On Demand Everything
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Transcript of On Demand Everything
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Everything On DemandSteve Schlafman, Principal
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The US Service Based Economy
$1.2 trillion of GDP
Source: US Bureau of Labor Statistics (2010)Made with love in NYC by @schlaf and RRE Ventures
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The Largest Driver of Employment
115 million service workers
Source: US Bureau of Labor Statistics (2010)Made with love in NYC by @schlaf and RRE Ventures
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Buying Milk Has Come Full CircleYesterday Today
Groceries in under an hour
Made with love in NYC by @schlaf and RRE Ventures
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On-Demand Mobile Services
Applications that aggregate demand on mobile devices but fulfill that demand through offline services.
Made with love in NYC by @schlaf and RRE Ventures
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Collapsing The Value Chain
Yesterday
Today
Made with love in NYC by @schlaf and RRE Ventures
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The Perfect Storm
Smartphones
High Unemployment
Busy Homes LTE / 4G Everywhere
Made with love in NYC by @schlaf and RRE Ventures
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Societal Benefits
Local Jobs More Time Income from Property
Taxes
Made with love in NYC by @schlaf and RRE Ventures
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Categories Impacted
Moving & Storage
Transportation Home Services
Office Space Health & Beauty
Food & Dining Care Services Delivery Events TravelMade with love in NYC by @schlaf and RRE Ventures
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On Demand LandscapeTransportation Health & BeautyDining + Drinks
Delivery & Logistics
Food & BeverageHome Services
Travel / Hospitality
Events
Source: RRE Ventures (2014)
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VC Funding Since 2009
70+ companies$1.75 Billion
Source: RRE Ventures (2014), Mattermark, CB Insights, Crunchbase
*Excludes: Seamless, OpenTable, Eventbrite, Zipcar Made with love in NYC by @schlaf and RRE Ventures
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RRE Companies
Veterinarians on demand
Made with love in NYC by @schlaf and RRE Ventures
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RRE Companies
Food ordering apps for multi-unit businesses
Made with love in NYC by @schlaf and RRE Ventures
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Services We Admire
Peace and quiet on demand
Made with love in NYC by @schlaf and RRE Ventures
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Services We Admire
Made with love in NYC by @schlaf and RRE Ventures
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Services We Admire
Home services on demand
Made with love in NYC by @schlaf and RRE Ventures
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Services We Admire
Package delivery on demand
Made with love in NYC by @schlaf and RRE Ventures
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Services We Admire
Local, fresh meals on demand
Made with love in NYC by @schlaf and RRE Ventures
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Services We Admire
Move services on demand
Made with love in NYC by @schlaf and RRE Ventures
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Challenges
Regulation Low Barriers to Entry
Moving Atoms Regional
Made with love in NYC by @schlaf and RRE Ventures
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The Future
Business Services
Health Services
Real Estate Ecosystem Partners
Made with love in NYC by @schlaf and RRE Ventures
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A Final Thought
“Uber is efficiency with elegance on top. That’s why I buy an iPhone instead of an average cell phone, why I go to a nice restaurant and pay a little bit more. It’s for the experience.”
-Travis Kalanick, Co-founder / CEO of Uber
Made with love in NYC by @schlaf and RRE Ventures
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Thank YouSteve Schlafman, Principal