Wixi BP: Stimulus Plan from Mark Cuban

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Wixi BP: Stimulus Plan from Mark Cuban - Presentation Transcript

  1. February 2009 [email_address] revolutionizing storage of media
    • Online Media Storage solution for 15-35 years old Internet users
    • Access Photo, Music & Video any time anywhere, any device!
    • Web-based desktop to organize hundreds of Gigabytes of files
    • 300,000 private beta users have already registered
    • Storage is the top 5 service paid online (after porn, music, dating, video)
    Play & Share All your media Anywhere for $4.99/month
  2. Needs “ Storage is cumbersome, expensive and not designed for media files” “ Want to share what I watch, what I listen…not only what I do” “ Waste of time copying my media files everywhere…”
  3. Make it… Streaming! Social! Mobile! Unlimited! How to make storage rock? 100% Web-based desktop
  4. What do you get for $5/month?
  5. Milestones/ Needs
    • Wixi was launched in September 2008 with 300,000 private beta testers and 1,5 Millions files uploaded.
    • Wixi membership is $4.99/month.
    • Wixi will be cash flow breakeven within 60 days.
    • Wixi will be profitable within 90 days.
    • Wixi needs $20,000/month to invest in CPA campaign.
    • On each subscription, Wixi earn $1/member/month.
    • Ten Wixians working all together 
    • Valuation: Get 1% of equity every month
    • with a 6 months commitment.
  6. Business Plan
  7. Unique Competitive Advantages
    • Revolutionary user experience
    • W ixi convert all the files to be able to play it from anywhere.
    • Rather than just uploading and downloading files, Wixi users can add a file from their Wixi community and discover a new Web2.0 storage experience.
    • Because most of the files will be copied and not uploaded, Wixi offers Unlimited Storage for premium users.
    • By offering almost instantaneous media availability, Wixi can control who has rights to which files for legal compliance and uniform quality.
    • A friends activity feed enables to know what people upload, watch or add on their Wixi.
  8. Go To Market Strategy ONLINE STORAGE MARKET $1B Market 50% INDIRECT DIRECT 50% Affiliate Entertainment portal Blog Torrents Web sites Broadband service providers Storage hardware providers Digital device manufacturers Mobile phone manufacturers
  9. Management Team
    • Arthur Madrid, Founder & CEO
      • 7 years Founder& CEO of Commercial P2P Software– 1-Click Media (Sold in 2007 to www.ipercast.com )
      • 2 years Media Consultant expertise – Eurogroup Finance
      • MBA Marketing, Dauphine University, Paris
    • Oleg Tschelsoff, Angel
      • Founder, Chairman of Fotolia.com
      • CEO of Hosting Provider, Amen.com (sold in 2004 to ViaNetworks)
      • NSIEG / French Enginnering shool
      • HEC / New York University ( Stern business school)
    • Sebastien Borget, COO
      • 5 years Computer Science programmation languages expertise
      • 3 years IT Project Management expertise
      • MSc Networks and Telecommunications, Telecom INT, PARIS
      • Lisandro Mac Gaugh, CTO
      • 15 years of programming Linux/UNIX systems in Perl/Python
      • 10 years of programming Websites and Web-based Applications
      • Public sites and applications for RDF, Semantic Web…
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