A VC Presentation

Project Leader : Philip Copeman

The TurboCASH Project is run as a limited partnership, with Philip Copeman as the disclosed partner, project leader and copyright owner.

The Software is licenced under the GNU GPL.

Our primary loyalties lie to our users and the many volunteers who contribute to the project in the from of development and consulting around the TurboCASH Accounting program.

We are looking for a VC partner that will follow these principles

Small Business Hates Accounting

Software is too expensive

Too difficult to use

Dependent on Support

Can't be customizedCan't integrate with the Web

Free to Download

Superb Supporting DocumentationCommunity Supported Website

Plugin Expansions

Portable and Multi User

Open Source Business Model

C Distributed RevenueC

CCC

C

Build the CommunityC

C

Advertising Media

Sell ExtensionsCCC

C Development

Open Source Magic

CC

C

C

Upstreaming

Peer Review

Open FeedbackC GPL Contributions

TurboCASH is Successful in High Bandwidth Countries

Holland 15 000 Users

UK 10 000 Users

SA 30 000 Users

Figures as at April 2009USA 5 000 Users

New ZealandBelgiumAustraliaIndonesiaLatviaIrelandPhilippinesIndiaZimbabweCanada

Marketing

C Google Search

Open Source Branding

Free Distribution

Downstreaming

Competitors

Team

Status

C

C

C

80 Countries, 25 Languages

500 consultants, 100 000 users

Self financing

Stable Software

Polishing not Development

800 000 downloads

SupportSupport Multi User Web ServicesUsers surveyed April 2009

What is the value of TurboCASH ?

Current Strategy - $ 8 Million

Implementation of Commercial Model - $ 2 Million per year

Expand Base to 500 000 - $ 50 Million

Minimizes commercialization and works primarily on the collective value of the users. These are actual realized figures Users are valued at $ 100 per user

Product is divided into free offering and licensed offering. Multi user is the primary divider. Users also pay for us to connect to other commercial systems. Revenues grow proportionally to the user base

This is a future projection and assumes that we are able to expand the user base. User are still valued at $ 100 per user, revenues are projected as $2 M per 100 000 users.

www.turbocash.net