a powerful, unique (patent pending) website that pulls together everything businesses and projects...

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Harnessing the Power of Crowds

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Page 1: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Harnessing the Power of Crowds

Page 2: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success:

• Crowdsourcing

• Crowdfunding

• Social networking

• Collaboration software

• Education

Page 3: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Significant and Expanding Market Opportunity

• Crowdsourcing- Obtaining Services, Ideas or Content from a Large, Usually Online Group• >$540m market in 2011 (IBIS)

• >60% yearly growth projected from 2009-2014

• Major crowdsourcing site oDesk reached $1B in cumulative work as of June, 2013

• Crowdfunding- Obtaining Funding from a Large, Usually Online Group• $2.7B funded in 2012, 81% growth over 2011

• US- $1.8B, 105% growth over 2011

• $5.18B projected for 2013 (Massolution)

Page 4: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

It’s a Very Fragmented Market

• Countless Crowdsourcing sites exist for almost every business stage:• Innovation

• Product development

• Design

• Testing

• Marketing

• Sales

• Support functions

• Legal, HR, IT, etc.

Page 5: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Many Crowdsourcing Options

Page 6: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

It’s a Very Fragmented Market

• Many Crowdfunding sites are also available:• Separate sites based on funding type-

• Rewards and Donations

• Loans

• Equity

• Accredited investor and soon non-accredited

• Revenue sharing and Royalties

• Crowdfunding sites with specific market focus are becoming common

• Creative projects

• Medical

• Consumer products

• Etc.

Page 7: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Crowdacious Pulls the Market Together• Consolidates any Crowdsourcing activity needed by a business or project

onto one site with:• A searchable database of service providers

• Continuously rated by the community to insure high quality

• Education through articles and forums on how to best use crowdsourcing

• And outsourcing

• Provides any type of Crowdfunding to any business or project• No site restrictions (as long as it is legal)

• But business focused

• The business/project decides the best type of funding for their needs

• Articles and forums provide guidance

• The crowd decides whether to offer funding as well as type (e.g. reward)

• From individuals and organizations, both accredited and non-accredited

• 3rd party verification will be available

Page 8: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Crowdacious Provides More Business Support• Start-ups can search the community to find:• Critical team members

• Partners, employees, board members or advisors

• Business partners

• Customers, suppliers

• Powerful collaboration software promotes efficiency• Allows topic-specific full or limited access

• Unlike all other crowdfunding sites businesses can continue using the collaboration software after funding

• Collaboration during production and launch is vital for success

Page 9: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Crowdacious Provides Additional Benefits• Existing businesses can find• Team members

• Partners, employees, board members or advisors

• Crowdsourced suppliers

• New ideas

• Partnerships or acquisition candidates

• Investors can• Find businesses and projects that meet their investment criteria

• Provide a wide variety of financial support

• Rewards, equity, loans, royalties or donations

• Contribute valuable feedback

• Engage their network for additional business support

Page 10: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Competitive Advantage• No existing site brings together all the resources businesses and

projects need for success

• Crowdsourcing

• Consolidated and searchable

• Rated by the community

• Crowdfunding

• The business decides the best funding option

• Social networking

• For team building and support

• Collaboration

• Before, during and after funding

Page 11: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Target Customers

• Start-ups and projects looking for a business-focused crowdsourcing and crowdfunding site

• Individuals and organizations offering crowdsourced or outsourced business services

• Existing businesses looking for new ideas, potential acquisitions and employees

• Consumers looking for exciting new products

• Investors looking for great opportunities

Page 12: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Many Revenue Opportunities

• Competitive rate for crowdfunding raises• Start at 5%; most sites charge 5-6%• We may offer to trade some fees for equity in select,

high-potential start-ups

• 5-10% commission for services delivered through site

• 5-10% fee for technologies licensed or purchased

• There are several additional possibilities • To be implemented as features are added

Page 13: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Status• Non-provisional patent filed• Crowdacious.com domain secured• Website design is ~75% complete• Programming is ~70% finished• ~$270k is needed to successfully launch first phase • Phase 1 will include all functionality needed by

start-ups and projects up to and including crowdfunding

• Phase 2 is planned to expand capabilities for existing businesses

Page 14: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Management Team• Don Werkema• Idea originator and founder • Experienced entrepreneur, investor, executive• Start-up and corporate background• Broad skills in strategic planning, business start-up and management, marketing,

product development, sales and financing

• Robert Thomas• Chief Technology Officer• Experienced entrepreneur with multiple successful start-ups• Developed and launched several Internet businesses• Broad skills in website design and programming, SEO, SEM, financing, marketing

• Additional Team Members are needed• SEC registered broker/dealer• Project management, customer service, administrative support• Board members

Page 15: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Capital Need• Over $25k plus sweat equity invested to-date

• ~$270k in additional funding is offered for 20% equity share$20k – Intellectual property support (patent, trademark)

$30k – Finish website design, programming and QA testing

$15k – Website operations, SEO

$90k – Website videos, PR, marketing, SEM

$35k – APP development and launch

$90k – Project management, customer service and administrative support

Page 16: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

Exit Strategy

• The combination of business-focused tools and a large community will make Crowdacious a valuable Internet property

• Our goal is to grow Crowdacious into a major Internet property that will generate a significant return for investors through an IPO

• Another option is a buy-out by an existing large crowdfunding or crowdsourcing site

• Or by a major Internet company that wants to break into crowdfunding or crowdsourcing

Page 17: A powerful, unique (patent pending) website that pulls together everything businesses and projects need for success: Crowdsourcing Crowdfunding Social

A powerful, unique, game-changing website that pulls together everything businesses and projects need for success:

• Crowdsourcing

• Crowdfunding

• Social networking

• Collaboration software

• Education