Sia

The Collaborative Cloud

Airbnb for Storage

Supply

+ Home Enthusiasts

+ Idle Enterprise Storage

+ Dedicated Datacenters

+ Low Barrier to Entry

Demand

Data Archiving +

Personal/Private Data +

Remote Databases +

Enterprise Grade +

Comparable to Amazon S3 +

Reliable

+ M-of-N erasure coding to protect data

+ High reliability even when nodes are unreliable

+ Unreliable nodes don't get paid

Private

+ All data is padded and encrypted

+ Different keys used for each piece of the file

+ Checksums prevent tampering

Fast

+ Transfer file with high parallelism

+ Prioritize nearby hosts to optimize latency

+ JIT buffering to provide a smooth streaming experience

Competitive Prices

+ Storage as low as $2 / TB / Mo

+ Highly-Redundant Storage for $5 / TB / Mo

+ Real-time access at all price levels

+ Price is set by a free market. Real-time competition between hosts will perpetually drive prices to the lowest profitable volume

+ The wealth of idle storage contributes to low costs

Today

+ Fully Functioning Storage Network

+ Huge Set of Ready-to-Go Suppliers

+ 5 months of beta-testing

+ Entering production as a backup service

Today - Comparison

Sia

$3 / TB / Mo

10-100 mbps

Free to download data*

Amazon S3

$27 / TB / Mo

10-100 mbps

$50+ / TB

2017 - Comparison

Sia

$1 / TB / Mo

500-5000 mbps

$3 / TB to download

Amazon S3

$15 / TB / Mo

20-200 mbps

$25+ / TB to download

Revenue Model

+ % of all storage + bandwidth purchased

+ support contracting

+ auxiliary services

Market Size

+ Sia is poised to become the primary player in cloud storage

+ $60 billion market by 2020

+ Potential Revenue: $1-10bn annually

History

+ Raise $375,000 in June, 2014

+ Goals: build a working platform that supports both buying and selling cloud storage

+ Goals: Achieved

Founders

David Vorick - Technical

Luke Champine - Technical

Employees

Full Time

+ Jordan Horwich - Technical

+ Jinlan Wang - Non-technical

Part Time

Ming Luo  +

Aaron Gunderson  +

John Drogo  +

Manas George  +

Blocktive +

SomeoneAndSons +

Roadmap - Humans

• 5 Engineers
• 2 Enterprise Relations
• 1 Company Image + Design

Roadmap - Other Costs

• Office Space
• Legal
• Contracting
• Misc

No hardware costs - hardware is provided through the marketplace, and not by the company directly

Roadmap - Milestones

• Multiple Fully-Deployed Enterprise Customers

Ask

We are raising 1.5 - 1.8 million dollars

18-24 months of runway