1. 2cents

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2cents
Helping people get their questions answered

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People have questions

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2cents makes getting answers
easy, fast and fun

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Create Share
View results Follow
Promote

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USE CASE 1:
Cassie Kaufmann, soccer mom
• In charge of gift for the coach: what to give him?
• Email is slow and cumbersome
• In 5 minutes she creates a question, with pictures

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Create Share View results

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USE CASE 2:
Kurt Mayhew, B-list celebrity
• Early 2000s TV actor, jump-starting his career
• Wants fans to give input on his headshot
• Facebook and Twitter aren’t built for it

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Create Share View results

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Business Model
• Promoted (beyond your friends) questions = revenue
• Red Sox advertises season tickets via Red Sox questions
• Pay per response beyond your own network
• Market feedback, sales leads, advertising

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USE CASE 3:
The Temptations Diner
• A regional restaurant with 7 locations
• Wants to evaluate interest in a new breakfast menu
• Alternatives are complicated and expensive

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Create View results
Share Promote

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Things to Love About 2cents
• Getting answers solves basic human need
• Disruptive: faster, easier, more visual
• Social and viral on platform of 1 billion users
• Lean startup principles applied
• Quickly profitable

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Lean Startup
• Low overhead
• Test, data, pivot, repeat
• Race to paying customers

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Potential
• Disruptively easy revenue model like AdWords
• We learn about people in a new and profound way
• Over time, develop rich and detailed profile of users
• Social, viral, timely

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Where We Are
• Developed and tested prototypes with great feedback
• Formulating marketing plan, financials, milestones
• Release beta May 2014
• Summer: raise $200-300K for rollout
• Summer: recruit CEO, hire dedicated technical & sales team

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Contact
Kevin Gibbs CEO @
kwgkwgbrit@hotmail.com