Our mtg is a marketplace startup targeting the growing population of independent workers who need private, secure meeting environments. The deck positions the company as a hybrid of WeWork and Airbnb, focusing on the friction points of public coworking: lack of privacy and unpredictable space availability. With a business model centered on a 10% commission on $100/hour room rentals, the company presents a lean operation. At the time of the deck, the team had completed two transactions totaling $150 in revenue and established a functional web presence. The deck highlights a specific geographic…
Key takeaways
- The startup identifies a market of 60 million independent workers as its Total Available Market on slide 11.
- The core value proposition is solving the 'lack of privacy/proper security' found in traditional coworking environments as stated on slide 3.
- The business model relies on a $100 per hour space rental fee with a 10% starting commission for the platform according to slide 10.
- Early traction is minimal, with slide 12 reporting only two completed transactions and $150 in total revenue.
- The deck utilizes a 'WeWork meets Airbnb' analogy on slide 8 to simplify the marketplace concept for investors.
- Expansion plans are hyper-local, targeting GVL (Greenville), ATL (Atlanta), CLT (Charlotte), and NSH (Nashville) as shown on slide 12.
- The team includes a Venture Capital Analyst and a Meeting Strategist, providing relevant domain expertise as noted on slide 13.
- The deck lacks a formal 'Ask' slide, omitting the specific funding amount or valuation sought from investors.
Slide-by-Slide Analysis
Slide 1: Title Slide
The deck opens with a minimalist logo for OUR MTG enclosed in a square border. The tagline is clear and functional: "Discover Meeting Spaces Close to Home." This immediately establishes the company as a location-based service focused on the professional meeting niche.
Slide 2: The Problem
This slide uses a bar chart to show the growth of people in coworking spaces, projecting a rise from 331,000 in 2015 to 1,076,000 by 2022 . It also lists statistics for independent workers: 30% (40 Million) in 2008, growing to 40% (60 Million) by 2020 . The slide establishes a large and expanding user base but focuses more on market growth than the specific pain point.
Slide 3: The Context
Slide 3 attempts to refine the problem statement. It lists "Heightened success in start-ups" and "Greater demand for collaborative space." Crucially, it identifies two specific frictions: "Unpredictability of available space" and "Lack of privacy/proper security." A cluster of logos from successful tech companies (Tesla, Slack, Airbnb, Uber) is included, presumably to associate the startup with the modern tech ecosystem, though the direct connection to these specific brands is not explained.
Slide 4 & 5: Visualizing the Status Quo
These two slides are purely photographic. Slide 4 shows a modern, crowded coworking space, while Slide 5 shows a cramped coffee shop filled with people on laptops. These serve as visual evidence of the "problem"—noisy, non-private environments where professional work is currently being conducted.
Slide 6: The OUR MTG Solution
The solution is presented in three high-level bullet points: Connect Firms , Facilitate Meetings , and Increase Economic Prosperity . While these are noble goals, the slide is light on the actual mechanics of the product, functioning more as a mission statement than a product overview.
Slide 7: The Idea
This slide uses a classic startup trope: "WEWORK meets AIRBNB." This is an effective shorthand for investors to understand that this is a marketplace for short-term, professional space rentals. It bridges the gap between the real estate management of WeWork and the peer-to-peer marketplace model of Airbnb.
Slide 8: Product Visualization
A full-bleed photo of a high-end, empty conference room with an "OUR MTG" sign on the table. This is intended to contrast with the crowded coffee shop photo in Slide 5, showing the "after" state of using the service: a clean, private, professional environment.
Slide 9: How It Works
This slide uses a simple three-step iconographic flow: 1. A smartphone showing a listing for a "Large Modern Conference Space" with a "BUY NOW" button. 2. An icon of a meeting in progress. 3. An icon of a hand holding a key labeled "SUCCESS." This confirms the platform is mobile-first and transaction-oriented.
Slide 10: OUR MTG Model
The business model is straightforward: "$100 per hour for space" and a "10% Starting Commission." It also mentions a YouTube component called "MTG Cribs" for marketing and revenue. This suggests a content-led growth strategy, though the specifics of how YouTube generates revenue for the core business are not detailed.
Slide 11: Market Opportunity
Using a standard TAM/SAM/SOM (Total Available Market, Serviceable Addressable Market, Serviceable Obtainable Market) visual, the company identifies:
60 Million Independent Worker Population (TAM) · 30 Million Population Meeting Addressable Market (SAM) · 4.8 Million OUR MTG Meetings Market Share (SOM)
The slide does not explain the methodology behind how they arrived at the 4.8 million figure.
Slide 12: Progress to Date
The timeline shows the company has moved through Idea Formation and Product Validation to a "Functional Website" (linking to a PageXL URL). The most critical data point is "Transactions Complete: 2" and "Revenue: $150." This indicates the company is in the very earliest stages of proof-of-concept. It also lists expansion targets: GVL, ATL, CLT, NSH (Greenville, Atlanta, Charlotte, Nashville).
Slide 13: The OUR MTG Team
The final slide introduces three founders: Morgan Kohlmeyer (Account Manager), Ryan Smith (Venture Capital Analyst), and Jessie Gallivan (Meeting Strategist). The team appears well-balanced for a marketplace startup, combining sales, finance/investment, and event logistics experience.
What Works
Clear Analogy: The use of "WeWork meets Airbnb" on slide 7 is the strongest part of the deck. It immediately clarifies the business model and the user experience without requiring a complex technical explanation.
Visual Contrast: The juxtaposition of the crowded coffee shop (slide 5) with the pristine, private conference room (slide 8) effectively communicates the value proposition of privacy and professionalism without using many words.
Specific Revenue Model: Unlike many early-stage decks that remain vague about monetization, slide 10 explicitly states the hourly rate and the commission percentage. This allows investors to quickly model the potential unit economics.
What is Missing
The Ask: The most significant omission is a funding slide. The deck does not state how much money the founders are looking to raise, what the valuation is, or how the funds will be allocated (e.g., hiring, marketing, tech development).
Competitive Landscape: There is no mention of competitors. In the flexible workspace market, competition includes established players like LiquidSpace, Breather, and Peerspace, as well as the coworking spaces themselves. Failing to acknowledge these competitors is a red flag for investors.
Unit Economics and CAC: While the revenue per transaction is stated, there is no information on Customer Acquisition Cost (CAC) or how they plan to supply the marketplace with inventory. A marketplace lives or dies by its ability to balance supply and demand efficiently.
Technology Roadmap: The deck mentions a "functional website" that appears to be a landing page builder (PageXL). There is no detail on the actual platform architecture, booking engine, or how they handle payments and security access for the spaces.
Founder Takeaways
Be Honest About Traction: The founders deserve credit for being transparent about their early numbers (2 transactions, $150 revenue). While small, it shows they have moved past the theoretical phase and have actually facilitated a commercial exchange.
Focus on a Niche: By targeting "privacy" and "security" rather than just "space," the founders have identified a specific segment of the remote work market that is underserved by open-plan coworking offices.
Geographic Focus: The expansion plan targeting specific Southeastern US cities (slide 12) suggests a sensible, phased rollout strategy rather than trying to go national immediately, which is often fatal for early-stage marketplaces.
Frequently asked questions
- What is the primary problem Our mtg is trying to solve?
- According to slides 2 and 3, the company is addressing the 'unpredictability of available space' and the 'lack of privacy/proper security' for the growing population of independent workers. They argue that while coworking is growing, existing solutions fail to provide the quiet, secure environments needed for professional meetings.
- How does Our mtg generate revenue?
- Slide 10 outlines a two-pronged approach: a 10% starting commission on meeting space rentals, which are priced at $100 per hour. Additionally, the slide mentions 'MTG Cribs' on YouTube as a source for marketing and potential revenue, though it does not specify how that content is monetized.
- What stage of development is the company in?
- The company is in the very early seed or pre-seed stage. Slide 12 shows they have moved past 'Idea Formation' and 'Product Validation' to a 'Functional Website' and have completed their first two transactions, generating $150 in revenue.
- Who are the founders of Our mtg?
- As shown on slide 13, the founding team consists of Morgan Kohlmeyer (Account Manager at WhistlePig Rye Whiskey), Ryan Smith (Venture Capital Analyst at VentureSouth), and Jessie Gallivan (Meeting Strategist at euphoria Greenville).
- What is the projected market share for the company?
- Slide 11 defines the 'OUR MTG Meetings Market Share' as 4.8 million, which is derived from a 'Population Meeting Addressable Market' of 30 million and a total independent worker population of 60 million.
