Dodos scale like software and streaming platforms and need to be pitched like one.
Most of the cost is up front, and the cost for the next marginal dodo user is very small. Cost to make a dodo is $3 and I can sell them for $33.
We plan to disrupt the dog and cat market. There are currently 80M pet dogs and 60M pet cats in the US. If we capture 50% of this market, that would be 70M dodos.
This gives a projected ~210 Million annual recurring revenue in the US alone.
As growth company, we foresee a price to earnings of 40x at this point, which would put us at market cap of 8.5 billion.
If I sell you 49% of the company for your 30M startup cost, this would represent a 28000% return on investment for you.
Dodos scale like software and streaming platforms and need to be pitched like one.
Most of the cost is up front, and the cost for the next marginal dodo user is very small. Cost to make a dodo is $3 and I can sell them for $33.
We plan to disrupt the dog and cat market. There are currently 80M pet dogs and 60M pet cats in the US. If we capture 50% of this market, that would be 70M dodos.
This gives a projected ~210 Million annual recurring revenue in the US alone.
As growth company, we foresee a price to earnings of 40x at this point, which would put us at market cap of 8.5 billion.
If I sell you 49% of the company for your 30M startup cost, this would represent a 28000% return on investment for you.