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Social Wi-Fi




                                     MINKU LEE
                             Lee& Company, Inc.
                    Co-Founder & Creative Director
Wi-Fi login with
Twitter or Facebook?
Simple and cool.
is a Wi-Fi CONNECTOR USING
     SOCIAL NETWORKS &
       INTERACTIVE ADS
USER EXPERIENCE < PROVIDER’S CONVENIENCE
’s competitors
   USER CONVENIENCE


 Public Wi-Fi



                                SECURITY




Wi-Fi with Ads
                 Paid Wi-Fi

                              Private Wi-Fi
How it works
What service
do you want to use?
DEMO
Market Growth


    91.8%
   Annal growth of public Wi-Fi locations


                    Source: Jiwire, Q3 2010 to Q3 2011
Worldwide Wi-Fi Market Share

          FREE
          22%



                 PAID
                 78%




                        Source: Jiwire, Q3 2011
Targets

      B2B              B2C
   FRANCHISES       SMALL CAFÉS
     & EVENTS     INDIVIDUAL USERS
   & Wi-Fi ZONE
Business Models

             WAFFLE Wi-Fi ZONE
  DIRECT     WAFFLE ROUTERS FOR B2B/B2C
             EVENT Wi-Fi HOSTING FEE


             INTERACTIVE ADs
  INDIRECT   SURVEY
             VENUE PROMOTING...
Direct User Feedback

  CHECK-IN POST




  USER FEEDBACK
Report
    전광수 커피하우스 월간 와플 이용 통계
    2011년 08월

       날짜      퀴즈를 푼 사용자 체크인을 한 사용자 총 사용자 수
                                                                                               퀴즈를 푼 사용자 수
    2011.08.01         28          7      35   300
    2011.08.02         29          6      35
    2011.08.03         25          4      29   225
    2011.08.04         66         11      77
                                               150
    2011.08.05         54         13      67
    2011.08.06         96          3      99    75
    2011.08.07        113         10     123
    2011.08.08         77          4      81      0
    2011.08.09         75          3      78    2011.08.01 2011.08.04 2011.08.07 2011.08.10 2011.08.13 2011.08.16 2011.08.19 2011.08.22 2011.08.25 2011.08.28 2011.08.31
    2011.08.10         72         16      88
    2011.08.11         55          7      62
    2011.08.12         79          8      87                                                  체크인을 한 사용자 수
    2011.08.13         99          6     105   40
    2011.08.14         93          9     102
    2011.08.15        112          5     117   30
    2011.08.16         75          5      80
                                               20
    2011.08.17         66          9      75
    2011.08.18         83          7      90   10
    2011.08.19         84          7      91
    2011.08.20        113         12     125    0
                                               2011.08.01 2011.08.04 2011.08.07 2011.08.10 2011.08.13 2011.08.16 2011.08.19 2011.08.22 2011.08.25 2011.08.28 2011.08.31
    2011.08.21        234         36     270
    2011.08.22        185         21     206
    2011.08.23         82          5      87                                                        총 사용자 수
    2011.08.24         88         13     101   300
    2011.08.25         87         12      99
    2011.08.26        103         16     119   225
    2011.08.27        116         20     136
    2011.08.28        110         16     126   150
    2011.08.29         78         10      88
    2011.08.30                                  75
                       90         10     100
    2011.08.31         84         10      94
                                                  0
    합계               2751        321    3072    2011.08.01 2011.08.04 2011.08.07 2011.08.10 2011.08.13 2011.08.16 2011.08.19 2011.08.22 2011.08.25 2011.08.28 2011.08.31
Global Ready!
Global Ready!

    CURRENT     READY TO SUPPORT
Service Status    LIVE



 •17 Brands, 42 Venues
 •2,140 Check-ins
              `


 •11,014 Quiz users
 •13,154 Total Users
                         Source: Waffle, right now
’s Vision



Global Wi-Fi Connector
Founders
                                Hyungwook Choi, CMO
                                10 years at IT Consultant




      Kwangmin Lee, CEO                                          Minku Lee, CTO
23 years with Gov. IT Project                  High School Student, Web Evangelist
Team




“Experienced meets Challenger”
History
 2011   First Meetup
        Open Beta w/ 13 Venues
 2012   Founded Lee& Company w/ $50K
        Working w/ City-wide Wi-Fi
        400 Venues (in Korea, estimated)
THANK YOU


ask@waffle.at
                           MINKU LEE
                   Lee& Company, Inc.
          Co-Founder & Creative Director
EXTRAS
Looking for Partners
•Network Provider
•Advertisement Agency
•Media Representative
•Investors
vs Others
   PUBLIC       CAN’T RECOGNIZE
    Wi-Fi       Wi-Fi USERS

  PRIVATE       USER CAN’T CONNECT
   Wi-Fi        EASILY

AD-SUPPORTED    CAN’T PROFILE
   Wi-Fi        USER INFO
INCREASING
  MOBILE USERS
 RAPID GROWTH OF
  DATA TRAFFIC
 ARE INCREASING
PUBLIC Wi-Fi DEMAND
Global Mobile Traffic
     790PB/mo




      395PB/mo




                 2009   2010   2011   2012   2013
                                                    2014

                                                           Source : Cisco VNI
Mobile Broadband Subscriptions
                    4B



                    3B
    SUBSCRIPTIONS




                    2B


                    1B




                         2008   2009   2010   2011   2012   2013   2014   2015

                                                                                 Source : Ericcson
Public Wi-Fi

    USERS      EASILY USE
               INTERNET CONNECTION

   NETWORK     REDUCE 3G OVERLOAD
   PROVIDERS   NETWORK STABILIZE


     ETC.      MAKE VARIOUS
               POSSIBILITIES

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Introduction to Waffle at Launch Conference 2012 (In English)

  • 1.
  • 2. It’s Free! Social Wi-Fi MINKU LEE Lee& Company, Inc. Co-Founder & Creative Director
  • 3.
  • 4.
  • 7.
  • 8. is a Wi-Fi CONNECTOR USING SOCIAL NETWORKS & INTERACTIVE ADS
  • 9. USER EXPERIENCE < PROVIDER’S CONVENIENCE
  • 10. ’s competitors USER CONVENIENCE Public Wi-Fi SECURITY Wi-Fi with Ads Paid Wi-Fi Private Wi-Fi
  • 12.
  • 13.
  • 14. What service do you want to use?
  • 15.
  • 16.
  • 17. DEMO
  • 18. Market Growth 91.8% Annal growth of public Wi-Fi locations Source: Jiwire, Q3 2010 to Q3 2011
  • 19. Worldwide Wi-Fi Market Share FREE 22% PAID 78% Source: Jiwire, Q3 2011
  • 20. Targets B2B B2C FRANCHISES SMALL CAFÉS & EVENTS INDIVIDUAL USERS & Wi-Fi ZONE
  • 21. Business Models WAFFLE Wi-Fi ZONE DIRECT WAFFLE ROUTERS FOR B2B/B2C EVENT Wi-Fi HOSTING FEE INTERACTIVE ADs INDIRECT SURVEY VENUE PROMOTING...
  • 22. Direct User Feedback CHECK-IN POST USER FEEDBACK
  • 23. Report 전광수 커피하우스 월간 와플 이용 통계 2011년 08월 날짜 퀴즈를 푼 사용자 체크인을 한 사용자 총 사용자 수 퀴즈를 푼 사용자 수 2011.08.01 28 7 35 300 2011.08.02 29 6 35 2011.08.03 25 4 29 225 2011.08.04 66 11 77 150 2011.08.05 54 13 67 2011.08.06 96 3 99 75 2011.08.07 113 10 123 2011.08.08 77 4 81 0 2011.08.09 75 3 78 2011.08.01 2011.08.04 2011.08.07 2011.08.10 2011.08.13 2011.08.16 2011.08.19 2011.08.22 2011.08.25 2011.08.28 2011.08.31 2011.08.10 72 16 88 2011.08.11 55 7 62 2011.08.12 79 8 87 체크인을 한 사용자 수 2011.08.13 99 6 105 40 2011.08.14 93 9 102 2011.08.15 112 5 117 30 2011.08.16 75 5 80 20 2011.08.17 66 9 75 2011.08.18 83 7 90 10 2011.08.19 84 7 91 2011.08.20 113 12 125 0 2011.08.01 2011.08.04 2011.08.07 2011.08.10 2011.08.13 2011.08.16 2011.08.19 2011.08.22 2011.08.25 2011.08.28 2011.08.31 2011.08.21 234 36 270 2011.08.22 185 21 206 2011.08.23 82 5 87 총 사용자 수 2011.08.24 88 13 101 300 2011.08.25 87 12 99 2011.08.26 103 16 119 225 2011.08.27 116 20 136 2011.08.28 110 16 126 150 2011.08.29 78 10 88 2011.08.30 75 90 10 100 2011.08.31 84 10 94 0 합계 2751 321 3072 2011.08.01 2011.08.04 2011.08.07 2011.08.10 2011.08.13 2011.08.16 2011.08.19 2011.08.22 2011.08.25 2011.08.28 2011.08.31
  • 25. Global Ready! CURRENT READY TO SUPPORT
  • 26. Service Status LIVE •17 Brands, 42 Venues •2,140 Check-ins ` •11,014 Quiz users •13,154 Total Users Source: Waffle, right now
  • 28. Founders Hyungwook Choi, CMO 10 years at IT Consultant Kwangmin Lee, CEO Minku Lee, CTO 23 years with Gov. IT Project High School Student, Web Evangelist
  • 30. History 2011 First Meetup Open Beta w/ 13 Venues 2012 Founded Lee& Company w/ $50K Working w/ City-wide Wi-Fi 400 Venues (in Korea, estimated)
  • 31. THANK YOU ask@waffle.at MINKU LEE Lee& Company, Inc. Co-Founder & Creative Director
  • 33. Looking for Partners •Network Provider •Advertisement Agency •Media Representative •Investors
  • 34. vs Others PUBLIC CAN’T RECOGNIZE Wi-Fi Wi-Fi USERS PRIVATE USER CAN’T CONNECT Wi-Fi EASILY AD-SUPPORTED CAN’T PROFILE Wi-Fi USER INFO
  • 35. INCREASING MOBILE USERS RAPID GROWTH OF DATA TRAFFIC ARE INCREASING PUBLIC Wi-Fi DEMAND
  • 36. Global Mobile Traffic 790PB/mo 395PB/mo 2009 2010 2011 2012 2013 2014 Source : Cisco VNI
  • 37. Mobile Broadband Subscriptions 4B 3B SUBSCRIPTIONS 2B 1B 2008 2009 2010 2011 2012 2013 2014 2015 Source : Ericcson
  • 38. Public Wi-Fi USERS EASILY USE INTERNET CONNECTION NETWORK REDUCE 3G OVERLOAD PROVIDERS NETWORK STABILIZE ETC. MAKE VARIOUS POSSIBILITIES