Date post: | 21-Oct-2014 |
Category: |
Technology |
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Presented by:Heather ScottDavid LevinsonJimmy AbarcaEmily SmithDaniel Friedman
CONFIDENTIAL
CONFIDENTIAL
Taltopia.com A social networking community that
provides a platform for aspiring talent to interact with fans and industry professionals while supplying the tools necessary to acquire the fame they deserve
CONFIDENTIAL
Allen Vartazarian, Co-Founder UC Berkeley ‘05
B.S. Business Administration Walter A. Haas School of Business
B.A. Economics
Anthony Zanontian, Co-Founder UC San Diego ’06
B.A. History, Cum Laude
CONFIDENTIAL
Talent industry is one of the most competitive industries to break into with many layers Agents, scouts, managers, auditions, etc.
Popular social networks are convoluted with random content; it is hard for talent to stand-out
Aspiring talent need a low-cost, efficient, creative, and user-friendly way to gain exposure
Currently, craigslist.org is the main source used by casting directors to find talent
CONFIDENTIAL
A platform where the user decides who becomes famous
A social network dedicated to talent and fans who come to vote, promote, and discover rising stars
Web 2.0 features harness viral nature of the internet Social bookmarking (Digg, Reddit, Technorati, etc) Share on major social networks (MySpace, Facebook)
Strategic partnerships Ex: Studios, casting and talent agencies
CONFIDENTIAL
Easy to use Create a free profile, upload media, use promote
features, build fan club, and get votes
Key Differences Fun yet professional fame-themed social
community Users decide who gains and loses popularity “Wall of Fame” allows users to buy exposure Talent “Portal”- embed content from other sites Rewards system – earn “Famebucks”
CONFIDENTIAL
Trend has shifted from traditional talent scouting methods to empowering audiences to decide
Recent success of talent shows on television American Idol, America’s Next Top Model, America’s
Got Talent, Dancing With the Stars, Project Runway
Internet-based audience voting is still in its infancy; a great opportunity to capitalize
People finding fame on internet LonelyGirl15 (YouTube), Justin.tv
CONFIDENTIAL
Direct Ad-Sales Banner ads Sponsored contests/talent
Revenue Generating Features
Job Board, Directory Pay-Per-Download Media,
Merchandise, Widget Industry Login, BoB
Platform
Content Monetization Adbrite BritePix In-Roll Ads
Approximate Revenue Distribution
CONFIDENTIAL
2007 2008
MySpace $525 $820
Facebook $125 $215
Other General socialnetworks sites and portal-based social networks
$180 $225
Niche social networks and marketer-sponsored social networks
$70 $120
Total $900 $1,380
Source: eMarketer, May 2007
• As a well-positioned social network, Taltopia is prepared to seize a substantial portion of the healthy growth in online social network advertising
US Online Social Network Advertising Spending, by type of network. 2007 & 2008 (millions)
US Online Social Network Advertising Spending, 2006-11 (millions)
CONFIDENTIAL
Development Continue to improve server architecture &
release new features
Marketing and Growth Launch online/mass media advertising
campaign Continue to create brand awareness Capture significant market share
Expansion Joint ventures
talent agencies, mobile carriers, tv/radio/print
CONFIDENTIAL
How should Taltopia.com maintain professionalism in the content? Members can publish any type of
document. For example, a cell phone picture of a model in a restroom
Should they police content? Who defines “talent”?
CONFIDENTIAL
What are possible ways to increase revenue? It is difficult for social networking sites to
attain profitability Advertisers are skeptical that ads on these
sites would turn into revenues for them
CONFIDENTIAL
What are ways to increase membership? From a VC perspective, in social
networking sites, amount of members is crucial
Current membership level is hovering around 50K
The next goal is 100K members
CONFIDENTIAL
How should Taltopia.com find and use qualified programmers? The website currently has only one developer Los Angeles (headquarters) is a city with few
programmers Outsourcing to lower wage countries has proven
unsuccessful in the past
CONFIDENTIAL
1. How should Taltopia.com maintain professionalism?
2. What are possible ways to increase Revenue?
3. What are ways to increase membership?
4. How should Taltopia.com find and use qualified programmers?
CONFIDENTIAL
Allen Vartazarian: Email: [email protected] Phone: 818.438.4656
Anthony Zanontian: Email: [email protected] Phone: 559.906.2050