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RAJIV SALIMATH
WWW.GETHAGGLE.COM | 1.855.5.HAGGLE
@RAJIVSALIMATH | RAJIV@GETHAGGLE.COM




Your World. Your Bargain.              © Beagles Inc.
The Problem                                                   2




                     Businesses have
                     no way of building   Commerce is not
  Users don’t know    a relationship        a personal
   their value to
                         with their        experience for
    businesses
                        customers           both parties




                                                     © Beagles Inc.
The Solution                                            3



   A web/mobile marketplace where users and
  businesses can connect, and set a fair price of
                   purchase




                                               © Beagles Inc.
What‟s Eating Kirsten?        4           Meanwhile at Momofuku…       4




  Why do all my friends want to go to       How do I fill tables when business is
 places that are expensive or hard to            slow during weekdays?
             get a seat at?




All these daily deal emails spamming          If only I could recognize my loyal
my inbox and not one of them making it      patrons and the movers and shakers
 easier for me to try a spot that I like.            and pamper them….



                                                                        © Beagles Inc.
Enter Haggle…                                                                                 6
      Kirsten’s Data
         Kirsten’s Data                   David sets a campaign to
                                         attract more patrons during
                                          down time and pick loyal
                      Social                 patrons on weekends
       Purchase       Data
         Data
                                          10 seats during free times
                  Access
                                          4 seats during busy times
                   Data
                                                                         Kirsten uses her data to
                                             Campaign Settings
                                                                        show how appealing she is
                                                                        to Momofuku and haggles
Is converted to real world
   Is converted to real world
                                                   Loyalty                to get a 20% discount
        metrics by Haggle
metrics by Haggle
     History                   Loyalty
                                              Social Influence

                                             Purchasing Power
    Influence              Purchasing
                             Power                 History

                                                                       David’s happy to get
                                                                       KirstenBeagles Inc. patron
                                                                            © as a loyal
The Product                                                  9
              Stunning user-interface




                                        David’s happy to get
                                        KirstenBeagles Inc. by…
                                             © as a loyal patron
                                              Backed
Technology                                                    10

       Powerful patent pending backend


                        Guidance
    Stats engine                           Negotiation
                       Engine that
    that converts                          Engine that
                      guides users in
   online data into                     fulfills the Haggle
                        the Haggle
  real world scores                            process
                          process




                                         David’s happy to get
                                         KirstenBeagles Inc. patron
                                              © as a loyal
Market Size                                                                                                                            7


                                                             60,000
                                                                                                        $16.36
   $42.5                     6,390
                                                                                                        Billion
Avg. Value
of a meal*            Online Bookings
                       per year, per               No. of Restaurants taking
                         restaurant                online bookings in North
                                                           America**
                                                                                               North American Restaurant Market



Restaurants make up only 12% of the total online deal/bookings market***


 12%

**US Census Bureau E-Stats 2012 ***Edison Research Daily Deals Report 2012 *Zagat Survey 2012 New York City Restaurants


                                                                                                                David’s happy to get
                                                                                                                KirstenBeagles Inc. patron
                                                                                                                     © as a loyal
Business Model                                                                              11
 We take a 1% commission (36 cents) from the business on each transaction



     42.5        -        15%          =    36.12     x         1%      =        $0.36



 Avg. value           Avg. discount                                           Commission
  per meal           availed by user




                                                    $360 Million
                            $36 Million
   $3.6Million



10M transactions        100M transactions           1B transactions

                                                                      David’s happy to get
                                                                      KirstenBeagles Inc. patron
                                                                           © as a loyal
Roadmap                                                                                                      13
 •   Approximately 60 trend-       •   Nationwide launch                  •   New verticals
     setting restaurants in NYC    •   Release Android app                •   Test Haggling in select
 •   Focused on $$$-rated and      •   Increased focus on Haggle
                                                                              restaurants outside the US
     above restaurants                 Platform and API



     Alpha Program                       Public Launch                          Expansion




               1Q „13                     2Q „13                 3Q „13                  4Q „13




                       Beta Program                              API Release

                   •    Larger audience of 500 restaurants   •   Empower developers to Haggle within their
                   •    Continue to gather feedback and          apps or e-commerce sites
                        iterate on product                   •   “Click to Haggle” button

                                                                                  David’s happy to get
                                                                                  KirstenBeagles Inc. patron
                                                                                       © as a loyal
Company                              WE LOVE MATH                                          13
                                     Regional Math Olympiad and AMTI Math Scholars
New York I 6 Members and 2 Interns   WE LOVE COMPUTER SCIENCE
                                     Distributed Computing at MIT, Masters in Software
                                     Engineering at Carnegie Mellon, senior engineers at
                                     BMC, Thoughtworks

                                     WE‟VE GOT PATENTS

                                     WE LOVE DESIGN
                                     Apps we have designed – Panelfly, Gamblino, Pair

                                     WE WENT TO GOOD SCHOOLS
                                     MIT, Dartmouth, IIM, Carnegie Mellon, USC, Trinity

Bangalore I 5 Members                WE BUILT DISRUPTIVE STARTUPS
                                     • Musambi Corp. – App Performance Management
                                       Software(acquired by Symphoniq)
                                     • Amperion Inc. -pioneer of Broadband over
                                       Powerlines
                                     • Personalized Media – Semantic Web Search
                                     • All Things Go – An music discovery website and
                                       record label

                                     WE‟VE BEEN ON YOUR SIDE OF THE TABLE
                                     • Partner at Global Internet Ventures
                                     • Associate at Polaris Ventures

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Haggle

  • 1. 1 RAJIV SALIMATH WWW.GETHAGGLE.COM | 1.855.5.HAGGLE @RAJIVSALIMATH | RAJIV@GETHAGGLE.COM Your World. Your Bargain. © Beagles Inc.
  • 2. The Problem 2 Businesses have no way of building Commerce is not Users don’t know a relationship a personal their value to with their experience for businesses customers both parties © Beagles Inc.
  • 3. The Solution 3 A web/mobile marketplace where users and businesses can connect, and set a fair price of purchase © Beagles Inc.
  • 4. What‟s Eating Kirsten? 4 Meanwhile at Momofuku… 4 Why do all my friends want to go to How do I fill tables when business is places that are expensive or hard to slow during weekdays? get a seat at? All these daily deal emails spamming If only I could recognize my loyal my inbox and not one of them making it patrons and the movers and shakers easier for me to try a spot that I like. and pamper them…. © Beagles Inc.
  • 5. Enter Haggle… 6 Kirsten’s Data Kirsten’s Data David sets a campaign to attract more patrons during down time and pick loyal Social patrons on weekends Purchase Data Data 10 seats during free times Access 4 seats during busy times Data Kirsten uses her data to Campaign Settings show how appealing she is to Momofuku and haggles Is converted to real world Is converted to real world Loyalty to get a 20% discount metrics by Haggle metrics by Haggle History Loyalty Social Influence Purchasing Power Influence Purchasing Power History David’s happy to get KirstenBeagles Inc. patron © as a loyal
  • 6. The Product 9 Stunning user-interface David’s happy to get KirstenBeagles Inc. by… © as a loyal patron Backed
  • 7. Technology 10 Powerful patent pending backend Guidance Stats engine Negotiation Engine that that converts Engine that guides users in online data into fulfills the Haggle the Haggle real world scores process process David’s happy to get KirstenBeagles Inc. patron © as a loyal
  • 8. Market Size 7 60,000 $16.36 $42.5 6,390 Billion Avg. Value of a meal* Online Bookings per year, per No. of Restaurants taking restaurant online bookings in North America** North American Restaurant Market Restaurants make up only 12% of the total online deal/bookings market*** 12% **US Census Bureau E-Stats 2012 ***Edison Research Daily Deals Report 2012 *Zagat Survey 2012 New York City Restaurants David’s happy to get KirstenBeagles Inc. patron © as a loyal
  • 9. Business Model 11 We take a 1% commission (36 cents) from the business on each transaction 42.5 - 15% = 36.12 x 1% = $0.36 Avg. value Avg. discount Commission per meal availed by user $360 Million $36 Million $3.6Million 10M transactions 100M transactions 1B transactions David’s happy to get KirstenBeagles Inc. patron © as a loyal
  • 10. Roadmap 13 • Approximately 60 trend- • Nationwide launch • New verticals setting restaurants in NYC • Release Android app • Test Haggling in select • Focused on $$$-rated and • Increased focus on Haggle restaurants outside the US above restaurants Platform and API Alpha Program Public Launch Expansion 1Q „13 2Q „13 3Q „13 4Q „13 Beta Program API Release • Larger audience of 500 restaurants • Empower developers to Haggle within their • Continue to gather feedback and apps or e-commerce sites iterate on product • “Click to Haggle” button David’s happy to get KirstenBeagles Inc. patron © as a loyal
  • 11. Company WE LOVE MATH 13 Regional Math Olympiad and AMTI Math Scholars New York I 6 Members and 2 Interns WE LOVE COMPUTER SCIENCE Distributed Computing at MIT, Masters in Software Engineering at Carnegie Mellon, senior engineers at BMC, Thoughtworks WE‟VE GOT PATENTS WE LOVE DESIGN Apps we have designed – Panelfly, Gamblino, Pair WE WENT TO GOOD SCHOOLS MIT, Dartmouth, IIM, Carnegie Mellon, USC, Trinity Bangalore I 5 Members WE BUILT DISRUPTIVE STARTUPS • Musambi Corp. – App Performance Management Software(acquired by Symphoniq) • Amperion Inc. -pioneer of Broadband over Powerlines • Personalized Media – Semantic Web Search • All Things Go – An music discovery website and record label WE‟VE BEEN ON YOUR SIDE OF THE TABLE • Partner at Global Internet Ventures • Associate at Polaris Ventures