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Ilja Laurs - GetJar - Lithuania - Stanford Engineering - Feb 13 2012 v2

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Ilja Laurs - GetJar - Lithuania - Stanford Engineering - Feb 13 2012 v2

  1. 1. GetJar by Ilja Laurs Stanford Engineering European Entrepreneurship & Innovation 2/13/2012 1 GetJar Confidential
  2. 2. About GetJar • World’s largest independent app store • 450,000 Android, BlackBerry, Symbian, Java, and mobile web apps from 400,000 registered developers • 80,000,000 downloads per month • 2,500,000,000 downloads to date • Backed by Accel and Tiger Global, $42 million raised 120 million 80 million downloads downloads on GetJar on GetJar 110 million downloads on GetJar 2 GetJar Confidential
  3. 3. Leadership in Android Angry Birds for Android launch on GetJar exclusively Over 1 million downloads in the first day Zynga Mafia Wards for Android launch on GetJar exclusively Digital Chocolate launches Millionaire City for Android on GetJar exclusively 3 GetJar Confidential
  4. 4. App Discovery Business Model • GetJar runs a very different business model, paid discovery (App ads like Adsense) vs retail (iTunes, Android Market etc.). Developers bid for high exposure for their apps, just like websites bid for premium visibility in Google Adsense. Bids $2 per • To win the consumer, GetJar gives away best-selling install games and apps for free. 100’s of ultra- premium titles from all top Bids $1 per developers, install FREE to the consumers 4 GetJar Confidential
  5. 5. Lithuanian flat in 2005 to Time’s top 10 in 2010 Seattle office Series C $25m (Accel, Tiger Global) Series B $11m (Accel) Silicon Valley office Series A $6m (Accel), London office 5 GetJar Confidential
  6. 6. Ilja Laurs Founder & CEO 6 GetJar Confidential