Pure app Investor Deck May 2014

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description

Pure is today’s hang out app. Created for those who are up for spontaneous meetings

Transcript of Pure app Investor Deck May 2014

Page 1: Pure app Investor Deck May 2014
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Pure is today’s hang out app

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Created for those who are up for spontaneous meetings

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People spend hours on dating apps instead of going on dates.

What problem do we solve?

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What’s wrong with existing solutions?

Lack of immediacy

Lack of focus on getting together soon

Social stigma of dating services

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PainkillerOur goal is to bring singles together today

1h search for people ready to hang out now

Simple way to find out if there is mutual interest

Blank slate every day

!

1h limit to seal the deal

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Business ModelTo use Pure, one needs to buy a pass that allows to submit unlimited meeting requests for 1 week.

Passes are sold through In-App purchase. The suggested pass price is $0.99.

We project active users to purchase 1 pass per month.

We will make a decision on expanding pass options, ie. weekend/monthly passes, based on experiments.

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Go to market

Pure 2.0 iOS and Android

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Open NYC office to test local user acquisition channels

Chrysler Building designed by Yi Chen from the Noun Project

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Proof of Concept

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5% female users in January → 17% in May

Numbers based on users in Moscow

of users create 10+ meeting requests per month

25%of users receive mutual interest

50%meeting requests per user per month (average)

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February

March

April

50% 100%

53%

69%

77%

47%

31%

23%

Returned New

Proof of Concept

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of users return the next month if they had mutual interest

Numbers based on users in Moscow

44%

51% return if their mutual interest was within 3 miles

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Press

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Mashable – App Aims to Seriously Spice Up Your Sex Life

New York Mag – No-Frill Thrills: The Rise of Minimalist Sex Apps

The Telegraph – Pure sex app targets 'open-minded' Britain

DailyMail – No-strings sex app launches for heterosexuals who can't be bothered with online flirting

Business Insider – Pure Takes The 'Dating' Out Of Dating Apps And Just Helps You Get Sex On Demand

The Huffington Post – 'Pure,' Sex App, Divides Itself From 'Time Consuming' Tinder With Single-Minded Focus

Jezebel – The Endless Quest for a Hookup App Women Will Actually Use

Salon – Do women want a hookup app?

Refinery29 – The 10 Best Apps To Grind To (That Aren't Grindr)