SlideShare a Scribd company logo
Places our
         team has
         studied and
         worked




LifeSwap
A marketplace for job experiences
+                                                                                     2

    Our Team
    Diverse, balanced, qualified, and hungry
       Bastiaan Janmaat
           From the Netherlands
           Stanford MBA 2013
           Previously in Goldman Sachs’ PE/VC group (London, UK)

       Jack Dubie
           From Vermont
           Stanford BS & MS in Computer Science 2013
           Founder of Patron Apps, intern at Orchestra, Stanford CS course advisor

       Mikael Hamaoui
           From France
           Tulane BA 2007
           Left JP Morgan for LifeSwap in March, moving to Palo Alto

       Advisor: Mike Dorsey
           From Texas
           Stanford MS-MBA 2011
           Serial entrepreneur, founder of FounderSoup
+                                                     3

    Problem = the Job Market
    Three big problems with our jobs and how we get
    them:

        People want a
        glimpse of others’
        lives and jobs

        Students make
        uninformed career
        decisions

        Blue-collar workers
        are bored and
        unengaged
+                                                                  4

    Solution = LifeSwap
    The Airbnb of job experiences



        People want a               Mini-immersions: shadow
        glimpse of others’          someone in their job for a
        lives and jobs              day


        Students make               Student immersions: check
        uninformed career           out a company for a day
        decisions                   before committing


        Blue-collar workers         Blue-collar swaps: trade
                                    places with someone in a
        are bored and               different city for a week or
        unengaged                   two
+                                                                      5

    The world is your oyster…
    What job have you always wanted to experience?



        An accountant can go shadow     Mini-immersions: shadow
        a baker for a morning, and      someone in their job for a
        learn to bake croissants.       day

        A college senior can shadow     Student immersions: check
        a McKinsey consultant or an
        advertising executive for a     out a company for a day
        day.                            before committing

        A Starbucks barista in SF can   Blue-collar swaps: trade
        swap jobs and apartments        places with someone in a
        with a Starbucks barista in     different city for a week or
        Manhattan for 3 weeks.          two
+                                                     6

    Lean Start-up – getting things done
    We are prototyping offerings on TheLifeSwap.com
+                                                     7

    Lean Start-up – getting things done
    We are prototyping offerings on TheLifeSwap.com
+                                                                                     8

    Our market: anyone who wants to
    experience a different job or city
                 Market Size                           Competition
       Ultimate goal: to empower           There are no competitors, only
        anyone that’s curious about a
        specific adventure, location, or    substitutes:
        job to experience it
                                                   For Mini-immersions: Non-job
       Our first customers agreed to pay          related experiences (e.g.
        $50 for half-day immersions (e.g.          Vayable, Kijubi, Sidetour, etc).
        in a bakery). Our cut will be at           Reality TV.
        least 25% of that.

       Everyone between 18-65 should              For Student immersions:
        do at least one LifeSwap per               Internships. Job fairs. Online
        year. Assume we reach only 5%              resources. Vault.com.
        penetration.

       62% * 310m *5% * $50 * 25% =               For Blue-collar swaps:
        $120m.                                     Corporate job rotation
                                                   schemes. Vacation (?)
+                                                                                                      9

    Our Plan…
    We are pretotypers, hackers, do-ers

       Jan       Feb       Mar        Apr       May        Jun       Jul       Aug       Sep
    Already done                   Before summer                  This summer
     Assembled stellar team        Incorporate                   Execute 500 swaps
     Built website                 Rapidly prototype: benefit  Onboard 100 partners to
     Earned first revenue: $50.     from acceptance into            offer 1-day experiences
       For a LifeSwap experience     Stanford’s Launchpad            (bakers, breweries, law firms)
       with a bakery in SF.          class.                        Further develop our web
     Signed up five corporate      Pilot >50 swaps: we are         presence: empower user
       hosts, including:             going to hack this the same     registration and feedback,
       (1) Josey Baker’s bakery in   way the AirBnB founders         social network integration,
       SF                            went door to door to garner     and marketplace features.
       (2) Goody Silverstein;        their first users.            Produce viral videos and
       advertising agency           Develop website further:        tools for swappers to publicize
       (3) Webb Ranch Farm           allow basic                     their experiences
       (including harvesting and     registration, communication,
       farmer’s market               and photo uploading.
       experiences).
Contact us:
bjanmaat@stanford.edu
(650) 255 2662

Visit our website: www.TheLifeSwap.com

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Life swap presentation - 20120404

  • 1. Places our team has studied and worked LifeSwap A marketplace for job experiences
  • 2. + 2 Our Team Diverse, balanced, qualified, and hungry  Bastiaan Janmaat  From the Netherlands  Stanford MBA 2013  Previously in Goldman Sachs’ PE/VC group (London, UK)  Jack Dubie  From Vermont  Stanford BS & MS in Computer Science 2013  Founder of Patron Apps, intern at Orchestra, Stanford CS course advisor  Mikael Hamaoui  From France  Tulane BA 2007  Left JP Morgan for LifeSwap in March, moving to Palo Alto  Advisor: Mike Dorsey  From Texas  Stanford MS-MBA 2011  Serial entrepreneur, founder of FounderSoup
  • 3. + 3 Problem = the Job Market Three big problems with our jobs and how we get them: People want a glimpse of others’ lives and jobs Students make uninformed career decisions Blue-collar workers are bored and unengaged
  • 4. + 4 Solution = LifeSwap The Airbnb of job experiences People want a Mini-immersions: shadow glimpse of others’ someone in their job for a lives and jobs day Students make Student immersions: check uninformed career out a company for a day decisions before committing Blue-collar workers Blue-collar swaps: trade places with someone in a are bored and different city for a week or unengaged two
  • 5. + 5 The world is your oyster… What job have you always wanted to experience? An accountant can go shadow Mini-immersions: shadow a baker for a morning, and someone in their job for a learn to bake croissants. day A college senior can shadow Student immersions: check a McKinsey consultant or an advertising executive for a out a company for a day day. before committing A Starbucks barista in SF can Blue-collar swaps: trade swap jobs and apartments places with someone in a with a Starbucks barista in different city for a week or Manhattan for 3 weeks. two
  • 6. + 6 Lean Start-up – getting things done We are prototyping offerings on TheLifeSwap.com
  • 7. + 7 Lean Start-up – getting things done We are prototyping offerings on TheLifeSwap.com
  • 8. + 8 Our market: anyone who wants to experience a different job or city Market Size Competition  Ultimate goal: to empower There are no competitors, only anyone that’s curious about a specific adventure, location, or substitutes: job to experience it For Mini-immersions: Non-job  Our first customers agreed to pay related experiences (e.g. $50 for half-day immersions (e.g. Vayable, Kijubi, Sidetour, etc). in a bakery). Our cut will be at Reality TV. least 25% of that.  Everyone between 18-65 should For Student immersions: do at least one LifeSwap per Internships. Job fairs. Online year. Assume we reach only 5% resources. Vault.com. penetration.  62% * 310m *5% * $50 * 25% = For Blue-collar swaps: $120m. Corporate job rotation schemes. Vacation (?)
  • 9. + 9 Our Plan… We are pretotypers, hackers, do-ers Jan Feb Mar Apr May Jun Jul Aug Sep Already done Before summer This summer  Assembled stellar team  Incorporate  Execute 500 swaps  Built website  Rapidly prototype: benefit  Onboard 100 partners to  Earned first revenue: $50. from acceptance into offer 1-day experiences For a LifeSwap experience Stanford’s Launchpad (bakers, breweries, law firms) with a bakery in SF. class.  Further develop our web  Signed up five corporate  Pilot >50 swaps: we are presence: empower user hosts, including: going to hack this the same registration and feedback, (1) Josey Baker’s bakery in way the AirBnB founders social network integration, SF went door to door to garner and marketplace features. (2) Goody Silverstein; their first users.  Produce viral videos and advertising agency  Develop website further: tools for swappers to publicize (3) Webb Ranch Farm allow basic their experiences (including harvesting and registration, communication, farmer’s market and photo uploading. experiences).
  • 10. Contact us: bjanmaat@stanford.edu (650) 255 2662 Visit our website: www.TheLifeSwap.com