This document outlines a proposed three service portal called MyVenture.co.in that connects inventors with investors through crowdfunding. The three main services are: 1) Share an Idea - allow users to share and discuss new ideas, 2) Crowdfund Your Startup - enable users to crowdfund their startup ideas, and 3) Revenue Model - outlines the projected revenue and expenses over four years as crowdfunding and advertising revenue grows. The key benefits of MyVenture are that it allows innovators and entrepreneurs to obtain funding without needing personal contacts or giving up large stakes in their companies, as often required when working with angel investors.
2. PROBLEM STATEMENT
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I’m an
Entrepreneur
I want to start
my business
Need x Lakhs
Anyone?
I’m an Angel
Investor !!
Will give you x
Lakhs +
Guidance
Need 30% of
your company
in return…
Do I have no
other option?
Yes you have.
CROWDFUNDING
3. A THREE SERVICE PORTAL
MyVenture
Share an
Idea
CrowdFund
Your Startup
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4. SHARE AN IDEA
Share an idea which you want to see on the market.
Join with people around the globe to work on an idea.
See or write ideas in different categories.
Keep most liked ideas on home page to increase user
interest.
Let people know by
a) holding competitions at IIT’s , IIM’s and medium
scale colleges like VJTI, TSEC and get a few
hundred biz ideas. 4
5. SHARE AN IDEA
b) Conducting city level competitions at radio stations
c) Make it compulsory to sign up to share or comment
or like an idea.
Source of Income: AD’s
Time: 8-12 months.
Return: large and highly demographic user base.
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6. CROWDFUND YOUR STARTUP
The 2nd service of MyVenture is “CrowdFunding”
wishberry.in -- only CrowdFunding platform in India
What is Crowd Funding?
Why Crowd Funding?
Why would the crowd give money?
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7. CROWDFUND YOUR STARTUP
USP’s : Start a free campaign ; cheapest crowd funding
in India ( 3% - 8% -16% ) ; campaigners are verified ;
larger timeframe ; referral system ; follow button ;
Campaign Consulting.
3-way win-win situation:
1. Startup doesn't have to approach angels. Just start
the business and rock the world !!
2. Crowds enjoy rewards or equities.
3. MyVenture earns through AD’s, premium campaign
listing, customized designs, money roll over and %
commission. Also we get a quality user-base which
is very crucial.
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8. REVENUE MODEL
Year 1 Year 2 (BEP) Year 3 Year 4
Revenue
Stream
Only AD’s CrowdFunding
and AD’s
CrowdFundi
ng, AD’s
and
investors.
CrowdFundin
g, AD’s,
investors &
recruiters
Revenue 35-40,000 9 L + 70,000 =
9.7 L
12 L +
70,000 +
2.5 L = 15.2
L
15 L + 1 L +
2.5 L + 1.7 L
= 20.2 L
Expenses 2.6 L 3.1 L 6.1 9.1 L
Net -2.2 L 6.6 L 9.1 L 11.1 L
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Average yield per crowdfunding = 20,000
Average yield per investment = 20,000
Homepage Design & Listing revenue per year = 60,000
(Year2/Campaigns)
9. SO HOW IS THIS DIFFERENT ?
Generally personal contacts needed for funding a
startup which is a major reason for less innovativeness
& entrepreneurship in India.
CROWDFUNDING:
1. Angels don’t invest in small amounts
2. Angels take away almost 1/4th stake
3. Angels make sure that all possibilities of personal
and family money are exhausted by the inventor.
4. Angels occupy a space on board of directors and
virtually run the company.
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10. SO HOW IS THIS DIFFERENT ?
Free marketing.
A unique solution: 24 hr 365 days availability of
opportunities.
Highly followed or liked idea often get funded and turn
into reality.
The users can also upload their videos on the portal.
This removes the misconception that “a person cannot
describe their idea online”
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11. SCALIBILITY – GOING INTERNATIONAL, FUND
UR SMALL BUSINESS
Going International
Fund your small business
We can give users a feature of adding “skills” and
“recommendation” that can help recruiters.
This can be another source of income (from recruiters
and job seekers)
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