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Here's the pitch deck Trumid, a Wall Street trading startup backed by George Soros and Peter Thiel, used to raise $53 millionhttps://www.businessinsider.in/miscellaneous/heres-the-pitch-deck-trumid-a-wall-street-trading-startup-backed-by-george-soros-and-peter-thiel-used-to-raise-53-million/slidelist/68210025.cms2019-03-01T01:55:17+05:30

Here's the pitch deck Trumid, a Wall Street trading startup backed by George Soros and Peter Thiel, used to raise $53 million

Mar 1, 2019, 01:55 IST

Here, Trumid explains how it fits into the market.

An overview of how the corporate bond market is changing and why that presents an opportunity for electronic venues like Trumid.

A rundown of Trumid's user base, which looks like it has grown substantially since 2015. By yearend 2018, the company had over 400 users.

Trumid boasts about its tech prowess.

In this slide, Trumid discusses its trading venue, which tries to mirror the way that bond traders work on other platforms. It also includes artificial-intelligence techniques.

A rundown of how 2017 went.

And the outlook for 2018. A reminder that this deck was prepared in April 2018.

All sorts of numbers going in the right direction.

Trumid describes its flywheel effects, where more daily trades lead to better user engagement which leads to more orders and more trades.

This slide shows how Trumid's growth looks to be picking up steam.

Here, Trumid says it expects annualized net revenue to go from $8 million in February 2018 to $121 million in 2022.

This slide shows how Trumid's enterprise value may increase to $3.1 billion on net revenue of $163 million in an environment where at least 40% of corporate bonds trade electronically.

A nice chart showing the areas where Trumid sees future growth.

Emerging market debt gets a special call out, with Trumid expecting a 1% market share within the first two years.

One of the key promises of electronic trading is the amount of data it produces and the ability to deliver analytics that can come up with new insights.

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