The world’s first web app powered by your sense of humor.
The world’s first web apppowered by your sense of
humor.
WHY
OH GOD WHY ISA SENSE OF HUMORSO IMPORTANT?
MARKET OVERVIEW
Sense of humor is the heart and soul of a revolution in personalization that drives massive, rapidly growing markets.
Social Networking and Personalization
$100+BILLION Facebook showed the power of
recommendations by friends. Pandora used an algorithm to make even better personal
recommendations for music. Laflife’s algorithm makes better recommendations
for content and people who really click with your sense of humor.
Media and Advertising$82+ BILLIONAppealing to a consumer’s sense of humor is the holy grail of advertising. The most important studies in the field have confirmed the power of successful humor in advertising. A big problem: no one is ever sure why something works. Laflife understands how to put a smile on your face and what put it there.
On-line Dating$2+BILLION
Multiple polls of top on-line dating communities show that sense of humor
is one of the very top “must haves” in any relationship.
On-line Recruiting$14+ BILLIONMillions of job postings—more than ever before—now state “SENSE OF HUMOR REQUIRED”. No product or service has ever been available to address this growing concern.
What do you find most attractive about the opposite sex?
Women say:Sense of humor 24%Physical appearance: 21%
Intelligence: 16%
Integrity: 16%
Confidence: 15%
Professional success: 3%
Domestic skills: <5%
Financial success: negligible
Men say:Physical appearance: 33%
Sense of humor 19%Intelligence: 16%
Confidence: 12%
Integrity: 12%
Professional success: <3%
Domestic skills: 5%
Financial success: negligible
People Media, eHarmony, J-date, Christian Mingle
(If you are equal on relevance and information) funny always wins.
*http://www.acemetrix.com/spotlights/insights
The results. Sense of humor wins again.
What kind of Ads are most effective?
In 2012 the biggest study ever
of nationwide advertising asked,
*Robert Half International
84%employers feel that people who use their sense of humor do a better job.
91%executives
believe a sense of
humor is important
for career advancement.
Introducing the world’s first web apppowered by your sense of humor
Laflife Optimizes Discovery and Personalization_____________________________________________________________________________________________________________________________________
A breakthrough algorithmThe “Intel Inside” for who and what clicks with your sense of humor.Patent pending.
A robust platformDating, HR, Content Recommendation and a host of apps poweredby the same secret sauce.
A daily habit – sharing your sense of humorAn inspiring user experience. A solid, defensible business model.No one else can do what we do.
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LAFLIFE PROFILES
Automatically compiled infographics about your personal sense of humor.
Every user on the site gets a Humor Compatibility Score and Analysis.
LafGroups for friends and businesses: with two or more people get their own daily humor feed to share.
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CONTENT RECOMMENDATION
Machine Learning
The more you rate, the better it gets.
Every click gets a unique reward.
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TRACTION THROUGH MARKETING PARTNERSHIPS
Send us your customers
Turn your customer database…
…into a segmented, psychographic database
1
2
3
With Laflife, marketers get impressive psychographics and a sense of humor. Suddenly their customers are real.
- Pamela RaleyFormer head of online ad sales Disney, Hearst, Newsweek
“
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Revenue Sources and Goals
Laflife.com Laf Saas
LafDate (2% of users pay $5.00/mo.) LafAds (4 ads per visit, $1.50 cpm) SendaLaf (2% of users pay $1.00 per)
Start as Subscription Year 2+ Move to Transaction Based Recruiting, Dating, Media
Year 1Year 2
Year 3Year 4
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
Laflife.com
SaaS
Total
Y1 Y2 Y3 Y4 Laflife.com (B2C) monthly uniques 250,000 2,000,000 4,000,000 10,000,000 LafDate $300,000 $2,400,000 $4,800,000 $12,000,000 Laf Ads $144,000 $1,393,920 $3,373,286 $10,204,191 Send-a-Laf $60,000 $480,000 $960,000 $2,400,000 Total B2C $504,000 $4,273,920 $9,133,286 $24,604,191 B2B SAAS Dating $19,800 $59,400 $990,000 $1,980,000 HR $106,800 $3,738,000 $16,020,000 $37,380,000 Media $48,000 $480,000 $4,800,000 $16,800,000 Ad Network Services Total B2B $174,600 $4,277,400 $21,810,000 $56,160,000 Revenue $678,600 $8,551,320 $30,943,286 $80,764,191 Cost of Sales $284,920 $2,355,480 $6,362,000 $13,732,000 Gross Profit $393,680 $6,195,840 $24,581,286 $67,032,191 Gross Margin 58% 72% 79% 83% OPEX $978,000 $3,562,900 $11,363,000 $33,363,000 Operating Profit $(584,320) $2,632,940 $13,218,286 $33,669,191 Taxes, Interest $2,000 $1,154,544 $5,796,219 $14,763,940 Net Income $(586,320) $1,478,396 $7,422,068 $18,905,251 Laflife.com 74% 50% 30% 30% B2B Saas 26% 50% 70% 70% ARPU (Laflife.com) $2.02 $2.14 $2.28 $2.46
FOUNDER_________________________________________________________________________________________________________________________________________________________________
Bennett Johnston – CEO, investor, inventor, seasoned business development leader for multiple startups. Designed the algorithms for self discovery, content recommendation and sense of humor compatibility.
John McConnico - Designer, UI and UX with a who’s who client list including: Apple, Adobe, Cisco, EBay, HP, Intuit, NBC, Sony, Microsoft, Stanford University, Sun Microsystems, USPS, General Motors.
Jared White - Full Stack Software Developer who really knows how to build and scale heavy-duty database-driven applications.
Ruben Kleiman – Algorithm • Netflix Algorithm Scientist, Sr. Engineer • Architect of Movie Matching Algorithm• Apple, Principal Scientist • SGI, Architect first VOD system
Kourosh Karimkhany – Content, Ads, Operations• Wired.com - General Manager• Conde Nast Digital – acquired Reddit • Hipmunk, Yahoo, TPM, SAY Media, Gawker
ADVISORS______________________________________________________________________________________________________________________________________
At Laflife, our mission is to help you find yoursense of humor whenever you need it.
Discover yours atwww.LafLife.com
Appendix_______________________________________________________________________________________________________________________________
More Info
Company Type Acquirer Price InvestedMonthly uniques(at sale)
Notes
OkCupid Online Dating –ad supported
IAC $50M$38/user
$5M 1.3M NotableAlgorithm
Tinder Online Dating – no revenue
IAC$100+/user
$100+MFor 10%
fast growth
Major Innovation, really different
Hunch Consumer Profiles EBay $80M$66+/user
$20M 1.2M Notable Algorithm
StumbleUpon Content Recommendation
EBay $75M$53/user
$1.5M 1.4M Content Recommendations
HowStuffWorks Content Discovery $250M$64/user
3.9M Content fit
TRANSACTIONS
Laflife projects 10M users in 4 years, discount 5X = 2M users in 4 years$35/user = $70M
Sense of Humor as a Service - 1____________________________________________________________________________________________________________
HR - Recruiting GOLD SILVER BRONZE Conversion Monthly Annual
Potential 1,000 5,000 14,000 20,000 year 1 0.1 0.5 1.4 0.0% $8,900 $106,800year 2 3.5 17.5 49 0.4% $311,500 $3,738,000year 3 15 75 210 1.5% $1,335,000 $16,020,000year 4 35 175 490 3.5% $3,115,000 $37,380,000
Dating GOLD SILVER BRONZE Conversion Monthly Annual
Potential 10 90 500 600 year 1 0.01 0.09 1 0.1% $1,650 $19,800year 2 0.03 0.27 2 0.3% $4,950 $59,400year 3 1 5 25 5.0% $82,500 $990,000year 4 1 9 50 10.0% $165,000 $1,980,000
Media GOLD SILVER BRONZE Conversion Monthly Annual
Potential 600 2000 5000 8,000 year 1 0 0 1 0.0% $4,000 $48,000year 2 1 2 5 0.1% $40,000 $480,000year 3 6 20 50 1.0% $400,000 $4,800,000year 4 21 70 175 3.5% $1,400,000 $16,800,000
Sense of Humor as a Service - 2____________________________________________________________________________________________________________
GOLD SILVER BRONZEMo. Transactions* 250,000 100,000 5,000
Cost/mo. $20,000 $10,000 $1,000Cost per $0.08 $0.15 $0.20
Total/mo. GOLD SILVER BRONZE TOTAL MO.
year 1 $4,250 $7,900 $2,400 $14,550year 2 $103,250 $197,700 $55,500 $356,450year 3 $537,500 $995,000 $285,000 $1,817,500year 4 $1,425,000 $2,540,000 $715,000 $4,680,000
Annual GOLD SILVER BRONZE TOTAL
year 1 $51,000 $94,800 $28,800 $174,600year 2 $1,239,000 $2,372,400 $666,000 $4,277,400year 3 $6,450,000 $11,940,000 $3,420,000 $21,810,000year 4 $17,100,000 $30,480,000 $8,580,000 $56,160,000
Value for Users
Social Networks
Humor Sites
Dating Sites
Compatibility
Easy, fun, compelling Well, sort
ofNo Loooooooong
questionnaires
Explore new connections Shared laughs Well, sort
ofNo ?
Get a date Yes facebook apps No Yes
Personalized content
Attuned to what makes you laugh. “follow” No No
Laflife connects you to who and whatclicks with your sense of humor.