TurboCASH VC Presentation

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

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

TurboCASH VC Presentation

by Philip Copeman on Apr 21, 2009

Accessibility

Categories

Tags

Upload Details

Usage Rights

1 Embed 2

Statistics

TurboCASH VC Presentation — Webinar Transcript