2. Bring me that?
What is
Online food delivery for small and medium sized cities
From paper menus To online ordering
3. team
Jason liang
Ceo
Experience:
Head of Product @ Bundle
(acquired by capital one)
developer @ Goldman sachs
Education:
BS in Comp Sci @ Columbia
MBA @ Harvard Business
School
Richard kuo
tech
Experience:
developer @ metarhythm
Education:
ba in econ, math @ Univ.
of Illinois
Dan adeyanju
Operations
Experience:
Project consultant @
optimum family medicine
Education:
Ba in african studies,
biology @ binghamton u
4. online food delivery market is
$14B
Of the $135B spent on delivery and carry out in the US*
150,000across
Delivery
restaurants
*data from NPD group/crest
5. Current competitors only in large cities
And Cover only 20% of the population
Current competitors
Current bringmethat
future bringmethat (July ’14)
Will cover the remaining 80%
6. US City demographics
# of Cities Total # of delivery
restaurants
Population
100,000-500,000
Population over
40,000-100,000
300
1000
38,000
75,000
$2B
Market size
Population over
500,000 25 25,000
$3B
$6B
8. futureCurrent
Consumer orders online Consumer orders online
Order processing
Member of our team
calls in order
Orders sent
electronically
Member of our team
calls in order
11. Current numbers
$150k
in total sales
processed
$6
Cost to
acquire
customer
$40
lifetime
value of
customer
35k
monthly
unique
visitors
10k
restaurants
available on
site
150% monthly
growth rate
Down from $60
in march ‘13
50% monthly
growth rate
$3.50 revenue/
order
