Investor Presentation — March 2026

LINX

Where your experience is your asset.

Stein Retzlaff, Founder

The Founder

10+ Years Building the Network

2016

HBO Ice on Fire — first expedition film in Arctic, produced by Leonardo DiCaprio

2018

"How to Change the World with Social Media" — consultants for Sea Legacy / National Geographic

2020

First yacht-based heli-skiing in Antarctica with EYOS

2021

Intrepid Film Festival created

2024

Helps launch 14 new experiences on all seven continents in one year, including another world’s first

2025

Winner of Hulu’s show "Got to Get Out"

2026

Stein Studios has filmed more people skiing in Antarctica than anyone on the planet

Jan 2026

LINX officially a C-Corp

Expeditions

Continents

Arctic & Antarctic Trips

Featured in

The Problem

The Friction of Discovery

Traffic vs. Identity

When travelers look at Google, they find themselves searching for reviews by real people.

Choice Fatigue

38 websites. 70% abandon their search.

Gatekeepers

Travel agents control access. But they’ve never been there.

The Opportunity

The global travel market is worth $776 billion annually. 84% of high-ticket bookings are driven by personal referrals — yet only 12.9% of those referrals are ever tracked or rewarded.

84%

trust word of mouth

→

12.9%

actually captured

87.1%

unmeasured, unrewarded

$0B

untracked referral value in luxury travel

Annually. Globally. Unrewarded.

Sources: Grand View Research (Global Luxury Travel Market), McKinsey, RulerAnalytics 2024

The Solution

LINX is the trust infrastructure for luxury experiential travel.

A members-only platform where vetted insiders share real experiences. When friends book, curators earn. No selling required — just share a link.

THE INFRASTRUCTURE

The LINX Loop

Every traveler becomes the next curator.

Curator shares Experience

from LINX Vault

Guest

experiences

Attribution tracked,

rewards shared

Guest creates memory,

adds to LINX Vault

More Curators

More Experiences Shared

More Trust Data

Better Recommendations

More Bookings

More Curators

More CuratorsMore Experiences SharedMore Trust DataBetter RecommendationsMore BookingsMore Curators

How It Works

Step 01

Curate Your Experiences

Save the moments that moved you into your personal travel vault.

My Travel Vault

2 Experiences5 ReferralsFounding Member

Antarctica Expedition

Antarctic Peninsula

Heli-Ski Norway

Svalbard, Norway

EYOS Expeditions

Operating since 2015

“Standing on the seventh continent changed everything.”

Gift this story

Step 02

Gift the Story

One tap to recommend -- your words carry more weight than any ad.

Chris Davenport

Recommending an experience

Antarctica Expedition

EYOS Expeditions

What made this unforgettable?

Your words help friends trust the experience...

Personal recommendations are 3x more likely to result in a booking.

Their name

friend@example.com

Copy link| WhatsApp| Email

Recommend to a friend

Step 03

Watch Value Flow Back

Every referral tracked, every booking attributed, every reward earned.

Performance Dashboard

Last 90 days

Referral Funnel

Links Created

156

Opened

Accounts Created

Inquiries

Bookings

$48K

Revenue Generated

Commission Rate

Business Model

One Rate. Every Booking.

10% commission on each experience. $500 per day minimum floor.

10%commission

6%Referrer

The person who recommended the experience

3%LINX

Platform infrastructure and trust layer

1%Traveler Credit

Returned to the traveler as platform credit

SaaS Subscriptions

Members

$29 - $149

per month

Member / Pro / Elite

Operators

Free - $1,499

per month

Starter / Professional / Premium / Enterprise

Why Now

Trust Converts

Paid Channels

1-3%

conversion rate

Trust-Based Referral

9.5%

conversion rate

3x higher conversion rate

Source: Ruler Analytics, Travel Marketing Benchmark

The Market

$250B Referral-Influenced Market

50 million high-net-worth travelers globally x $10K average booking x 50% influenced by referrals

Source: Grand View Research, Global Luxury Travel Market

Total Addressable Market

$0B

Global luxury experiential travel

Serviceable Addressable Market

$0B

Safari, Expedition, Ski, Yacht, Diving

Serviceable Obtainable Market (YR 3)

$0M

~150 US operators across 5 verticals, ~500 curators, $15K avg booking, 10% commission

Safari$17B

Expedition$8B

Ski$13B

Yacht$8B

Diving$4B

Operators

$500/day

Minimum booking floor

Travelers

$150K+

Annual income

Traction

50+ Experiences

All 7 Continents

Eleven Experience

The Team

A platform built by the leaders of the industry

Ben Lyons

Advisor

CEO, EYOS Expeditions

Doug Stoup

Advisor

CEO, Ice Axe Expeditions

Roy Kim

Technical Advisor

Principal Engineer, SoFi

Zeus

The AI operations system behind LINX

LINX development is accelerated by Zeus — a proprietary AI directive system with 56 specialized agents. Zeus is how a lean team moves at the speed of a company ten times its size.

C-Suite

Strategy, Product, Finance

Olympian

Frontend, Backend, Security

Titan

Analytics, Planning, Docs

Guardian

Monitoring, Trust, Growth

C-Suite

Strategy, Product, Finance

Olympian

Frontend, Backend, Security

Titan

Analytics, Planning, Docs

Guardian

Monitoring, Trust, Growth

Strategic Moats

Our First-Mover Advantage

Trust Graph

●Referrals, bookings, and reviews compound into a proprietary trust network
●No competitor can replicate the data
●Moat deepens with every transaction

Operator Lock-In

●Operators integrate LINX into their booking flow
●Attribution data, referrer relationships, and commission history accumulate
●Switching costs increase over time

Network Effects

●More curators = more value for operators
●More operators = more value for curators
●Classic two-sided flywheel

Go-to-Market

Prove the Loop, Then Scale the Network

Phase 0Now – 12 months

Design Partner Wedge

Prove the behavior, not the TAM. One job: create link, share, track attribution.

500–5K

Users

10–20

Operators

$250K

Revenue Target

First Curators

Athletes & Olympians7 Summit ClientsYacht Charter ClientsCelebritiesReal Estate ProfessionalsWealth Advisors

Launch Partners

EYOSExpedition TerraIce AxeEleven Experience

Phase 1Years 1–3

NA High-End Wedge

Turn behavior into a real business. Same high-trust curators, expanded operator verticals across North America.

5K–100K

Users

300–800

Operators

Operator Verticals

ExpeditionsYacht ChartersSafariAdventure LodgesWellness RetreatsLuxury HOAsPrivate Clubs

Product

CuratorOS with full attribution and rewards. Operator SaaS dashboards. Curated network onboarding. Early memberships.

Phase 2Years 3–7

Global Scale-Out

Extend the rails. Let others build on TrustOS. The trust graph crosses borders.

100K–1M

Users

Global

Operators

Scale

●International operators across all 7 continents
●Global safaris, expeditions, yachts, lodges, wellness resorts
●Card programs, HOAs, and private clubs licensing TrustOS

Product

Global APIs. White-label TrustOS. B2B2C integrations for clubs, cards, and platforms.

Exact attribution from day one.

Path to Profitability

YR 1

$2.5M

GMV

$250K

Revenue

~2,500

~15

Phase 0

YR 2

$9.5M

GMV

$950K

Revenue

~10,000

~50

YR 3

$47.5M

GMV

$4.75M

Revenue

~50,000

~150

Breakeven

YR 4

$190M

GMV

$19M

Revenue

~200,000

~400

YR 5

$475M

GMV

$47.5M

Revenue

~500,000

~800

Users

Operators

Based on 9.5% booking conversion, ~$10K avg booking, 10% platform take rate

The Human Truth

“The most transformative trip of my life didn’t come from a search engine. It came from a friend.”

Kara Brenholt

“When you’ve skied the most remote mountains on earth, people ask where to go. Now there’s finally a way to make that count.”

Chris Davenport

Pro Skier, 2x World Champion

“The value in selling experiences comes from those who are sharing stories. There is no platform that captures that until now with LINX.”

Doug Stoup

CEO, Ice Axe Expeditions

The Ask

$1.2M

Pre-Seed SAFE

20% Discount

12-Month Milestones

$250K

Revenue

2,500+

Users

15+

Operators

iOS

Launch

Use of Funds

40%

30%

20%

10%

Product

Acquisition

Operations

Reserve

Helicopter skiing on a snow ridge in Antarctica

Where your experience is your asset.

LINX

The Trust Network for Luxury Travel

Stein Retzlaff

Founder, LINX

530-386-5371