Date post: | 06-Sep-2014 |
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Technology |
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Private & Confidential! YPlan April 2014!Ross Murray-Jones Show Me The Money, July 2014
Why plan when you have YPlan?!
2
Pay in 2 taps & go. Simple
Curated list of events daily
Go out tonight
Beautiful, social discovery of events
3
The story so far!
550,000+ downloads in London (20%)
10,000+ events run with 800+ partners
Engaged hard to reach audience: Gen Y
London, NYC, San Francisco + Las Vegas
$12m Series A funding round
? 4
Problem: No last-minute event marketplace existed!
5
Meanwhile, the $80bn industry was under-utilised
Theatre Live Music
70% 60%
Cinema Sports
15% 60%
800+ partners all the major promoters and venues in all of our key markets
11
Fundraising
Why fundraise?!
However… Underlying trade-offs VC funding not suitable for all Time-consuming
Opportunity
Ambition, growth
13
Strategic value of VC $$ !
Credibility
Building team
Strategic advice
Network of influence
14
Fundraising tactics!
15
Be 100% honest
Raise more than you need
Utilise business momentum
Have answer before question
Think independently
Sources: Adyen Mobile Payments Index, Comscore 2014 , Coatue, Accenture
Know your market e.g. mobile!
12m 13m 13m 11m
2013 2014 2015 2016
UK m-commerce users % of people who make m-commerce purchases within sectors
55%
46%
38%
Tickets for events (e.g. concerts, cinema,
theatre)
Tickets for transport (e.g. train, plane)
Clothes, shoes and other consumer goods
16m 19m
13m
21m
Spent >£10 per transaction Spent <£10 per transaction
Major trend globally increasing % of e-commerce
16
? Stephen Fry Pharrell
Williams
“Spontaneity app makes planning ahead so passe”
“18 apps we couldn’t live without in 2013”
“Editor’s choice”
“YPlan - now that’s a seriously good app. Last minute events London of all kinds booked in seconds. Damned smart”
“One of the seven hottest global startups of 2013”
“London’s hottest startup”
“Best Entertainment App 2013” – 2012's winner was the BBC
“YPlan offers a concise list of the best NYC nightlife in one app… genius”
Recent recognition YPlan is fast becoming a household name