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Have to agree on this one. My startup is in the same space, we're taking a totally different approach. The focus is on creating a compelling presentation / pitc
by fleitz 16y ago
Have to agree on this one. My startup is in the same space, we're taking a totally different approach. The focus is on creating a compelling presentation / pitch. When you use the product it feels like your interacting with the company.
We're pretty much iPad exclusive as we think the best way to approach the space is to put pitching tools in the hands of the entrepreneur. The idea is that investors and entrepreneurs will share the presentation physically by passing the iPad around. We also have tools to gather information on the spot, if the person wants to look it over later, take their email in the app and it emails them a link to the presentation. Which they can review later.
Use Cases:
In person amongst friends:
Check out this startup, and then pass the iPad to the person. We see this use case more for someone who has been presented to in person and is sharing with others who may also be interested.
Elevator Pitch:
If you get the opportunity for an elevator pitch and generate interest you can pass them a compelling presentation. The buttons are also oversized so that while you're presenting you can still guide the presentation while it's held in the other person's hand.
Multiple People:
With your iPad in hand you'll always be prepared to present, if you find yourself in a board room, or anywhere with a TV simply plug the VGA/TV connector in and display the presentation on the big screen.
The exit / next round:
It's easy for investors to take their portfolio companies presentation and add them to their home screen, that way when they are looking for prospective buyers for the next round / exit they have those great presentations on hand and can easily walk the buyer through.
We'll eventually support recording a presentation so that the app flips through the various parts of the presentation automatically while playing your recorded audio as the app transitions through the pitch.
We have no social media integration other than to login/share with friends, we don't think it's a good idea to encourage a herd mentality and that prospective investors should make up their own mind, rather than relying on the herd for signals. I think over the long term it will build a better understanding between investor and entrepreneur. Rather than investing based on what is in vogue.
We focus on creating a compelling story for the entrepreneur by being rich in imagery, video, and eventually audio. We're helping entrepreneurs create a connection and generate real interest in what sets their company apart from the herd.
Once we have the presentation down and have that working flawlessly we'll move to social media.
- asanwal 16y agoInteresting idea, but all use cases above suggest you have to be there in-person to "pass the iPad". Seems like that requirement creates extra friction in the process.
- fleitz 16y agoYou can definitely send a presentation to someone else, there are email/linkedin share features. Your home page will display all publicly available presentations, but we see an essential chicken-and-egg problem that is solved by positioning first as a presentation tool. Thats the immediate value, it helps an entrepreneur present to the people you already know, as well as collect information for prospective investors. eg. hallway / booth conversations at a tradeshow, quickly walk through a hand held presentation that is tactile and interactive, if they're interested, take their email down, send them a copy of the presentation and have the email on hand for follow up. You can also use it to pitch your product, rather than providing information about the company. Once the network of entrepreneurs is in place we can start attracting investors via internet means. Once both are in place we'll evaluate the next steps. What we don't want is prospective investors going to an empty site.