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Fruit Street Investor 2017 FINAL
Fruit Street Investor 2017 FINAL
FOR PHYSICIANS
Join 200 physicians in 16 medical
specialties who have already invested
over $6M into Fruit Street and
join our physician community today.
2
OUR MISSION
Healthcare practitioners
currently lack an <50%
of U.S. adults
effective means of meet 2008
physical activity
monitoring and guidelines 43.8M
changing patient 69% 86% U.S. adults
are current
of adults are smokers
lifestyle behaviors. overweight or of U.S. adults
dont eat enough
obese, and 1 in 20
have extreme fruits and
obesity vegetables
FRUIT STREET | INVESTOR PRESENTATION | FEBRUARY 2017
4
Fruit Streets goal is to sign up 5,000 healthcare providers, each paying $200 per month for our
software. This would generate $12M in annual recurring revenue. Software companies, due to
their high margin and growth potential, are often acquired for 10X their annual recurring
revenue. This scenario would position Fruit Street to be acquired for $120M, providing its
physician investors with a significant return on their investment.
5,000
providers
$200 /month $12M
annual revenue
10X
$120M
The global mHealth market size is expected to reach USD 49.12 billion by 2020,
growing at a CAGR of 47.6% from 2013 to 2020, according to a new report by Grand
View Research, Inc
Fruit Street
advertises on
the two largest
Doximity is the LinkedIn is a
physician-only
largest community business and
social networks
of healthcare employment-
professionals in the oriented social
country with over networking service
700,000 verified that operates via
U.S. physicians, websites, with over
nurse practitioners 467 million accounts.
and PAs
COMPETITIVE ANALYSIS
Fruit
Street
eVisit
SnapMD
Chiron
Health
Rather than raise capital from one venture capital firm, Fruit Street
prefers to have 500 passionate and intelligent physicians who invest
an average of $50,000 each to raise a total of $25M .
Physicians also act as medical advisors Physicians can also Physicians are issued
in an online medical think-tank giving us invest using their additional shares on top
advice on clinical trials, product design, 401K/IRA without of their investment to be
and business strategy. a tax penalty advisors
*READ ABOUT THIS FUNDING STRATEGY IN FRUIT STREET CEO'S ARTICLE IN THE
FRUIT STREET | INVESTOR PRESENTATION | FEBRUARY 2017
13
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
Average Capital Raised Per Month = $221,804
$200,000
$100,000
$0
TRACTION TO DATE
4 institutions
each contributing $150K $50K per month
in revenue
Class A Common
243 certificates 15,338,919 54.524% 15,338,919 54.524%
30,000,000 authorized
Class F Common
1 certificate 2,000,000 7.109% 2,000,000 7.109%
2,000,000 authorized
VSee has 50
full-time
employees
consisting of
talented engineers DR. MILTON CHEN DR. ERIKA CHUANG STEVE CHANG DR. TORREY LYONS
and designers. Co-author of XMPP Facial Animation Expert; Server wizard; Mobile wizard;
video standard; Fmr Disney, IBM, HP; Stanford college roommate Founder, XonX project;
Stanford PhD Stanford PhD w/ WhatsApp cofounder CalTech PhD
VSEE CUSTOMERS
Vsee is not only developing Fruit Street's software but is also a business
partner promoting our telehealth lifestyle modification product with its
customers, some of the largest health systems in the world.
FUNDRAISING HISTORY
$1.8M raised at a
$1.6M
of friendly shareholder debt
$4M
raised at a
(loans ranging from 2-7 years)
$5Mpre-money $0.48
$1.1M
of debt left to be paid
$10M
pre-money $0.66
valuation per valuation per
share share
We have a highly-motivated
team, backed by 200 physicians
serving as investors and
LAURENCE GIRARD MILTON CHEN ADAM PRINCE, MD
advisors to the company. CEO and Founder, Fruit Street; Co-Founder and CTO, Sales Associate,
Undergraduate Pre-Med Fruit Street; Board of Fruit Street
Student at Harvard University; Directors, Fruit Street;
Extension School and Kairos CEO and Founder, VSee.com
Society Global Fellow
Fruit Street is
a global movement
of physicians
throughout the world
in different countries
and continents that
want to improve
healthcare with
technology
OUR OFFICE
By avoiding smoking, eating well, exercising, and controlling our weight we can
reduce our lifetime risk of getting any major chronic disease by 80%.
David Katz, MD, MPH
Being the richest man in the cemetery doesn't matter to me. Going to bed at
night saying we've done something wonderful, that's what matters to me.
Steve Jobs