Innovate100 favit


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The presentation at the Innovate100 event in Tel Aviv

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Innovate100 favit

  1. 1. The place where content streams to your liking.
  2. 2. What causes the need?
  3. 3. Hard facts 231 Million WEBSITES at the start of 2010 126 Million BLOGS at the start of 2010 35 Million Tweets per day in Q1 2010 2.5 Billion PHOTOS uploaded on FB per month 313 Billion VIDEOS viewed online per month 60 Million FB status updates per day
  4. 4. Time spent on content +67% 5% 3% Search N/A 13% N/A Community -19% 13% 16% Commerce -41% 27% 46% Communications +24% 42% 34% Content Change in share 2009 YTD Share 2003 Avg share Category
  5. 5. Inequality Situation > Speed of new information arrival ENVIRONMENT Blasts Articles, News, Blogposts, Videos, Images, Mails, Comments, Activity Speed of information processing USER Misses Knowledge, News, Entertainment
  6. 6. Ultimate Goal - Balance = Speed of new information arrival Speed of information processing
  7. 7. Solution Speed of new information arrival Speed of information processing
  8. 8. What favit does?
  9. 9. 1. Delivers content from all sources the user has selected
  10. 10. 2. Delivers content from the user’s Social connections
  11. 11. 3. Allows all possible content related cross-platform interactions
  12. 12. As a result… <ul><li>The user: </li></ul><ul><li>Consumes interesting content </li></ul><ul><li>Interacts on the note-worthy stuff </li></ul><ul><li>Is more productive </li></ul><ul><li>Expands interest horizons </li></ul><ul><li>Saves time </li></ul><ul><li>Preserves energy </li></ul>
  13. 13. We’re not alone Nearly 70… All looking in the wrong direction
  14. 14. The difference Social graph Social Networks Data Websites, Blogs, Video, Image & Audio hosting me me me Aggregated Me Convenient for a 3rd party to follow the aggregated entity
  15. 15. The favit way Social graph Social Networks Data Websites, Blogs, Video, Image & Audio hosting My Friend 1 Aggregated me <ul><li>Consume </li></ul><ul><li>Organize </li></ul><ul><li>Curate </li></ul><ul><li>Filter </li></ul><ul><li>Create </li></ul><ul><li>Save </li></ul><ul><li>Search </li></ul><ul><li>Interact </li></ul>My Friend 2 Blogs
  16. 16. The favit way 1.7 Bill 475 Mill 130 Mill E-mail and Google Facebook and Twitter <ul><li>Addressable market now: </li></ul><ul><li>Social Media users </li></ul><ul><li>Heavy Online Content Consumers </li></ul><ul><li>Bloggers </li></ul><ul><li>All in the “interest conscious” age – 25-45 </li></ul>
  17. 17. Making money Social graph Social Networks Data Websites, Blogs, Video, Image & Audio hosting favit <ul><li>Complete content </li></ul><ul><li>Language </li></ul><ul><li>Comments </li></ul><ul><li>Personal preferences </li></ul><ul><li>Re-shares </li></ul><ul><li>Social graph dynamics </li></ul><ul><li>Distribution dynamics </li></ul>FAVIT monetizes its most valuable asset – the deep, interest-centric, cross-platform integration with the social and data layers Real-time
  18. 18. <ul><li>Community management </li></ul><ul><li>Social communication </li></ul><ul><li>Campaign control room </li></ul><ul><li>B2B. Self-service and White label. </li></ul><ul><li>Pro accounts </li></ul><ul><li>- Engagement monitoring </li></ul><ul><li>- Sentiment measuring </li></ul><ul><li>- Engagement visualization </li></ul>Favit’s monetization <ul><li>Content management </li></ul><ul><li>Enterprise stream reader </li></ul><ul><li>Favault – stream archiving solution </li></ul><ul><li>OAP market – 5.9 $ Bill est. 2010 </li></ul>Two offering lines:
  19. 19. Timeline November 2008 start Mai 2009 Launch in EE November 2009 4 th big update – Twitter and FB integration January 2010 – favalanche alpha launch April 2010, 5 th big update – simplicity and user experience May 2010, iPad and iPhone, Pro accounts June 2010, US Launch July 2010, Enterprise Streamer Launch March 2010, first B2B sale. 85K euro – favalanche as a white label solution
  20. 20. The team Founders <ul><li>Atanas Youroukov , </li></ul><ul><li>Head of Platform Architecture </li></ul><ul><li>Strong web product visionary </li></ul><ul><li>Creative UI designer </li></ul><ul><li>Product Vision & Design </li></ul><ul><li>Konstantin Hristov, </li></ul><ul><li>CEO </li></ul><ul><li>Sales and Marketing </li></ul><ul><li>VP of M & S in Outsourcing </li></ul><ul><li>Citigroup </li></ul><ul><li>Money and Process Management </li></ul><ul><li>Nenko Ivanov, </li></ul><ul><li>CTO </li></ul><ul><li>Top 3 Software engineer in BG </li></ul><ul><li>Architecture and Engineering </li></ul>Technical and Market Execution
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