Ken FreiCEO, [email protected]
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400,000,000
Event Tickets Sold in the United States
3
5
Traction this Summer
May-12 Jun-12 Jul-12 Aug-120
2000
4000
6000
8000
10000
Parking Spots Under Contract
Traction this Summer
May-12 Sep-12 Jan-13 May-13 Sep-13 -
100,000
200,000
300,000
400,000
Year 1 Projected Parking Spots Under Contract
Traction this Summer
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Vacancy Rates: 50%20% of cash goes
missing$240,000,000
Limited by capacity
Why?
How do we scale?
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TeamKen Frei- CEO• Experienced in startup
sales and marketing• Social Media and Mobile
app consultant
Greg Bessoni- COO• Founded Shuttlefare.com,
ParkingAccess.com, and SocialPrize.com
• 10 years industry experience
Tom Lombardi- VP Sales• Founded APR, largest online
airport reservation site• 25+ years industry
experience
Bartosz Pieterzak- CTO• Co-founded Monetrail.com• Experienced Ruby developer
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User Acquisition
Email Marketing Industry Contacts and affiliates
Educated Customers!
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Market Size
TAM
SAM
Target
$8.2 BillionUS Parking Industry
$1.2 BillionEvent Parking
$613 MillionSporting Event Parking
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Revenue Projections
2013 2014 2015 2016 2017 $-
$8,000,000
$16,000,000
$24,000,000
$32,000,000
$40,000,000
$48,000,000
Revenue
Financials 2013 2014 2015 2016 2017
Revenue $567,624 $3,686,733 $10,004,486 $21,933,930 $45,771,447Parking lots 1,255 2,815 4,850 7,358 10,201
# of reservations 84,545 419,992 1,142,132 2,382,728 4,250,577
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The DealSeeking $300,000 of equity financing
$215,000 already committed
Use of Funds
Customer Acquisition & SalesScaling Infrastructure
$100,000
$200,000