SlideShare a Scribd company logo
Our Mission:
Gobstopper seeks to
revolutionize the reading lives of kids.
Our Vision:
10 years from now,
10 million kids will read
10 books a year on
Gobstopper.
Books are a 15th
century technology.
They don’t provide
feedback. They
aren’t interactive.
Reading 1.0 Is Broken
By 12th
grade,
only 21% of
students read
regularly.
“when . . .the majority of
your class go home and
blog about how much they
hate
[the assigned book], it
starts
to seem like a Fahrenheit
451-style plot to destroy
people's interest in
reading.” 1
1
from “4 Ways High School Makes You Hate Reading” (
http://www.cracked.com/blog/4-ways-high-school-makes-you-hate-reading )
21%
Reading 2.0 Rocks
+ Questions, quizzes,
and rich media
literally
jump out of the text
+ Reading is
supercharged
with the best of gaming
and social.
+ Gobstopper
is browser-based,
mobile optimized,
and lives in
the cloud.
+ Real-time
feedback and
right-time
instruction is
provided as
students
read.
Reading 2.0 is Teaching on Steroids
+ Crowd-sourced
marketplace
for
curricule
ts
+
Curricule
ts and
reports
are aligned
to Common Core.
+ Teachers can
easily create their
own “curriculet” layer.
+ Teachers
receive interactive
daily reporting.
+ Radically enhanced
teacher workflow.
Enabling Trends
475%growth in
Young
Adult
ebook
sales from
2011 to
2012.
“Half of 9-17 year-olds say
they would read more books for fun
if they had greater access to ebooks
— a 50% increase since 2010.”
+50%of high school
students
in the US own
a smartphone.
55%of schools
already
implement
BYOD (Bring
Your Own
Device)
programs.
Filling a Big Gap
is
streamlinin
g
behavior
management
is
fixing
the
data
pipe
is tearing
down
classroom
walls
is
revolutio
nizing how
books are
bought,
taught,
and read
in schools
is flipping
Math
instruction
is simplifying
video-based
instruction
is bringing
social to
K-12
Reading 1.0
Book Sales
$3.8B
2012 Annual
Revenue
Secondary School
Students
(including homeschool
students)
Significant Market Opportunity
Reading 1.0
Products
& Services
$7.76
BSIIA pegged
non-hardware
related
elearning
revenue for
2012
Reading 2.0
Addressable Market
$290
M
2011 Annual
Revenue
just for
Scholastic &
Accelerate
Reader
32M
3.2MTeachers &
Home School
Parents
Market Fundamentals:
Mauricio Alvarez | Co-Founder and CTO
+ Co-Founder and CTO of ZangZing, a photo sharing
company
+ Managing Director of Next Stage LLC, a seed
investment firm
+ Deputy CTO for BEA Systems (now part of
Oracle Corporation)
+ Co-Founder and VP of Engineering for The
Theory Center (Acquired by BEA Systems)
+ MS in Computer Science from Cornell University
Jason Singer | Co-Founder and CEO
+ Entrepreneur-in-Residence at New
Schools Venture Fund
+ Founder & Principal of two nationally
recognized KIPP schools
+ Co-Founder & VP of Bus Dev, FairAir -
Market Exchange for Airline Tickets
+ Co-Founder & Executive Director, CHALK -
Youth Development Agency
Marika Ismail | Lead Curriculum Developer
+ Veteran English and
Composition teacher
+ MFA in Creative Writing from
the University of Michigan
+ Published poet
Sean Neden | Lead Software Engineer
+ Front-end and UX specialist
+ Senior Software Developer for
GoDaddy
+ Founder of NoSweaters.com
+ BA in Computer Information
Systems from DeVry University
A Phenomenal Team
Revenue Assumptions
Notable Current Investors:
+ Reed Hastings,
CEO of NetFlix
+ New Schools
Venture Fund
+ Jennifer Moses &
Ron Beller
Raising Our Seed+ Round
$365
K
Amount of
convertibl
e debt
raised to
date
$1M
Goal
for
close
of seed+
round.
Major Milestones Acheived:
+ Pilot in 6 classrooms
with > 400 students
+ March 1st
beta launch
+ Robust full-featured
product
+ Over 1000 teacher
users in 3rd
month
Seed Round Milestones:
+ 12 months of
runway
+ Commerce
platform
complete
+ 100 books with
curriculets
+ Book rentals
operational
+ iOS and Android
apps launched
+ 100 school site
licenses sold
+ 1000 paid

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Angel list pitch deck

  • 1.
  • 2. Our Mission: Gobstopper seeks to revolutionize the reading lives of kids. Our Vision: 10 years from now, 10 million kids will read 10 books a year on Gobstopper.
  • 3. Books are a 15th century technology. They don’t provide feedback. They aren’t interactive. Reading 1.0 Is Broken By 12th grade, only 21% of students read regularly. “when . . .the majority of your class go home and blog about how much they hate [the assigned book], it starts to seem like a Fahrenheit 451-style plot to destroy people's interest in reading.” 1 1 from “4 Ways High School Makes You Hate Reading” ( http://www.cracked.com/blog/4-ways-high-school-makes-you-hate-reading ) 21%
  • 4. Reading 2.0 Rocks + Questions, quizzes, and rich media literally jump out of the text + Reading is supercharged with the best of gaming and social. + Gobstopper is browser-based, mobile optimized, and lives in the cloud. + Real-time feedback and right-time instruction is provided as students read.
  • 5. Reading 2.0 is Teaching on Steroids + Crowd-sourced marketplace for curricule ts + Curricule ts and reports are aligned to Common Core. + Teachers can easily create their own “curriculet” layer. + Teachers receive interactive daily reporting. + Radically enhanced teacher workflow.
  • 6. Enabling Trends 475%growth in Young Adult ebook sales from 2011 to 2012. “Half of 9-17 year-olds say they would read more books for fun if they had greater access to ebooks — a 50% increase since 2010.” +50%of high school students in the US own a smartphone. 55%of schools already implement BYOD (Bring Your Own Device) programs.
  • 7. Filling a Big Gap is streamlinin g behavior management is fixing the data pipe is tearing down classroom walls is revolutio nizing how books are bought, taught, and read in schools is flipping Math instruction is simplifying video-based instruction is bringing social to K-12
  • 8. Reading 1.0 Book Sales $3.8B 2012 Annual Revenue Secondary School Students (including homeschool students) Significant Market Opportunity Reading 1.0 Products & Services $7.76 BSIIA pegged non-hardware related elearning revenue for 2012 Reading 2.0 Addressable Market $290 M 2011 Annual Revenue just for Scholastic & Accelerate Reader 32M 3.2MTeachers & Home School Parents Market Fundamentals:
  • 9. Mauricio Alvarez | Co-Founder and CTO + Co-Founder and CTO of ZangZing, a photo sharing company + Managing Director of Next Stage LLC, a seed investment firm + Deputy CTO for BEA Systems (now part of Oracle Corporation) + Co-Founder and VP of Engineering for The Theory Center (Acquired by BEA Systems) + MS in Computer Science from Cornell University Jason Singer | Co-Founder and CEO + Entrepreneur-in-Residence at New Schools Venture Fund + Founder & Principal of two nationally recognized KIPP schools + Co-Founder & VP of Bus Dev, FairAir - Market Exchange for Airline Tickets + Co-Founder & Executive Director, CHALK - Youth Development Agency Marika Ismail | Lead Curriculum Developer + Veteran English and Composition teacher + MFA in Creative Writing from the University of Michigan + Published poet Sean Neden | Lead Software Engineer + Front-end and UX specialist + Senior Software Developer for GoDaddy + Founder of NoSweaters.com + BA in Computer Information Systems from DeVry University A Phenomenal Team
  • 11. Notable Current Investors: + Reed Hastings, CEO of NetFlix + New Schools Venture Fund + Jennifer Moses & Ron Beller Raising Our Seed+ Round $365 K Amount of convertibl e debt raised to date $1M Goal for close of seed+ round. Major Milestones Acheived: + Pilot in 6 classrooms with > 400 students + March 1st beta launch + Robust full-featured product + Over 1000 teacher users in 3rd month Seed Round Milestones: + 12 months of runway + Commerce platform complete + 100 books with curriculets + Book rentals operational + iOS and Android apps launched + 100 school site licenses sold + 1000 paid

Editor's Notes

  1. This slide needs both a graphic and a stylized way to present the 10, 10, 10 vision
  2. We could use simpler graphics here similar to what you did in the first deck
  3. We could use simpler graphics here similar to what you did in the first deck
  4. We could use simpler graphics here similar to what you did in the first deck
  5. We could use simpler graphics here similar to what you did in the first deck
  6. We could use simpler graphics here similar to what you did in the first deck
  7. This slide needs to be a very cool custom graphic – thinking along the lines of an infographic style
  8. So much time that doesn ’ t drive student achievement