Japan Venture Environment and Hailo

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Transcript of Japan Venture Environment and Hailo

January 2016

Ryo UmezawaPresident & CEO

Hailo JapanJanuary 6, 2016

January 2016© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

High Personal Risk

© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

Venture Support Infrastructure

© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

The challenge

•Japan has the third largest economy in the world.

•But the population is shrinking and rapidly aging.

•And the younger generation is under-employed.

Source: The Economist

© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

However…

•Japan generates only $3 billion a year in venture funding for about 3,000 investment deals. •US start-ups receive $30 billion a year in venture funding for about 4,000 investments.

VC investments

US: $29.4B, Japan: $2.8B

© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

Internet Giants…

360B USDVS

60B USD

© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

Giants…

360B USDVS

360B USD

© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

The solution

“Between 1980 and 2005, virtually all net new jobs created in the U.S. were created by firms that were 5 years old or less.”

“That is about 40 million jobs. That means the established firms created no new net jobs during that period.”

Kauffman Foundation, April 2010 (NY Times)

Entrepreneurs are the source of new growth

© 2015 Ryo Umezawa - Confidential - All Rights Reserved.

January 2016

Three London cabbies. Three Internet entrepreneurs.

January 2016

Three London cabbies Three Internet entrepreneurs

January 2016

January 2016

January 2016

Two taps on your phone,two minutes to a taxi…

everywhere

“I make more money, drive fewer miles,

and take nicer people”

Passengers Drivers

16

January 2016

Did you know?

A Hailo Cab is Hailoed

2Seconds

every

January 2016

Did you know?

20,000,000Passengers have taken Hailo cabs

January 2016

January 2016

Did you know?

Average 33%Time Drivers spend looking for customers

January 2016

What we’re about

January 2016

What we’re about

January 2016

What we’re about

Just a flick of the wrist

January 2016

Creating Efficiency

January 2016

What we’re aboutOur Driver App

“I reckon my earnings are up 40%. No more looking for work – the work comes to me.”

- Scott H, Hailo Driver

January 2016

No. of Taxi : 45,976Fleets : 382Share : 20%

Nationwide No. of Taxi : 243,247

Tokyo : No.1

Osaka : No.2No. of Taxi : 17,686Fleets : 150Share : 8%

Fukuoka : No.3No. of Taxi : 12,592Fleets : 100Share : 5%

Japan Market

January 2016

18B USD Market

January 2016

Only 3% awareness

January 2016

Tokyo Osaka

Population 13.35M 8.86M

Smartphone Penetration 50% 40%

Driver Smartphone Penetration 38% 10%

Driver Average age 50th 60th

Driver Yearly Salary 40K USD 29K USD

Average Fare 20USD 15USD

CompetitorsAbout 10 apps, total of 2M downloads, up to 300K jobs/terminals/month

2 apps, total of 1K – 3K downloads, up to few K jobs/terminals/month

Tokyo vs. Osaka Market

January 2016

Think GlobalAct Local

January 2016

Stock : Tokyo Stock Exchange 9435Market Cap : 3.67B USD

January 2016

Corporate Social Responsibility

January 2016

Corporate Social Responsibility

Supporting the community by delivering AED

January 2016

January 2016

Entering Japan

January 2016