Reduce startup mortality · market for business education and training Simulations & games - the...
Transcript of Reduce startup mortality · market for business education and training Simulations & games - the...
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Reduce startup mortality
https://virtonomics.com/en/startup-simulator/
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PROBLEMStartup Mortalityin the first year 80%
The main reason:
The founders don’t have enoughexperience and business skills
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100 000 000early entrepreneurs in the world
$2.4 trillion annual loss of small business due to founders mistakes
Severity of the problem
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SOLUTIONMMO business simulator
VIRTONOMICS ENTREPRENEUR
https://virtonomics.com/en/startup/
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Pilotslearn airplane control skills by training in a simulator.
Efficient and safe
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Entrepreneurslearn business skills from their mistakes and losses in real startups.
Expensive and painful
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“ Today, anyone can learn the basics of driving a car with the help of car simulators or learn how to build a business in the business simulator Virtonomics
Pavel DurovFounder of Telegram
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VIRTONOMICS ENTREPRENEUR
Multi-user simulator for developing practical business skills
Realistic business simulator forsearch and testing of business ideas
A virtual model of your business for experimentation
What is it?
+
+
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TRAINING
MMO GAMEPlace your screenshot here
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VIRTONOMICS ENTREPRENEUR
Developing practical business skills among aspiring entrepreneurs
Elimination of fears and self-doubt in novice entrepreneurs
Reducing the risks of making typical and fatal business mistakes
For what?
Increase the likelihood of successful startup development.
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Place your screenshot here
Skills in managing all key business processes
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VIRTONOMICS ENTREPRENEUR
Create a virtual prototype of your future business in the game
Analyze markets, manage all key business processes
Compete and collaborate with thousands of live players
Complete hands-on training exercises
Test business models, hypotheses, strategies. Don't be afraid to make mistakes
AI analyzes your managerial mistakes, gives tips and tests business skills
How it works?
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$600 BLNmarket for business education and training
Simulations & games - the fastest growing segment in business education
$300 MLNaffordable market for 3 years
ourmarketis growing28%in year
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MOOC & E-learning platforms:
Coursera, EdX,..
COMPETITORS
Learning Management
Systems
simformer.com goventure.net
simventure.comcesim.com
The global market presents solutions for the B2B segment,but almost no serious B2Cbusiness simulators
Practice
Theory
B2B B2C
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VIRTONOMICS FACTS
More than 1,300,000 USD - own investment
Running business with an effective business model
80% of revenue is generatedin an USA company
Auditory55% 30% 15%
Top Google Positions for Key Queries
Incorporation:
Localization - EN, ES, RU
Unit Economics:
Subscription $29/m
LTV = $135
CAC - $20
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Plans: we attract 2 000 000 USD
Scaling toUS and European markets
Developmentmobile application
Localization and sales inSouth-East Asia
1st year after investment
2nd year after investment
3rd year after investment2018
RegistrationsPaying customers
Annual revenue $ 0,3 mln1 350
55 000
$ 2 mln
6 700
300 000
$ 12 mln
40 000
1 800 000
$ 60 mln
200 000
9 000 000
+$1,7 mln
+$10 mln
+$50 mln
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VIRTONOMICS TEAM
SERGEI MENSHIKOVCEO, СМО
Background:СЕО Forex Club, CEO [email protected]
SERGEY MORGALEVСТО
Background:Lead programmer inForex Club, CTO Simformer
DENIS ZHURAVKOVGAME DESIGNERCOMMUNITY MANAGER
ANTON FEDOTOVWEB-DESIGNUX/UIProven experience growing
a startup in a large international business - Forex Club