foodia: the yelp/facebook for food products
TRANSCRIPT
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Max Haines-StilesFounder
Foodia.comSan Francisco
find good food
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Food: the landscape
• There’s no one hub for all this food info
• Food choices can be a gamble without adequate info
• It’s hard to find tasty, nutritious, sustainable, good food
• Food: a huge market• $1.6 trillion industry with
310 million consumers
• 50,000 different SKUs at your local supermarket• Hundreds of thousands of
food datapoints and info sources
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What we’re doing
• The ‘Yelp for food products’
• Use foodia for:– reviews
• is this food good?– solving confusion
• free range? IPM? huh?– conversations
• what are my friends eating?
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Broad goals• Improve the shopping
experience • Facilitate food discovery• Helps folks shop & eat better
Traction (beta release 4/8/11)• 2,538 users (recurring visitors)• 00:08:54 avg time on site• 100,000 products in database
Next Milestones• 10,000 active users• 200,000 SKUs in database• Partnerships with 10 brands
Financing• Bootstrapped, but looking to
raise $500,000 by 5/31
Where we’re going
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Company snapshotTeam
• Max Haines-Stiles (Founder)– KFF; BA (Stanford)
• Tommy Tam (Engineering)– Founder and CEO (Aerio); Founder, VP
of Eng. (Accela); Senior Eng. (Apple); MS (MIT)
• Shila Soni (Health)– MS in Epidemiology (Stanford)
• Michael Huang (Design/Dev)– Joby; BS (Stanford)
• Tito Balsamo (Design Intern)– BS Stanford
• Founded: July 30, 2010 in San Francisco