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Would you be willing to tell us what your startup did? :) Shawn
by palish 20y ago
Would you be willing to tell us what your startup did? :)
Shawn
- Alex3917 20y agoThe website is actually down but here was the elevator pitch: "Emoticomm is a digital introduction device. Our stick-of-gum sized device uses Bluetooth to connect people with similar desires. We use proven hardware and open source software. It's a shame how many missed opportunities exist because of difficulty in initial icebreaking. For example, imagine two strangers in an elevator with only 30 seconds to potentially establish a relationship. Our product will discretely alert them to common interests. We're targeting venues such as conferences, trade shows, and cruiseships. Our goal is to create a more efficient social experience. Our product is a digital icebreaker. Digital handshakes will lead to physical ones." You can see two mockups here, one of the product and one of the GUI: http://www.alexkrupp.com/picture_library/3Dmodel.png http://www.alexkrupp.com/picture_library/gui.png (The idea behind the GUI was that info in green boxes would be public, info in yellow boxes would be viewable by friends of friends, and info in red boxes would be viewable by friends only) It was a decent idea but I guess I wasn't clued in enough to realize that I have no where near enough skills to pull off a hardware project. At least I learned a thing or two...
- Alex3917 20y agoP.S. I just threw the business plan and marketing plan online. http://www.alexkrupp.com/biz_plan.pdf http://www.alexkrupp.com/marketing_plan.pdf They actually won a couple of business plan competitions, so they're not completely terrible if you want an example. Plus maybe someone will get a good idea or two. I also have a provisional patent on the above designs plus some new business methods relating to advertising that is going to expire in a few months... *sigh*
- ecuzzillo 20y agoI've never seen or heard anything about a business plan competition, but they seem like amazingly bankrupt ideas. It sounds to me like they're a bunch of middle-aged employees of big companies or universities who have never started a business telling you what's a good business plan. But I *highly* doubt that the winners of business plan competitions correlate at all with successful businesses (as you yourself are an example). For that reason, it seems like they'd be the exclusive domain of PHBs, or at least the administration of them would be.
- Alex3917 20y agoExactly.
- danielha 20y agoI briefly looked through your documents, but there are a few conclusions I can draw from the elevator pitch alone. The aim of your product would be better suited as software for mobile phones. From the pitch, I can see no reason why a consumer would purchase the device if it provided no immediate gains. Getting use out of an Emoticomm would entail purchasing the device and waiting for it to reach mass market adoption.