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Mission: To build a social networking destination that allows high
  thecollegenitelife.com:
                                             school juniors and seniors, college students, alumni and graduates as
  Advisory Board Chair: Tom Grech
                                             well as long-distance learners to know, participate and enjoy the
  Technology: Kyle O’Connor
                                             complete social experience that both on and off campus college and
  Finance: Brad Kerr
                                             university life offers.
  Marketing: Joe O’Brien

  Industry: social networking                Business Description: thecollegenitelife.com is a website designed for
                                             reviewing and rating college social life. Other websites review and rate
  Number of Employees: 5                     college standings based on academic criteria; TCNL is the first to
                                             provide students information about entertainment, food, bars, clubs, the
  Financing Sought:                          social scene and college life in general. TCNL is unique because the
  $1.5mm                                     information is provided by students, for students. Our user interface
                                             allows students and alumni to leave personal reviews and feedback on
  Use of Funds: Revamp                       social life at colleges and universities nationwide. Current and
  website, product/service                   prospective students can make choices on where to attend school and
  development, marketing/sales and           what to do while enrolled there or visiting. TCNL receives
  professional services expenses             approximately 3,500 unique hits per day on average.

  Current investors:
  Friends and family                         Company Background: Established in 2005 by three University of
                                             Scranton students and their friends, TCNL begin life in a dorm room.
  Contact:                                   TCNL has been successful in attracting and retaining visitors because
  Tom Grech                                  of the valuable information on the social environment at colleges and
  917-865-2699                               universities throughout the US. Unlike any other college-student based
                                             website, TCNL offers reviews, opinions and ratings on specific colleges
                                             and the activities, even before a student ever sets foot on campus.
                                             _________________________________________________________
                                             Products/Services: Reviews and ratings on restaurants, clubs, bars,
                                             bookstores, social activities for college students. Reviews are
                                             unvarnished and actual reviews written by users and bloggers who
                                             want to critique the social scene. This site is not a “where to party”
                                             guide. Rather, it is a web-based information tool that allows
                                             prospective and current students alike the ability to know the true
                                             social scene at a particular college.

Markets: Every college and university in the US. TCNL is targeted to males and females, ages 17-28. We look at
each and every unique college and university as a separate source for generating advertising revenue. Further
expansion to international students in the US and international schools seeking US students as well as partnering
with colleges and universities seeking to maximize enrollment is part of our future expansion plan.
_____________________________________________________________________________________________
Distribution Channels: Generate revenue through advertising sales on both a national and local level. Support
promotional and branded events, design and provide campus premiums. Seek national advertising partners for co-
branding initiatives; local/grass root advertising to foster local college buzz on-campus and off.

Competition: campusdirt.com, collegeprowler.com, collegeconfidential.com, teenink.com, juicycampus.com
These competitors offer a review of a broad range of college life. There is not a strong focus on nightlife and the
social scene. TCNL is unique because of our strong focus on the social nature of college and university life.


Financial Projections:
                         FY 2009                FY 2010                  FY 2011                 FY 2012
 Proj. Revenue           $75,000                $750,000                 $1,250,000              $3,750,000
 Proj. Expenditures      $500,000               $900,000                 $1,000,000              $3,000,000
Students Use Blogs to Cut Through Fog, Find Right College
By ANDREA ALEXANDER, STAFF WRITER ; The Record March 4th, 2007

Beyond the glossy college brochure there is a less scripted way to learn about your school of choice. College
admissions, meet the blog.

The presence of Web logs and online community forums is growing on the Internet. They can
be used to supplement information available to high school students and their parents trying
to navigate the complicated choice of finding a school.

Many are outside the control of colleges and universities. But some schools are also jumping on the bandwagon.
Montclair and Drew universities, among others, feature student bloggers on their Web sites to give a candid look at
campus life.

Among the non-school-sanctioned sites, there is a blog on college night life (thecollegenitelife.com/new/index.php)
that talks about parties at William Paterson University. They are practically non- existent, according to students
who post on the site.

A former Dartmouth University admissions counselor started a blog (gettingin.wordpress.com) to debunk myths
about getting accepted at top schools.

Blogs on the Drew University site have received more than 1,000 hits since they were launched, said Mary Beth
Carey, the school's dean of admissions and financial assistance. Recruiters are finding there is a greater response
to electronic initiatives than direct mail.

quot;Students are using the Internet more than they are reading what they get in the mail,quot; Carey said.

quot;They are so much more sophisticated and savvy,quot; she said. quot;We had to shift our initiatives to be responsive to
prospective students.quot;

Sometimes, the information found on blogs can steer students in a different direction during their college search.
Marissa Kluger, 18, of Wayne, turned to the blog site livejournal.com after she was deferred from Sarah Lawrence
College to find out more. She found a blog from Sarah Lawrence students and decided the school was not a good
choice for her.

quot;I think it is important to hear from students who attend the school, not just admissions officers,quot; said Kluger, now
a freshman at Goucher College in Baltimore, Md.

On the blogs students quot;tell you how it is,quot; she said. quot;They don't sugar-coat it.quot;

More than 60 percent of the high school class of 2007 would prefer to find out information about colleges and
universities from student and faculty blogs, according to a study from the National Research Center for College and
University Admissions.

As a result, colleges and universities are moving toward using more electronic communication for admissions and
some are even including instant message addresses on business cards, said Larry Erenberger, senior vice president
for the research center.

Ted Johnsen, 22, a senior at Drew, was invited to blog last year on the university's Web site while he studied
abroad in London. Johnsen said he feels free to be honest on the blog. But he admits if he had a serious problem
with something going on at school, it probably wouldn't make the Web.

But Johnsen believes he can give prospective students a more accurate view of the university than he was able to
find.

quot;I looked at a lot of schools and the only things that were available were the college-issued pamphlets where the
students were like: 'I love this place,' quot; Johnsen said. It was scripted. This is the unscripted stuff that I think people
can relate to better.quot;

In a recent blog entry, Johnsen posted a homemade video on taco day in the school cafeteria,

Through videos and the blogs quot;I think we are able to better represent what Drew is,quot; Johnsen said. quot;It is more real
than the college propaganda they put out.” As an admissions counselor, Carey cautions parents and students to
verify the information they find on independent blogs.

quot;I think we are headed into a Catch-22,quot; Carey said. quot;There is an endless source of information out there, but it
can be very confusing or overwhelming. Students should use it, but they should also follow up with the college they
are interested in to get more accurate information specific to that institution.quot;

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Executive Summary Tcnl. May.2008

  • 1. Mission: To build a social networking destination that allows high thecollegenitelife.com: school juniors and seniors, college students, alumni and graduates as Advisory Board Chair: Tom Grech well as long-distance learners to know, participate and enjoy the Technology: Kyle O’Connor complete social experience that both on and off campus college and Finance: Brad Kerr university life offers. Marketing: Joe O’Brien Industry: social networking Business Description: thecollegenitelife.com is a website designed for reviewing and rating college social life. Other websites review and rate Number of Employees: 5 college standings based on academic criteria; TCNL is the first to provide students information about entertainment, food, bars, clubs, the Financing Sought: social scene and college life in general. TCNL is unique because the $1.5mm information is provided by students, for students. Our user interface allows students and alumni to leave personal reviews and feedback on Use of Funds: Revamp social life at colleges and universities nationwide. Current and website, product/service prospective students can make choices on where to attend school and development, marketing/sales and what to do while enrolled there or visiting. TCNL receives professional services expenses approximately 3,500 unique hits per day on average. Current investors: Friends and family Company Background: Established in 2005 by three University of Scranton students and their friends, TCNL begin life in a dorm room. Contact: TCNL has been successful in attracting and retaining visitors because Tom Grech of the valuable information on the social environment at colleges and 917-865-2699 universities throughout the US. Unlike any other college-student based website, TCNL offers reviews, opinions and ratings on specific colleges and the activities, even before a student ever sets foot on campus. _________________________________________________________ Products/Services: Reviews and ratings on restaurants, clubs, bars, bookstores, social activities for college students. Reviews are unvarnished and actual reviews written by users and bloggers who want to critique the social scene. This site is not a “where to party” guide. Rather, it is a web-based information tool that allows prospective and current students alike the ability to know the true social scene at a particular college. Markets: Every college and university in the US. TCNL is targeted to males and females, ages 17-28. We look at each and every unique college and university as a separate source for generating advertising revenue. Further expansion to international students in the US and international schools seeking US students as well as partnering with colleges and universities seeking to maximize enrollment is part of our future expansion plan. _____________________________________________________________________________________________ Distribution Channels: Generate revenue through advertising sales on both a national and local level. Support promotional and branded events, design and provide campus premiums. Seek national advertising partners for co- branding initiatives; local/grass root advertising to foster local college buzz on-campus and off. Competition: campusdirt.com, collegeprowler.com, collegeconfidential.com, teenink.com, juicycampus.com These competitors offer a review of a broad range of college life. There is not a strong focus on nightlife and the social scene. TCNL is unique because of our strong focus on the social nature of college and university life. Financial Projections: FY 2009 FY 2010 FY 2011 FY 2012 Proj. Revenue $75,000 $750,000 $1,250,000 $3,750,000 Proj. Expenditures $500,000 $900,000 $1,000,000 $3,000,000
  • 2. Students Use Blogs to Cut Through Fog, Find Right College By ANDREA ALEXANDER, STAFF WRITER ; The Record March 4th, 2007 Beyond the glossy college brochure there is a less scripted way to learn about your school of choice. College admissions, meet the blog. The presence of Web logs and online community forums is growing on the Internet. They can be used to supplement information available to high school students and their parents trying to navigate the complicated choice of finding a school. Many are outside the control of colleges and universities. But some schools are also jumping on the bandwagon. Montclair and Drew universities, among others, feature student bloggers on their Web sites to give a candid look at campus life. Among the non-school-sanctioned sites, there is a blog on college night life (thecollegenitelife.com/new/index.php) that talks about parties at William Paterson University. They are practically non- existent, according to students who post on the site. A former Dartmouth University admissions counselor started a blog (gettingin.wordpress.com) to debunk myths about getting accepted at top schools. Blogs on the Drew University site have received more than 1,000 hits since they were launched, said Mary Beth Carey, the school's dean of admissions and financial assistance. Recruiters are finding there is a greater response to electronic initiatives than direct mail. quot;Students are using the Internet more than they are reading what they get in the mail,quot; Carey said. quot;They are so much more sophisticated and savvy,quot; she said. quot;We had to shift our initiatives to be responsive to prospective students.quot; Sometimes, the information found on blogs can steer students in a different direction during their college search. Marissa Kluger, 18, of Wayne, turned to the blog site livejournal.com after she was deferred from Sarah Lawrence College to find out more. She found a blog from Sarah Lawrence students and decided the school was not a good choice for her. quot;I think it is important to hear from students who attend the school, not just admissions officers,quot; said Kluger, now a freshman at Goucher College in Baltimore, Md. On the blogs students quot;tell you how it is,quot; she said. quot;They don't sugar-coat it.quot; More than 60 percent of the high school class of 2007 would prefer to find out information about colleges and universities from student and faculty blogs, according to a study from the National Research Center for College and University Admissions. As a result, colleges and universities are moving toward using more electronic communication for admissions and some are even including instant message addresses on business cards, said Larry Erenberger, senior vice president for the research center. Ted Johnsen, 22, a senior at Drew, was invited to blog last year on the university's Web site while he studied abroad in London. Johnsen said he feels free to be honest on the blog. But he admits if he had a serious problem with something going on at school, it probably wouldn't make the Web. But Johnsen believes he can give prospective students a more accurate view of the university than he was able to find. quot;I looked at a lot of schools and the only things that were available were the college-issued pamphlets where the students were like: 'I love this place,' quot; Johnsen said. It was scripted. This is the unscripted stuff that I think people can relate to better.quot; In a recent blog entry, Johnsen posted a homemade video on taco day in the school cafeteria, Through videos and the blogs quot;I think we are able to better represent what Drew is,quot; Johnsen said. quot;It is more real than the college propaganda they put out.” As an admissions counselor, Carey cautions parents and students to verify the information they find on independent blogs. quot;I think we are headed into a Catch-22,quot; Carey said. quot;There is an endless source of information out there, but it can be very confusing or overwhelming. Students should use it, but they should also follow up with the college they are interested in to get more accurate information specific to that institution.quot;