SlideShare a Scribd company logo
T h i n k O l i o
David Kurfirst & Chris Zumtobel
Smartpitch Education Track
a p l a c e f o r m i s c e l l a n e o u s m i n d s
The Problem
• No easy way exists to connect hosts,
educators, and learners
• Hard to find affordable, high-level classes
nearby
• Universities are limiting, exclusive, and
expensive
Three Party Solution
Guides
Hosts
Learners
Breakdown
Cost:
$15-$20
Number of learners:
10-25
Revenue per class
$ 1 5 0 - $ 5 0 0
x
The Split
Guide
50%
Host
30%
Olio
20%
As Olio scales the percentages can change.
The Lifelong Learner
$17.5 billion personal interest education market
Meetup: 21 million users & 500,000 Meetups a month
The global sharing economy predicted to be $110 billion market
Competition
Expensive
Uncurated
Online only Single Location
Affordable
High-quality, vetted teachers
In-person learning Unlimited locations
Predicted Growth
Based on the sharing economy & the personal interest education market
$0
$1,500,000
$3,000,000
$4,500,000
$6,000,000
Year 1 Year 2 Year 3
100 Olios
per month
1,000 Olios
per month
3,000 Olios
per month
Timeline
February
Began incubator
Launched website
March
Hosted first 2 Olios
Press Coverage in Gothamist, PSFK, and The Skint
April
Hosted 4 more Olios
Revenue of $1500 and mailing list of 700
May
20 committed teacher and 15 host location
Quit jobs to commit full-time
What’s Next?
• 10 Olios
• Find a CTO
• Teacher and host growth
• Add functionality to site
• Guide & host manual
• Referral program
• Hold Olios where we are not present
High-level learning shouldn’t be confined to universities.
Learning in an interactive group setting should be as affordable
and accessible as a good meal, a movie, or a museum visit.
thinkolio.org

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