Cheehee Investor Presentation 1108

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    Cheehee Investor Presentation 1108 - Presentation Transcript

    1. “ Discovering Profitable Streaks in Sports Handicapping ” Location: Los Angeles, CA
    2. Company Overview
        • Core Principles :
        • 1. Objective
        • 2. Recognition of member
        • 3. Simple
        • 4. Personal and Prideful
        • Goal : Dedicated to showcasing successful streaks to help sports fans win/succeed in competitive handicapping, through sports matchup prediction competition.
    3. Problem/Opportunity In 2005, $2.25 billion was legally wagered in Nevada's sports books; the National Gambling Impact Study Commission (NGISC) estimated that illegal wagers are as much as $380 billion annually
    4. Solution
    5. Business Model Impressions Members Syndicated Content Sponsorships & Ads Proprietary Services Commissions from pick sales
    6. Underlying Magic/Secret Sauce! Marketplace for anyone to sell and earn a profit Design & Information Architect Proprietary Tools
        • “ I really like the concept and the clean interface you've already managed to put together. I've seen a lot of sports handicapping sites that have obviously been put together by good folks who have no idea how to run a website, so I think Cheehee has a lot of potential.”
        • Ian, BetUS.com (received 1 week after soft launch)
    7. Marketing Plan
      • Target Market
        • College male sports fan
        • Fantasy sports players
      • Social Media Marketing – PR 2.0
      • Guerilla Marketing
    8. Competition
      • Pros
        • First Mover Advantage
        • Larger Community
        • Some Social Networking Tools
      • Cons
        • Poor Information Architecture
        • No Sticking Point
        • Hard to make picks
    9. Team
      • Brent Akamine
      • Nelson Burton
      • Mike Chen
      • Edrick Wong
    10. Benchmark for Growth/Financials Released soft beta of Cheehee.com in September 2008 By Oct. 2008 Cheehee reached 45,000 Impressions & 4,000 Unique Impressions
      • Growth Measured by Impressions and Unique Users
      • Goals
        • Finish developing applications
        • Gain strategic partnerships
        • Enter world market
      • $100,000 invested by management team
      • Exit Strategy: Positive cash flow website
    11. The Ask
      • Capital Funding Request: $80,000
      • Terms:
        • 10% APR
        • 1 year
    12. “ Discovering Profitable Streaks in Sports Handicapping ”

    + cheeheecheehee, 2 years ago

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