How To PITCH
Your Startup To
Investors
This presentation represents Jeremey Donovan’s personal opinions and not those of Gartner Inc..
All company and product names mentioned herein are trademarks and registered trademarks of their respective owners.
Forget hotels (2009)
The friendly
neighborhood way
to pay (2011)
Sync your files
online and across
computers (2009)
Travel like a human
Sell More With Square
Your stuff, anywhere
Positive
Customer-centric
Short
Action-oriented
Catchy
Benefits (not features)
Hotels are
expensive and
impersonal
Credit card
merchant services
are complex to
setup and manage
Every device has its
own data
Expensive
Complex
Risky
Boring
Time-Consuming
Inconvenient
A web-based
platform where :
[Travelers can save
and immerse]
A smartphone &
sensor based
platform for
processing credit
card transactions
[Hosts can earn]
Not a feature, not a product, but a…
PLATFORM
A cloud-based
platform to protect,
access, and share
your files anywhere,
anytime
10.9 billion trips/yr
x
0.10% share
x
$20 commission
=
> $200M/yr
$6T CC transactions
x
0.15% share
x
2.5% commission
=
> $200M/yr
1.2 billion PCs
x
0.20% share
x
$100 / yr
=
>$200M/yr
[Massive Market] x [Tiny Share] x [Reasonable Price]
>10M nights
booked
> $10B processed with
> 40K retailers
>200M users
Though less impactful than revenue from customers,
this is also the place to show traction
with investors, partners, advisors, etc.
What about
personal safety?
What about
government
regulations?
How do you handle
credit fraud?
How are you different
than a million other
competitors?
The best offense is a good defense
(but don’t break into jail)
Passionate, welleducated millennials
initially funded
by Y Combinator
Jack Dorsey, cofounder of Twitter
Passionate, welleducated millennials
initially funded
by Y Combinator
Pedigree matters, but there is no perfect profile