Ethan  Aus*n  Co-­‐founder  &  President  

 @EthanAus*n  

Medical Crowdfunding is eating the world!

Trends & Predictions:  

Prediction!

Over next 5 years, Medical will become the single biggest vertical in crowdfunding.!

1.  Insanely Massive Market +!2. Our healthcare system is shit +!3. Medical Crowdfunding changes lives!

EACH  YEAR  AMERICANS  SPENDS  $400  BILLION  ON  OUT  OF  POCKET  MEDICAL  COSTS  

MASSIVE  MARKET:    

Shi7y  healthcare  system  

Every 30 seconds, someone in the US files for bankruptcy due to medical debt!

$493 F’UBER Bill !

$1000 deductible$277 co-pay $493 Uber $190 medical equipment $352 extra meals _________$2312 out of pocket expenses !

50%  OF  AMERICANS  CAN’T  COME  UP  WITH  $2000  IN  THE  EVENT  OF  A  MEDICAL  OR  FINANCIAL  EMERGENCY.  

THE  AVERAGE  OUT  OF  POCKET  COST  FOR  BREAST  CANCER  IS  $8500  PER  YEAR  

The  Bankruptcy  Gap  

WHAT WE DO!

WHY WE DO IT!

DAN YARBOROUGH!

“WHEN  MY  SISTERS  AND  I  FIRST  STARTED  THE  GIVEFORWARD  PAGE  FOR  MY  DAD,  WE  DIDN'T  TELL  HIM  OR  MY  MOM  FOR  A  COUPLE  WEEKS...  FINALLY,  ON  MY  DAD'S  BIRTHDAY  WE  PRINTED  OUT  EVERYONE'S  COMMENTS  FROM  THE  DONATION  PAGE  AND  PUT  THEM  IN  WITH  A  BIRTHDAY  CARD.  WE  WROTE  ON  THE  CARD  "$9,720  AND  COUNTING!"  AND  SIGNED  IT  "LOVE  YOUR  FRIENDS  AND  FAMILY.”  

“WHEN  WE  GAVE  HIM  THE  CARD  AT  THE  HOSPITAL,  BEFORE  HE  OPENED  IT,  HE  SAID  JOKINGLY,  "OOOH  WHAT  IS  THIS?  A  CARD  FULL  OF  MONEY?!"  HE  WAS  IN  SHOCK  WHEN  HE  OPENED  IT  AND  SAW  THE  AMOUNT  OF  MONEY  WE  HAD  ALREADY  SECRETLY  RAISED!  AND  WE  ALL  CRIED  WHEN  HE  READ  EVERYONE'S  COMMENTS!  :)  EVEN  THOUGH  HE  HAD  TO  BE  IN  THE  HOSPITAL  ON  HIS  BIRTHDAY,  IT  WAS  A  GREAT  DAY!”  

Trends & Predictions  

Medical is currently the biggest category for 5 of the top 10 crowdfunding platforms!

Trend #1: General Platforms!

If you are a general crowdfunding platform (and your name isn’t Kickstarter) you are focusing significant energy on medical!

Trend #2: More Medical Clones!

Medical crowdfunding sites will continue to pop up but are probably a year or two too late to the party.!

Trend #3: Non-profit Crowdfunding!

Within three years there will be no major crowdfunding platforms used solely for non-profit fundraising!

“CHARITY  DOESN’T  MEAN  RAISING  MONEY  FOR  CHARITY.  YOU  CAN  ALSO  RAISE  MONEY  FOR  YOUR  FRIEND  WHO  HAS  MEDICAL  NEEDS.”  

–ROBERT  WOLFE,  CEO  CROWDRISE  

THE  END  

Ques*ons:    ethan@giveforward.com