RE Capital's Visionary Leadership under Newman Leech
MobileCalc - Technology We Can All Trust
1. Technology We Can All Trust
“We wanted flying cars, instead we got 140 characters”
- Peter Thiel
2. Students can’t use smart devices in class
Smart devices AREN’T trusted
High Hardware Cost
Problem
Classrooms are lagging behind
3. Introduce a monitoring system for smart devices
Solution
Brings real world into the classroom
Generates trust in technology
Reduces cost of education
1
Enhances learning
2
3
4
8. Cost projections
• Launch by End of March 2014
Potential sources of funding
• Bootstrapping personal finances
• Equity investment
Initial production costs: $25,000
GPM = .947 or 94.7%
Total users in first 2 years: 850,000
Revenue Generated = $8,457,500
Financial Analysis
9. Advisors
1. Patrick Davis
Branding/Marketing Expert
2. Steve Nussrallah
Venture Capitalist
3. Dorian Kennedy
Patent Attorney
Mentors
1. Josh Woodward
Google Chrome Manager
Leadership and Management Team
2. Chris Demetree
Startup Veteran
10. What actions need to be taken?
Add team member – Development
Initial Idea – Proof of concept
Get it in the hands of consumers – Feedback
Next Steps
Exit - Buyout?
Potential companies: