15. David Lee CEO
Previously created Wetoku, talking
heads format interviews for bloggers.
Co-founded Avenir, acquired by ITEX in
1998. @davidyhlee on FB & Twitter.
Dave Jansen Web Engineer
Built the Shakr framework and
assembled our team of engineers.
Former co-creator of Blogsy, top-rated
iPad app that makes blogging easy.
Miguel Portela Graphics Engineer
Former researcher at Centro de
Computação Gràfica (Portugal) and
DFKI (Germany). NVIDIA “Shade Your
World” award winner.
Hyoshik Jang Motion Designer
Formerly Amoeba Design & IRonFISH in
Seoul. Channel M in Vancouver.
Freelance for KBS and Arirang in Seoul.
Vancouver Film School 2005.
Minku Lee UI Engineer
Creator of Waffle, free wifi for checkins,
and Team REMU, a console-quality
HTML5 game launched at Google Korea
Hackfair 2012. @premist on Twitter.
Jaehong Kang iOS Engineer
Former engineer at Waffle and the first
video annotation app for iOS, Nakso.
@sinoru on Twitter.
Jiah Kim Motion Design
Former Taxi TV & Cinetech. Designed ad
spots for NEPA, Lotte Department Store
and the Korea Institute for Military
Science & Technology.
Don Kim Web Engineer
Former engineer at Waffle. A developer
behind PodBuddy, Lyrichand, SLATFAB,
and more. @kiding on Github & App.net.
INVESTMENT
Simon Kong Marketing
Former business development manager
at SPACE Group.
OUR AWESOME INVESTORS
OUR AWESOME FOUNDING PRODUCT TEAM
Chester Roh
Jailed for hacking rival
university server. CEO
of Ablar. 2 exits: 1 IPO,
1 M&A to Google.
KAIST.
David Hwanjin Choi
CEO of Ignite Spark, a
Seoul-based incubator.
Former Director of
Investments at Neowiz
Internet.
John Shin Kim
CEO of Smile Mom.
Prev. founded and sold
Paprika Lab to
Japanese gaming giant
GREE. SNU.
Peter Byungki Kim
President of Applemint
Holdings. Former CEO
of Zio Interactive.
John Lagerling
Director of Global
Android Partnerships at
Google. Former
AdMob.
Andrew Kim
LGE executive, Kineto
Wireless (acquired by
Motorola). Stanford,
Carnegie Mellon.
Thursday, May 9, 13
16. Industry Disruption
10 million peopleKorea
Off the chart @ $10 ARPU = Way off the chart5MRoW
250,000
First birthday videos
150,000
Wedding videos
@ $100 ARPU = $25M @ $50 ARPU = $7.5M
@ $10 ARPU = $100M
Motion graphics design businesses in the
personal event video business spend 80% of
their time performing unskilled labor. These
are highly skilled designers who have
mastered illustration, photo manipulation,
composition, motion graphics, and
storytelling.
Shakr grows the market beyond weddings and first birthdays.
The global market for event videos is presently constrained by high costs (both time and money) for inferior quality.Limited to uber-skilled, uber-
connected or uber-rich.
Thursday, May 9, 13
17. Dealing with development-induced displacement
Drop prices 10X
20X market
size increase
Eliminate unskilled
labor by high skilled
designers
5X
productivity
increase
< 200 jobs lost to development-
induced displacement in Korea.
Shift skilled workers from unskilled labor
to self-employed skilled labor. Produce
5X more video styles and sell them to
end-users through Shakr. Designers
keep 70% of revenue generated from
their video styles.
Consumers get simple &
affordable access to
professional video.
Designers spend less time on
unskilled labor, more time
showcasing their creative
brilliance.
Shakr transforms a niche
industry into a powerful force
that helps the world celebrate
life with beautiful video.
EVERYONE
WINS
Thursday, May 9, 13