Please compose a pitch deck of eight to fifteen slides for my company, Cortado, based on the following outline:
\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Intro / Hook\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

My name is [ FNAME ], and over the last X months my partner and I took a real estate company from launch to more than $350,000 in revenue by leveraging new AI tools to target an $71 trillion niche housing market.

How have we taken Cortado to this point? We utilized a tried-and-true rental arbitrage model to target a deeply undersupplied housing market, while leveraging a suite of AI-powered tools to quickly scale our MVP; acquiring, marketing and managing all Cortado inventory without a single new hire.

- In 10 months, we’ve taken Cortado from $0 to $350,000 in revenue by leveraging low-cost AI tools to target a massive niche housing market: international student housing.

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Market Size\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

What is this niche market? International student housing, an undersupplied subset of the growing MTR market.

- 6+ million students per year (8m by 2025)
- 5.5% growth over the last 20 years, even through COVID (4.28% growth from 2019-2020)
- Total Available Market (TAM) of $71 trillion
 - $214 per week average ([source](https://drive.google.com/drive/u/0/folders/1cwVYQgmUBjj\_FjMlpHg4Ru01K7bRY\_Bq))
 - 6,361,963 international students in 2020 ([source](https://docs.google.com/spreadsheets/d/1ft1EJsDua-FjUPVw-gegaX5t6coQVYzz9ghe6wNGVZ8/edit#gid=1422332990))
 - TAM = ((weekly avg/7)\*365)\*#int’l students
 - Doesn’t include domestic exchange or additional MTR verticals (traveling nurses, digital nomads)

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Why target this market? (i.e. the problem)\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

So why international student housing? It’s a mouthful and, I’ll be the first to admit, “student housing” isn’t the sexiest market out there. And for that very reason, this niche housing market has flown under the radar of VCs, angel groups and other startups.

Imagine arriving in a new city for work or study; you need a move-in ready stay, yet you can’t afford a hotel and aren’t sure what the best (or even safe) neighborhoods are.

- The traditional rental long-term rental market can’t serve you; you’re only here for 3 or 4 months, and don’t have time to pick out furniture
 - Plus, you may not even have the credit score or guarantor needed to sign a lease
- Hotels & vacation rentals are way out of your price range
- Traditional student housing, if there is any, has already been snapped up by full-time students

As a result, you’re left between a sketchy Craigslist sublet halfway across town or crashing at a youth hostel until you can figure something better out (as founder Perry did while studying abroad in Barcelona).

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*So what’s the solution?\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

This market needs affordable, flexible, (trusted?) move-in ready housing near their place of work or study, often in the world’s toughest real estate markets.

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Cortado’s Model\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

Cortado’s model meets and exceeds these criteria, while generating outsized returns.

1. Partner with local homeowners to quickly source new inventory
2. Furnish and photograph the home in under 48 hours
3. Market the home by-the-room with tiered “smart pricing” to provide an affordable, community-centered living experience to our guests (and peace of mind to their parents and universities), while maintaining a target revenue occupancy of 90-95%

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*How profitable is this model? (traction)\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

To date, Cortado has generate over $350,000 in gross revenue, and returns of XX% across 9 rental properties in Washington, DC.

- Our new housing now comes almost exclusively from homeowner referrals, showing supply-side traction for our master lease model
- Demand, we were able to book all rooms for spring 2023 with $0 ad spend
- Summer 2022 we booked out within 10 days
- Programs such as Stanford, Atlantis, &c &c reach out to us on a regular basis (not enough rooms)

We project with just XX% of global market share, we could achieve an exit valuation of $XB

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*How do we scale operations?\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

The key with any rental arbitrage business is margins; keep costs low and revenue high while scaling quickly & sustainably. It’s a tricky balance to strike, and plenty of companies have burned to the ground trying to make it work.

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Increasing Margins\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\* - After base rent and furniture, our biggest expense moving forward will be people, marketing & software, costs that can be greatly reduced by leveraging and customizing AI tools just now hitting the market:

- 

\*\*How do we create value?\*\*

\*\*\*\*\*\*\*\*\*\*Brand\*\*\*\*\*\*\*\*\*\*

- Cortado has already achieved a first-mover effect in Washington, DC, one of the country’s most-competitive real estate markets
 - We can quickly replicate this in other domestic and especially foreign markets through B2B relationships and low-cost marketing outreach
 - Although the barrier to entry to this market is low, brand recognition is incredibly important with slow-moving academic institutions like Stanford or Brown

\*\*\*\*\*\*\*\*\*\*\*\*Real Estate\*\*\*\*\*\*\*\*\*\*\*\*

- Blended model coupling master lease / management with ownership of the best-performing underlying assets
- Alternative asset investing would allow Cortado to source new, unique inventory without the financial risk of traditional real estate acquisitions.
 - Maintaining partial ownership drives higher exit valuation
 - Returns of X% over typical rental

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Technology\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

- Whether we sell the tech ourselves, or factor its worth into an eventual acquisition, Cortado’s proprietary AI PMS pushes an exit valuation from 2-3X towards the 10X+ range

\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Use of Funds\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*

- Notes

\*\*\*\*\*\*\*\*\*\*\*\*\*\*The Ask\*\*\*\*\*\*\*\*\*\*\*\*\*\*

- Post-money SAFE with…
 - Discount of X%
 - Valuation Cap of $XX
- Goal of raising $XX in pre-seed funds
임대 다음 개요에 따라 8~15개의 슬라이드로 구성된 제 회사 Cortado의 피치 덱을 작성합니다:\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Intro / Hook\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*제 이름은 [ FNAME ]이며, 지난 X개월 동안 제 파트너와 저는 71조 달러 규모의 틈새 주택 시장을 공략하기 위해 새로운 AI 도구를 활용하여 부동산 회사를 설립하여 35만 달러 이상의 수익을 올렸습니다.어떻게 코르타도가 여기까지 올 수 있었나요? 우리는 공급이 부족한 주택 시장을 공략하기 위해 검증된 임대 차익거래 모델을 활용하는 한편, AI 기반 도구 모음을 활용하여 MVP를 빠르게 확장하고 신규 직원 한 명 없이 모든 Cortado 인벤토리를 인수, 마케팅 및 관리했습니다.- 10개월 만에 Cortado는 저비용 AI 도구를 활용하여 대규모 틈새 주택 시장인 유학생 주택을 공략함으로써 매출 0달러에서 35만 달러로 성장했습니다.\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Market Size\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*이 틈새 시장은 무엇인가요? 성장하는 MTR 시장에서 공급이 부족한 부분인 유학생 숙소입니다.- 연간 600만 명 이상의 학생(2025년까지 800만 명)- 지난 20년간 5.5% 성장, 코로나19에도 불구하고 4.28% 성장(2019~2020년 4.28% 성장)- 71조 달러의 총 가용 시장(TAM) - 주당 평균 $214 ([출처](https://drive.google.com/drive/u/0/folders/1cwVYQgmUBjj\_FjMlpHg4Ru01K7bRY\_Bq)) - 2020년 유학생 수 6,361,963명 ([출처](https://docs.google.com/spreadsheets/d/1ft1EJsDua-FjUPVw-gegaX5t6coQVYzz9ghe6wNGVZ8/edit#gid=1422332990)) - TAM = ((주간 평균/7)\*365)\*#국제 학생 수 - 국내 교환학생 또는 추가 MTR 업종(여행 간호사, 디지털 노마드)은 포함되지 않음\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Why target this market? (i.e. the problem)\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*왜 유학생 기숙사인가요? 입이 떡 벌어지는 말이지만, "학생 숙소"가 가장 섹시한 시장은 아니라는 것을 인정합니다. 바로 이런 이유로 이 틈새 주택 시장은 벤처캐피털, 엔젤 그룹 및 기타 스타트업의 레이더망에 포착되지 않았습니다.직장이나 학업을 위해 새로운 도시에 도착했는데 입주할 숙소가 필요하지만 호텔을 구할 여유가 없고 어떤 지역이 가장 좋은지(또는 안전한지) 잘 모른다고 상상해 보십시오.- 기존 장기 임대 시장에서는 3~4개월만 거주할 예정이고 가구를 고를 시간이 없는 경우. - 게다가 임대 계약에 필요한 신용점수나 보증인이 없을 수도 있습니다.- 호텔 및 휴가용 임대 숙소는 가격대가 너무 비쌉니다.- 기존의 학생 숙소는 이미 풀타임 학생들에 의해 점령당했습니다.그 결과, 창업자 페리가 바르셀로나에서 유학하던 시절에 그랬던 것처럼 더 나은 숙소를 찾을 때까지 도시 한복판의 허름한 크레이그리스트 전셋집을 구하거나 유스호스텔에서 지내야 하는 상황에 처하게 됩니다.\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*So what’s the solution? \*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*이 시장은 세계에서 가장 어려운 부동산 시장에서 직장이나 학교 근처에 저렴하고 유연하며 (신뢰할 수 있는?) 입주 준비가 완료된 주택을 필요로 합니다.\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Cortado’s Model\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*Cortado의 모델은 이러한 기준을 충족하고 초과하는 동시에 엄청난 수익을 창출합니다.1. 지역 주택 소유자와 협력하여 새로운 재고를 신속하게 조달합니다.2. 48시간 이내에 집을 꾸미고 사진을 찍습니다.3. 90-95%의 목표 점유율을 유지하면서 게스트에게 합리적인 가격의 커뮤니티 중심 생활 경험을 제공하고, 부모와 대학에 안심할 수 있도록 단계별 '스마트 가격 책정'을 통해 방 단위로 숙소를 마케팅합니다.\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*How profitable is this model? (traction)\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*현재까지 Cortado는 워싱턴 DC의 9개 임대 부동산에서 총 수익 35만 달러 이상, 수익률 XX%를 달성했습니다.- 현재 우리의 새로운 주택은 거의 전적으로 주택 소유자의 추천을 통해 공급되고 있으며, 이는 마스터리스 모델에 대한 공급 측면의 견인력을 보여줍니다.- 수요에 힘입어 2023년 봄에 광고비 0달러로 모든 객실을 예약할 수 있었습니다.- 2022년 여름, 10일 만에 예약 완료- 스탠포드, 아틀란티스 등의 프로그램에서 정기적으로 에어비앤비에 문의(객실 부족)글로벌 시장 점유율이 XX%에 불과할 경우, $XB의 엑시트 밸류에이션을 달성할 수 있을 것으로 예상합니다.\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*운영을 어떻게 확장할 수 있나요?