26
KickStand Crowdfunding Platform for Students Presentation By: CV, Gaurav, Jeff & Varun

Crowdfunding

Embed Size (px)

Citation preview

Page 1: Crowdfunding

KickStandCrowdfunding Platform for Students

Presentation By: CV, Gaurav, Jeff & Varun

Page 2: Crowdfunding

Presentation Roadmap

Product IntroductionCrowdfunding

Page 3: Crowdfunding

Market Overview

Competitive Offerings

Page 4: Crowdfunding

Pricing Strategy

Page 5: Crowdfunding

Key Objective

Page 6: Crowdfunding

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

Page 7: Crowdfunding

Problem: Current Funding Environment

Big Ideas Need Capital to Start or Grow

Page 8: Crowdfunding

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

Page 9: Crowdfunding

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?

Page 10: Crowdfunding

Crowdfunding Platform for StudentsKickStand

Page 11: Crowdfunding

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

Page 12: Crowdfunding

Crowdfunding Platforms

Page 13: Crowdfunding

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

Page 14: 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

Page 15: Crowdfunding

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

Page 16: Crowdfunding

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)

Page 17: Crowdfunding

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

Page 18: Crowdfunding

Market Overview

Page 19: Crowdfunding
Page 20: Crowdfunding

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.

Page 21: Crowdfunding

Competitive Offerings

Page 22: Crowdfunding

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.

Page 23: Crowdfunding

Competitive Offerings

An online community where students compete for scholarships and discover exciting career possibilities.

Benefits: Focused on building connections.

Equals6

Page 24: Crowdfunding

Pricing Strategy

Page 25: Crowdfunding

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

Page 26: Crowdfunding

Questions?Thank You