
Investor Presentation — May 2026
LINX
Where your experience is your asset.
Stein Retzlaff · Founder
The Founder
10+ Years Building the Network
HBO Ice on Fire — first expedition film in Arctic, produced by Leonardo DiCaprio
"How to Change the World with Social Media" — consultants for Sea Legacy / National Geographic
First yacht-based heli-skiing in Antarctica with EYOS
10 years building a production company around creating memories for people
Helps launch 14 new experiences on all seven continents in one year, including another world’s first
Winner of Hulu’s show "Got to Get Out"
Stein Studios has filmed more people skiing in Antarctica than anyone on the planet
LINX officially a C-Corp

Expeditions
Continents
Arctic & Antarctic Trips
Featured in
The Problem
The Friction of Discovery
Two channels. One gets paid.
Operators pay 15–30% on the 12.9% of bookings they can track. The other 87% — driven by past guests, athletes, and guides — earns nothing, runs on no system, and is currently very difficult to scale.
Travelers can't tell what's real
Trusted recommendations get buried under sponsored placements. Choice fatigue at $25K+ price points produces hesitation, not bookings.


The Opportunity
The global luxury 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
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 community where every member is the verification — every recommendation comes from someone who has actually been.Operators run LINX to power their bookings and content engine via white-labeled LINX.For members, LINX is how you achieve your travel goals — world-class verified experiences, organized into collections, discovered through people you trust.

THE INFRASTRUCTURE
The LINX Loop
Every traveler becomes the next curator.
Curator shares Experience
from their travel stories
Guest
experiences
Attribution tracked,
rewards shared
Guest creates memory,
adds to their travel stories
The CEO of an operator is also a traveler. The traveler becomes a curator. The curator becomes a member. LINX is built around humans, not roles.
How It Works
The Memory Loop
Memories are the share, the experience, and the artifact you bring home.
The memory IS the share
A curator gives a friend a memory — a thank-you, a moment, a story they actually lived. Not a link. A keepsake.
The friend books and lives it
Trust converts. They experience it themselves and return home transformed.
They bring back their own memory
A digital keepsake to share with the next person. The loop continues — every traveler becomes the next curator.
The loop repeats — every traveler becomes the next curator
Discovery
Discover Experiences Through People
Ski the seven continents. Swim with the great whales. Build out your bucket list — discovered through people you actually trust. Like a Spotify playlist for world-class travel.

“Standing at the edge of the ice shelf, I understood why people come back. This wasn't a trip — it was a reckoning with scale.”
Antarctica Expedition
EYOS Expeditions

“First tracks above the Arctic Circle. The silence before the drop is the part nobody tells you about.”
Heli-Ski Svalbard
Ice Axe Expeditions
“We anchored in a bay with no name and dove a reef nobody had mapped. That's what Lamima does — finds the places that don't exist yet.”
Raja Ampat Sailing
Lamima
Memory
Emotion
Experience Card
Data
Booking
Action
Every experience on LINX is verified by someone who was there.
The people are the proof.
Business Model
The LINX Business Model
10% take rate. Splits favor the curator as they commit. $500 minimum booking floor.
Free
Invite-only
60%
30%
10%
Pro
$59 / month
50%
40%
10%
Elite
$149 / month
30%
60%
10%
Yacht
Adventure
Lodge
Safari
Wellness
Industry
15-20%
10-15%
10-15%
20-25%
10-15%
LINX
10%
10%
10%
10%
10%
5% floor grandfathered for founding operators (EYOS, Ice Axe).
SaaS Subscriptions
Curators
$0 - $149
per month
Free (invite-only) / Pro $59 / Elite $149
Operators
$0 - $1,499
per month
Free / Professional $349 / Premium $749 / Enterprise $1,499

The Market
The Luxury Travel Market
Global Travel
$1.59T
Total Addressable Market
Experiential (>$500/day)
$58.9B
Serviceable Addressable Market
LINX Commission Pool
$6-9B
5-15% paid to intermediaries
Y3: ~150 Operators
$4.75M
Serviceable Obtainable Market
Source: Grand View Research, Knight Frank 2025, UBS Global Wealth Report 2024, Mordor Intelligence
The Target Audience
Where The Market Lies.
From Martis Camp to Silicon Valley, and Palm Beach to Fisher Island — wealth isn’t an abstraction. It’s densely clustered in trackable hubs.
U.S. Core Bracket
> $1M Net Worth
22,000,000
Top-Tier Communities
Luxury Enclaves / HOAs
18,000
Luxury Operators
Globally Addressable
8,000-15,000+
The 22M Millionaire base density is verified by the UBS Global Wealth Report (2024).
Utilizing revised FCAR brackets (>$1M lot valuations) expanding top-tier targetable HOAs perfectly to ~18,000 isolated units.
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 BUSINESS
Strategic Moats
Our First-Mover Advantage
Trust Graph
Referrals, bookings, and reviews compound into a proprietary trust network. No competitor can replicate the data.
Operator Lock-In
Operators white-label LINX to run their bookings and content engine. Their workflow lives inside LINX. Switching cost compounds with every booking, memory, and member tied to the platform.
Network Effects
More curators = more value for operators. More operators = more value for curators. Classic two-sided flywheel.
Memory Network Effects
More memories create a richer feed. A richer feed attracts more members. More members create more memories. The content flywheel compounds.
Social Graph Density
Degree-of-separation visibility creates switching costs. The experiential social network lives on LINX.

Traction
Three Founding Operators
All 7 continents · Desktop is live




M/Y Solace · Yacht Charter

Kenya · Safari Expedition

Antarctica · Ski Touring
The Team
Built by the industry
Advisors

Ben Lyons
Advisor
CEO, EYOS Expeditions

Doug Stoup
Advisor
CEO, Ice Axe Expeditions
Roy Kim
Technical Advisor
Early Engineer at Expedia, Principal at SoFi
Core Team

Anirud Palaskar
Product Manager & Engineer
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
Customer Acquisition
Cost to Acquire a Customer
Operator Onboards
Operators share memories and experience cards with their existing clients instead of just sending website links.
Clients Become Referrers
Clients share those memories organically within their communities and networks.
Geometric Scale
Each operator brings 10-50 new members at $0 marginal cost.
Operator Invite Credit
$250
Each credit can generate $3,000+ in annual revenue from the referrals it unlocks.
Blended Operator CAC
$350
Blended across founder network ($0), referral credits ($250), and trade shows ($1,500+). B2B SaaS industry average is $1,200+.
Blended Member CAC
$42
Most members arrive free — operators invite their existing clients. Some via $50 invite credits. We don't pay to find wealthy people — they're already the operator's clients.
Go-to-Market
Prove the Loop, Then Scale the Network
Founding Members + Monaco Activation
50 Hall-of-Fame icons. Five vertical anchors (Davenport × LINX skiing).
Performance-based distribution. Approval-gated. Reputation-staked.
Activation: Monaco Grand Prix · June 4–7, 2026 · private LINX event.
500–5K
Founding Members
10–20
Operators
$170K
Revenue Target
Vertical Programs
CAC Moat
8–11% of LTV vs industry 30–80%
NA High-End Wedge
Scale operator cascade across North America. Every new vertical multiplies the referral network.
5K–100K
Members
300–800
Operators
Operator Verticals
Product
Memory-led discovery feed, social graph with degree-of-separation, CuratorOS, Operator SaaS dashboards.
Global Scale-Out
Extend the rails. Let others build on TrustOS. The trust graph crosses borders.
100K–1M
Members
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.
Operators bring the members. Memories drive the loop. Attribution from day one.
Path to Profitability
YR 1
$2.5M
GMV
$170K
Revenue
Phase 0
YR 2
$10M
GMV
$835K
Revenue
Loop proven
YR 3
$35M
GMV
$2.8M
Revenue
Profitable scale
YR 4
$100M
GMV
$7.6M
Revenue
YR 5
$250M
GMV
$17.5M
Revenue
Category leader
>6:1
LTV:CAC
An operator costs $350 to acquire and generates $2,100+ in commission revenue over 3 years
< 6 months
CAC Payback
First 1-2 bookings from an operator's referrers cover the acquisition cost
Year 2
Loop Proven
100 operators and 2.5K Founding Members generating $835K revenue validate the trust loop
Based on 10% take rate (5% floor grandfathered for founding operators), v4.0 three-tier curator splits (Free 60/30/10, Pro 50/40/10, Elite 30/60/10), conservative free-to-paid conversion
THE INVITATION
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 entire planet, people ask you where to go. Now there’s finally a way to make that count, and there’s infrastructure for attribution.”
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 Thesis
The best experiences are remembered, shared, lived again by someone new.
LINX is the verification layer for trust-based commerce. Travel is the wedge.
Trust beats advertising. Memories beat marketing. The people are the proof.
The Ask
$500K
Pre-Seed SAFE
20% Discount · $25K Floor
6-Month Milestones
$85K
Revenue
500+
Founding Members
40
Operators
MVP
Mobile Launch
Use of Funds
Conversion Trigger
LINX commits to initiate priced financing by January 31, 2027.

Where your experience is your asset.
LINX
The Trust Network for Luxury Travel
Stein Retzlaff
Founder, LINX
530-386-5371