1	
  
Blackpepper!
The good eating, good drinking
network.!
Overview
Fostering the new era of the social restaurant
By creating a platform for restaurants and bars to
directly interact with foodies.
2	
  
The Problem
•  Restaurants and bars maintain expensive websites.
•  They also have to navigate a scattered and generic
landscape of social media platforms.
•  Yet the amount of meaningful, direct interaction
between restaurants and bars and “foodies” is
minimal.
3	
  
Our Solution
A platform for restaurants
and bars to:
•  Sell creative “tickets”
•  Update daily menus
•  Publish updates and
their social calendar
•  Understand their most
intimate customers’
taste profiles
•  Welcome dinner groups
4	
  
Our Goals
5	
  
For restaurants and bars to set a city’s social agenda
To increase the number of dinners, meetups, and
everything in between
To make the interaction between restaurants and bars
and “foodies” more human
Why Now?
•  America’s eating habits are changing. Fast food
restaurants grew at half the CAGR of other restaurants from
2010-2015.
•  The birth of the foodie. 50% of millennials now consider
themselves foodies.
•  The rise of the social restaurant. 80% of restaurants use
social media as a marketing tactic.
6	
  
Our Users
Restaurant owner
7	
  
Food truck owner Chef Bartender
Dive bar manager Foodie The regular Girlfriend
Market Size
8	
  
Total Available Market:
$29b restaurant & bar
industry excess cash
Serviceable Available Market:
$3b targeted toward “foodies”
Serviceable
Obtainable
Market: $300m or
100k restaurants
Yelp revenue
$375m
OpenTable
revenue $190m
Competition
9	
  
Restaurant focus
General purpose
Owner-driven contentCrowd-driven content
Our Product
10	
  
Business Model
11	
  
•  Advertising. 10,000 users x 2 site visits per week x 8 pages per
visit x 2 ads per page x 52 weeks x $15 CPM = $250k/year.
•  Photography. 100 restaurants x 10% need photos per year x
$1000 per session = $10k/year.
•  Social media management. 100 restaurants x 10% need
social media management x $3000 a month x 12 months = $360k/year.
•  Ticketing. 10,000 users x 1 ticket/month $30 x 3% charge x 12
months = $108k/year.
Note:	
  Assumes	
  Bay	
  Area	
  scope	
  only	
  

BlackPepper

  • 1.
    1   Blackpepper! The goodeating, good drinking network.!
  • 2.
    Overview Fostering the newera of the social restaurant By creating a platform for restaurants and bars to directly interact with foodies. 2  
  • 3.
    The Problem •  Restaurantsand bars maintain expensive websites. •  They also have to navigate a scattered and generic landscape of social media platforms. •  Yet the amount of meaningful, direct interaction between restaurants and bars and “foodies” is minimal. 3  
  • 4.
    Our Solution A platformfor restaurants and bars to: •  Sell creative “tickets” •  Update daily menus •  Publish updates and their social calendar •  Understand their most intimate customers’ taste profiles •  Welcome dinner groups 4  
  • 5.
    Our Goals 5   Forrestaurants and bars to set a city’s social agenda To increase the number of dinners, meetups, and everything in between To make the interaction between restaurants and bars and “foodies” more human
  • 6.
    Why Now? •  America’seating habits are changing. Fast food restaurants grew at half the CAGR of other restaurants from 2010-2015. •  The birth of the foodie. 50% of millennials now consider themselves foodies. •  The rise of the social restaurant. 80% of restaurants use social media as a marketing tactic. 6  
  • 7.
    Our Users Restaurant owner 7   Food truck owner Chef Bartender Dive bar manager Foodie The regular Girlfriend
  • 8.
    Market Size 8   TotalAvailable Market: $29b restaurant & bar industry excess cash Serviceable Available Market: $3b targeted toward “foodies” Serviceable Obtainable Market: $300m or 100k restaurants Yelp revenue $375m OpenTable revenue $190m
  • 9.
    Competition 9   Restaurant focus Generalpurpose Owner-driven contentCrowd-driven content
  • 10.
  • 11.
    Business Model 11   • Advertising. 10,000 users x 2 site visits per week x 8 pages per visit x 2 ads per page x 52 weeks x $15 CPM = $250k/year. •  Photography. 100 restaurants x 10% need photos per year x $1000 per session = $10k/year. •  Social media management. 100 restaurants x 10% need social media management x $3000 a month x 12 months = $360k/year. •  Ticketing. 10,000 users x 1 ticket/month $30 x 3% charge x 12 months = $108k/year. Note:  Assumes  Bay  Area  scope  only