Online, real-time restaurant reservation service!
Get reservation from computer, tablet, or phone!
Over 25,000 restaurants in the U.S.!
Expanding to large international cities!
Served 490 million diners!
Free to end users!
90% market share
Founded in 1998 by Chuck
3 series of funding!
Series A: $2M (1999)!
Series B: $10M (2000)!
Series C: $36M (2000)
Available on: iOS, Android, Windows Phone,
Financials (NASDAQ: OPEN)
IPO in 2009!
Share price: $20!
Quarterly results released
23% ↑ restaurants!
2010: $59 Million!
2011: $85 Million!
2012: $105 Million
30% ↑ reservations!
↑ reservations per restaurant!
Recently acquired two companies!
Convenience of getting a reservation!
No phone call, just a couple taps on your
One of the ﬁrst companies to connect consumers with restaurants on the
Groupon like daily deal service!
“Deals for meals”!
Typically, $50 worth of food and beverage for $25 !
100 points per reservation (sometimes 1,000 points)!
2,000 points = $20 OpenTable Dining Cheque
Will still control market but competitors are growing!
Startup NoWait taking casual dining business!
Users upset that their negative reviews don't get published!
Lots of restaurants have inﬂated rating!
Expensive for restaurant owners!
Setup fee + monthly subscription + cover fee + web access fee +contract + cancellation
$1,295 hardware fee & average $635 a month!
SeatMe: $99 a month!
NoWait: Free - $199 a month