Pitch Deck
Dating based on more than looks
While other dating sites focus on looks, DrYnks lets you woo potential partners by offering more. Date smarter with the secure platform that’s designed to give successful professionals a competitive edge.
Traditional online dating platforms force people to fit into a
particular box. They need to look a certain way or say specific things
to get the attention of a potential partner. DrYnks understands that
this approach is ineffective, at best, because it forces serious daters
to compete against those with other interests.
Instead of relying on looks (or pictures of yachts) to attract dates,
DrYnks lets members date on their own terms. Woo potential dates
with gifts, entice someone’s interest with a chat, or connect over
video and get to know each other online first. DrYnks encourages all
of its members to lead with their strengths- whatever they may be.
The problem
Online dating sites are a great place to start when you’re searching for a date, either because you are new-in-town or newly single. However, they aren’t much better than posting a dating ad and hoping someone responds. Singles need a way to show who they really are and what they have to offer.
Sure, you could go to a bar and buy some (hopefully) available singles a drink, but are they even interested? How many bars would you have to visit to find an attractive person to join you on a date?
DRYNKS addresses
these problems and more
Hookups ≠ Dating
A focus on sex makes it difficult to find people who are interested in dating
Online scammers
Catfishing and fake profiles make online dating undesirable and risky
Takes too long
Identifying a match and inviting them on a date can take days or weeks
Offline safety
Knowing where and how to meet is intimidating for many daters
The solution
Chivalry restored
DrYnks places the focus on chivalry. Members meet for dates, not sex, at desirable venues. DrYnksLux lets members woo potential dates without being awkward by automatically transferring DrYnksNow funds during the date.
Catfishing blocked
Members need both an email and phone number to sign up and must also provide annual profile videos to remain verified. DrYnksLux funding is verified prior to the date, and the community can block members who are not who they claim to be.
Date now; Not next week
DrYnksNow on-demand dating lets members invite multiple people on a date simultaneously. Request dates from the community while traveling or stay in your local area. Members can also set their availability for dates and prevent date requests on the days they are not interested in dating.
Safety/Meet in public
DrYnksNow dates only occur in public venues. Prior to the date, all personal information (including a phone number) remains private. The date location is also hidden until the date is funded.
Market Share for Paid/Online Dating
3% Market share of paid online dating = $300 Million Market Cap
1% Market share of total online dating = $1 Billion Market Cap
Paid Dating Sites
DRYNKS 5 year goal
Total Online Dating
DRYNKS 5 year goal
Competitive Advantage Ideas
Real Time Available Dates
Yes
No
No
Public Forum for Available Dates
Yes
No
No
Offer Payments
Yes
No
Yes
Funds Verification
Yes
No
No
Public Location Meetings Only, for Safety
Yes
No
No
Safe and Discreet Payment Transfer
Yes
No
No
Profile Accuracy & Dating Etiquet Ratings
Yes
No
No
Multi-Level Referral System
Yes
No
No
Revenue Opportunities
Open Chat
Greater of $5 or 4% of pamper amount.
We pay $1 to the person who wants to be taken on dates and be pampered.
Virtual Date
$20 — We pay $10 to the person who wants to be taken on dates and be pampered.
8% — Gifts
16% — Dates
20% — Private Video Sales
Assumptions
$100 — Average date amount
3 — Number of Open Chats per month
1 — Number of Dates per month<
Market Size
30,000,000+ Members on other incentivizing sites
Initial Go-To Markets
(based on established networks /
familiarity of the leadership team)
San Diego
Los Angeles
Las Vegas
Orange County
San Francisco
New York
Miami
Chicago
Dallas
Houston
Industry Standards
$125
Average First Date Incentive
4
Average Dates Per Month (Man)
16
Average Open Conversations / Mo
DRYNKS Data
$197
Average Pampering Amount
3
Average Dates Per Month (Man)
5
Average Open Conversations/mo
$25
User Acquisition Cost Year 1
$22
User Acquisition Cost Year 2
Financials
Based on 9 markets only and a 1.1 VC post 2nd round funding
Go-To Market Plan
Influencers
Direct Marketing to Sororities in SD, OC, LA initially (Email, in person, events)
Multilevel Referral Incentive $250 / Referral Over Lifetime
30% members from this source
San Diego
50+ Male and Female immediate registrations before launch-incentives (Identify influencers)
Highly-Viral Components
50-300 Registrations
Influencers
200-500
Gaming Mechanics / Reward Program
To help decrease the 21% expected churn
Events and Parties
100-500 Registrations
Social Media
Continuous
Direct Advertising
2-3% Registration Rate
Go-To Market Plan
Influencers
Direct Marketing to Sororities in SD, OC, LA initially (Email, in person, events)
Multilevel Referral Incentive $250 / Referral Over Lifetime
30% members from this source
San Diego
50+ Male and Female immediate registrations before launch-incentives (Identify influencers)
Highly-Viral Components
50-300 Registrations
Incluencers
200-500
Gaming Mechanics / Reward Program
To help decrease the 21% expected churn
Events and Parties
100-500 Registrations
Social Media
Continuous
Direct Advertising
2-3% Registration Rate
Leadership
Kasra Sadr
Co-Founder, CEO
Serial Entrepreneur
Attorney
Product Visionary
Robb Pollard
CMO
Jacob Kucera
Product Designer
Shervin Erfani
Co-Founder, COO
Chairman of Board
Serial Entrepreneur
Product Visionary
Founder of Top3Dentists
Top3PlasticSurgeons
TextTango
JogaIM
Rankipedia
SDFC
Wish a Smile
Timeline of Activities
Timeline of Activities
Invest in the Future of Dating
$1.5M
We are proud to have closed our first round of funding of $650,000. We are now Looking to raise an additional $1,500,000 for our second round to help us expand into Las Vegas, Los Angeles, Miami, New York, San Francisco, Chicago, Phoenix, Boston and Atlanta. We are offering:
A. Stock at $5M pre-funding valuation; or
B. 36 month convertible note. At term of note we pay back principal and 6% interest or you convert at pre-funding valuation of 10X yearly gross revenues. Calculated by trailing 3 months, extrapolated for the year.
$1.5M
We are proud to have closed our first round of funding of $650,000. We are now Looking to raise an additional $1,500,000 for our second round to help us expand into Las Vegas, Los Angeles, Miami, New York, San Francisco, Chicago, Phoenix, Boston and Atlanta. We are offering:
A. Stock at $5M pre-funding valuation; or
B. 36 month convertible note. At term of note we pay back principal and 6% interest or you convert at pre-funding valuation of 10X yearly gross revenues. Calculated by trailing 3 months, extrapolated for the year.
$650,000
Raised to Date
Series A
Number of Rounds
Let’s get in touch!
