Eventster is the very best event discovery platform for iOS, listing hundreds of thousands of live events each day in cities across North America and Europe. We're currently raising
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Eventster Investor Presentation
2. Events are a $100 billion market…
$23 billion
132.7
75.8
million million 55.1
million
Concert revenue Sports tickets Theater tickets Fairs
2011 2011 2010 2008
3. …running at 60% efficiency.
Live Nation’s $2.3 billion pain point:
“I would have gone to this event if I had known about it beforehand.”
5. We make better event discovery.
Robust events directory
600,000 live events across North America and Europe
Crowdsource the best
Separate Signal from Noise
Social signals
Instagram photos, tweets, YouTube, Friends Feed.
Targeted recommendations
Social local mobile + ticket giveaways
Event advertising tools
Incentivizing people to share targeted event listings.
7. What we’ve built:
Robust events directory
600,000 live events across North America and Europe
Crowdsource the best
Separate Signal from Noise
Social signals
Instagram photos, tweets, YouTube, Friends Feed.
Targeted recommendations
Social local mobile + ticket giveaways
Event advertising tools
Incentivizing people to share targeted event listings.
8. We understand who you are, what you like.
Likes wine,
Indie pop, SF Street
San Francisco 29 years old Napa, Whole
indie rock Food Festival
Foods
Likes UC
Hip-hop, indie Berkeley, Mac Miller UC
Berkeley 36 years old
rap Berkeley Berkeley
engineering
Likes bacon,
Electronic Electronic
Palo Alto 17 years old Shoreline
dance music Daisy Festival
Amp.
Styx at
Classic rock, Likes Britney
Santa Clara 26 years old Mountain
90s pop Spears, Styx
Winery
9. We incentivize people to share sponsored event listings.
Justin Bieber
7 p.m. Sunday @ HP Pavilion
Bieber fever. Either you have it or
you haven’t heard Justin yet. Good
news: You don’t have to sell your
blood any more to afford tickets to
this concert. Our pals at the HP
Pavilion hooked us up with a pair,
and we’re giving them away to one
lucky person this week!
2 2,297 3d 2h 17m
tickets entries so far time left to enter
One-click entry
Official rules | Powered by Eventster
10. We incentivize people to share sponsored event listings.
X
Justin @ HP Pavilion
7 p.m. Sunday
Bieber
Bieber fever. Either you have it or you
haven’t heard Justin yet. Good news:
You don’t have to sell your blood any
more to afford tickets to this concert.
Our pals at HP Pavilion hooked us up
X
with a pair, and we’re giving them away
to one lucky person today! Justin Bieber
7 p.m. Sunday
HP Pavilion
2 2,297 3d 2h 17m
tickets entries so far time left to enter
Win tickets
One-click entry
Official rules | Brought to you by
11. We get additional distribution through partner banner ads.
Justin Bieber
7 p.m. Sunday
HP Pavilion
Win tickets
12. We incentivize people to share sponsored event listings.
Increase your chances. INVITE FRIENDS.
Get a bonus sweepstakes entry for each friend who enters.
f Share this on Facebook
Email Post on Twitter
Share elsewhere:
http://tcktb.com/0s9Iis Copy shortlink
Next >>
13. Let’s talk team, history, funding.
We solve: Event discovery
Market: Billion-dollar opportunity
Competitors
Let’s talk: User acquisition
Team
14. Marketing and user acquisition:
Turn on in-app social and targeted recommendations
PR coverage Viral giveaways Distribution partners
15. The Team
Ed Lucero
CEO
Luke Stangel
CMO
Steven Woo
CTO
Eri Izawa
Product Director
16. Advisors
Steve Hsia
COO Wunderman Asia
Stephen Chu
GM, Shanghai AGENDA
Arturo Duran
CIO, Digital First Media
Jeff Herr
COO Taponix
17. History
2010 2011 2012
Built the team Launched Launched
of veterans Tackable Eventster
Raised $500k User Adoption
from 5,000+ now,
MediaNews 1m goal
Launched Revenue
TapIn Bay Area Scalable
business
#3: 4 – THE MARKETLive Nation sold 46,802,000 tickets to 11,200 concertsAverage ticket price: $57.13Average concessions: $17.78Bigger is BetterTop Down = someone else reported itForrester, Gartner, Your UncleBottom Up = calculate users/usage/rev$AvgTxn = $XY customers in our marketAvg customer buys Z times per yearMarket Size = $X * Y * Z annually = a big friggin’ #Market growing @ 100+% per year
#6: Our solution to event discovery’In similar way to these brands-Amazon was able to become worlds superstore -Yelp built user recommendation-Flixter-Trusted a trip advisorEvent Marketing. We want to be that chewing gum at where you go to checkout and didn’t realize you needed that. We want to be positioned at the end of the checkout isle….I didn’t know I needed that./////////Describe why your Solution:Great Companies do 1+ of 3 things:Get you LAID (= sex)Get you PAID (= money)Get you MADE (= power)Makes your customers HappyDoes it better, different than anyone else“NICHE to WIN”(Customer Case Study can also go here)
#7: 3 – THE DEMONo learning curve.---POINT: already using social graph. Being on facebook without being on facebookPRACTICE! PRACTICE! PRACTICE!demo will FAIL -- have a backup (screenshots, local video, interpretive dance)expect to be interruptedand remember: The Script is NOTyour 狠狠撸s – The Script is the FACEof your Audience
#8: Our solution to event discovery’In similar way to these brands-Amazon was able to become worlds superstore -Yelp built user recommendation-Flixter-Trusted a trip advisorEvent Marketing. We want to be that chewing gum at where you go to checkout and didn’t realize you needed that. We want to be positioned at the end of the checkout isle….I didn’t know I needed that./////////Describe why your Solution:Great Companies do 1+ of 3 things:Get you LAID (= sex)Get you PAID (= money)Get you MADE (= power)Makes your customers HappyDoes it better, different than anyone else“NICHE to WIN”(Customer Case Study can also go here)
#9: Our solution to event discovery’In similar way to these brands-Amazon was able to become worlds superstore -Yelp built user recommendation-Flixter-Trusted a trip advisorEvent Marketing. We want to be that chewing gum at where you go to checkout and didn’t realize you needed that. We want to be positioned at the end of the checkout isle….I didn’t know I needed that./////////Describe why your Solution:Great Companies do 1+ of 3 things:Get you LAID (= sex)Get you PAID (= money)Get you MADE (= power)Makes your customers HappyDoes it better, different than anyone else“NICHE to WIN”(Customer Case Study can also go here)
#10: 4 – THE MARKETBetter than display adsIntrinsically socialFunLive Nation sold 46,802,000 tickets to 11,200 concertsAverage ticket price: $57.13Average concessions: $17.78Bigger is BetterTop Down = someone else reported itForrester, Gartner, Your UncleBottom Up = calculate users/usage/rev$AvgTxn = $XY customers in our marketAvg customer buys Z times per yearMarket Size = $X * Y * Z annually = a big friggin’ #Market growing @ 100+% per year
#11: 4 – THE MARKETBetter than display adsIntrinsically socialFunLive Nation sold 46,802,000 tickets to 11,200 concertsAverage ticket price: $57.13Average concessions: $17.78Bigger is BetterTop Down = someone else reported itForrester, Gartner, Your UncleBottom Up = calculate users/usage/rev$AvgTxn = $XY customers in our marketAvg customer buys Z times per yearMarket Size = $X * Y * Z annually = a big friggin’ #Market growing @ 100+% per year
#14: I’d like to begin by offering 3 bullet points we’d like to you remember from this presentation.One. Eventster is committed to improving event discovery. We offer this service free to users. We will offer promoters and brand sponsors an efficient channel to sell their event and products to a highly targeted audience. Two. The event market is huge. Concert and event promotion alone in North America is a 23 billion dollar business. If you drill down, you’ll also note that this is an industry with a lot of inefficiency out dated methods to its sell it products dominated by offline and dying media like radio. Three. We are a team of experienced entrepreneurs and veteran developers. I’ll give a brief introduction to myself. I co-founded a company called AGENDA and experienced the good and bad times of building a company that survived the dot.com bubble. Though it was founded in States, AGENDA became known as a leading digital agency in Asia when it was acquired by WPP in 2008. I spent 2 years in Korea and 5 in China. When I came to the bay area, I thought I’d be here for 3 months before returning to Shanghai. It’s been more than a couple years that I’ve immersed myself in Silicon Valley absorbing the unique culture. At the same time, we’ve continued to seek opportunities with cross-border potential. Although Eventster is currently focused on the north American market, we believe the application becomes even more interesting in emerging markets.
#15: (skip 6 proprietary tech / expertise)8 – MARKETING AND USER ACQUISITIONGet some examples from China JRC and San Jose mercury//////////////////////////… how do you get customers & distribution?lots of channels & decisions… choose a few:PRContestBiz DevDirect MarketingRadio / TV / PrintTelemarketingEmailSEO / SEMBlogs / BloggersViral / ReferralAffiliate / CPAWidgets / AppsLOLCats3 Things That Matter / To Measure : VolumeCost Conversion
#17: 9 – TEAMSho-ji San GuoShangGao Mobile?(Dian Shi Tech) is ranked #2 in HK and #3 in TW and #40 something in ChinaMr. Duran is the Chief Innovation Officer for Digital First Media which jointly manages Journal Register Company and MediaNews Group with more than 800 print and online products serving 57 million Americans each month.Mr. Duran joined Journal Register Company as Executive Vice President of Digital in 2010. Prior to that Mr. Duran served as Chief Executive Officer of impreMedia Digital, LLC. Previously, he was President of Interactive and Business Integration for CanwestMediaworks, where he led the growth of online revenue of that organization to a record level and converted it into the largest Canadian News and Information Network with more than 50 sites. Much of the revenue growth came from the launch of a suite of online classifieds that quickly grew to the largest in Canada (working.com, driving.ca, remembering.ca, renting.ca etc).Mr. Duran has a long and distinguished career in the online field. He previously served in executive roles at AOL including those of Vice President, Multicultural, for AOL Media Networks, VP Marketing and Interactive Content for AOL Canada, and Director Business Development for AOL Mexico as a member of the Team that launched AOL Latin America.Mr. Duran was born in Mexico City. He has lived in Canada, China, Spain, France and now lives in New York City.Prior to those appointments, Mr. Duran was the Director of Business Development, Internet Division for the Polaroid Corporation.Marketing Director for Greater China. 06/96– 12/97----------------------------------------Jeff has developed?online-media companies since 1994 including properties such as ABCNews.com, ESPN.com, TheStreet.com, and?Disney Interactive. For the last 10 years?he has focused on transforming local media sites for major publishers including?Lee Enterprises and MediaNews Group. Jeff also worked as digital advisor?to?major brands ranging?from Electronic Arts to Coty Cosmetics. Prior to working in digital media, Jeff was a reporter and editor covering technology, politics, government, international affairs and small business on beats from Wasington D.C to Saudi Arabia. He and his wife have three daughters and live in Los Gatos, CA.Shorter:Jeff has developed online-media companies since 1994 including properties such as ABCNews.com, TheStreet.com and Disney Interactive. For the last decade?he has?transformed?local-media sites operations?for media giants including?Gannett and?Lee Enterprises. Prior to working in digital media, Jeff was a reporter and editor covering technology, politics?and small business including assignments in Latin America and the Middle East.
#18: Investment was ? of what we were looking for to build out. We were seeking a million.MNG understood that. We got to work. Stopped fund raising. Clean note and open initiation to the right partners who could help us. No cap. No discount.
#19: 10 – Money and Milestones/////How Much Money? 3 Budgets: Small, Medium, LargeWhat will you do with Capital?New Hires (Build Product)Mktg & Sales (Get Customers / $$$)Ops & Infrastructure (Scale Up)