1. Investor Presentation
Spring 2012
©
2012

2. Cau$onary
Note
Regarding
Forward
Looking
Statements
Certain
statements
in
this
presenta$on
and
responses
to
various
ques$ons
includes
forward-­‐looking
statements
within
the
meaning
of
the
Private
Securi$es
Li$ga$on
Reform
Act
of
1995.
All
statements
other
than
statements
of
historical
facts
contained
herein,
including
statements
regarding
our
growth
opportuni$es
including
mobile,
mone$za$on
of
mobile
users,
growth
in
the
social
discovery
market,
expecta$ons
regarding
interna$onaliza$on
of
the
plaJorm,
expecta$ons
regarding
our
usage
paKern,
expecta$ons
regarding
our
rebranding
and
migra$on
of
users,
global
momentum
and
opportuni$es
are
forward-­‐looking
statements.
The
words
“believe,”
“may,”
“es$mate,”
“con$nue,”
“an$cipate,”
“intend,”
“should,”
“plan,”
“could,”
“target,”
“poten$al,”
“is
likely,”
“will,”
“expect”
and
similar
expressions,
as
they
relate
to
us,
are
intended
to
iden$fy
forward-­‐looking
statements.
We
have
based
these
forward-­‐looking
statements
largely
on
our
current
expecta$ons
and
projec$ons
about
future
events
and
financial
trends
that
we
believe
may
affect
our
financial
condi$on,
results
of
opera$ons,
business
strategy
and
financial
needs.
Important
factors
that
could
cause
actual
results
to
differ
from
those
in
the
forward-­‐looking
statements
include:
issues
that
affect
the
func$onality
of
our
mobile
applica$on
with
popular
mobile
opera$ng
systems,
any
changes
in
such
opera$ng
systems
that
degrade
our
mobile
applica$on’s
func$onality
and
other
unexpected
issues
which
could
adversely
affect
usage
on
mobile
devices,
the
willingness
of
our
users
to
purchase
virtual
credits
on
their
mobile
devices,
and
acceptance
of
our
new
brand
in
La$n
America
and
globally.
Further
informa$on
on
our
risk
factors
is
contained
in
our
filings
with
the
SEC,
including
the
Form
10-­‐K
for
the
year
ended
December
31,
2011.
Any
forward-­‐looking
statement
made
by
us
herein
speaks
only
as
of
the
date
on
which
it
is
made.
Factors
or
events
that
could
cause
our
actual
results
to
differ
may
emerge
from
$me
to
$me,
and
it
is
not
possible
for
us
to
predict
all
of
them.
We
undertake
no
obliga$on
to
publicly
update
any
forward-­‐looking
statement,
whether
as
a
result
of
new
informa$on,
future
developments
or
otherwise,
except
as
may
be
required
by
law.
Regula$on
G
–
Non-­‐GAAP
Financial
Measures
This
presenta$on
includes
a
discussion
of
Quepasa
and
myYearbook
combined
company
revenues
for
2011,
EBITDA
and
adjusted
EBITDA
which
are
non-­‐GAAP
financial
measures.
Reconcilia$ons
to
the
most
directly
comparable
GAAP
financial
measures
are
provided
on
the
Investor
Rela$ons
sec$on
of
the
Quepasa
corporate
website
at
hKp://www.quepasacorp.com/investors/non-­‐gaap/.
©
2012
MEET
2

3. Investment
Highlights
§ #1
most
visited
social
network
for
mee;ng
new
people
in
the
US.1
§ 3.1+
billion
page
views
per
month.2
Comparable
web
page
views
to
TwiEer
in
the
US.
§ 60%
of
ac;vity
on
mobile,
up
from
2%
in
2010.
§ #1
Top-­‐Grossing
Social
App
on
Android.3
§ $10.8
million
1Q12
revenue
and
posi;ve
adjusted
EBITDA
(non-­‐GAAP)
of
$673,000.4
§ Significantly
undervalued
compared
to
social
media
peers.
1comScore
US,
Feb.
2012.
myYearbook
vs.
Tagged
and
Badoo.
2Google
Analy;cs,
combined
myYearbook
+
Quepasa
Q1
2012
web
and
mobile
page
views.
3Android
Market
Top
Grossing
Social
Apps
on
3/26/2012.
4Reconcilia;on
to
the
most
comparable
GAAP
financial
measure
is
available
at
hEp://www.quepasacorp.com/investors/non-­‐gaap/.
©
2012
MEET
3

4. November
2011
Merger
Creates
Leading
Social
Network
for
Mee$ng
New
People.
Our
mission
is
to
build
the
leading
social
network
for
mee$ng
new
people.
We
make
mee;ng
people
fun
through
social
games
and
apps.
NYSE
MKT:
MEET
Rebranding
to
beEer
reflect
our
mission
surrounding
mee;ng
new
people.
©
2012
MEET
4

5. Four
Categories
of
Social
Networking
©
2012
MEET
5

6. Category-­‐Leading
Engagement
Category-­‐Leading
Engagement
Source:
comScore
US,
April
2012.
Bubbles
denote
Avg.
Min
per
Visitor
per
Month
for
myYearbook
(now
MeetMe)
compared
to
other
proper;es.
Page
View
Source:
comScore
US,
Year
to
Date
Monthly
Data,
including
average
of
January
2012
and
February
2012.
©
2012
MEET
6

7. Leader
In
Fast-­‐Growing
Mobile
Market
1
Source:
Gartner.
CAGR
is
compound
annual
growth
rate.
Note:
Apple
has
paid
>$3B
$’s
to
developers
as
of
9/11,
implying
gross
app
market
revenue
of
$4B
in
3
years;
Google
indicated
during
CQ3
earnings
call
that
it
expects
$2.5
mobile
ad
revenue
in
2011E0.
2
Rankings
based
on
Google
Play
(formerly
Android
Market)
rankings
of
Apps-­‐>Social-­‐>Top-­‐Grossing
on
3/26/2012.
©
2012
MEET
7

8. Mobile
Revenue
Growing
Strong
Off
Small
Base
1
Mobile
revenue
refers
to
mobile
adver;sing
and
mobile
virtual
currency
revenue.
©
2012
MEET
8

9. Global
Opportunity
1comScore
Dec.
2011.
“It’s
a
Social
World.”
Reflects
social
networking
now
reaches
1.2
billion
users,
82%
of
the
online
popula;on.
2comScore
Feb.
2012.
Analysis
of
Unique
Visitors.
©
2012
MEET
9

10. Catalysts
§ Mobile:
– New
virtual
currency
&
mobile
mone;za;on
products.
– Launch
of
Social
Theater
(incented
video
adver;sing).
– Ini;al
results
from
virtual
currency
launch
on
iOS.
Currently
the
#1
Top
Grossing
Social
App
on
Android.
– Interna;onal
launch
of
mobile
app.
§ Fall:
Migra;on
of
Quepasa
users
to
MeetMe.
§ Fall:
Global
Expansion
into
six
languages
on
web
and
mobile.
©
2012
MEET
10

11. Valua$on
Comparison
–
Social
Media
Peers
Market
2011A
2012E
2013E
Company
Ticker
Capitaliza$on
Revenues
MC/Rev
Revenues
MC/Rev
Revenues
MC/Rev
Renren,
Inc
RENN
$
1,850
$
118
15.7x
$
177
10.4x
$
257
7.2x
Yandex,
N.V.
YNDX
$
6,490
$
677
9.6x
$
943
6.9x
$
1,270
5.1x
LinkedIn,
Corp.
LNKD
$
9,930
$
522
19.0x
$
909
10.9x
$
1,350
7.4x
Groupon,
Inc.
GRPN
$
6,870
$
1,610
4.3x
$
2,400
2.9x
$
3,100
2.2x
Angie's
List
ANGI
$
738
$
90
8.2x
$
151
4.9x
$
223
3.3x
Zynga,
Inc.
ZNGA
$
4,610
$
1,140
4.0x
$
1,450
3.2x
$
1,750
2.6x
10.1x
6.5x
4.6x
MeetMe
Inc.
MEET
$
106
$
37
2.9x
$
51
2.1x
$
68
1.6x
Footnotes:
1) Source:
Yahoo!
Finance,
June
1,
2012.
2) MeetMe
2011
Revenues
reflect
Combined
Revenues
(non-­‐GAAP)
for
2011.
3) Reconcilia;on
to
the
most
comparable
GAAP
financial
measure
is
available
at
hEp://www.quepasacorp.com/investors/non-­‐gaap/.
©
2012
MEET
11

12. Appendix
©
2012
MEET
12

13. Stock
Price
Informa$on,
as
of
June
1,
2012
Symbol
MEET
2011 Revenues (millions)1
$ 36.80
Exchange
NYSE MKT
2012 Revenues (millions)2
$ 51.46
2013 Revenues (millions)2
$ 67.71
Price
$ 2.93
Shares Outstanding (millions)
36.25
Insider Ownership
44%
Market Capitalization (millions)
$ 106.21
Shares Short (millions)
4.7
Short % of Float
22%
52-Week Range
$ 2.74 - $ 10.42
Footnotes:
1) 2011
Revenues
reflect
Combined
(non-­‐GAAP)
Quepasa
and
myYearbook
revenues.
A
reconcilia;on
to
the
most
comparable
GAAP
financial
measure
is
available
at
hEp://www.quepasacorp.com/investors/non-­‐gaap/.
2) 2012
and
2013
Revenue
Es;mates
reflect
consensus
from
Yahoo!
Finance,
June
1,
2012.
©
2012
MEET
13