about a year Before that, I demolished the Me Tiro stadium viewing stand, which was founded by Robert Law. Guess who’s back with another company? Law raised $1.5 million for it humming From the family office in Hong Kong.
In general, I would be skeptical of a founder raising money for a second startup less than a year after securing funding for another. I’m curious to see how this is addressed in the Tanbii group.
As for Mi Tero? It’s still going strong: “Mi Terro is doing amazingly well. We’ve gained a ton of interest and plan to raise another round later this year,” Loh told me in an email.
Of course, this puts me in an interesting position: I have to look at what I said could be improved on Mi Terro’s presentation (market size, traction, lack of competition segment) last year and see how successfully the founder addressed these issues for his new company.
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Slides in this surface
- Slide cover
- Slice the problem
- solution slide
- Product segment “Web 5.0 Metaverse”
- Value proposition slide
- How does the chip work?
- How Tanbii connects the virtual and real slide
- Product features slide
- Target audience segment
- Future Vision Slide (“Personal Carbon Credits”)
- Market size (TAM/SAM/SOM)
- Partnership segment
- Competitive landscape slide
- Go to market segment (“University Ambassador Program”)
- Roadmap and business model slide
- Team slide
- Advisory Board
- Contact and slide closure
Three things you love
Right off the bat, I would love for the company founder to stay in the same industry (carbon reduction) as his previous company. This makes it easier to accept the narrative that while building one company, he saw an opportunity for another.
Bold problem statement
On Slide 2, the company comes out of the gate with an obvious problem: consumer carbon emissions.
[Slide 2] problem slide. Image credits: hum
Tanby assumes that people care about their personal carbon dioxide emissions, and this seems not a bad decision: A major survey and research study from Yale University It shows that 65% of people believe that citizens should do more to address global warming. On the other hand, only 35% of respondents discuss global warming from time to time. The survey did not ask whether people are struggling to find ways to make an impact.
Most people agree that reducing carbon dioxide is a good idea, although many of us seem to feel very helpless, which is the issue Tanby raises.
Hell Advisory Board
![](https://techcrunch.com/wp-content/uploads/2023/08/0017.jpg)
[Slide 17] This is advisory board hell. Image credits: hum
In the last content slide, Tanbii drops a bombshell: She has an amazing advisory board full of people who seem very connected to the company’s mission and overall vision.
I’m often very skeptical of advisory boards, and if I’m thinking about investing, I’ll pick up the phone and call some of these people to see how close they are to working with Tanbii. I’m not saying that’s the case here, but I’ve often had reference calls with advisory board members who said, “Wait, who?” They have no idea who the founder is or what the company does. So, if you put someone on a slide, make sure they know they’re ready to take a call without warning.
A quick search on LinkedIn shows that Bulteel mentioned being an advisor to Mi Terro, but none of the other advisors have announced an affiliation with Tanbii. I also discovered that there are a bunch of little errors in this slide: “Davids” should be “David” and “Warshauser” should be “Warshauer”. The next step will definitely be a call or two to find out what’s going on here.
Assuming all is well, yes, this is one hell of an advisory board.
Hello competitors
It saddened the founder that there was no competing segment in the previous group. Fortunately, the Tanbii collection has one!
![](https://techcrunch.com/wp-content/uploads/2023/08/0013.jpg)
[Slide 13] competitors! Image credits: Tunby
There is no shortage of carbon management platforms, and a good and useful comparison between them is the table stakes for a group like this. I’ll definitely give Tanbii some side eye for using “Web5” as a feature, but I love a good comparison chart and this one is easy to read and understand. It’s a good way to communicate what’s happening in your market.
In the remainder of this teardown, we’ll take a look at three things Tanbii could have improved or done differently, along with its full presentation!