Wixi BP: Stimulus Plan from Mark Cuban - Presentation Transcript
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
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…”
Make it… Streaming! Social! Mobile! Unlimited! How to make storage rock? 100% Web-based desktop
What do you get for $5/month?
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.
Business Plan
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.
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
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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