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10x in 20 months. 10x in 20 months g rowing 5% per week. 10x in 20 months g rowing 5% per week. Seed Round. Series A. Traffic: 4x in 1 year. Traffic: 4x in 1 year. # of Groups: 4x in 1 year. Why? Because communities love it. Limited Functionality
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10x in 20months
10x in 20months growing 5% per week
10x in 20months growing 5% per week Seed Round Series A
Why? Because communities loveit • Limited Functionality • Get one, get all (not modular) • Lack of Design Flexibility • No monetization • No SocialInfrastructure • Maintenance &installation hassles • Spam • No Single Sign-On • No Unique Interface • Meant as badgesmore than groupinteraction • No monetization • Walled Garden • No Flexibility Facebook Groups CMS, Forum, Wiki Platforms Yahoo, Google Groups Usenet Email Lists
Responds to 4 basic needs of groups • Conversation • Sharing • Collaboration • Collective Action
5 breakthroughs • Rich Functionality • Full Flexibility • Revenue Share • Easy to use • Born to be Viral
GROUP FOUNDER GROUP MEMBERS
Rich Functionality // via SOCIAL BEANS
Full Flexibility Look includes front-end elements such as template and skin via OpenTemplateTM Data includes user and backend data via Elastic ModulesTM and intrAPITM Function includes front-end elements such as template and skin via GROU.PS API and Open Source Platforn (will be replaced by Facebook Platform by 2Q10)