SlideShare a Scribd company logo
Tools for learning and teaching Mandarin Chinese
more efficiently
laoshi.io
laoshi.io
problem
● Mandarin Chinese is the hardest language to learn
● Learning words and characters is the biggest obstacle
● Students don’t learn words before lessons — that breaks learning progress
● Just 20% of students study during 2 years and achieve HSK2 (300 vocabulary words)
market
● 60,000+ Mandarin Chinese language teachers worldwide
● 40 million people are studying Chinese as a second language
● Tutors can deal with 5 - 10 students, teachers — from 30 up to 200
● Owl ventures, Sequoia Capital, Tiger Global invested $176 million in LingoAce, a platform providing
online live classes for Mandarin Chinese language learners from ages 4 to 15
solution
Value for tutors:
● Less time for preparation and H/W
● Reduce students churn rate
● Find new students
● Earn more money
Newbies
&
Students
Teachers
&
Tutors
Value for students:
● Help with learning words
● Reduce preparation time
● Save money
● Best matching tutors
competitors
duolingo
skritter
quizlet
lingoace
laoshi
words textbooks focus on Chinese
handwriting SRS Tools for tutors
community
Competitive advantages
Community
Grammar wiki
Beginner course
Analytics for tutors
Exercise builder
roadmap
Tools for learning
words
Live teaching
marketplace
2021 2022 2023 2024
75%
50%
25%
10%
tutors retention
team
Sergei
Kondrashov
CEO
(domain expert)
Danil
Khasanshin
BDM
(experienced)
Natalia
Sinitsyna
Content director
(management)
Kostya
Zakharenko
Product designer
(responsible)
Zaur
Sundukov
CTO
(technical lead)
Mandarin Chinese,
Teaching, Author,
Network of schools
Business development,
Team building, Exit,
Fundraising, Networking
Content creation,
Tutoring, Passion,
School management
Product design,
Visual Style, Design
system, Scale
Science, Articles, Patents,
AI/ML, Research,
Hackathons, Code Jam
before that project we
— created a study book of Mandarin Chinese for beginners and sold 4,000+ copies directly to consumers
— organized and managed 8 offline schools in different cities with 2,000+ students
teacher growth
This is what teachers growth looks like
teacher retention
A sign of product-market fit
● 1,200 DAU, 13K MAU (organic, word of mouth)
● 3,700+ students are learning Mandarin Chinese with Laoshi
● 290+ teachers with 5 month retention: >40%
● 200+ paying subscribers;
● Active user engagement: all - 5 days a week, paying - 6.5 days
● Average time spent of active users in the app — 6 hours per week
summary
Danil danil@laoshi.io
Sergei sergei@laoshi.io
Appendix
Viral effect
New users organic spikes
business model
Tutor acquisition cost — $50
Tutor teaches at least 5 students
1-year subscription for students > $40
1-year revenue from 1 tutor of at least $200
Our plan for the next few years is to get 10,000 tutors
They will help us earn > $2,000,000 ARR just for using tools
Live lessons and courses (commission), help us reach at least $10,000,000 ARR
The ask
We are looking for $600k to release a stable version, become
profitable, and be ready to grow

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Pitch Deck Teardown: Laoshi's $570K Angel deck

  • 1. Tools for learning and teaching Mandarin Chinese more efficiently laoshi.io laoshi.io
  • 2. problem ● Mandarin Chinese is the hardest language to learn ● Learning words and characters is the biggest obstacle ● Students don’t learn words before lessons — that breaks learning progress ● Just 20% of students study during 2 years and achieve HSK2 (300 vocabulary words)
  • 3. market ● 60,000+ Mandarin Chinese language teachers worldwide ● 40 million people are studying Chinese as a second language ● Tutors can deal with 5 - 10 students, teachers — from 30 up to 200 ● Owl ventures, Sequoia Capital, Tiger Global invested $176 million in LingoAce, a platform providing online live classes for Mandarin Chinese language learners from ages 4 to 15
  • 4. solution Value for tutors: ● Less time for preparation and H/W ● Reduce students churn rate ● Find new students ● Earn more money Newbies & Students Teachers & Tutors Value for students: ● Help with learning words ● Reduce preparation time ● Save money ● Best matching tutors
  • 5. competitors duolingo skritter quizlet lingoace laoshi words textbooks focus on Chinese handwriting SRS Tools for tutors community Competitive advantages
  • 6. Community Grammar wiki Beginner course Analytics for tutors Exercise builder roadmap Tools for learning words Live teaching marketplace 2021 2022 2023 2024 75% 50% 25% 10% tutors retention
  • 7. team Sergei Kondrashov CEO (domain expert) Danil Khasanshin BDM (experienced) Natalia Sinitsyna Content director (management) Kostya Zakharenko Product designer (responsible) Zaur Sundukov CTO (technical lead) Mandarin Chinese, Teaching, Author, Network of schools Business development, Team building, Exit, Fundraising, Networking Content creation, Tutoring, Passion, School management Product design, Visual Style, Design system, Scale Science, Articles, Patents, AI/ML, Research, Hackathons, Code Jam before that project we — created a study book of Mandarin Chinese for beginners and sold 4,000+ copies directly to consumers — organized and managed 8 offline schools in different cities with 2,000+ students
  • 8. teacher growth This is what teachers growth looks like
  • 9. teacher retention A sign of product-market fit
  • 10. ● 1,200 DAU, 13K MAU (organic, word of mouth) ● 3,700+ students are learning Mandarin Chinese with Laoshi ● 290+ teachers with 5 month retention: >40% ● 200+ paying subscribers; ● Active user engagement: all - 5 days a week, paying - 6.5 days ● Average time spent of active users in the app — 6 hours per week summary
  • 13. Viral effect New users organic spikes
  • 14. business model Tutor acquisition cost — $50 Tutor teaches at least 5 students 1-year subscription for students > $40 1-year revenue from 1 tutor of at least $200 Our plan for the next few years is to get 10,000 tutors They will help us earn > $2,000,000 ARR just for using tools Live lessons and courses (commission), help us reach at least $10,000,000 ARR
  • 15. The ask We are looking for $600k to release a stable version, become profitable, and be ready to grow