Wattpad is the world’s largest community for discovering and sharing stories. With thousands of new stories added every day, it is the only place that offers a truly social, and entirely mobile reading experience for free. Wattpad serves over 15 million people a month and with over 20 million stories uploaded. Come and hear Allen tell the Wattpad story.
We believe in the power of learning from entrepreneurs to help you succeed. “Lived It Lectures” offer unparalleled access to successful entrepreneurs to hear first-hand and ask questions about the experience of building an innovative startup from founders who have seen it and done it.
Lived It Lecture with Allen Lau of Wattpad - Entrepreneurship 101 (2013/2014)
1.
2.
3. Last month people spent
over 5 billion minutes on Wattpad
(that’s
in
the
same
ballpark
as
Pinterest)
Enrich
Lives
Through
Stories
4. WHAT IS WATTPAD
The largest community for
reading and sharing stories
It’s
a
new
form
of
entertainment
Enrich
Lives
Through
Stories
5. OUR VISION
A new reading and writing experience that enables
the creation of personal connections
and billions of new stories.
Together with the crowd we will enable
the future of storytelling.
Enrich
Lives
Through
Stories
6.
Video
Images
Audio
News
Blog
Interest
based
social
media
Enrich
Lives
Through
Stories
Stories
7. OUR NUMBERS
5.2
billion
minutes
per
month
24M
monthly
unique
users
75
minutes
/
DAU
mobile
3M
monthly
uploads,
35M
total
uploads
30M
monthly
comments/messages
Top
ranked
eReading
app
in
all
major
app
stores
globally
Monthly
Time
Spent
(Million
Minutes)
Monthly
Unique
Visitors
Android
iOS
10
Desktop
Oct-‐13
Jul-‐13
Apr-‐13
Jan-‐13
0
Oct-‐12
5
Jul-‐12
Enrich
Lives
Through
Stories
Oct-‐13
Jul-‐13
Apr-‐13
Jan-‐13
Oct-‐12
Jul-‐12
Desktop
15
Apr-‐12
iOS
20
Jan-‐12
Android
Users
in
Millions
25
Apr-‐12
5500
5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
Jan-‐12
•
•
•
•
•
•
8. WHAT I LEARNED ….
1. It
takes
a
loooooong
Ome
to
build
a
company
2. Perseverance
3. Build
a
company
with
a
purpose
Enrich
Lives
Through
Stories
18. Spring 2008
We
did
freelance
consulOng
on
the
side
to
keep
us
going.
But
we
also
declined
a
few
projects.
Enrich
Lives
Through
Stories
19. September 2008
•
•
•
•
•
FeedM8
was
acquired!
A
week
later,
Lehman
Brothers
collapsed
App
Store
launched
in
July
T-‐Mobile
G1
Android
phone
was
announced
Meanwhile,
look
at
a
snapshot
of
our
traffic
at
that
Ome!
Enrich
Lives
Through
Stories
20. Spring 2009
•
•
•
•
Launched
on
the
App
Store
&
BlackBerry
App
World
Renamed
to
“100,000
Free
Books
–
WaRpad”
RIM
pulled
our
app
within
days
Started
to
work
on
filter
for
copyright
infringing
material
Enrich
Lives
Through
Stories
21. May 2009
Print
Books
Are
Target
of
Pirates
on
the
Web
“An
expanding
appeOte
for
e-‐
books
has
spawned
a
bumper
crop
of
pirated
ediOons
on
Web
sites
like
Scribd
and
WaRpad”
“Sites
like
Scribd
and
WaRpad,
which
invite
users
to
upload
documents
like
college
theses
and
self-‐published
novels,
have
been
the
target
of
industry
grumbling
in
recent
weeks”
Enrich
Lives
Through
Stories
22. June 2009
• Filter
launched
with
help
from
Random
House,
Penguin,
HacheRe
etc.
• Meanwhile,
we
ported
our
Java
app
to
Android
• Monthly
new
story
uploads
jumped
to
10,000
Enrich
Lives
Through
Stories
23. Summer 2009
“Allen,
thank
you
for
bringing
the
wriRen
word
to
my
country.
We
have
no
access
to
bookstores.
Even
if
we
did,
we
wouldn’t
have
money
to
buy
books.
I
am
grateful
for
what
you
have
done
for
us.”
Enrich
Lives
Through
Stories
25. January 2010
“Ten
years
ago
I
couldn’t
even
get
my
daughters
to
pick
up
a
book
never
mind
read
one.
Now
not
only
are
they
actually
reading
books
but
wriOng
them
…
goRa
love
it!!”
Enrich
Lives
Through
Stories
30. “Basic
reading
skills
can
lif
millions
out
of
poverty”
United
NaOons
Enrich
Lives
Through
Stories
31.
Thank
You!
Allen Lau CEO and co-founder
wattpad.com/allenlau
@allenlau
P.S. We are hiring :-)
Funded by:
Union Square Ventures
Khosla Ventures
OMERS Ventures
Golden Venture Partners
Version One Ventures
Jerry Yang
Enrich
Lives
Through
Stories