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RateMyRoomie William Black, Courtney Kasztelan, Shawn Soto, Loi Tran Copyright © 2016 RateMyRoomie Inc. All rights reserved.

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Presentation on theme: "RateMyRoomie William Black, Courtney Kasztelan, Shawn Soto, Loi Tran Copyright © 2016 RateMyRoomie Inc. All rights reserved."— Presentation transcript:

1 RateMyRoomie William Black, Courtney Kasztelan, Shawn Soto, Loi Tran Copyright © 2016 RateMyRoomie Inc. All rights reserved.

2 Finding a Roommate is hard! Problem  Security Concerns  Moving to unknown cities  No information on potential roommates  Not Compatible Copyright © 2016 RateMyRoomie Inc. All rights reserved.

3 RateMyRoomie Solution  Match-making service to find you the ideal roommate  Integrative mobile and web application  Algorithm-based roommate compatibility “The E-Harmony for Roommates”™  Roommate search time cut by 50%  Increase likelihood of compatibility between roommates by 75% Copyright © 2016 RateMyRoomie Inc. All rights reserved.

4 Easy Sign- up. Start Looking. Find the best Roommate. Download Register Profile Search Copyright © 2016 RateMyRoomie Inc. All rights reserved. How it Works Let’s Demonstrate!

5 Millennials are Renting! Environment Threat (& why?)Opportunity (& why?) Homeownership rate loweringMore people are renting than buying homes Millennials are of age to rent apartments New, large generation to target New laws affecting the rental housing industry Create renting app that coincides with laws Internet of thingsMobile app growth Popularity of social media84% of renters spend their weekday nights at home Americans are more willing to move abroad Need easy way to look for apartments even when moving abroad Copyright © 2016 RateMyRoomie Inc. All rights reserved. Industry Analysis: Apartment Rental Industry

6 Competitive Analysis [RateMyRoomie][Craigslist][Apartments.com] [Roomi] OVERVIEW: All in one suite for finding a roommate, leaving reviews of tenants, finding apartments, and matching rental suitors. OVERVIEW: Classified based service covering more than 700 local sites in 70 countries. OVERVIEW: National online resource for finding apartments based on personalized searches and reviews of communities OVERVIEW: Instantly post listings, search for the right room or roommate based on lifestyle preferences, apply for a room, and pay rent — all within one platform ADDITIONAL VALUE: Roommate compatibility pairing, roommate reviews, background checks, moving related discounts, Global ADDITIONAL VALUE: Many additional items for sale, Global ADDITIONAL VALUE: Multimedia approach to listings, Apartment Walkthroughs. ADDITIONAL VALUE: Ability to pay rent within application, user chat CONCERNS: Privacy in sharing private information CONCERNS: Safety, no vetting, potential roommate conflicts CONCERNS: Safety, no vetting, potential roommate conflicts, US only CONCERNS: Safety, no vetting, potential roommate conflicts, Few Cities Revenue Sources/Funding: Premium Accounts Affiliate Marketing & Advertising Partnership with secure payment methods Revenue Sources/Funding: $13.5 M from Ebay, Inc. Some Fees for listings Revenue Sources/Funding: Ad supported subsidiary of CoStar Group, Inc. Revenue Sources/Funding: $6.62 M from venture capitalist Advertising IPO Winner!!!

7 3-Year Net Benefit Copyright © 2016 RateMyRoomie Inc. All rights reserved. Financials Years 1-3

8 Implementation Timeline Phase 1: Develop working prototype. Market research. Phase 2: Deploy in Philadelphia, New York, Boston, & DC. Phase 3: Deploy in North America, UK, France, & Germany. Phase 4: Worldwide deployment. Install executive board. Final Goals: IPO Preferred global roommate and rental finder 2016-20192020-20242026 Requirements: Development team, marketing, investors, consumers, expanded workforce Requirements: New global HQ, Expand IT infrastructure, International deployment team, expanded workforce 10 Year Plan Implementation Copyright © 2016 RateMyRoomie Inc. All rights reserved.

9 Visit Us Online Copyright © 2016 RateMyRoomie Inc. All rights reserved. RateMyRoomie @RateMyRoomie RateMyRoomie Download our App Now!

10 Appendix Copyright © 2016 RateMyRoomie Inc. All rights reserved.

11 Screenshots of Prototype

12 Industry Analysis - Porter 5 Forces Threat of Potential Entrants - Medium threat of new entrants - Some experience needed in web design and database management Bargaining Power of Buyers - Medium bargaining power of Buyers - Many sites but no single application suite encompasses all desired features. Bargaining Power of Suppliers - Medium bargaining power of Suppliers - Vast amount of sites to post rental listings but many have costs associated. Threat of Substitutes - High threat of substitutes - Other applications, classifieds, college housing newspapers, word of mouth, rental agencies. Rivalry Between Competitors - High Rivalry between competitors - Limited customer retention Copyright © 2016 RateMyRoomie Inc. All rights reserved.

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14 Data Model High Level Data Model Copyright © 2016 RateMyRoomie Inc. All rights reserved.

15 User Service Provider Cloud Firewall WebserverData Storage Google Maps API User Systems Architecture Server Client


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