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Sizzle Concept Presentation - Positioning, Target Market, MVP and Vision Matthias Galica with Romy Maxwell, Brian Garrett and Brett Brewer 12/13/12
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Sizzle product vision pitch121312 abridged

Apr 14, 2017

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Matthias Galica
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Page 1: Sizzle product vision pitch121312 abridged

Sizzle Concept Presentation - Positioning, Target Market, MVP and VisionMatthias Galica with Romy Maxwell, Brian Garrett and Brett Brewer

12/13/12

Page 2: Sizzle product vision pitch121312 abridged

I-

The artist pain we aspire to soothe, together.

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Is BandPage Solving a Real Problem?

“The splash page I made in under 60 secondsultimately re-defined my entire music career.” - No Artist, Ever

Really an Artist’s Biggest Problem?

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Does Klout Even Address a Real Problem?

Biggest Problem?

“I have 27,245,022 Twitter followers and 93 Klout!”

Cool… what the #@%^ does it mean!?!

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Do True Fans like to be special?

Yes!What do True Fans value, at a premium?

Exclusivity! Authenticity! Access!How can we define True to correctly spot & measure them?

Good question!

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Worse, Buying Fake ‘Followers’ is Cheap

It’s easy to cheat the count, not just on Twitter either…

To experiment whether these kind of services actually work,Matthias (@galica on Twitter) paid $119.95 to see…

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Shame on you Klout!Bad Klout!

The service added nearly 10,000 followers in under48 hours. No negative repercussions to date.

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Could the Sizzle Score attack this problem?

Yes!

Should we tackle this now, as a key part of the MVP?

I think so!

To solve artist pain, what can Sizzle Score also measure?

True Fans!

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Private Alpha Begins

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II-

Market challenges specific to ‘music startups’and Sizzle’s competitive edge.

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Courtesy of Dalton Caldwell: imeem Founder/CEO ’03 – ’09- Raised $50MM from Sequoia et al; got up to a $24MM run rate and 95 headcount.

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Courtesy of Dalton Caldwell: imeem founder/CEO ’03 – ’09- Raised $50MM from Sequoia & others; got to a $24MM run rate, 95 headcount.

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Courtesy of Dalton Caldwell: imeem Founder/CEO ’03 – ’09

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Courtesy of Dalton Caldwell: imeem Founder/CEO ’03 – ’09

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Courtesy of Dalton Caldwell: imeem Founder/CEO ’03 – ’09

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Strengths -Firepower that comes with Seal, Brett Brewer, Ziya and their respective personal networks, expertiseand shared wisdom-Priceless foundation of authenticity of the above-Our team’s passion & expertise in music tech -Our team’s track record of innovativedesign/development on mobile & cross-platform

Weaknesses -No current base of users or content-‘Killer app’ requires iterative testing-No brand recognition/awareness as yet-Diminishing marginal utility of ‘talent show’ contents at web scale, potentially negatingnetwork effects

SWOT Analysis

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Opportunities -EchoNest’s API + “scrobbling” w Facebook Open Graph APIstands us up on the shoulders of giants-Native Login (Facebook SDK 3.1 for iOS) now available-Leveraging SoundCloud, Youtube, Songkick, iTunes, etc APIsin aggregate to responsibly pre-populate

Threats -Music-tech space is absurdly crowded-Artist and fans both have fragmentation fatigue-Few tried & true business models available -Byzantine legal framework to navigate

SWOT Analysis Continued

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Mentorship/Tutor Market: Enthusiasts

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Mentorship Market: True Musicians

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Live Music Consumer Profile: Indie

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Live Music Consumer Profile: Pop

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The Vision