Imagine if you felt as inspired by corporate training as you did from a TED talk.
Boma, led by the team responsible for scaling TEDx and Singularity University, is a global network that is disrupting corporate training through powerful curriculum based on the insights from the world’s leading thinkers and doers. All with the mission of creating a more sustainable future.
Recently, I caught up with Lara Stein to find out more. For supportive analytics, historical information, risks, target cash flows and returns, you can visit their Investor Presentation on their site.
Tony: How many companies have engaged the Boma team so far for corporate training services?
Lara: Over 20, including CapGemini, Engie, BNP, Telekom AG, Deutsche Bahn AG, and Christchurch International Airport
Tony: How much revenue has the team generated so far?
Lara: $2-$3 million in yearly revenue out of three countries
Tony: What are your expansion plans for Boma?
Lara: We began with operations in three countries (Germany, France, and New Zealand) and have added six more, with plans for future expansion to 30 countries within three years. With expansion growing revenues and margins are expected by Boma, with 45% margins on $130 million of network revenue expected in five years. I’m happy to share detailed financial model with assumptions and scenario analysis functionality upon request.
Tony: Who is on the Boma team?
Lara: The Boma team consists of proven leaders in experiential learning and community building.
Tony: Tell me about Boma’s market positioning.
Lara: The industry is ready for a disrupter, with only 4% of CEOs seeing a ROI from their training programs, while 90% of CEOs recognize better training programs as opportunities. Our ability to source, identify, curate and scale the world’s best thinkers, doers, ideas and innovations, and introduce them into organizations, positions Boma to be the leader in training content development and delivery.
Tony: What else do I need to know if I am considering investing in Boma?
Lara: We plan to use additional funds for Curriculum Development, Platform Development, Experience Design Development, Quality Control/Evaluation Methodology, Strategy Rollout, Growth of Global Network, and Marketing.
Tony: Finally, Lara, tell me about the upcoming training programs.
Lara: Hybrid summits have attracted staggering numbers of viewers, including almost 1 million viewers on their latest summit based in China, which was attended by decision-making groups from Chongqing government. Upcoming, we have:
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