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ProdigyPatch ProdigyPatch Presentation Transcript

  • Educational Tools to Help Kids Grow Business Overview Contact: Adam Corey adam@prodigypatch.com 310-621-3976 Reminded Media, Inc. Reminded Media, Inc. 2010 1 Proprietary & Confidential
  • ProdigyPatch connects parents with safe and fun educational games while providing them with insight into their child's learning experience. Reminded Media, Inc. 2010 2 Proprietary & Confidential
  • The Problem All parents fear that their children could be behind the curve. Reminded Media, Inc. 2010 3 Proprietary & Confidential
  • Our Solution • Parental analytics dashboard • Incentivized learning • Game developer’s platform - No game development costs Analytics - Taps existing games & audiences Reminded Media, Inc. 2010 4 Proprietary & Confidential
  • Product Demo • Functional prototype and sample game • Scoring accuracy by subject and game • Demographic comparison - Age, Gender, HHI • Real-time, question level detail into child’s answers Reminded Media, Inc. 2010 5 Proprietary & Confidential
  • Market Opportunity • 24+ million U.S. children ages 4-9 1 • 2009 online and mobile games market - $14B 2,3 • 2009 mobile games market - $2.6B 4 • Leapfrog & VTech ELP North American sales - $750M 5,6 • Market shifting from proprietary devices to multi-use devices (iPhone, iPad, Mobile) • 7 13.6K educational apps in iPhone App Store 1. McMahan, Karen. “U.S. K-12 Students Trail Global Counterparts.” Carolina Journal Online [June 26, 2008]. Available from http://www.carolinajournal.com/exclusives/display_exclusive.html?id=4837 2. The Wall Street Journal (2009), China to Claim Half of Online Game Market, Report Says from http://blogs.wsj.com/digits/2009/11/23/china-to-claim-half-of-online-game-market-report-says/tab/article/ 3. Flurry (2010) Apple iPhone and iPod touch Capture U.S.Video Game Market Share from http://blog.flurry.com/bid/31566/Apple-iPhone-and-iPod-touch-Capture-U-S-Video-Game-Market-Share 4. ibid. 5. Leapfrog (2008). Annual Report 2008. Retrieved from http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjY0MXxDaGlsZElEPS0xfFR5cGU9Mw==&t=1. 6. VTech Holdings Ltd. (2009). Annual Report 2009. Retrieved from http://www.vtech.com/investor_relations/reports/FY2009_Annual_Report_Eng.pdf. 7. Apple iTunes App Store. Reminded Media, Inc. 2010 6 Proprietary & Confidential
  • 5 Year Plan Revenue Subscribers $50,000,000 500,000 • Parent Subscriptions - ~$9.99 monthly $40,000,000 400,000 - ~$69.99 annually $30,000,000 300,000 • 5-year plan $20,000,000 200,000 - $45M revenue $10,000,000 100,000 - 400K subscribers Year 1 Year 2 Year 3 Year 4 Year 5 Reminded Media, Inc. 2010 7 Proprietary & Confidential
  • The Competition Our Key Differentiators: Parental Dashboard and Device-Independent Games No Hardware Device-Independent Advertising-free Parental Dashboard Purchase Required Games Yes Yes Yes Yes Leapfro No Yes No Limited No Yes No Limited Yes Yes No Limited Yes No No No Yes No No No Reminded Media, Inc. 2010 8 Proprietary & Confidential
  • The Team Adam Corey, Co-Founder Daniel Romano, Co-Founder • Founding team member, VP, Marketing - SharesPost • Director, Product - JibJab • VP, Marketing - BrightHouse • Product Manager, UX - Citysearch • Director, Business Strategy - Evite • Architecture Engineer - Citysearch • M.B.A • M.F.A., New Media Barbara Chamberlin, Educational Advisor • Professor, New Mexico State University • Project Director, NMSU Learning Games Lab • Ph.D., Instructional Technology • Owner, Barking Dog Interactive Reminded Media, Inc. 2010 9 Proprietary & Confidential
  • Go To Market • Phase 1: - App directory and reviews • Phase 2: - iPhone SDK & developers platform This game is ProdigyPatch enabled which means you can track your child's performance while they play fun and educational games on the iPhone and around the web. - No, Thanks Sign Up 3rd party enabled games Already have an Account? Login - In game registration Reminded Media, Inc. 2010 10 Proprietary & Confidential
  • Financing • Raising $300K-$500K seed round • Milestones - Beta launch 3 months post funding: ✓ iPhone SDK & developers platform ✓ Parental analytics dashboard ✓ 10 launch partner games Reminded Media, Inc. 2010 11 Proprietary & Confidential
  • Adam Corey Daniel Romano adam@prodigypatch.com daniel@prodigypatch.com 310-621-3976 415-519-0893 Reminded Media, Inc. Reminded Media, Inc. 2010 12 Proprietary & Confidential
  • Appendix Reminded Media, Inc. 2010 13 Proprietary & Confidential
  • The iPhone Opportunity • 25 Million U.S. iPhones & iPod Touches 1,2 • 59% of iPhone moms let their kids use 3 This game is ProdigyPatch enabled which means you can track your child's performance while they play fun and the iPhone for entertainment educational games on the iPhone and around the web. No, Thanks Sign Up • 13.6K educational apps 4 Already have an Account? Login • Developers are hungry! 1. comScore Reports February 2010 U.S. Mobile Subscriber Market Share from April 2010 - http://www.comscore.com/Press_Events/Press_Releases/2010/4/comScore_Reports_February_2010_U.S._Mobile_Subscriber_Market_Share 2. 54% of iPhones Users Are in U.S., Says Ad Mob from July 2009 - http://www.wirelessandmobilenews.com/2009/07/54-of-iphones-user-are-in-us-says-ad-mob.html 3. How Moms Use Their iPhones from October 2009 - http://www.readwriteweb.com/archives/iphone_moms_shopping_entertaining_kids.php 4. Apple iTunes App Store from April 2010 Reminded Media, Inc. 2010 14 Proprietary & Confidential