Wax Music - Investor Deck

W
Wax Music - Investor Deck
The Problem 
Although concert attendance is up 26%, $24B worth of 
tickets go unsold every year. 
! 
This isn’t due to a lack of interest. It’s a problem of discovery. 
! 
• Concert & Event Promotion Market Research Report | IBIS World | NAICS 71133 | Sep 2014 - http://www.ibisworld.com/industry/default.aspx?indid=1960 
• LiveAnalytics - http://www.slideshare.net/LiveAnalytics/mobile-report-us-2013?related=1
our solution 
We are the first social platform where daily music discovery 
powers concert sales for every night of the week.
our approach 
Look, we get it. Social music sounds scary, but our approach 
& end goals are drastically different than most. 
We built a platform for daily use to 
share & discover music. By doing 
so, we created a larger top of the 
funnel to sell concert tickets. 
! 
On Wax Music - Social powers 
concert discovery.
using social to power ticket sales 
The people you follow, the songs you share, the music you 
engage with is all used to fuel your concert experience. 
THE WAX MUSIC EXPERIENCE 
Follow Tastemakers Engage with Content Concert Recommendations Purchase
early traction 
We launched in January under the name LuckyPennie & rebranded as Wax Music in October. 
! 
! 
! 
January October 
! 
! 
Since then, we’ve won Microsoft's Push the Web Forward Contest, were featured by top tech 
blogs, and were promoted by Apple as a Best New App - both overall & in the music 
category in 34 countries worldwide.
25K 
Registered 
Users 
60K Songs 
Shared 
1.2M 
Songs 
Processed 
1.7M Algorithm 
Inputs 
early engagement
competitive advantage 
We do not compete with music streaming (e.g., Spotify). We leverage these services 
& are platform agnostic to take advantage of the real opportunity - concerts. 
Revenue Per User 
Yearly Usage 
Daily Usage
the opportunity 
$24.9B 
concert & event promotion 
$28.7B 
forecasted in 2019 
It’s clear where the money is. 
$1B 
music streaming 
By introducing our users to more bands and connecting them with related concerts, Wax 
Music users will go to more concerts and unlock revenue opportunities for unsold tickets. 
• Concert & Event Promotion Market Research Report | IBIS World | NAICS 71133 | Sep 2014 - http://www.ibisworld.com/industry/default.aspx?indid=1960
Road Map 
Affiliate Tickets & Merch ————————— 
Exclusive Tickets & Merch ————— 
Year 1 Year 2 Year 3 
Seed Funding $750K 
Add 3 developers 
$14M 
$10.5M 
$7M 
$3.5M 
121,410 
active users 
902,025 
active users 
2,745,120 
active users 
Revenue 
from Active Users
the team 
Jonathan Lane - CEO 
• 10 yrs in music industry (RocketScience & Adrenaline Records) 
• Co-founded 2nd co-working space in Los Angeles (NextSpace) 
! 
dr. john wolanin - cpo 
• UI/UX Designer. Designed & shipped 30+ apps/websites 
• Dissertation on using music to diagnose adolescents 
Joseph Landon - cto 
• Former Director of Platform Development for Break.com 
• 16 years development experience 
Advisors 
**John and Joe have built 30+ apps together, including the #1 Travel App - Happy Cow 
at their development studio 
Tim Schigel 
ShareThis 
Tarek Kamil 
What If Sports 
Leo Nitzberg 
AEG/Goldenvoice
partnerships 
Exclusive Content 
Toni Braxton Mayer Hawthorne Plain White T’s Slash 
Ticketing Partners
fundraising 
We are raising $750K Seed Financing with our first $50K already 
committed. 
! 
Milestones to accomplish with seed financing 
• Establish partnerships with pilot venues to move unsold inventory 
• Improve human-powered music & concert algorithm 
• Location-based notifications & in-app ticket purchasing 
• Expansion to Android & Web
Wax Music - Investor Deck
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Wax Music - Investor Deck

  • 2. The Problem Although concert attendance is up 26%, $24B worth of tickets go unsold every year. ! This isn’t due to a lack of interest. It’s a problem of discovery. ! • Concert & Event Promotion Market Research Report | IBIS World | NAICS 71133 | Sep 2014 - http://www.ibisworld.com/industry/default.aspx?indid=1960 • LiveAnalytics - http://www.slideshare.net/LiveAnalytics/mobile-report-us-2013?related=1
  • 3. our solution We are the first social platform where daily music discovery powers concert sales for every night of the week.
  • 4. our approach Look, we get it. Social music sounds scary, but our approach & end goals are drastically different than most. We built a platform for daily use to share & discover music. By doing so, we created a larger top of the funnel to sell concert tickets. ! On Wax Music - Social powers concert discovery.
  • 5. using social to power ticket sales The people you follow, the songs you share, the music you engage with is all used to fuel your concert experience. THE WAX MUSIC EXPERIENCE Follow Tastemakers Engage with Content Concert Recommendations Purchase
  • 6. early traction We launched in January under the name LuckyPennie & rebranded as Wax Music in October. ! ! ! January October ! ! Since then, we’ve won Microsoft's Push the Web Forward Contest, were featured by top tech blogs, and were promoted by Apple as a Best New App - both overall & in the music category in 34 countries worldwide.
  • 7. 25K Registered Users 60K Songs Shared 1.2M Songs Processed 1.7M Algorithm Inputs early engagement
  • 8. competitive advantage We do not compete with music streaming (e.g., Spotify). We leverage these services & are platform agnostic to take advantage of the real opportunity - concerts. Revenue Per User Yearly Usage Daily Usage
  • 9. the opportunity $24.9B concert & event promotion $28.7B forecasted in 2019 It’s clear where the money is. $1B music streaming By introducing our users to more bands and connecting them with related concerts, Wax Music users will go to more concerts and unlock revenue opportunities for unsold tickets. • Concert & Event Promotion Market Research Report | IBIS World | NAICS 71133 | Sep 2014 - http://www.ibisworld.com/industry/default.aspx?indid=1960
  • 10. Road Map Affiliate Tickets & Merch ————————— Exclusive Tickets & Merch ————— Year 1 Year 2 Year 3 Seed Funding $750K Add 3 developers $14M $10.5M $7M $3.5M 121,410 active users 902,025 active users 2,745,120 active users Revenue from Active Users
  • 11. the team Jonathan Lane - CEO • 10 yrs in music industry (RocketScience & Adrenaline Records) • Co-founded 2nd co-working space in Los Angeles (NextSpace) ! dr. john wolanin - cpo • UI/UX Designer. Designed & shipped 30+ apps/websites • Dissertation on using music to diagnose adolescents Joseph Landon - cto • Former Director of Platform Development for Break.com • 16 years development experience Advisors **John and Joe have built 30+ apps together, including the #1 Travel App - Happy Cow at their development studio Tim Schigel ShareThis Tarek Kamil What If Sports Leo Nitzberg AEG/Goldenvoice
  • 12. partnerships Exclusive Content Toni Braxton Mayer Hawthorne Plain White T’s Slash Ticketing Partners
  • 13. fundraising We are raising $750K Seed Financing with our first $50K already committed. ! Milestones to accomplish with seed financing • Establish partnerships with pilot venues to move unsold inventory • Improve human-powered music & concert algorithm • Location-based notifications & in-app ticket purchasing • Expansion to Android & Web