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Deck | 2013teamstupil@stupil.com
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Liberate Your Fundraising
Monday, July 22, 13
What We Do
BakeSale is setting out to make it easier for traditionally
underserved markets to make a bigger impact with
their social media.
Goal
Enable fundraisers* to activate their followers by asking
for support and making it easier than ever before for
supporters to make a contribution.
*NPOs, Political Organizations, and Individuals/Crowd Funding
Monday, July 22, 13
Problem
Fundraisers have difficulty converting their online following into
informed advocates and “paying customers” for two reasons:
1. Lack of information
being shared
2. Friction in the
fundraising process
Fundraisers are unable to share
the necessary information
required by their potential
supporters to pledge their
support or commit to a
contribution without leaving the
site they are on and visiting the
fundraisers website.
Contributions cannot occur
when and where a supporter
sees a call to action*. This
process usually requires a
combination of click-throughs,
redirects, multiple forms and
requiring excess information,
among other things.
*e.g. Facebook, Twitter, Blogs, etc
Traditionally, the online fundraising process can be a
PAIN
Monday, July 22, 13
Solution
We minimize the friction typically associated with the
contribution process and make it possible for fundraisers to:
BakeSale makes the online fundraising process
EASIER...and...BETTER for everyone involved.
Collect
Contributions
InformPromote
All in one location, directly where the campaign is
being shared.
Monday, July 22, 13
Solution
Anyone who raises money online will no longer be constrained to only
converting users on their website, with BakeSale we:
Import content
automatically
Combine all
resources into a
content-complete
package.
Attach payment
system & cross
domain security
features
Your embeddable
campaign is now
ready
Share and engage
instantly across
multiple channels
Increase money
raised with direct
contributions.
Maintain full
“home site”
functionality and
brand messaging.
Measure actual
conversions across
multiple channels.
By lowering the barriers typically associated with online fundraising, we
create an experience that is ridiculously easy to use and allows a level
of social activation unlike any other platform.
Monday, July 22, 13
Demo
Create a Campaign For Anything
Quickly and Easily
Only The Good Stuff
-Organization Type (Private, NPO, Political)
-Organization Name (NPOs require EIN)
-Team Info (& photo)
-Funding Goal ($$)
-Description of Campaign (Why it’s awesome)
Three Easy Steps:
1. Upload video/content
2. Enter campaign info.
3. Share practically anywhere
Monday, July 22, 13
Promote with Video. Why?
Because It’s Powerful
Everyone Loves Video
Video increases user engagement, brand exposure and enables fundraisers to better
promote their campaigns by creating a more clear and well understood message in a
format that is widely accepted and easily sharable.
Demo
Monday, July 22, 13
Better Informed Supporters
Showcase More Information
All information about the campaign travels along with every “share”, enabling viewers
to find out everything they need to know about the campaign before they
contribute--no more redirecting viewers to another site to find out more information.
Demo
Monday, July 22, 13
Increase Contributions
No More
Friction
Less clicks, less
required information,
and no more long
forms to fill out in
order to to contribute.
Collect
Anywhere
Supporters can
contribute directly
where they view the
campaign. No more
unnecessary click-
throughs and
redirects.
Demo
Monday, July 22, 13
Don’t Worry It’s Mobile
Promote, Inform, and Collect On Any Mobile Device
Even on mobile, BakeSale is still as powerful as ever. Supporters can interact with the
platform as they would on their computers by being able to view a campaign, find
out additional information, contribute and share all in one location.
Demo
Monday, July 22, 13
Market
Offline Online
Our Primary Market
Charitable Giving
$343.9B $25.8B
Growth
Up 14% vs. ’11
Opportunity
Accounts for only 7% of all
charitable giving!
Growth
Top 3
Blackbaud, Network for Good,
and Paypal account for $2.1B
from 115,000 organizations.
Secondary Markets
Up 6.7% vs. ’11
Top Sectors
Religion: 36%
Education: 16%
Human/Disaster: 11%
Crowd Funding Political
Est. $3B (up 50% vs. ’11)
Over 500 platforms
Obama raised $504B online
in ’12. Up from $403B in ’08
Over 500,000 elected officials
Growth
964K publicly supported NPOs
and churches in the US.
Monday, July 22, 13
Revenue Model
Initial
5% of every contribution + $1 per transaction.
Future
Cost per use/subscription plan: Can be leveraged to bring
transactional costs down for a fixed fee per use/month.
Platform add-ons (think eBay): “Premium” features added to
enhance the experience for campaign creators.
Advanced data/analytics
Transactional...For Starters
Monday, July 22, 13
Competition
Bring It...
Social/In-ContextTraditional
Feature Poor
Feature Rich
*
* regarding Google Wallet’s capabilities to handle contributions
Monday, July 22, 13
Competition
Competitive Advantages
Proprietary Tech
Focus on Integrations
Content First Philosophy
Led us to build our system around a robust content management
system that enables us to build a compelling and feature rich
experience.
Proprietary video player that works in social media channels
as well as traditional websites and blogs.
Platform is built to support any combination of content as
well as payment processors.
Our content management system is built to avoid common
pitfalls of time consuming external integrations without any
migration effort on the part of the end user.
Monday, July 22, 13
Acquisition
User Acquisition
Partnerships/Integrations
Advertisements/PR
Integrate with established user communities of other fundraising platforms
(e.g. Indiegogo, Kickstarter, etc).
Social media, Adwords and email campaigns.
Direct Engagement
Directly reach out to potential users/organizations and introduce them to
our platform.
Host seminars and speak at events to educate fundraisers on how to utilize
this new way of fundraising.
Promotions/Organic Growth
Double sided referrals: Lower rates for referrer and referee.
By nature, BakeSale is a platform meant to be shared, which acts as a form
of marketing.
Story placement in news outlets that focus on tech and fundraising.
Monday, July 22, 13
TEAM
Advisors:
Ryan Chacon, Co-Founder & Protector of the Realm (CEO)
Former Senior Developer at Acquia where he worked at the
White House and played a critical role in the web platform
development and security.
Benjamin Bunk, Co-Founder & Hand of the King (CTO)
Previous start-up experience: Designed and launched an
educational social network to University campus.
Background in finance, information systems and project
management (MBA).
Andrew Bunk
Attorney and
Start-up Advisor
Vivek Boray
International corporate
and Start-up Attorney
and Advisor
Background in security and scaling large web platforms.
(This company was founded on a 14 year friendship that started back in middle school band class)
Grows a substantial beard
during periods of intense
programming.
Monday, July 22, 13
Progress
Feb-March
Relocated to Santiago, Chile to participate in Gen. 6 of Start-Up Chile--
$40K equity free
Highlights
Finished 2nd prototype and Youtube Integration
Selected as a Top 20 Team of Start-Up Chile (out of 100)
April-May
Spoke with over 200 individual fundraisers and NPOs about BakeSale
Single sign-on and data storage set-up complete
Finished brand identity development
June-July
Stripe payment integration and website design complete
Platform backend development completed, site theme work started
Verbal commitments from Habitat for Humanity DC, Save the Children
Foundation, among others!
Monday, July 22, 13
Progress
The Future
Build BakeSale to be an incredibly powerful and self
sufficient platform without the need for an extensive
amount of outside funding.
E-Commerce
We plan to build on the advances made with BakeSale
to disrupt the e-commerce industry. We will make it
possible for anyone to take the full content and
functionality of their online store and share the entire
experience (from advertisement to checkout)
anywhere.
Monday, July 22, 13
Raising $300K = 12-Month Runway
Thanks for checking us out! We are currently fundraising. Please contact us
to discuss things further
Find Us!
Email
teamstupil@stupil.com
/teamstupil
@teambakesale
@teamstupil Pitchdreams.comBakesalelabs.com
Stupil.com
Phone
240.720.7528
We can say that now,
thanks JOBS Act
(check out the Appendix for more information)
Monday, July 22, 13
Appendix I
Funds Usage: 12 Months*
$150,000: Lean 12 months
$300,000 (in addition to above)
$500,000 (in addition to above)--could last 18-20 months
•~$80K-100K = Two founder’s salaries
•~$50K = overhead costs, outsourced/contractor work
•~$90K = Expand team with Drupal developer or designer
•~$60K = Sales/marketing intern, over head costs, outsourced/contractor work
•~$80K = Expand team with Drupal dev. or designer (whichever is left from above)
•~$50K = Entry level sales/marketing position
•~$70K = overhead costs, outsourced/contractor work
*See company and features roadmap on the following two slides
Monday, July 22, 13
Appendix II
Company Roadmap
6-Months
•Private Beta launch in mid-September: 3-5 NPOs
•Work with early adopters to track data and feedback, and make
necessary adjustments to platform in preparation for public launch (Jan
’14).
•Raise $300K for equity investment.
12-Months
•Begin building in additional revenue models and advanced analytics
integrations.
•1-3 external integrations with established fundraising platforms.
•Bring on 1 Drupal designer and 1 CSS/HTML5 designer.
18-Months (based on available funds, progress and usage patterns)
•Begin discussion for second round of fundraising--if needed.
•Expand sales/marketing team.
•Develop iOS and Android App.
Monday, July 22, 13
Appendix II
Tentative Features Roadmap*
6-Months
• Work with early adopters to make necessary adjustments to the platform
12-Months: Post Public Launch
18-Months and Beyond
•Monetization: Pay to lower the processing fee, custom branding options
•External integrations, photo gallery uploader, advanced analytics
•Starter campaign for new users, automatic funds transfer
•Charity information creation (for charities)
•Gamification, team accounts, internal search and messaging capabilities
•Mobile App, donation types, community forums, marketing assistance
*Features will change depending on feedback from users, funds available and usage patterns
•Perks, ‘follow a campaign’, alternative payment methods, donor database
•Move payments in house, advertisement network integrations
Monday, July 22, 13
Design Philosophy
Video Focus
Video captures
emotions and
displays the
message in the
most effective
way possible.
Content First
Most platforms focus on click-throughs or contributions when
promoting off site, we believe that content is what drives supporters
and in-turn contributions.
Minimalistic
Design
No clutter, no
unnecessary
information, only
the stuff that
matters.
Appendix III
(Hint: Content First)
Monday, July 22, 13
References
http://www.atlasofgiving.com/results-report
http://www.forbes.com/sites/suwcharmananderson/2012/05/11/
crowdfunding-raised-1-5bn-in-2011-set-to-double-in-2012/
http://swampland.time.com/2012/11/15/exclusive-obamas-2012-
digital-fundraising-outperformed-2008/
http://philanthropy.com/article/The-Big-Boom-in-Online-Giving/139965/
https://www.blackbaud.com/nonprofit-resources/charitablegiving
Thanks for the help!
http://www.iconarchive.com/show/icons8-metro-style-icons-by-
visualpharm.1.html
Monday, July 22, 13

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BakeSale Pitch Deck (text heavy)

  • 1. Deck | 2013teamstupil@stupil.com Angel.co/stupilPowered by Stupil Liberate Your Fundraising Monday, July 22, 13
  • 2. What We Do BakeSale is setting out to make it easier for traditionally underserved markets to make a bigger impact with their social media. Goal Enable fundraisers* to activate their followers by asking for support and making it easier than ever before for supporters to make a contribution. *NPOs, Political Organizations, and Individuals/Crowd Funding Monday, July 22, 13
  • 3. Problem Fundraisers have difficulty converting their online following into informed advocates and “paying customers” for two reasons: 1. Lack of information being shared 2. Friction in the fundraising process Fundraisers are unable to share the necessary information required by their potential supporters to pledge their support or commit to a contribution without leaving the site they are on and visiting the fundraisers website. Contributions cannot occur when and where a supporter sees a call to action*. This process usually requires a combination of click-throughs, redirects, multiple forms and requiring excess information, among other things. *e.g. Facebook, Twitter, Blogs, etc Traditionally, the online fundraising process can be a PAIN Monday, July 22, 13
  • 4. Solution We minimize the friction typically associated with the contribution process and make it possible for fundraisers to: BakeSale makes the online fundraising process EASIER...and...BETTER for everyone involved. Collect Contributions InformPromote All in one location, directly where the campaign is being shared. Monday, July 22, 13
  • 5. Solution Anyone who raises money online will no longer be constrained to only converting users on their website, with BakeSale we: Import content automatically Combine all resources into a content-complete package. Attach payment system & cross domain security features Your embeddable campaign is now ready Share and engage instantly across multiple channels Increase money raised with direct contributions. Maintain full “home site” functionality and brand messaging. Measure actual conversions across multiple channels. By lowering the barriers typically associated with online fundraising, we create an experience that is ridiculously easy to use and allows a level of social activation unlike any other platform. Monday, July 22, 13
  • 6. Demo Create a Campaign For Anything Quickly and Easily Only The Good Stuff -Organization Type (Private, NPO, Political) -Organization Name (NPOs require EIN) -Team Info (& photo) -Funding Goal ($$) -Description of Campaign (Why it’s awesome) Three Easy Steps: 1. Upload video/content 2. Enter campaign info. 3. Share practically anywhere Monday, July 22, 13
  • 7. Promote with Video. Why? Because It’s Powerful Everyone Loves Video Video increases user engagement, brand exposure and enables fundraisers to better promote their campaigns by creating a more clear and well understood message in a format that is widely accepted and easily sharable. Demo Monday, July 22, 13
  • 8. Better Informed Supporters Showcase More Information All information about the campaign travels along with every “share”, enabling viewers to find out everything they need to know about the campaign before they contribute--no more redirecting viewers to another site to find out more information. Demo Monday, July 22, 13
  • 9. Increase Contributions No More Friction Less clicks, less required information, and no more long forms to fill out in order to to contribute. Collect Anywhere Supporters can contribute directly where they view the campaign. No more unnecessary click- throughs and redirects. Demo Monday, July 22, 13
  • 10. Don’t Worry It’s Mobile Promote, Inform, and Collect On Any Mobile Device Even on mobile, BakeSale is still as powerful as ever. Supporters can interact with the platform as they would on their computers by being able to view a campaign, find out additional information, contribute and share all in one location. Demo Monday, July 22, 13
  • 11. Market Offline Online Our Primary Market Charitable Giving $343.9B $25.8B Growth Up 14% vs. ’11 Opportunity Accounts for only 7% of all charitable giving! Growth Top 3 Blackbaud, Network for Good, and Paypal account for $2.1B from 115,000 organizations. Secondary Markets Up 6.7% vs. ’11 Top Sectors Religion: 36% Education: 16% Human/Disaster: 11% Crowd Funding Political Est. $3B (up 50% vs. ’11) Over 500 platforms Obama raised $504B online in ’12. Up from $403B in ’08 Over 500,000 elected officials Growth 964K publicly supported NPOs and churches in the US. Monday, July 22, 13
  • 12. Revenue Model Initial 5% of every contribution + $1 per transaction. Future Cost per use/subscription plan: Can be leveraged to bring transactional costs down for a fixed fee per use/month. Platform add-ons (think eBay): “Premium” features added to enhance the experience for campaign creators. Advanced data/analytics Transactional...For Starters Monday, July 22, 13
  • 13. Competition Bring It... Social/In-ContextTraditional Feature Poor Feature Rich * * regarding Google Wallet’s capabilities to handle contributions Monday, July 22, 13
  • 14. Competition Competitive Advantages Proprietary Tech Focus on Integrations Content First Philosophy Led us to build our system around a robust content management system that enables us to build a compelling and feature rich experience. Proprietary video player that works in social media channels as well as traditional websites and blogs. Platform is built to support any combination of content as well as payment processors. Our content management system is built to avoid common pitfalls of time consuming external integrations without any migration effort on the part of the end user. Monday, July 22, 13
  • 15. Acquisition User Acquisition Partnerships/Integrations Advertisements/PR Integrate with established user communities of other fundraising platforms (e.g. Indiegogo, Kickstarter, etc). Social media, Adwords and email campaigns. Direct Engagement Directly reach out to potential users/organizations and introduce them to our platform. Host seminars and speak at events to educate fundraisers on how to utilize this new way of fundraising. Promotions/Organic Growth Double sided referrals: Lower rates for referrer and referee. By nature, BakeSale is a platform meant to be shared, which acts as a form of marketing. Story placement in news outlets that focus on tech and fundraising. Monday, July 22, 13
  • 16. TEAM Advisors: Ryan Chacon, Co-Founder & Protector of the Realm (CEO) Former Senior Developer at Acquia where he worked at the White House and played a critical role in the web platform development and security. Benjamin Bunk, Co-Founder & Hand of the King (CTO) Previous start-up experience: Designed and launched an educational social network to University campus. Background in finance, information systems and project management (MBA). Andrew Bunk Attorney and Start-up Advisor Vivek Boray International corporate and Start-up Attorney and Advisor Background in security and scaling large web platforms. (This company was founded on a 14 year friendship that started back in middle school band class) Grows a substantial beard during periods of intense programming. Monday, July 22, 13
  • 17. Progress Feb-March Relocated to Santiago, Chile to participate in Gen. 6 of Start-Up Chile-- $40K equity free Highlights Finished 2nd prototype and Youtube Integration Selected as a Top 20 Team of Start-Up Chile (out of 100) April-May Spoke with over 200 individual fundraisers and NPOs about BakeSale Single sign-on and data storage set-up complete Finished brand identity development June-July Stripe payment integration and website design complete Platform backend development completed, site theme work started Verbal commitments from Habitat for Humanity DC, Save the Children Foundation, among others! Monday, July 22, 13
  • 18. Progress The Future Build BakeSale to be an incredibly powerful and self sufficient platform without the need for an extensive amount of outside funding. E-Commerce We plan to build on the advances made with BakeSale to disrupt the e-commerce industry. We will make it possible for anyone to take the full content and functionality of their online store and share the entire experience (from advertisement to checkout) anywhere. Monday, July 22, 13
  • 19. Raising $300K = 12-Month Runway Thanks for checking us out! We are currently fundraising. Please contact us to discuss things further Find Us! Email teamstupil@stupil.com /teamstupil @teambakesale @teamstupil Pitchdreams.comBakesalelabs.com Stupil.com Phone 240.720.7528 We can say that now, thanks JOBS Act (check out the Appendix for more information) Monday, July 22, 13
  • 20. Appendix I Funds Usage: 12 Months* $150,000: Lean 12 months $300,000 (in addition to above) $500,000 (in addition to above)--could last 18-20 months •~$80K-100K = Two founder’s salaries •~$50K = overhead costs, outsourced/contractor work •~$90K = Expand team with Drupal developer or designer •~$60K = Sales/marketing intern, over head costs, outsourced/contractor work •~$80K = Expand team with Drupal dev. or designer (whichever is left from above) •~$50K = Entry level sales/marketing position •~$70K = overhead costs, outsourced/contractor work *See company and features roadmap on the following two slides Monday, July 22, 13
  • 21. Appendix II Company Roadmap 6-Months •Private Beta launch in mid-September: 3-5 NPOs •Work with early adopters to track data and feedback, and make necessary adjustments to platform in preparation for public launch (Jan ’14). •Raise $300K for equity investment. 12-Months •Begin building in additional revenue models and advanced analytics integrations. •1-3 external integrations with established fundraising platforms. •Bring on 1 Drupal designer and 1 CSS/HTML5 designer. 18-Months (based on available funds, progress and usage patterns) •Begin discussion for second round of fundraising--if needed. •Expand sales/marketing team. •Develop iOS and Android App. Monday, July 22, 13
  • 22. Appendix II Tentative Features Roadmap* 6-Months • Work with early adopters to make necessary adjustments to the platform 12-Months: Post Public Launch 18-Months and Beyond •Monetization: Pay to lower the processing fee, custom branding options •External integrations, photo gallery uploader, advanced analytics •Starter campaign for new users, automatic funds transfer •Charity information creation (for charities) •Gamification, team accounts, internal search and messaging capabilities •Mobile App, donation types, community forums, marketing assistance *Features will change depending on feedback from users, funds available and usage patterns •Perks, ‘follow a campaign’, alternative payment methods, donor database •Move payments in house, advertisement network integrations Monday, July 22, 13
  • 23. Design Philosophy Video Focus Video captures emotions and displays the message in the most effective way possible. Content First Most platforms focus on click-throughs or contributions when promoting off site, we believe that content is what drives supporters and in-turn contributions. Minimalistic Design No clutter, no unnecessary information, only the stuff that matters. Appendix III (Hint: Content First) Monday, July 22, 13