fast pitch forum (gist)

14
T.A. McCann Founder and CEO [email protected] 206.229.9991

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Page 1: Fast Pitch Forum (Gist)

T.A. McCannFounder and CEO

[email protected]

Page 2: Fast Pitch Forum (Gist)

Background

• Incubated inside Vulcan Capital, July - December 2007

• First patents filed and spun out in May 2008

• Launched private beta in September 2008

• Currently an engineering team of 10 located in Seattle, WA

• Closed $6.75M Series A in May 2008, led by Foundry Group

04/12/23 2confidential

Page 3: Fast Pitch Forum (Gist)

Management Team

• T.A. McCann – Founder and CEO– EIR at Vulcan– Group Manager, Microsoft Exchange and Mobile Services Delivery Platform (SDP)– Founder, CEO or President of HelpShare, Jump2Go, MOD Systems– America’s Cup winner, Around-the-World Sailor, World Champion and proven team

builder

• Steve Newman – CTO– CTO of Imagenet (data extraction and transformation, acquired by People Support

for $24M…)– VP of engineering at Infospace (platform and mobile)– VP of engineering at Go2Net (acquired by Infospace)

• Board and Advisors include;– Board – Steve Hall (Vulcan), T.A. McCann (CEO)– Advisor - Greg Lauckhart – QL2, AdRelevance and Netbot (search)– Advisor – Kendall Kunz – CEO of Explore Consulting (CRM, sales), Aris,

Oracle04/12/23 3confidential

Page 4: Fast Pitch Forum (Gist)

The problem…

04/12/23 confidential 4

Page 5: Fast Pitch Forum (Gist)

A plan for innovation….

A “smart inbox” would;• Aggregate from multiple locations and feeds• Organize my data “auto-magically” into dynamic groups• Prioritize who is most important and drive action• Search and “pivot” around my data, fast• Integrate with existing solutions (e.g. Outlook and Twitter)• Mobile and web access…

And be connected to the “implicit web”;• Personal info about my contacts (contact info, photo..)• News or blog updates (content about them)• Personal feeds (e.g. blogs, twitter…) (content by them)• A derived social graph and related people

04/12/23 confidential 5

Page 6: Fast Pitch Forum (Gist)

Dashboard – what I need to know about my network

Page 7: Fast Pitch Forum (Gist)

Person detail – everything I need in one place

04/12/23 confidential

Page 8: Fast Pitch Forum (Gist)

Outlook – bringing Gist data where our users live

04/12/23 8confidential

Page 9: Fast Pitch Forum (Gist)

iPhone – all my data in the palm of my hand

04/12/23 9confidential

Page 10: Fast Pitch Forum (Gist)

A valuable target customer

• Business professional• Places high value of relationships (>8/10)• Has significant % of relationships outside

company• Uses technology to gain information advantage• Trained to pay monthly service fees

– Blackberry/iPhone– Salesforce.com– LinkedIn Pro– Zoom Info/Hoovers

• Roles include (execs, sales, recruiter, biz dev, VC, PR, journalists, lawyers…)

• Influencer of others on small teams• Often fits in GTD category as well• Technical, early but not bleeding edge adopter

04/12/23 10confidential

Page 11: Fast Pitch Forum (Gist)

Beta user progress (so far)

04/12/23 confidential 11

Page 12: Fast Pitch Forum (Gist)

Summary

• Strong, experienced team with leading investors

• Demonstrated efficient use of capital and fast progress

• Focused business model and value proposition

• Great initial traction and product momentum

• Revolutionary AND evolutionary approach

• Large problem space with lots of options

04/12/23 12confidential

Page 13: Fast Pitch Forum (Gist)

Thanks

Page 14: Fast Pitch Forum (Gist)

A very large market opportunity

A very big marketLinkedIn ~35M subscribers, projected revenue of $75-150M, $1B valuation

Salesforce ~1.2M subscribers, $600M in revenue and $3B market cap

RIM/Blackberry ~14M subscribers, $6B in revenue and $25B market cap

Exchange/Outlook ~120-400M subscribers, $4-6B in revenue

Personal Communication

s

Personal Communication

s

Web content (news + UGC)Web content

(news + UGC)

Social networksSocial networks

04/12/23 14confidential

Companies leading the (r)evolutionGoogle = inbox + “news” (news and ads)

Facebook = social network + inbox

Twitter = “inbox” + social network