A VC Presentation

Project Leader : Philip Copeman
The TurboCASH Project is run as a limited partnership, with Philip Copeman
as the disclosed partner, project leader and copyright owner.
The Software is licenced under the GNU GPL.
Our primary loyalties lie to our users and the many volunteers who contribute to the project
in the from of development and consulting around the TurboCASH Accounting program.
We are looking for a VC partner that will follow these principles

Small Business Hates Accounting
Software is too expensive
Too difficult to use
Dependent on Support
Can't be customized
Can't integrate with the Web

Free to Download
Superb Supporting Documentation
Community Supported Website
Plugin Expansions
Portable and Multi User

Open Source Business Model
Distributed Revenue
C
Build the Community
C
Advertising Media
C
Sell Extensions
C
Development
C

Open Source Magic
Upstreaming
C
Peer Review
C
Open Feedback
C
GPL Contributions
C

TurboCASH is Successful in
High Bandwidth Countries
Holland 15 000 Users
New Zealand
SA 30 000 Users Belgium
Australia
Indonesia
Latvia
Ireland
UK 10 000 Users Philippines
India
Zimbabwe
Canada
USA 5 000 Users
Figures as at April 2009

Marketing
Google Search
C
Open Source Branding
Free Distribution
Downstreaming

Competitors

Team

Status
800 000 downloads
80 Countries, 25 Languages
C
500 consultants, 100 000 users
C
Self financing
C
Stable Software
Polishing not Development

Support Multi User Web Services
Users surveyed April 2009

What is the value of TurboCASH ?
Current Strategy - $ 8 Million
Minimizes commercialization and works primarily on
the collective value of the users. These are actual
realized figures Users are valued at $ 100 per user
Implementation of Commercial Model - $ 2 Million per year
Product is divided into free offering and licensed offering.
Multi user is the primary divider. Users also pay for us to
connect to other commercial systems. Revenues grow
proportionally to the user base
Expand Base to 500 000 - $ 50 Million
This is a future projection and assumes that we are
able to expand the user base. User are still valued at
$ 100 per user, revenues are projected as $2 M per
100 000 users.

www.turbocash.net