Startup AddVenture Budapest 2015 Pitch - PsychAsk

1. BUDAPEST
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
PITCH SLAPSTARTUP COMPETITION

2. Live Video Chat Community with
Psychologists & Life Coaches

3. Solution
Choose Get community supportPayBook free sessions

4. Value Proposition
Customers:
• Instant & professional help!
• Stigma free, privacy!
• 24/7 easy access from home!
• Risk free
Experts:
• More clients & income:!
– Professional marketing !
– Post-paid marketing cost

5. Acquisition Channels
Customers
• Social Media!
• CPC/CPM ads!
• Affiliate marketing!
• Content & viral marketing
Experts
• Online directories!
• Email!
• Face-to-face interview!
• Private referral!
• Linkedin job ads

6. Competitors & Advantages
• Competitors: !
– text chat!
– Phone !
– Email
– therapy w/ Insurance
• Our Advantages:!
– Risk free!
– Instant & convenient!
– More effective
– Network effects (community)

7. Market Size
• Worldwide:!
– 450 Million / yr
– $2 Billion / yr (life coaching)!
• 2nd fastest growing industry
• US:
– $113 Billion
• >$70 Billion in offline mental health care
– 80 Million have short supply of therapists
• UK:!
– 1 in 4 / yr has mental issues

8. Profit Margin
• Customer Life Time Value:!
– $150 * 3 sessions/m * 3 months * 30% = $405!
• Customer Acquisition Cost:!
– $10 (ADHD)

9. Team
• Wenyi Wu:!
– CEO with marketing expertise (9 years in 5 industries)!
• ORANUM.com ($40,000 / day)!
• LiveJasmin.com ($600,000 / day; 50 million users / day)!
• Laszlo Marai:!
– CTO with 15 yr IT experience!
– Startup experience ($500,000 from VC)!
– Managed Team of 8

10. Customer Experience
“… I had tears in my eyes in the session
… how can someone I never met
understands me much better than my
parents…”
- Anonymous user (Aberdeen, UK)

11. Our Mission:
BRING HAPPINESS BACK
to people’s lives with the help of
psychologists & life coaches

12. Live Video Chat Community with
Psychologists & Life Coaches