vLance.vn's pitch at Founder Institute
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Transcript of vLance.vn's pitch at Founder Institute
![Page 1: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/1.jpg)
Freelance Marketplace TRAN NGOC TUAN, Founder
/ntuan1611 @ntuan16 /in/ntuan16
![Page 2: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/2.jpg)
Vision
Thanks to internet, we help Businesses and
Freelancers to connect and to work easily
from anywhere in the world.
![Page 3: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/3.jpg)
Outsourcing Demand
![Page 4: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/4.jpg)
Market overview
➢Global Outsourcing 2013 $422B
➢Online Marketplace 2013 $1.6B
Source: Staffing Industry Association
+50% per year
![Page 5: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/5.jpg)
Problem
>80% FAIL
because of
COMMITMENT
![Page 6: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/6.jpg)
Our Solution
➢Connect ○ Bidding ○ Private team
➢Guarantee ○ Escrowing ○ Rating
➢Collaborating
○ Tracking tool
○ Messaging
![Page 7: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/7.jpg)
Revenue Model
➢Commission
➢Premium subscription
➢Addon ○ Skills testing
○ Additional bids
![Page 8: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/8.jpg)
Case study
Founded 1998 & 2005
Funding $95M + $44M
Processed $750M (2013)
Founded 2009
IPO Nov 2013
Value $1.1B
![Page 9: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/9.jpg)
vLance – Current State
➢ Launched Dec 2013
➢23.000 Users
➢ Project posted $180.000 - Monthly +25%
➢56% Jobs matched & DONE
➢18% use vLance payment
![Page 10: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/10.jpg)
2 Years Plan – SCALE UP
➢ 200.000 Freelancers
➢ 20.000 Businesses
➢ Payment $4.2M
![Page 11: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/11.jpg)
Our TEAM
Tran Ngoc Tuan
Founder, CEO
Master in Business Computing
5 years as Freelancer in Web
Development
Nguyen Van Thiep
Co-Founder, CTO
Master in Computing Science
5 years as Web developer
3rd Prize at The ACM Asia
Programming Contest
Trinh Mai Hanh
Co-Founder, Marketing
Master in Communication & Media
3 years in Marketing at VTC Online
2 years as Freelancer
+7 Team members (Engineer, Designer, Sale, Support, Intern)
![Page 12: vLance.vn's pitch at Founder Institute](https://reader033.fdocuments.in/reader033/viewer/2022051817/547e16e0b37959442b8b548e/html5/thumbnails/12.jpg)
THANK YOU
/ntuan1611 @ntuan16 /in/ntuan16