investor presentation. uconnect, inc. uconnect has set out to stimulate the currently fragmented...
TRANSCRIPT
INVESTOR PRESENTATION
uConnect, Inc.
uConnect has set out to stimulate the currently fragmented campus recruiting market by creating white-label private social recruiting networks for colleges and universities.
The Problem - SchoolsAfter 5 years of studying the campus recruiting market as students, employers and alumni, we came to three major conclusions:
1)Schools are not keeping students & employers engaged2)Recruiting activity is highly fragmented3) Brand & university development is suffering as a result.
20%
13%
16%12%
11%
19%
9%
Where are student looking for jobs?
CraigslistLinkedInMonsterCareer BuilderIndeedCS Job BoardOther
Implementation
Reverse Recruiting
The Target3,000+ certified colleges and universities in the U.S.
400+ in the Northeast (New England + NY + NJ)
50+ colleges and universities in Boston and immediately surrounding areas
Business ModelSchools:
1) $5k Recruiting Edge (annual license)2) $12k Recruiting Edge Premium (annual license)3) $8k Virtual Student Body (annual license)4) Maintenance contract (annual fee)
Employers:1) $1k profile and unlimited access (annual fee)2) $3k profile, unlimited access and recruiting applications
Advertising (on uConnect_Labs)
The Problem - EmployersAfter 5 years of studying the campus recruiting market as students, employers and alumni, we came to three major conclusions:
1)Companies, especially SMEs, aren’t traveling campus to campus2)It’s tedious to post on multiple school’s job boards3)The process induces email overload of unqualified candidates
What campus do you want to recruit at?
Boston University
uConnect_Labs
Bentley University
New York University
Harvard University
UMass Amherst
EMPLOYERSRecruit defined networks of campus job seekers
Implementation
uConnect Labs
• Proprietary network of employers looking to recruiting students
• Focus on underserved segment of employers
• Build brand equity of your school and your staff
• Manage and recruit new employer relationships
The TargetStartups
SME’s
Local businesses
Non-profits
Community Leaders
School Faculty
Internships
Entry-level Jobs
Local Jobs
Volunteer Opportunities
Community Service
Research Projects
Reverse Recruiting
Reverse Recruiting• Initially, only for staff• Eventually, create a front-end widget, and allow employers
and alumni to remotely recruit under school’s umbrella• Process is more efficient (time) and effective (matching)
Gamification• Revolutionize the online campus recruiting process with the
social web
Business ModelSchools:
1) $5k Recruiting Edge (annual license)2) $12k Recruiting Edge Premium (annual license)3) $8k Virtual Student Body (annual license)4) Maintenance contract (annual fee)
Employers:1) $1k profile and unlimited access (annual fee)2) $3k profile, unlimited access and recruiting applications
Advertising (on uConnect_Labs)
Competitive Landscape
Direct VendorsSpecialized StartupsLarge Players
Talented Team. Customized Approach.David Kozhuk, Founder2008 ISOM Graduate; 3 yrs. in Venture Capital; Investment Finance Entrepreneur Highly incentivized and invested in project
Patrick Carroll, Chief Technology Officer15 years of web design & development; Harvard Business Review, HFM, Harvard College
Kyle Sherin, Chief Implementation OfficerCommercial iT product implementation; Walt Disney Co., SCVNGR
Zachary Smith, Lead DeveloperWordPress development & customization expert, Significant start-up & commercial Experience
Ryan Jackson, Web DeveloperMIT Computer Science; 10+ yrs of Code; Strong Product Dev & IT Mgmt background
Tony Devincenzi, Designer & Branding StrategistMIT Media Lab; Seattle Art Institute; 6 yrs of commercial design & development
Team BuildingHire product manager/CTOBuild product development teamSales VP with higher-ed track recordRecruit intern teams at each member school
Hiring follows company’s mission to recruiting college students
Financing$250k - $500k ($50k units)
Capital efficient model
Time to market is low
Early recurring revenue streams
Attractive Acquisition Targets:
~$20k monthly cash burn
Team building
Marketing, lead generation, sales
Scaling business and technology
Continued product innovation
Use of Proceeds
Investment highlights• Passionate, highly incentivized CEO, who knows the market cold• Compelling market – large, clearly defined, underserved, loyal• First mover advantage with disruptive solution• Strong incentive structure to create network • Reputable reference client mitigates technology and execution risk• Attractive business model, driving early and recurring revenues• Highly scalable technology generating strong margins• Well suited acquisition targets •Downside scenario is high margin web products business
uConnect, Inc.Emerging Enterprise Center 1000 Winter St. Suite 4000Waltham, MA 02451781-588-5907
[email protected] @uconnect_labs www.uconnectlabs.com