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Post on 17-Jul-2015

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Meet Jane

Last night…She spent hours on Tinder, Match, OkCupid

Here are the fruits of her labour:

Ugh.

Too much time is wasted on dating sites and apps; it’s like a second job

Messaging often doesn’t lead to actual in-person dates

No easy way exists to filter through the “creeps” and “flakes”

One-on-one dating is awkward

Problem

A web platform that puts users on real dates without all the anxiety, effort, and waiting.

Solution

3 ON 3GROUP DATES

with your friends

WE DO ALL THE WORK

scheduling, venue, reservations

NO PROFILES OR MESSAGING

so it’s effortless

PERSONAL MATCHMAKING

for better dates

Opportunity

138.8 Million34.7M

965k

SINGLES (NORTH AMERICA)

Total Available Markethttp://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/famil01-eng.htm

http://www.bloomberg.com/news/2014-09-09/single-americans-now-comprise-more-than-half-the-u-s-population.html

ONLINE DATINGServiceable Available Market

http://nypost.com/2014/09/09/single-adults-now-outnumber-married-adults/

MONTREALTarget Market

http://globalnews.ca/news/288881/single-in-the-city-what-the-census-can-tell-you-about-your-dating-pool/,

Based on first target city--FounderFuel, here we come!

We charge $11.50 per person per date. This includes the first drink (up to $9).

Business Model

Partners subsidize 50% of the first drinks

(We’re tinkering with price; there’s definitely value here and some members said that they wouldn’t mind paying up to $20)

The Magic

casualserious

Competitionmore dates

more messaging

Competitive AdvantageStrength in numbers / Dating with friendsMore relaxed and comfortable environment

Low friction datingLess time and effort to set up dates

Personal matchmakingGirls love the personalized approach; guys will follow

You only pay for your drink“Even if the date doesn’t work out, I only paid for drinks with my friends anyway”

Where we are

110 beta members signed up

12 paid group dates at a rate of ~2 dates per week

4 partnerships with local bars

Developing web app to include better match filtering, friend referral system, and scheduling January 2015 Launch

Thank you !