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Grade Catch Final Presentation Global Startup Challenge Boston 2016
GradeCatcher is an on-demand live streaming tutoring platform designed to accommodate busy student schedules. The tutoring market is valued at $11 billion, with a significant focus on high-achieving student athletes. Financial projections indicate increasing revenue over five years, with a transition to profitability by year four.
Grade Catch Final Presentation Global Startup Challenge Boston 2016
- 1. See our websiteat: www.gradecatcher.com Facebook: GradeCatcher Twitter: @Grade Catcher ON-DEMAND, LIVE STREAMING TUTORING PLATFORM
- 2. MEET THE TEAM Tanmaya Ramprasad CharlieMcLaughlin Louis Hsieh Nirmay Singhania Anne Marie Toolan Jason Yeager
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- 7. $ MARKET SIZE Tutoring is an $11billion market There are 1.2 million high achieving high school student athletes http://www.nwmissouri.edu/library/ResearchPapers/2012/Stegall,%20Ryan.pdf
- 8. COMPETITIVE LANDSCAPE More Convenient LessExpensive Less Convenient More Expensive
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- 10. ) FINANCIAL PROJECTIONS Year 1 Year 2 Year 3 Year 4 Year 5 Revenue Student Purchases 9,000 36,000 45,600 180,000 843,250 COGS Tutor Payment 5,850 23,400 29,650 117,000 548,112 OPEX Sales and MarkeAng 0 57,040 34,380 35,100 59,027 Office 0 Research & Development 7500 85,560 51,570 44,100 147, 569 EBIT -‐5,327 -‐130,000 -‐70,000 0 636,654 34% Tax Rate 0 0 0 0 0.34 Net Profit -‐5,327 -‐130,000 -‐70,000 0 216,500
- 11. KEY METRICS Tutors Students TotalMin Gross Profit Revenue Total 470 250 15,000 3,150 9,000
- 12. * COST STRUCTURE Platform Development Sales and Marketing Year 1Year 2 Year 3 0% 40% 40% 100% 60% 60% Year 4 Year 5 70% 30% 20% 50%
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