EECS 497 Company Presentation

Jill Bender

Products for Kids

Fooz Kids Computing Environment

Nabi tablet seriesWith Spinlets Plus TV

Financial Information

• Early Funding:

– $10M in Debt funding. (8/22/12)

– $6.25M in Series B funding. (5/7/09)

– $1.5M in Series A funding. (2/1/08)

• Now $55 million from backers – including Acer and DreamWorks

• Revenue $175 M – as of January 2014

History

Established 2008

– urFooz Avatars

2009

– Acer Funding -> Widgets -> Spinlets

2012

– Spinlets -> Fooz Kids -> Nabi

What’s Hot?

+

Secret Sauce

+

Services

• TV & Content Streaming

• State-approved curriculum

• > 100 Apps

Story: Fuhu Sues Toys ‘R’ UsMarch 2013

• Nabi vs. Tabeo

• lawsuit included:

– breach of contract

– unfair competition

– breach of implied covenant of good faith

– alleged misappropriation of its trade secrets

http://tsi.brooklaw.edu/cases/fuhu-inc-v-toys-r-us-inc

CompetitionLeapPad Ultra$149

Innotab 3S$80

iPad Mini$299

Tabeo$129

Prediction?

Forbes Prediction:

Yes:

– #1 America's on Most Promising Companies List

My Prediction:

Yes-ish

– Must innovate further