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Unconventional Evernote
                         Frontiers of Interactions, June 21, 2011
                         Dmitry Stavisky, VP of International Operations
 1.1

Tuesday, June 21, 2011                                                     1
Mission: To Give Everyone a Better Memory




       Evernote is building the global platform
                 for human memory
        We want to be the trusted, permanent and ubiquitous
      destination for user lifetime memories and to power all the
                    products that connect to them




Tuesday, June 21, 2011                                              2
The Evernote Service
   Capture Everything
      •      Store everything
             interesting that happens
             to you using your
             computer, phone,
             camera, scanner, etc.

      •      Sync everything to the
             cloud and your other
             devices for fast, reliable
             access

      •      Quickly recall any
             memory from any device



Tuesday, June 21, 2011                    3
Tuesday, June 21, 2011   4
Tuesday, June 21, 2011   4
Tuesday, June 21, 2011   4
Tuesday, June 21, 2011   4
Tuesday, June 21, 2011   4
Search Technologies

                          Unique technology
                          recognizes printed and
                          handwritten text in images,
                          even in poor conditions.

                          Geo-tagging and
                          timestamps allow search
                          by time or place.

                          Full text search in notes,
                          documents and PDFs.

                          Visual browsing and
                          associative memory make
                          search very intuitive.


Tuesday, June 21, 2011                                  5
Search Technologies

               Remember Everything   Unique technology
                                     recognizes printed and
                                     handwritten text in images,
                                     even in poor conditions.

                                     Geo-tagging and
                                     timestamps allow search
                                     by time or place.

                                     Full text search in notes,
                                     documents and PDFs.

                                     Visual browsing and
                                     associative memory make
                                     search very intuitive.


Tuesday, June 21, 2011                                             5
What You Can Do with Evernote?

  • Clip web pages - recipes, flight schedule, book
    review, poem, business article...
  • Keep scans of your documents with you
  • Remember(encrypted)
    numbers...
               your passwords, accounts, credit card

  • Store business card snapshots
  • Record lectures
  • Keep a diary, remember your great idea
  • Collect project your next trip, purchase, or home
    repairs
            info for


Tuesday, June 21, 2011                                  6
IBM, Apple, Amazon...




Tuesday, June 21, 2011      7
IBM, Apple, Amazon...

       Q: What do they have in common?




Tuesday, June 21, 2011                   7
IBM, Apple, Amazon...

       Q: What do they have in common?
       A: These are companies “built around an idea that transcends
       any particular product or technology” (The Economist)
       So is Evernote!




Tuesday, June 21, 2011                                                7
Evernote’s Ambition




                             Personal   Social




Tuesday, June 21, 2011                           8
Evernote’s Ambition




                             Personal         Social




       Evernote is creating a new “genre” - memory extension.
       The goal is to be a historically significant company.
       We want to be a signature brand for information-centric people.
Tuesday, June 21, 2011                                                   8
User Growth
                         #!"




                               !"##"$%&'
                         +"
                                           Evernote publicly
                         *"                launched in June 2008.
                         )"
                                           The total number of
                                           registered users crossed
                         ("
                                           the 10 million mark 2
                         '"
                                           weeks ago.

                         &"                It took only 38 days to
                                           add the 10th million.
                         %"
                                           Everyone at Evernote got
                         $"                an iPad 2 (64GB 3G)!
                         #"

                         !"
        ), "
      #) *"




        ), "
      #) +"




        ), "
       #) !"

       #) #"

              #"
      #) *"

      #) *"

      #) *"

               "




      #) +"

      #) +"

      #) +"

               "




      #) !"

      #) !"

      #) !"

               "
     ,# !*




     ,# !+




     ,# #!
     ,# !*




     ,# !+




     ,# #!
    $, !!




    $, !!




    $, !#

    &, $!#
            !#
    &, $!!

    (, !!

    *, !!




    &, $!!

    (, !!

    *, !!




    &, $!#

    (, !#

    *, !#
   #$ ,$!




   #$ ,$!




   #$ ,$!
   #! ,$!




   #! ,$!




   #! ,$!
           $




           $




           $


         ,$
         ,$

         ,$




         ,$

         ,$




         ,$

         ,$




         ,
         ,




         ,




         ,
        )




        )




        )
      #)
    $,




Tuesday, June 21, 2011                                                9
User Growth




Tuesday, June 21, 2011   10
Unconventional Idea




                                                Ev




Tuesday, June 21, 2011                         11
Unconventional Idea
       Problem & product definition - memory extension




                                                         Ev




Tuesday, June 21, 2011                                  11
Unconventional Idea
       Problem & product definition - memory extension
       Universal need



                                                         Ev




Tuesday, June 21, 2011                                  11
Unconventional Idea
       Problem & product definition - memory extension
       Universal need
       Focus on everything in your head: not just contacts, or to-dos,
       or files, or pictures, or web clips or notes or audio, but
       everything, together and in-context
                                                                          Ev




Tuesday, June 21, 2011                                                   11
Unconventional Idea
       Problem & product definition - memory extension
       Universal need
       Focus on everything in your head: not just contacts, or to-dos,
       or files, or pictures, or web clips or notes or audio, but
       everything, together and in-context
                                                                          Ev
      Anti-social (Well, almost...)




Tuesday, June 21, 2011                                                   11
Unconventional Execution




                                                     Ev




Tuesday, June 21, 2011                              12
Memory Extension
     •      Your external brain ought to be with you everywhere you go




                                                                          Ev




Tuesday, June 21, 2011                                                   13
Memory Extension
     •      Your external brain ought to be with you everywhere you go

     •      Thus broad platform support and hybrid architecture




                                                                          Ev




Tuesday, June 21, 2011                                                   14
Supported Platforms
                                                                                                                               Evernote  Corporation

                                                                                                     http://www.evernote.com

                                                                                Clip  to  Evernote




                         PRO   ON   WIRELESS  LAN




                                                    Evernote Currently Supports:
                   Windows                                iPhone /iPod Touch   BlackBerry
                   MacOS                                  iPad                 HP WebOS
                   All modern browsers                    Android Phones       Windows Mobile
                   Browser extensions                     Android Tablets      Windows Phone 7
Tuesday, June 21, 2011                                                                                                                                 15
Memory Extension
     •       Your external brain ought to be with you everywhere you go

     •       Thus broad platform support and hybrid architecture

         •      support for all reasonable computing platforms (14)

         •      toaster & fridge versions are coming

         •      native apps                                                                                     Ev




               •         intelligently consistent UX

               •         native experience, no x-platform tools, HTML wrappers, no lowest common denominator


         •      local data replica - available on the plane, in the mountains, while roaming

         •      side effect - offload our servers - lower cost of running the service




Tuesday, June 21, 2011                                                                                         16
Universal Need




                                           Ev




Tuesday, June 21, 2011                    17
Universal Need
       95% of future Evernote users live outside of the US




                                                              Ev




Tuesday, June 21, 2011                                       17
Universal Need
       95% of future Evernote users live outside of the US
                   early international expansion




                                                              Ev




Tuesday, June 21, 2011                                       17
Universal Need
       95% of future Evernote users live outside of the US
                   early international expansion
                   36 x 14 - localization to 36 languages on 14 platofrms




                                                                             Ev




Tuesday, June 21, 2011                                                      17
Users by Country

              1!#
                         345*0#
                                                 •   Fully localized into 12
          -1# 2&#                                    languages, including:
          $&#             6&#
      /0#
      $&#
-.#                                                  English, Spanish, German,
$&#                                        !"#
                                          $%&#       Russian, French, Italian,
                                                     Dutch, Swedish, Japanese,
                                                     Traditional Chinese, and
    *!#                                              Korean
   +,&#




                                                 •   Dozen more languages -
                                                     work in progress
                               '(#
                              $)&#




Tuesday, June 21, 2011                                                         18
28 Evernote Books in Japan
                         From Mar 2010 - June 2011




Tuesday, June 21, 2011                               19
What Is It?




                                        Ev




Tuesday, June 21, 2011                 20
What Is It?
       Hard to define? Allow users define what the product is!




                                                                Ev




Tuesday, June 21, 2011                                         20
What Is It?
       Hard to define? Allow users define what the product is!
                   Breaking work/life barrier, life/work buddy




                                                                  Ev




Tuesday, June 21, 2011                                           20
What Is It?
       Hard to define? Allow users define what the product is!
                   Breaking work/life barrier, life/work buddy
       Hard to explain? Let users do it!



                                                                  Ev




Tuesday, June 21, 2011                                           20
What Is It?
       Hard to define? Allow users define what the product is!
                   Breaking work/life barrier, life/work buddy
       Hard to explain? Let users do it!
                   User stories - blog, contests



                                                                  Ev




Tuesday, June 21, 2011                                           20
What Is It?
       Hard to define? Allow users define what the product is!
                   Breaking work/life barrier, life/work buddy
       Hard to explain? Let users do it!
                   User stories - blog, contests

       Product is our main marketing tool

                                                                  Ev




Tuesday, June 21, 2011                                           20
What Is It?
       Hard to define? Allow users define what the product is!
                   Breaking work/life barrier, life/work buddy
       Hard to explain? Let users do it!
                   User stories - blog, contests

       Product is our main marketing tool
                   Why do I need Evernote? How can I use it?
                                                                  Ev




Tuesday, June 21, 2011                                           20
What Is It?
       Hard to define? Allow users define what the product is!
                   Breaking work/life barrier, life/work buddy
       Hard to explain? Let users do it!
                   User stories - blog, contests

       Product is our main marketing tool
                   Why do I need Evernote? How can I use it?
                   Free version                                   Ev




Tuesday, June 21, 2011                                           20
Ambitious? Get Help!




                                                 Ev




Tuesday, June 21, 2011                          21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory




                                                                        Ev




Tuesday, June 21, 2011                                                 21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory
                   Evernote team is 70 people (year ago - 30)




                                                                        Ev




Tuesday, June 21, 2011                                                 21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory
                   Evernote team is 70 people (year ago - 30)
       Early focus on building an ecosystem


                                                                        Ev




Tuesday, June 21, 2011                                                 21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory
                   Evernote team is 70 people (year ago - 30)
       Early focus on building an ecosystem
                   Supported by the architecture - comprehensive API


                                                                        Ev




Tuesday, June 21, 2011                                                 21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory
                   Evernote team is 70 people (year ago - 30)
       Early focus on building an ecosystem
                   Supported by the architecture - comprehensive API
                   The Trunk
                                                                        Ev




Tuesday, June 21, 2011                                                 21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory
                   Evernote team is 70 people (year ago - 30)
       Early focus on building an ecosystem
                   Supported by the architecture - comprehensive API
                   The Trunk
                   Affiliate program
                                                                        Ev




Tuesday, June 21, 2011                                                 21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory
                   Evernote team is 70 people (year ago - 30)
       Early focus on building an ecosystem
                   Supported by the architecture - comprehensive API
                   The Trunk
                   Affiliate program
                                                                                   Ev
                   First Evernote Trunk Conference - August 18 in San Francisco




Tuesday, June 21, 2011                                                            21
Ambitious? Get Help!
       Hundreds of millions of users will rely on Evernote for their
       lifetime memory
                   Evernote team is 70 people (year ago - 30)
       Early focus on building an ecosystem
                   Supported by the architecture - comprehensive API
                   The Trunk
                   Affiliate program
                                                                                   Ev
                   First Evernote Trunk Conference - August 18 in San Francisco
                   Developer Contest - $100,000 in prizes!




Tuesday, June 21, 2011                                                            21
The Evernote Trunk
                                        Enabled by open API

                                        In-app showcase of
                                        integrated products,
                                        services and content

                                        Designed to bring
                                        additional functionality
                                        to Evernote users,
                                        publicity and new
                                        revenue streams to
                                        partners

                                        Works with existing app
                                        stores, marketplaces
                                        and channels

  evernote.com/about/trunk
Tuesday, June 21, 2011                                             22
Ecosystem Stats (May)
    •      Over 5,070 developers using Evernote API

    •      627 are live on production servers

    •      More than 180 items in the Trunk - with more added
           every week. Over 80 iPhone and 60 Android apps
           integrating Evernote available in App Stores

    •      Featured partners:
     Mobile Manufacturers         Devices         Apps & Services




Tuesday, June 21, 2011                                              23
The Money Question...




                                                  Ev




Tuesday, June 21, 2011                           24
The Money Question...

       Hundreds of millions of users will rely on Evernote for their
       lifetime memory



                                                                        Ev




Tuesday, June 21, 2011                                                 24
The Money Question...

       Hundreds of millions of users will rely on Evernote for their
       lifetime memory

                  And who will pay for it? Servers, storage, pipes, Support, Dmitry...

                                                                                          Ev




Tuesday, June 21, 2011                                                                   24
“Freemium” Business Model

    • All of Evernote’s applications are free
    • Basic Evernote service is free
    • Use Evernote for free forever
    • Upgrade to premium ($5/mo) whenever you want
    • Provides additional features for active users
    • Upgrade or cancel anytime without losing your
      notes
    • Over yearsof active subscribers who used Evernote
      for 2
            20%
                 are paying customers

Tuesday, June 21, 2011                                    25
Increasing Value Over Time
                                                    34%$+*,%"5*+4%$.'*+",*"#$%&'(&"
                                                                                                                                             The longer someone
                    &'"!!#$
                    &&"!!#$                                                                                                                  uses Evernote, the
                    &%"!!#$                                                                                                                  more valuable it
                    &!"!!#$
                    %-"!!#$
                                                                                                                                             becomes for them.
                    %,"!!#$
                    %+"!!#$
                    %*"!!#$                                                                                                                  The easiest way to
                    %)"!!#$
                    %("!!#$
                                                                                                                                             get a million people
                    %'"!!#$                                                                                                                  to pay for your non-
       !"#$%&'(&"




                    %&"!!#$                                                                                                                  scarcity-based
                    %%"!!#$
                    %!"!!#$                                                                                                                  product may be to
                     -"!!#$                                                                                                                  make 100 million
                     ,"!!#$
                     +"!!#$
                                                                                                                                             people fall in love
                     *"!!#$                                                                                                                  with it!
                     )"!!#$
                     ("!!#$
                     '"!!#$
                     &"!!#$
                     %"!!#$
                     !"!!#$
                              %$ &$ '$ ($ )$ *$ +$ ,$ -$ %!$%%$%&$%'$%($%)$%*$%+$%,$%-$&!$&%$&&$&'$&($&)$&*$&+$&,$&-$'!$'%$'&$''$'($')$'*$
                                                                   )*+,-."/'+0%"1*'+'+2"34%$+*,%"



Tuesday, June 21, 2011                                                                                                                                          26
Evolution of What You Worry About

   • It used to be money
       •       raising money in the middle of financial crisis

   • Then it was the product
   • Over the last couple of months
       •       cost of electricity

       •       supporting international users

       •       taxes

       •       office layout!

   • But the greatest challenge is always HIRING!
Tuesday, June 21, 2011                                          27
The Best of Times
                   Evernote would be impossible even 5
                   years ago

                   Today - App Stores
            + Cloud Services
            + Open Source Infrastructure
            + Social Media
            + Freemium Economics

            = Geek Meritocracy!
Tuesday, June 21, 2011                                   28
Thanks!


    Get Evernote at evernote.com

    Latest news at blog.evernote.com and on
    Twitter @evernote, hash tag #evernote

    Dmitry Stavisky
    VP, International Operations
    dmitry@evernote.com
    +1(508)728-6758




Tuesday, June 21, 2011                        29

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Unconventional Evernote, Dmitry Stavisky @ Frontiers of Interaction 2011

  • 1. Unconventional Evernote Frontiers of Interactions, June 21, 2011 Dmitry Stavisky, VP of International Operations 1.1 Tuesday, June 21, 2011 1
  • 2. Mission: To Give Everyone a Better Memory Evernote is building the global platform for human memory We want to be the trusted, permanent and ubiquitous destination for user lifetime memories and to power all the products that connect to them Tuesday, June 21, 2011 2
  • 3. The Evernote Service Capture Everything • Store everything interesting that happens to you using your computer, phone, camera, scanner, etc. • Sync everything to the cloud and your other devices for fast, reliable access • Quickly recall any memory from any device Tuesday, June 21, 2011 3
  • 9. Search Technologies Unique technology recognizes printed and handwritten text in images, even in poor conditions. Geo-tagging and timestamps allow search by time or place. Full text search in notes, documents and PDFs. Visual browsing and associative memory make search very intuitive. Tuesday, June 21, 2011 5
  • 10. Search Technologies Remember Everything Unique technology recognizes printed and handwritten text in images, even in poor conditions. Geo-tagging and timestamps allow search by time or place. Full text search in notes, documents and PDFs. Visual browsing and associative memory make search very intuitive. Tuesday, June 21, 2011 5
  • 11. What You Can Do with Evernote? • Clip web pages - recipes, flight schedule, book review, poem, business article... • Keep scans of your documents with you • Remember(encrypted) numbers... your passwords, accounts, credit card • Store business card snapshots • Record lectures • Keep a diary, remember your great idea • Collect project your next trip, purchase, or home repairs info for Tuesday, June 21, 2011 6
  • 13. IBM, Apple, Amazon... Q: What do they have in common? Tuesday, June 21, 2011 7
  • 14. IBM, Apple, Amazon... Q: What do they have in common? A: These are companies “built around an idea that transcends any particular product or technology” (The Economist) So is Evernote! Tuesday, June 21, 2011 7
  • 15. Evernote’s Ambition Personal Social Tuesday, June 21, 2011 8
  • 16. Evernote’s Ambition Personal Social Evernote is creating a new “genre” - memory extension. The goal is to be a historically significant company. We want to be a signature brand for information-centric people. Tuesday, June 21, 2011 8
  • 17. User Growth #!" !"##"$%&' +" Evernote publicly *" launched in June 2008. )" The total number of registered users crossed (" the 10 million mark 2 '" weeks ago. &" It took only 38 days to add the 10th million. %" Everyone at Evernote got $" an iPad 2 (64GB 3G)! #" !" ), " #) *" ), " #) +" ), " #) !" #) #" #" #) *" #) *" #) *" " #) +" #) +" #) +" " #) !" #) !" #) !" " ,# !* ,# !+ ,# #! ,# !* ,# !+ ,# #! $, !! $, !! $, !# &, $!# !# &, $!! (, !! *, !! &, $!! (, !! *, !! &, $!# (, !# *, !# #$ ,$! #$ ,$! #$ ,$! #! ,$! #! ,$! #! ,$! $ $ $ ,$ ,$ ,$ ,$ ,$ ,$ ,$ , , , , ) ) ) #) $, Tuesday, June 21, 2011 9
  • 19. Unconventional Idea Ev Tuesday, June 21, 2011 11
  • 20. Unconventional Idea Problem & product definition - memory extension Ev Tuesday, June 21, 2011 11
  • 21. Unconventional Idea Problem & product definition - memory extension Universal need Ev Tuesday, June 21, 2011 11
  • 22. Unconventional Idea Problem & product definition - memory extension Universal need Focus on everything in your head: not just contacts, or to-dos, or files, or pictures, or web clips or notes or audio, but everything, together and in-context Ev Tuesday, June 21, 2011 11
  • 23. Unconventional Idea Problem & product definition - memory extension Universal need Focus on everything in your head: not just contacts, or to-dos, or files, or pictures, or web clips or notes or audio, but everything, together and in-context Ev Anti-social (Well, almost...) Tuesday, June 21, 2011 11
  • 24. Unconventional Execution Ev Tuesday, June 21, 2011 12
  • 25. Memory Extension • Your external brain ought to be with you everywhere you go Ev Tuesday, June 21, 2011 13
  • 26. Memory Extension • Your external brain ought to be with you everywhere you go • Thus broad platform support and hybrid architecture Ev Tuesday, June 21, 2011 14
  • 27. Supported Platforms Evernote  Corporation http://www.evernote.com Clip  to  Evernote PRO ON WIRELESS  LAN Evernote Currently Supports: Windows iPhone /iPod Touch BlackBerry MacOS iPad HP WebOS All modern browsers Android Phones Windows Mobile Browser extensions Android Tablets Windows Phone 7 Tuesday, June 21, 2011 15
  • 28. Memory Extension • Your external brain ought to be with you everywhere you go • Thus broad platform support and hybrid architecture • support for all reasonable computing platforms (14) • toaster & fridge versions are coming • native apps Ev • intelligently consistent UX • native experience, no x-platform tools, HTML wrappers, no lowest common denominator • local data replica - available on the plane, in the mountains, while roaming • side effect - offload our servers - lower cost of running the service Tuesday, June 21, 2011 16
  • 29. Universal Need Ev Tuesday, June 21, 2011 17
  • 30. Universal Need 95% of future Evernote users live outside of the US Ev Tuesday, June 21, 2011 17
  • 31. Universal Need 95% of future Evernote users live outside of the US early international expansion Ev Tuesday, June 21, 2011 17
  • 32. Universal Need 95% of future Evernote users live outside of the US early international expansion 36 x 14 - localization to 36 languages on 14 platofrms Ev Tuesday, June 21, 2011 17
  • 33. Users by Country 1!# 345*0# • Fully localized into 12 -1# 2&# languages, including: $&# 6&# /0# $&# -.# English, Spanish, German, $&# !"# $%&# Russian, French, Italian, Dutch, Swedish, Japanese, Traditional Chinese, and *!# Korean +,&# • Dozen more languages - work in progress '(# $)&# Tuesday, June 21, 2011 18
  • 34. 28 Evernote Books in Japan From Mar 2010 - June 2011 Tuesday, June 21, 2011 19
  • 35. What Is It? Ev Tuesday, June 21, 2011 20
  • 36. What Is It? Hard to define? Allow users define what the product is! Ev Tuesday, June 21, 2011 20
  • 37. What Is It? Hard to define? Allow users define what the product is! Breaking work/life barrier, life/work buddy Ev Tuesday, June 21, 2011 20
  • 38. What Is It? Hard to define? Allow users define what the product is! Breaking work/life barrier, life/work buddy Hard to explain? Let users do it! Ev Tuesday, June 21, 2011 20
  • 39. What Is It? Hard to define? Allow users define what the product is! Breaking work/life barrier, life/work buddy Hard to explain? Let users do it! User stories - blog, contests Ev Tuesday, June 21, 2011 20
  • 40. What Is It? Hard to define? Allow users define what the product is! Breaking work/life barrier, life/work buddy Hard to explain? Let users do it! User stories - blog, contests Product is our main marketing tool Ev Tuesday, June 21, 2011 20
  • 41. What Is It? Hard to define? Allow users define what the product is! Breaking work/life barrier, life/work buddy Hard to explain? Let users do it! User stories - blog, contests Product is our main marketing tool Why do I need Evernote? How can I use it? Ev Tuesday, June 21, 2011 20
  • 42. What Is It? Hard to define? Allow users define what the product is! Breaking work/life barrier, life/work buddy Hard to explain? Let users do it! User stories - blog, contests Product is our main marketing tool Why do I need Evernote? How can I use it? Free version Ev Tuesday, June 21, 2011 20
  • 43. Ambitious? Get Help! Ev Tuesday, June 21, 2011 21
  • 44. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Ev Tuesday, June 21, 2011 21
  • 45. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Evernote team is 70 people (year ago - 30) Ev Tuesday, June 21, 2011 21
  • 46. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Evernote team is 70 people (year ago - 30) Early focus on building an ecosystem Ev Tuesday, June 21, 2011 21
  • 47. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Evernote team is 70 people (year ago - 30) Early focus on building an ecosystem Supported by the architecture - comprehensive API Ev Tuesday, June 21, 2011 21
  • 48. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Evernote team is 70 people (year ago - 30) Early focus on building an ecosystem Supported by the architecture - comprehensive API The Trunk Ev Tuesday, June 21, 2011 21
  • 49. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Evernote team is 70 people (year ago - 30) Early focus on building an ecosystem Supported by the architecture - comprehensive API The Trunk Affiliate program Ev Tuesday, June 21, 2011 21
  • 50. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Evernote team is 70 people (year ago - 30) Early focus on building an ecosystem Supported by the architecture - comprehensive API The Trunk Affiliate program Ev First Evernote Trunk Conference - August 18 in San Francisco Tuesday, June 21, 2011 21
  • 51. Ambitious? Get Help! Hundreds of millions of users will rely on Evernote for their lifetime memory Evernote team is 70 people (year ago - 30) Early focus on building an ecosystem Supported by the architecture - comprehensive API The Trunk Affiliate program Ev First Evernote Trunk Conference - August 18 in San Francisco Developer Contest - $100,000 in prizes! Tuesday, June 21, 2011 21
  • 52. The Evernote Trunk Enabled by open API In-app showcase of integrated products, services and content Designed to bring additional functionality to Evernote users, publicity and new revenue streams to partners Works with existing app stores, marketplaces and channels evernote.com/about/trunk Tuesday, June 21, 2011 22
  • 53. Ecosystem Stats (May) • Over 5,070 developers using Evernote API • 627 are live on production servers • More than 180 items in the Trunk - with more added every week. Over 80 iPhone and 60 Android apps integrating Evernote available in App Stores • Featured partners: Mobile Manufacturers Devices Apps & Services Tuesday, June 21, 2011 23
  • 54. The Money Question... Ev Tuesday, June 21, 2011 24
  • 55. The Money Question... Hundreds of millions of users will rely on Evernote for their lifetime memory Ev Tuesday, June 21, 2011 24
  • 56. The Money Question... Hundreds of millions of users will rely on Evernote for their lifetime memory And who will pay for it? Servers, storage, pipes, Support, Dmitry... Ev Tuesday, June 21, 2011 24
  • 57. “Freemium” Business Model • All of Evernote’s applications are free • Basic Evernote service is free • Use Evernote for free forever • Upgrade to premium ($5/mo) whenever you want • Provides additional features for active users • Upgrade or cancel anytime without losing your notes • Over yearsof active subscribers who used Evernote for 2 20% are paying customers Tuesday, June 21, 2011 25
  • 58. Increasing Value Over Time 34%$+*,%"5*+4%$.'*+",*"#$%&'(&" The longer someone &'"!!#$ &&"!!#$ uses Evernote, the &%"!!#$ more valuable it &!"!!#$ %-"!!#$ becomes for them. %,"!!#$ %+"!!#$ %*"!!#$ The easiest way to %)"!!#$ %("!!#$ get a million people %'"!!#$ to pay for your non- !"#$%&'(&" %&"!!#$ scarcity-based %%"!!#$ %!"!!#$ product may be to -"!!#$ make 100 million ,"!!#$ +"!!#$ people fall in love *"!!#$ with it! )"!!#$ ("!!#$ '"!!#$ &"!!#$ %"!!#$ !"!!#$ %$ &$ '$ ($ )$ *$ +$ ,$ -$ %!$%%$%&$%'$%($%)$%*$%+$%,$%-$&!$&%$&&$&'$&($&)$&*$&+$&,$&-$'!$'%$'&$''$'($')$'*$ )*+,-."/'+0%"1*'+'+2"34%$+*,%" Tuesday, June 21, 2011 26
  • 59. Evolution of What You Worry About • It used to be money • raising money in the middle of financial crisis • Then it was the product • Over the last couple of months • cost of electricity • supporting international users • taxes • office layout! • But the greatest challenge is always HIRING! Tuesday, June 21, 2011 27
  • 60. The Best of Times Evernote would be impossible even 5 years ago Today - App Stores + Cloud Services + Open Source Infrastructure + Social Media + Freemium Economics = Geek Meritocracy! Tuesday, June 21, 2011 28
  • 61. Thanks! Get Evernote at evernote.com Latest news at blog.evernote.com and on Twitter @evernote, hash tag #evernote Dmitry Stavisky VP, International Operations dmitry@evernote.com +1(508)728-6758 Tuesday, June 21, 2011 29