lastbite pitch 2013

too good to waste

WE HATE WASTE

We never want to see a sandwich

be thrown out again

“I know that places have discount meals, but i don’t know where to

find them”

thats 148,000 Double-Decker busses

$30-40B

The problemwe’re trying to solve

wastage profit connect

a mobile app to sell perishable food to last minute consumers.

The solution

if you’re closing soon, pop in an end-time and you’ll get some bites soon

4pm? 2 Bagels left... take a photo and upload them to lastbite, they’ll soon be turned into profit

push the special deal out in a new way to existing customers, and even new ones

The APP

set the time limit

set the price

snap your produce

9

Revenue model

3 sources of revenue

premium subscription

subscription

one-off pricing

paid specials

transaction fee pricing

in-app purchases

$12.99 - up to 10 products uploaded per week

$19.99 - up to 100 products uploaded per week

$59.99 - unlimited number of products uploaded

$2.99 for a 1 hour special

$19.99 to 1 day special

$39.99 for a 1 week special

$59.99 to ‘bump up’ a special to top of stream

In-app purchase with 30% cut of revenue.

11

Market opportunity in Australia

cafes and restaurants in Australia

$35 x =50,000 $21mper cafe / restaurant

monthly

We expect to convert 8% of market opportunity in the first year$1,680,000

13

Market opportunity in USA

cafes and restaurants in USA

$35 x =per cafe / restaurant

monthly

600,000 $2.52B

We expect to convert 4% of market opportunity in the first year$10,800,000

too good to waste

ADAM MILLER MICHAEL CHEDANI BRECKON BARRY TEOHJOEL HAUER

DesignerDesignerCo-founderCo-founder DeveloperDeveloperUXUXCo-founderCo-founder

@AiMillstar @nolim1t@JoelAmigoHauer @daniib

BEN LEVI

Co-founderCo-founder

@BennyLevi

ADAM MILLER

co-founderco-founder

too good to waste

@AiMillstar

Founder of Tuteable

Experience: 4 previous start-ups, 2 within App space, passionate about online education & transforming industries with mobile technology.

Skills: UX, PPC, SEO, Mobile-optimization, and Marketing strategy.

Knowledge: RMIT bachelor of entrepreneurship, and scholarship to Sweden’s Jönköping University.

Random fact: Has OCD & ADHD.

BEN LEVI

co-founderco-founder

too good to waste

@BennyLevi

Founder of Renting Smart

Experience: Working on start-ups for 5 years. Founder of RentingSmart, and business dev of Krunchbox.com

Skills: Business dev, strategic partnerships, project management, forecasting, User experience design

Knowledge: Bachelor of commerce in Finance & Accounting

Random fact: Proposed to his girlfriend in an Angrybirds game

too good to waste

JOEL HAUER

co-founderco-founder

@JoelAmigoHauer

Founder of WeCo

Experience: Founder of WeCo, co-founder of UnOffice, Business Development manager in UnOil, Digital Producer.

Skills: Branding, design, customer development, project management, SEO, online marketing & creative advertising

Knowledge: Bachelor of commerce in marketing & commercial law

Random fact: Made WeCo profitable within 3 months

too good to waste

DANI BRECKON

UXUX

@daniib

Founder of Utopia Internet

Experience: Web consultant specializing in e-learning, and UX expert

Skills: UX design, project management

Knowledge: Joomla, UX, agile development

Random fact: Fascinated with the art form of learning

too good to waste

BARRY TEOH

DeveloperDeveloper

@nolim1t

Technologist / Developer

Experience: iOS developer, web developer, systems architect

Skills: Ruby, Rails, iOS Dev, Mobile UX, QA Automation (Functional/Performance), System Admin (Linux/Solaris/Windows), and Social Media App Integrations

Knowledge: Tech guru

Random fact: Also brilliant at digital & creative marketing

Programming languages

* Objective-C (iPhone SDK and OS X 10.6)* PHP (v2 to v5.3)* Ruby / JRuby* Rails (Heroku and Standalone deployments)* VBA Scripting / ASP (VB)* Bash/Perl* Python including Google App Engine* Windows Powershell* Some LUA Script* Some ASP.NET (C#). .NET via Windows Powershell mostly. * Some SQL Stored Procedure (MS-SQL)

too good to waste

MICHAEL CHE

DesignDesign

Designer at Soap Digital

Experience: Experienced graphic designer

Skills: Photoshop, Illustrator, Flash, 3D

Knowledge: Bachelor of Visual Arts & Graphic Design

Random fact: Finalist in a highly sort after creative design competition

Competitor analysis

deal & discovery app

try for free dealscharity food

recovery

perishable food app

first in category

ONE OF A KIND

NOW1/08/13

01/10/13

01/11/13launch BETA to

cafe’sbasic free version to validate

consumer demand and convert cafes

basic free version to validate consumer demand and convert

cafes

acquire & convert acquire & convert01/02/14

24

Timeline phasesOur plan

restaurants supermarkets

release version 2

implement venue paid ‘specials’implement venue paid ‘specials’

release version 3implement online transaction

processing model & fee structure

implement online transaction processing model & fee

structure

22 participating cafesas of TODAY

25

QUESTIONS?and possibly some

answers too

www.signup.lastbite.com

too good to waste