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Meet Sally!Sally’s currency is her killer web design skills!
She uses the Currency app to trade her services for the things she needs, and to help grow her small business.
B2B Bartering for the Millennial Generation
CONFIDENTIAL - Jared Krause - [email protected] - 415.871.1845
There are 22MM people like Sally in the US. On average, they gross $44K annually and take home under $25K.
90% of them already barter and want to barter more, but they consistently complain that:
•�it’s hard to find bartering parters
•�negotiation is clumsy
•�there are no ratings and reviews •�there are no accountability systems in place
If provided with a system that works, it would solve a major problem in the small business (SMB) community and could make a lot of money.
* US Bureau of Labor Statistics 1.Survey conducted by Gather Inc 2015
1
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Currency - How it works
Mini Profile Page Match Page Full Profile Page
Swipe through businesses and skills to find what you need. When there’s a match, just exchange credits; we take care
of the rest.
Market OpportunityMarket Opportunity
Customer: US-based SMBs
US Bureau of Labor Statistics
US based small and mediumbusinesses (SMBs)
29M
of which are independent contractors/sole proprietors.
22M
of net-new jobs are created by this group of SMBs every year
70%
WASHINGTON
546K
CALIFORNIA
3.7M
TEXAS
2.5M
ILLINOIS
1.2M
GEORGIA
1M
PENNSYLVANIA
1M
OHIO
1MMICHIGAN
900KNEW YORK
2.1M
N. CAROLINA
850K
FLORIDA
2.2M
Problem / Current Solutions
• High interest credit cards for purchases
• Antiquated barter exchanges • Online forums • Rely on chance to find suitable
bartering partners
Current Solutions
• No easy way to find bartering partners • No ratings systems, or reviews of past trades • Lack of accountability if things go wrong • Awkward negotiation process (if any) • No easy way to track who owes who what
Problems
The average independent contractor earns only $44k/year and is cash strapped. 90% barter, but current platforms are unreliable, unpredictable, and generally no fun.
A mobile marketplace, wallet and payment platform that makes it easy for businesses to buy what they need using their products and services.
Step 1: Easy matchmaking:
Swipe through relevant smb’s to find people who have what you need
Step 2: Read reviews, chat
and button-up the details right in the app.
Step 3: Keep track of your credits
right in the app. If anything goeswrong, Currency has you covered.
Market OpportunityOur Solution
Market OpportunityOur first WAUs
Amethyst Sky
Hair Styling
Animal Traks
Pet Grooming
Beau K
Catering Service
Bow Wow Meow
Pet Care
Cecilia Ros
Photography
Chicago DJs
DJ Service
Big Wave Dave
Boat Rentals
Cling & Peck
Wedding Photos
D’Lo’s Renos
General Contractor
Elan Azure
Health Trainer
Gardens That Grow
Gardening Service
Helens Holistic
Acupuncture
Hollow Leg
Mixology Classes
Jump Shots!
Party Photos
Lani’s Spa
Mobile Spa Service
Lighten Up
Energy Healing
Meez Meals
Cooking Classes
Misty Winter
Photography
Motech
IT Services
RockStar
Barber Shop
Sean Rabiola
Real Estate
Shirley’s Pets
Dog Walkers
Soapy Suds
Window Washing
Studio Finch
Photography
Nicole Marie
Events Planning
Edd Fairman
Entertainer
Wilder's Garage
Auto Repair
Chicago Massage
Massage/Bodywork
Two Brothers
Sailing Lessons
5 Star Valet
Valet Services
Robert Hough
Car Audio Repair
Vega Brothers
Landscaping
True Glow
Tanning Salon
Revive Skin Solutions
Health Care
Our first trades
Art of Good Eating
Catering Service
Chicago Mobile DJs
DJ Service
Photo Booth
Event Photos
Nicole Marie
Events Planning
Centre for Learning Abilities
True Glow
Tanning Salon
Perfect Finish
Upholstery Service
Amethyst Skye
Salon
Chicago Memory Booth
Photo Booth Service
Edd Fairman
Event Entertainer
Radiant Thai Massage
Massage Service
Beau K Catering
Catering Service
Jump Shots!
Party Photos
Art of Good Eating
Catering Service
Jump Shots!
Party Photos
Nicole Marie
Events Planning
JARED KRAUSECEO- CEO- TradeYa - Largest P2P Bartering Marketplace - CEO - Goodlife.com - Small Business Marketplace with 10K LA businesses
JULIA LANDRY
InvestorsTeam
RYAN TOMKINSON CREATIVE BRAND DIRECTOR - Levis, Alternative Apparel, Groundwork Coffee. - Design/Branding for over 50 top boutique brands.
MICHAEL RIENSTRAENGINEERING
DANNY ZAPPIN CEO/Founder - Maker Studios Sold to Disney for $950MM
WARREN OSBORN
Board and Seed investor at Ancestry
BOB VANECH Zealot Networks
Lead Team
PRODUCT DESIGNER - Lead Designer, Songza (sold to Google $39MM) - Lead Designer, Stash ($3MM seed feb 2016) - Senior Designer AD:60 - Designer, YouSendit
