Netbook Navigator Update
Subject: Investment Opportunity: Netbook Navigator
Dear Mr. Feldstein and Associates,
I want to thank you for the opportunity to present our business opportunity to your esteemed colleagues. I hope you enjoyed listening to the presentation as much as we enjoyed delivering it.
Allow me to thank everyone who was able to attend the meeting. For those who could not attend, please allow me to share some key points about our investment opportunity:
- Netbook Navigator is the sole importer and exclusive North American distributor of a cutting edge new line of Slate PCs
- Our products compete in an explosive growth, $20B+ global industry known as “Emerging Mobile Form Factors”
- We have already generated $250K Gross Sales in our first 6 months of operations, with under $5K spent on marketing or payroll
- Our ever expanding client list includes such Fortune 500 companies as Microsoft, Intel, Cisco and Heraeus
Currently, there is no direct competitor to our products in the USA retail market. This presents an immediate opportunity for us to become a first-to-market innovator, in much the same way that Palm created a $500M+ business with the introduction of their Palm PDA. By licensing our own custom PC-based software interface exclusively to our hardware, we aim to capture measurable and sustainable market share amongst other products that appear inferior by comparison, such as the Apple iPad or Samsung Galaxy Tab. For more information, please visit www.NetbookNavigator.com
Profitability Analysis:
- Currently, experts forecast more than 50 million tablet computers will be sold in 2011.
- Our average sale price per product = $800-1000 USD. Average Gross Margin = 40%
- To meet our projections, we will only need to capture less than 0.03% of global market in 2011, and 0.15% by 2013.
About the Investment:
- Currently we are seeking $500K in exchange for 10% equity in the company
- Budget allocation: 60% production of inventory, 20% payroll, 15% marketing, 5% infrastructure
- We conservatively project a minimum 900% ROI within 3 years
It goes without saying, but I do want to stress the time-sensitive nature of this investment opportunity. As technology continues to evolve on a daily basis, the sooner we can bring these products to market, the larger the share of the market we can hope to capture in the long run.
My team and I greatly appreciate the chance to present at the businessman’s roundtable, and we look forward to the opportunity to sit down with potential partners to keep the ball moving in the right direction.
Please feel free to contact me with any questions or concerns, and thank you again for your consideration!
Warm Regards,
Matthew E. Gross
CEO and Founder, NetbookNavigator.com
O: (888) 638-6281 ext. 101
M: (516) 582-3055F: (888) NET-NAV1
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