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founders@grasswire.com
“News by the people”
ELEVATOR PITCH
2
grasswire is a real-time newsroom
that’s curated and fact-checked by everyone
News now comes in real-time from
everyday people, but these
accounts are:
1. Difficult to find - often buried amongst
thou...
SOLUTION
4
grasswire lets thousands of people come together in real-
time to find and verify these acounts, creating the w...
PRODUCT
5
1. grasswire’s real-time news engine constantly analyzes content on
social networks, pulling in the content like...
6
MARKET
7
Digital news advertising - $37.8B
Growing 17%/year
TAM for news by 2020 is 5 billion people
worldwide
TEAM
8
CEO CTO
Levi Notik
Songza
iHeartRadio
Getty Images
Austen Allred
Stubtopia ($5M
rev in 3 yrs)
0
12500
25000
37500
50000
9
USERS - FIRST MONTH
49,738
THE RAISE
10
Raising $650K
$500K Committed
Peak Ventures - $400,000
Mike Levinthal - $100,000
$1.85m pre-money
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grasswire

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Transcript of "grasswire"

  1. 1. 1 founders@grasswire.com “News by the people”
  2. 2. ELEVATOR PITCH 2 grasswire is a real-time newsroom that’s curated and fact-checked by everyone
  3. 3. News now comes in real-time from everyday people, but these accounts are: 1. Difficult to find - often buried amongst thousands of other pieces of content 2. Unverified - you have no idea if the supposed first-hand content you’re finding is accurate or not PROBLEM 3
  4. 4. SOLUTION 4 grasswire lets thousands of people come together in real- time to find and verify these acounts, creating the world’s most open and accurate newsroom see http://grasswire.com
  5. 5. PRODUCT 5 1. grasswire’s real-time news engine constantly analyzes content on social networks, pulling in the content likely to be newsworthy. 2. grasswire users can upvote content they consider important; the best rises to the top. 3. grasswire users can fact-check every piece of content by clicking “confirm” or “refute,” providing a source URL and description. Content with more refutations than confirmations is clearly displayed as “refuted.”
  6. 6. 6
  7. 7. MARKET 7 Digital news advertising - $37.8B Growing 17%/year TAM for news by 2020 is 5 billion people worldwide
  8. 8. TEAM 8 CEO CTO Levi Notik Songza iHeartRadio Getty Images Austen Allred Stubtopia ($5M rev in 3 yrs)
  9. 9. 0 12500 25000 37500 50000 9 USERS - FIRST MONTH 49,738
  10. 10. THE RAISE 10 Raising $650K $500K Committed Peak Ventures - $400,000 Mike Levinthal - $100,000 $1.85m pre-money
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