The document summarizes a new online platform that allows users to rent their personal items to others and earn money. Items can be listed on the platform and booked by other users through a website or smartphone app, offering a wider selection than commercial rental services at lower prices. The platform also plans to launch new "Try and Buy" and "Use or Buy" products that let users sample items like phones or TVs for a few days before deciding whether to purchase them or return the rented item. The platform will test multiple business models including owning popular items, premium services, and partnerships with retailers for the "Try and Buy" program. A brief bio of the CEO and management team is also provided.

2. Rent your personal items, from cars to jewelry, and earn money
Users place their
personal items on the
platform
Web and
smartphone
Items can be
easily booked by
other users
Much wider choice
than any other
commercial rental
service could offer
65-80% cheaper than
commercial rentals

3. New product “Try and Buy”
Top story of the day
within the leading
business news portal
www.vz.lt
Allows users to sample
products (phones, TVs,
etc.) for a few days
before considering to
buy them.
Launched in Jan 2014, with
NOKIA as a launch partner.
Currently in discussions
with Samsung, and other
retailers.

4. New product “Use or buy”
Launching in
Feb 2014
Users will have an opportunity
to return a rented item or keep
it for the “own it” price set by
the item’s owner

5. Business models
Multiple business models will be tested:
Ongoing
-
Most popular items owned by the platform.
-
Premium services: insurance, item storage fees, delivery etc.
-
“Try and buy” partnerships with retailers & distributors.
Planned
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6. Team
CEO
Paulius Valatkevicius
CTO
CEO at Livinage.
Online Editor at Pinigu karta.
CBDO
Tadas Vizgirda
CEO at Tammi.
Software developer at Iptune oy.
CMO
President, AmCham.
Management Consultant.
Investor
Ilja Laurs
Chairman at Nextury Ventures.
Founder and chairman at
Getjar.
Mantas Zivaceviskis
Paulius Maciulevicius
Project manager at LTF.
News editor at LRT.
Advisor
Mindaugas Glodas
General manager at Nextury
Venturtes.
15 years experience in ICT industry.