33needs overview

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<33needs.com> University of Florida January 14, 2009

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Transcript of 33needs overview

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<33needs.com>

University of FloridaJanuary 14, 2009

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needs

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“we mass produce world-changing startups”

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by transforming ideas

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into world-changing startups

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here’s how it works:

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there’s a 21-year-old college student in Los Angeles, CA

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his name is Jake

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Jake has $30

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there’s a 21-year-old college student in Malawi, Africa

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his name is William

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William has an idea

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their connection is our mission

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to answer the most important ? of our time:

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9 Billion People + 1 Planet = ?

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not with

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apathy

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our answer?

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100 million solutions

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Jake, meet William

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we connect

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entrepreneurs solving big needs to $ (capital)

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it’s called crowd-funding

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we’re flipping the standardfunding model on its head

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how?

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a social entrepreneur creates a profile on 33needs.com

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what’s a social entrepreneur?

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n.,1. a pioneer of innovative solutions for the planet

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William is one

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William builds windmills that provide energy + clean water

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thousands of entrepreneurs see the world like William:

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“I find out what the world needs, then I proceed to invent.”

- Thomas Edison

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what do they care about?what do they want?

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sustainable food

clean water

clean-energy community

opportunity

global health

education for all

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back to William

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William needs seed capital to scale his impact

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William: “I want to harness the wind across Africa.”

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from his profile, he chooses a $10,000 “funding target”

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then he chooses to share 10% of his revenue with investors

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your turn, Jake

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Jake explores a few of the 311 profiles on 33needs.com

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the ideas are organized into 8 “big need” categories

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communityhealth

opportunitywater

sustainable foodenvironment

energyeducation

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he finds William’s magetsi a mphepo – “electric wind” idea

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he likes this “invest in a better world” thing

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Jake invests $30 (or 3 “parts”)in William’s idea

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FYI: Jake can invest in steps of $10 (“the part price”)

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he is now a “Believer” (also pondering his own big idea)

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Who (or what) benefits from Jake’s investment?

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(1)

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William has seed $ to grow his purposeful business model

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(2)

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Jake receives a small % of William’s future revenue

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(3)

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33needs receives 3% of the established funding target

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(4)

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the world has a solution

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remember

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this is not charity

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we believe business has a role to play in making the world a better place  

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we think so.

join us at <33needs.com>