pitch deck 2 14-13 cevc

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Building a better bike sharing system -- Turning bikes into an everyday convenience.

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Page 1: Pitch deck 2 14-13 cevc

Building a better bike sharing system--

Turning bikes into an everyday convenience.

Page 2: Pitch deck 2 14-13 cevc

What is Bike Sharing?

Think ZipCar For Bikes

Page 3: Pitch deck 2 14-13 cevc

Benefits of Bike Sharing

• Solves the last mile problem

• Improves local economies

• Lowers car usage, CO2 emissions, and congestion

Page 4: Pitch deck 2 14-13 cevc

Why isn’t Bike Sharing Everywhere?

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Affordable Structured & Secure Proven soon

Great User Experience

Competition

Page 6: Pitch deck 2 14-13 cevc

The Solution

Smart Bikes – Dumb Racks

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How it Works - Demo

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Traction

Company Started (Dec. 2011)

Michigan LLCPrototype

Google TestProvisional Patents

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Revenue Model

Initial Sale

Licensing Fee

Shops & Restaurants

Proximity Advertisements

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5 Year ForecastYear 2013 2014 2015 2016 2017

System Fleet 15 215 900 1500 3000

Sales 22,500 400,000 1,370,000 12,00,000 30,00,000

Licensing 4,500 64,500 270,000 450,000 900,000

Adds 3,000 43,000 180,000 300,000 600,000

Total Revenue 30,000 507,500 1,820,000 1,950,000 4,500,000

COGS 72,500 300,000 822,000 660,000 1,500,000

SGA 0 150,000 340,000 560,000 1,200,000

EBT -42,500 57,500 658,000 730,000 1,800,000

Page 11: Pitch deck 2 14-13 cevc

Market Size

500+ US cities with public transit$56 billon industry

240 US cities ‘bike friendly’$469 Million

100 US cities >100k population$425 Million

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Potential Customers

Secondary Customers • Universities• Corporate Campuses

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Partners

Partners Needed• Mechanical Hardware Manufacturer• Electronic Hardware Manufacturer• Advertisement Agency

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TeamAnsgar StrotherCo-Founder

Keith PorterCo-Founder

Renjay LuiLead Software Architect

Carl VitulloSoftware Developer

Looking for a:Market Analyst orSystem Analyst

Brianna SchwartzArt Director

Kevin ChynSoftware Developer

Looking for an:Additional

Programmer

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Board of AdvisorsParrish BergquistM. Urban Planning, U of M- Bike Sharing Advice

James GoebelCOO, Menlo Innovations- Business Advice

Tim PotterManager, MSU Bikes- Bike Advice

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Next Steps

Finalize Designs

Mfg. Ready - $50k

Small System Test Large System Sale

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How You Can Help

• Grant funding• Connections• Visit www.a2bbikeshare.com and

like us on Facebook

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