Upload
gaurav-vasani
View
127
Download
0
Embed Size (px)
Citation preview
KickStandCrowdfunding Platform for Students
Presentation By: CV, Gaurav, Jeff & Varun
Presentation Roadmap
Product IntroductionCrowdfunding
Market Overview
Competitive Offerings
Pricing Strategy
Key Objective
A wealth of entrepreneurial talentStudents
Students have lots of great ideas
Need to cultivate those ideas into the next Google or Facebook
Often stifled by access to Money
Problem: Current Funding Environment
Big Ideas Need Capital to Start or Grow
Current Funding Environment↘ Complete funding is hard to find now
↘ Banks loans are extremely difficult to obtain
↘ Many venture capitalist not funding
↘ Angel investors are very conservative
Current Funding Environment↘ What if there was a way to have say 5000 angels each investing $10?
↘ What if anyone could become a business angel?
↘ What if there was a system to focus on students only?
Crowdfunding Platform for StudentsKickStand
Crowdfunding Platform for StudentsKickStand
KickStand provides a web-based central hub for students to meet micro-investors. It uses the power of crowdfunding to provide a unique service to two types of people: for students to source funding more accessibly than conventional routes for smaller investors to have the opportunity to invest in exciting high-potential businesses
Crowdfunding Platforms
Crowdfunding is a method for obtaining project funding, by soliciting contributions from a large group of people, and especially from an online community.
Early crowdfunding efforts can even date back to the 18th century when writers and musicians gathered money from many investors to publish large pieces of work.
Crowdfunding
Existing Crowdfunding Platforms
One of the earliest crowdfunding platforms was launched in 2008 after its co-founder could not find a meaningful way to help families affected by Hurricane Katrina.
Motto: “We’re here to help if you’re looking for a way to raise funds for friends or loved ones in need.”
GiveForward
Existing Crowdfunding Platforms
Another early crowdfunding platform that has generated huge success is KICKSTARTER.
KICKSTARTER specializes in creative projects such as films, games, art and technology.
Kickstarter
Other Crowdfunding Platforms↘ Crowdfunder (specializes in business and tech start-ups)
↘ Crowdrise (funds charities & causes)
↘ Quirky (funds for inventors)
↘ Invested.in (to create your own funding community)
↘ Indiegogo (focuses on creative projects)
It gives proof of concept to investors & introduces prospective loyal customers.
It’s free PR providing the opportunity of pre-selling.
Why does it work?
Small donations from many people can raise a lot of money
By tapping into your online social connections, you can reach a much broader audience
Crowdfunding sites takes less time than traditional fundraising processes
Market Overview
Market ShareSource: http://crowdfunding.cmf-fmc.ca/facts_and_stats
56.8
42.7
0.7
North America Europe Rest
Market Share: 56.8%.North America
Market Share: 42.7%
Europe
Market Share: 0.7
Rest of the WorldNorth America represents the largest market in terms of funds raised, with a total of $1.6 billion (USD) in 2012.
Competitive Offerings
Competitive Offerings
Benefits: No Fees
Charges: Between 2.5% & 3.5% for payment gateways, PayPal and Stripe
HubbubCrowdfunding to the education and non-profit sectors,
offering universities, charities, non-profits, colleges, schools, and their students and staff an accessible, alternative
method to obtain social funding for their ideas and projects.
Competitive Offerings
An online community where students compete for scholarships and discover exciting career possibilities.
Benefits: Focused on building connections.
Equals6
Pricing Strategy
KickStand Pricing Strategy
It's less risk for everyone. If you need $5,000, it's tough having $1,000 and a bunch of people expecting you to complete a $5,000 project
It motivates. If people want to see a project come to life, they're going to spread the word
All-or-Nothing Funding All-or-nothing funding is a core part of
KickStand Fees. If a project is successfully funded,
KickStand applies a 5% fee to the funds collected.
For all projects, pledges will be processed by PayPal Payment System.
Fees
Questions?Thank You