Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Japan Venture Environment and Hailo

945 views

Published on

Presentation for University of Maryland、Robert H. Smith、School of Business (MBA)

Published in: Internet
  • Be the first to comment

Japan Venture Environment and Hailo

  1. 1. January 2016 Ryo Umezawa President & CEO Hailo Japan January 6, 2016
  2. 2. January 2016 © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  3. 3. January 2016 © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  4. 4. January 2016 Entrepreneur in Japan Risk> Rewards © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  5. 5. January 2016 High Personal Risk • Low Social Status ‣ Unemployed • Social Stigma of failure ‣ >10%start another venture • Labor Market ‣ No turning back • Personal Guarantee ‣ Bankruptcy • Getting the first client ‣ Track Record © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  6. 6. January 2016 • Law &Accounting firms Charge full rates •Venture Capitalist are salaryman • Landlords ask for track record Venture Support Infrastructure © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  7. 7. January 2016 The challenge •Japan has the third largest economy in the world. •But the population is shrinking and rapidly aging. •And the younger generation is under-employed. Source: The Economist © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  8. 8. January 2016 However… •Japan generates only $3 billion a year in venture funding for about 3,000 investment deals. •US start-ups receive $30 billion a year in venture funding for about 4,000 investments. VC investments US: $29.4B, Japan: $2.8B © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  9. 9. January 2016 Internet Giants… 360B USD VS 60B USD © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  10. 10. January 2016 Giants… 360B USD VS 360B USD © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  11. 11. January 2016 The solution “Between 1980 and 2005, virtually all net new jobs created in the U.S. were created by firms that were 5 years old or less.” “That is about 40 million jobs. That means the established firms created no new net jobs during that period.” Kauffman Foundation, April 2010 (NY Times) Entrepreneurs are the source of new growth © 2015 Ryo Umezawa - Confidential - All Rights Reserved.
  12. 12. January 2016 Three London cabbies. Three Internet entrepreneurs.
  13. 13. January 2016 Three London cabbies Three Internet entrepreneurs
  14. 14. January 2016
  15. 15. January 2016
  16. 16. January 2016 Two taps on your phone, two minutes to a taxi… everywhere “I make more money, drive fewer miles, and take nicer people” Passengers Drivers 16
  17. 17. January 2016 Did you know? A Hailo Cab is Hailoed 2Seconds every
  18. 18. January 2016 Did you know? 20,000,000 Passengers have taken Hailo cabs
  19. 19. January 2016
  20. 20. January 2016 Did you know? Average 33% Time Drivers spend looking for customers
  21. 21. January 2016 What we’re about
  22. 22. January 2016 What we’re about
  23. 23. January 2016 What we’re about Just a flick of the wrist
  24. 24. January 2016 Creating Efficiency
  25. 25. January 2016 What we’re about Our Driver App “I reckon my earnings are up 40%. No more looking for work – the work comes to me.” - Scott H, Hailo Driver
  26. 26. January 2016 No. of Taxi :45,976 Fleets :382 Share :20% Nationwide No. of Taxi :243,247 Tokyo : No.1 Osaka : No.2 No. of Taxi :17,686 Fleets :150 Share :8% Fukuoka : No.3 No. of Taxi :12,592 Fleets :100 Share :5% Japan Market
  27. 27. January 2016 18B USD Market
  28. 28. January 2016 Only 3% awareness
  29. 29. January 2016 Tokyo Osaka Population 13.35M 8.86M Smartphone Penetration 50% 40% Driver Smartphone Penetration 38% 10% Driver Average age 50th 60th Driver Yearly Salary 40K USD 29K USD Average Fare 20USD 15USD Competitors About 10 apps, total of 2M downloads, up to 300K jobs/terminals/month 2 apps, total of 1K – 3K downloads, up to few K jobs/terminals/month Tokyo vs. Osaka Market
  30. 30. January 2016 Think Global Act Local
  31. 31. January 2016 Stock : Tokyo Stock Exchange 9435 Market Cap : 3.67B USD
  32. 32. January 2016 Corporate Social Responsibility
  33. 33. January 2016 Corporate Social Responsibility Supporting the community by delivering AED
  34. 34. January 2016
  35. 35. January 2016 Entering Japan
  36. 36. January 2016

×