hubble @ rollins venture plan competition
TRANSCRIPT
Hubble, Inc.
Ryan Dodds Damien Madsen Alessandro Garabaghi
The way people work is changing…
Coworking in the news…
Corporate
Remote Professionals
Transitioning Professionals
Flex-time Professionals
Micros
Solopreneurs
Business Teams
Startups
Graduate Students
ExecutiveSuites
Colab
Cafes
IntelligentOffice
Home Office
TraditionalOffice
HUBBLE
low Service high
High
Cost
low
The Space
• Identify Location
• Secure Proposal and Lease Agreement
• Engage Architect
– Space Plan
– Design Development
– Construction Drawings
• Open September 1, 2011
Cost Analysis
HUBBLE Traditional Office Space
Unlimited≈$400 /
monthvs.
Size (sf)Cost per
sf
Total
CostCost / month
Limited≈$200 / 12
days1000 $25 $25,000 $2,083.33
Day Pass $30 / day 500 $25 $12,500 $1,041.67
2012 2013 2014 2015 2016
Revenues 448,467 1,109,107 2,156,967 3,665,864 5,035,913
Total SG&A 334,757 746,943 1,437,604 2,501,784 3,524,070
Total Marketing 20,277 52,298 101,728 177,238 247,633
Total Operating Costs 355,034 799,241 1,539,331 2,679,021 3,771,702
Operating Profit 93,433 309,866 617,635 986,843 1,264,211
Depreciation 31,944 71,556 124,056 188,250 239,417
Income Taxes 32,702 108,453 216,172 345,395 442,474
EBITDA 93,433 309,866 617,635 986,843 1,264,211
Net Income 28,787 129,857 277,407 453,198 582,321
Cash Balance (143,981) (32,988) 167,153 729,935 1,685,289
Cash Trough (198,285) (207,251) (62,376) 192,586 821,398
Summary Income Statement
Why Invest?
1.The Product: The best possible solution to
common workplace problems
2.The Team: Diverse backgrounds in
technology, sales, real estate, and customer
support
3.The Vision: To serve as many professionals
as possible
Even though it’s all about tech and the
Internet, the real magic of Silicon Valley
comes from people being in the same
space,
- Burt Herman, co-founder of Storify.
“
email: [email protected]
web: www.hubblepro.com
phone: 407.929.6709
twitter: @HubblePro
presentation: www.slideshare.net/RyanDodds