June 1, 2016 - StayBillety Update - CONFIDENTIAL

Hello StayBillety supporters!  Two months in and much to tell...

PROJECTED GROWTH - two new and reputable reports were released in May projecting continued growth for shared accommodation economy … great news for the StayBillety business plan:

TEAM - Carolyn Waldo has stepped off of the team to focus on building her communications business in Ottawa.  In addition to having Carolyn cheering from the sidelines, most members of the core team are on ‘other assignment’... So, I’m in the process of bringing on several all-star summer students to help me keep things flying, while I search for additional leadership candidates.  

TECH - Post launch clean up continues on the MVP.  Documentation is completed and Tanuj Nayanam will be helping out with some tech ‘bits and pieces’ with our developers over the next month.  

MARKETING -  After a ‘noisy’ April, we have established some solid processes/systems for announcements and ongoing Social Media and PR.  Once the student(s) are on board, this will ramp up dramatically as they assist in supporting our marketing/communication strategies and affiliation agreements.  See staybillety.pr.co follow our newsroom (http://staybillety.pr.co/follow) for regular announcements.

… Still no news on the air date for my Dragon’s Den appearance… and I am still not going to tell you how it went!

AFFILIATES -  New since last report: Sail Canada Championship Events, and a special link for Fort McMurray listings. Already live:  Run Ottawa, CanoeKayak Canada, Sail Canada.  Contracts with two Universities are awaiting signature.  Some additional meetings are planned for the summer (including several in Ottawa tomorrow). Resources are limited currently, so our focus is on digging deep in the verticals in which we are becoming/anticipate becoming established (canoe/kayak, sailing, US college football, US college basketball, marathon/triathlon).

BUSINESS -  We have revenue!  … Both from bookings and some minor Google ad revenue.  The business ‘Road Map’ for the next six months is in place.  The Board is now in place:  Debra McLaughlin (Strategic Inc. - Canada), Jeff Rubin (SIDEARM Sports - USA) and me. This month, I’ll be moving forward with our accountants and lawyers to revise all the incorporation paperwork, reflecting the Board, for our ‘minutes book’.   A funding an agreement with a seed investor is forthcoming.   Additional meetings with Angels and warm leads continue in June.  I am waiting to hear if we were accepted into the Accelerator Centre Jumpstart program;  I have been shortlisted for Communitech’s ‘Fierce Founders’ program [25 female entrepreneurs, 4 day bootcamp, $100K prize to one ‘fierce’ founder]

Where you can help:

1.  IMMEDIATELY - Register on the site. You know you haven't done it yet! and here's your QUICK RESEARCH ASSIGNMENT - Set up your membership using SMS verification.  Time how long it takes to receive the code.  There may be an issue with our SMS verification vendor (or how their system talks to our site) and we need more data.  Email me your findings to me at bjones@StayBillety.com

2. Follow us on twitter and Facebook:  @StayBillety …. facebook.com/staybillety

3. Leads/introductions for angel investors/financing/funding sources are always welcome

4. Spread the word to your friends, family, colleagues… encourage them to be HOSTS.

Please let me know if you have any questions or if any of this message requires additional clarification.

Thanks for your support of StayBillety.

Barbara

bjones@staybillety.com

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About StayBillety

Launched in March 2016 and based in Cambridge, Ontario (Waterloo Region), StayBillety is an international affordable, online accommodation service connecting like-minded guests and hosts. Celebrating community with its unique affinity-based affiliate model, StayBillety is also a social enterprise whose business supports charitable organizations. With StayBillety, guests traveling for concerts, commencements or competitions connect with enterprising hosts who share their common interests. Click here for press kit and media page. Visit StayBillety’s Facebook and follow @StayBillety #ComeOnIn

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