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Evrybit
- 1. Evrybit Empowering and monetizing mobilestorytelling
- 2. PHOTOS 1 RECORD & EDITVIDEO 2 SHARE VIDEO 3 7 The Problem CONTENT MANAGEMENT SYSTEM (CMS) 56 PUBLISH 4 TEXT Mobile storytelling is an inefficient process with limited monetization opportunities.
- 3. EVRYBIT 1 PUBLISH2 3 TheSolution Evrybit streamlines live reporting, multimedia production, collaborative storytelling and content monetization.
- 4. $100 billion Total AvailableMarket 150M users 1M journalists 1M companies Serviceable Available Market 75M users 500K journalists 500K companies Initial Target Market 7.5M users 200K journalists X $50/month 20K companies X $5K/month $1 billion $1 milion Market Opportunity $1 million 1.5 billion smartphone users. Two-thirds of content media bits (2.9 trillion GB) are created by consumers. Source: IDC Digital Universe
- 5. How Is EvrybitDifferent? EVRYBIT SCRIBBLE LIVE COVERIT LIVE TWITTER TUMBLR Mobile-first reporting X X Multimedia production X X X X Collaborative Storytelling X X X Targeted native ads X Pro journalism tools X
- 6. Evrybit Value Boost efficiency Createbetter content Increase engagement Maximize revenue opportunities
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- 8. Evrybit Business Model REVENUESTREAMS • Enterprise licensing • Individual subscriptions • Advertising, sponsors, partnerships • Marketplace Financials (USD) 2014 2015 2016 2017 2018 Revenues $0 $425,000 $1,707,500 $7,637,500 $17,050,000 Expenses $23,240 $452,800 $1,209,000 $2,032,000 $2,595,000 Net ($23,240) ($27,800) $498,500 $5,605,500 $14,455,000
- 9. Evrybit Team ERIC ORTIZ| CEO LIZ FEDER| DESIGNERHENRY AQUINO | DEVELOPER MARIA BURNS ORTIZ | COO Programmer iOS/Android Web Studio Trilogy Software Journalist Knight Fellow Stanford University NESN ESPN Journalist Entrepreneur 7 Generation Games ESPN Fox News Latino UI/UX TokBox TruNorth Global Berlin Art Link
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Editor's Notes
- #6 Users can have static display ads alongside ScribbleLive, CoverItLive and Tumblr content, but the ads cannot be delivered within a story stream. Evrybit will have embeddable ads within story stream, similar to what Facebook does. Tumblr has limited data on users. Don’t know who audience is with Tumblr.
- #8 Degree of prototype development Product development began in early January 2014. We have a working prototype and plan to begin beta testing in June. We expect to have an iOS minimum viable product built by September.