Memory Streams, Inc.
Memory Streams is a simple way for anyone to record, organize and share memories online. Memory Streams lets you keep track of the important things in your life. It lets you marry photos and other media with meaningful notes for a long-standing personal history.
Creating lasting memories of your kids or vacations is hard to do. People take loads of photos but they can’t be combined with comments to make it easy to remember where and when the photos were taken. Scrapbooks are expensive and time-consuming.
Sharing on Facebook or other social media sites is fun but the Timeline feature becomes randomized over time. Everything from the cause you support to your son’s prom photos appear in your Timeline. And we all fear Facebook is just too public.
Memory Streams is an innovative new software application that lets anyone create a cutting-edge chronicle of life. A Memory Stream itself is a sleek new concept that shows your notes and photos together in an entirely new way. Mothers can jot down notes about a new baby, add photos and videos, then share that Memory Stream with family. College students use Memory Streams to keep track of their classes and upload their papers and projects to recall forever. Trainers and designers document their clients’ information recalling it out of the cloud instead of locked in a file in their office. Travelers use Memory Streams to create multimedia trip journals. Seniors write their memoirs for their family to cherish.
MemoryStreams.com serves the needs of a variety of relatively savvy computer users. It includes mothers, seniors, travelers, college students or anyone with clients. Collectors of fine wines may like to catalog their wine. Travelers can document trips and share their Memory Stream with folks back home. Anyone can remember the details of their purchases, keep track of the facts in an auto accident, or monitor their exercise and weight loss. Movie buffs or foodies can track and remember their favorites.
Memory Streams is database-driven and has been tested on all leading browsers. The data is cloud-based but secure so users can access their information from anywhere. There are immediate plans to develop a multi-platform app upon funding.
Market and Competition
The market for software that makes sense of the massive quantities of the details of life is developing. Several products have taken a stab at managing memories with little success. Capzuls shows a photo collection. Save my Memories focuses on organizing photos.
Evernote rounds up details for users such as reciepts and interesting websites. About One is a similar product. EverLater helps travelers document their trips.
Chattertree describes itself as a safe, private family room where all members of a family can communicate without security concerns. Penzu seeks to replicate pen and paper for online diary-keeping.
Memory Streams is the perfect solution for a detailed and complex life. It lets the user decide how to organize their memories, topic by topic. Writers might use it in one way; mothers another. It allows for a thoughtful and meaningful record of one’s life that’s private yet shareable. Memory Streams is a database so searching is easy.
Aggressive Growth Stategy
Memory Streams is adding users at solid pace and is implementing an aggressive marketing strategy. The business model uses an ad-based freemium model to drive growth. Several additional monitzation models are being developed including app and book sales, corporate partnerships and enterprise support.
This information is included in another document.
Management and Board
• Leigh Haubach, Founder/CEO (Thomson Electronics, Digital Equipment Corporation)
• Payam Manavi, Co-Founder/CTO (Qualcomm, Sun Microsystems)
• Headquartered in San Diego, CA – Memory Streams, Inc.
• Founded in 2007
• Website: www.memorystreams.com
• Current employee count: 2
• Fresh, new concept that solves an unmet need with an innovative timeline and Stream
• No direct competitors
• Privacy and security emphasized along with shareability
• In Beta with working product, adding users everyday (www.memorystreams.com)
Funding Stage and Amount
• Founder Leigh Haubach has provided $150,000 seed funding
• Seeking $2- $5 Million in growth equity
Use of Proceeds
• Sales & Marketing
• Continued development of product including a smartphone app
• Reimbursement of partner’s loan/debt
• Working Capital