7. a mobile app to sell perishable food to
last minute consumers.
The solution
8. if you’re closing soon, pop in an end-
time and you’ll get some bites soon
4pm? 2 Bagels left... take a photo and
upload them to lastbite, they’ll soon be
turned into profit
push the special deal out in a new way
to existing customers, and even new
ones
The APP
set the time limit
set the price
snap your produce
9. 9
Revenue model
3 sources of
revenue
premium subscription
subscription
one-off pricing
paid specials
transaction fee pricing
in-app purchases
$12.99 - up to 10 products uploaded per week
$19.99 - up to 100 products uploaded per week
$59.99 - unlimited number of products uploaded
$2.99 for a 1 hour special
$19.99 to 1 day special
$39.99 for a 1 week special
$59.99 to ‘bump up’ a special to top of stream
In-app purchase with 30% cut of revenue.
10. 11
Market opportunity in
Australia
cafes and restaurants in
Australia
$35x =50,000 $21m
per cafe / restaurant
monthly
We expect to convert 8% of market opportunity in the first year
$1,680,000
11. 13
Market opportunity in
USA
cafes and restaurants in
USA
$35x =per cafe / restaurant
monthly
600,000 $2.52B
We expect to convert 4% of market opportunity in the first year
$10,800,000
12. too good to waste
ADAM MILLER MICHAEL CHEDANI BRECKON BARRY TEOHJOEL HAUER
DesignerCo-founder DeveloperUXCo-founder
@AiMillstar @nolim1t@JoelAmigoHauer @daniib
BEN LEVI
Co-founder
@BennyLevi
13. ADAM MILLER
co-founder
too good to waste
@AiMillstar
Founder of Tuteable
Experience: 4 previous start-ups, 2 within
App space, passionate about online education
& transforming industries with mobile
technology.
Skills: UX, PPC, SEO, Mobile-optimization,
and Marketing strategy.
Knowledge: RMIT bachelor of
entrepreneurship, and scholarship to
Sweden’s Jönköping University.
Random fact: Has OCD & ADHD.
14. BEN LEVI
co-founder
too good to waste
@BennyLevi
Founder of Renting Smart
Experience: Working on start-ups for 5 years.
Founder of RentingSmart, and business dev
of Krunchbox.com
Skills: Business dev, strategic partnerships,
project management, forecasting, User
experience design
Knowledge: Bachelor of commerce in
Finance & Accounting
Random fact: Proposed to his girlfriend in an
Angrybirds game
15. too good to waste
JOEL HAUER
co-founder
@JoelAmigoHauer
Founder of WeCo
Experience: Founder of WeCo, co-founder of
UnOffice, Business Development manager in
UnOil, Digital Producer.
Skills: Branding, design, customer
development, project management, SEO,
online marketing & creative advertising
Knowledge: Bachelor of commerce in
marketing & commercial law
Random fact: Made WeCo profitable within 3
months
16. too good to waste
DANI BRECKON
UX
@daniib
Founder of Utopia Internet
Experience: Web consultant specializing in e-
learning, and UX expert
Skills: UX design, project management
Knowledge: Joomla, UX, agile development
Random fact: Fascinated with the art form of
learning
17. too good to waste
BARRY TEOH
Developer
@nolim1t
Technologist / Developer
Experience: iOS developer, web developer,
systems architect
Skills: Ruby, Rails, iOS Dev, Mobile UX, QA
Automation (Functional/Performance), System
Admin (Linux/Solaris/Windows), and Social
Media App Integrations
Knowledge: Tech guru
Random fact: Also brilliant at digital &
creative marketing
Programming languages
* Objective-C (iPhone SDK and OS X 10.6)*
PHP (v2 to v5.3)* Ruby / JRuby* Rails (Heroku
and Standalone deployments)* VBA Scripting /
ASP (VB)* Bash/Perl* Python including Google
App Engine* Windows Powershell* Some LUA
Script* Some ASP.NET (C#). .NET via Windows
Powershell mostly. * Some SQL Stored
Procedure (MS-SQL)
18. too good to waste
MICHAEL CHE
Design
Designer at Soap Digital
Experience: Experienced graphic designer
Skills: Photoshop, Illustrator, Flash, 3D
Knowledge: Bachelor of Visual Arts &
Graphic Design
Random fact: Finalist in a highly sort after
creative design competition
19. Competitor analysis
deal & discovery app try for free deals charity food recovery
perishable food app
first in category
ONE OF A KIND
20. NOW
1/08/13
01/10/13
01/11/13
launch BETA to cafe’s
basic free version to validate consumer
demand and convert cafes
acquire & convert acquire & convert
01/02/14
24
Timeline phases
Our plan
restaurants supermarkets
release version 2
implement venue paid ‘specials’
release version 3
implement online transaction
processing model & fee structure
22 participating cafes
as of TODAY