No, I would n…
No, I would not invest in this project. What makes me feel so are the following:
1- the way the whole thing was presented.
2- Insufficient information
3- Vague ideas
4- Unclear target market
Cloud Connect as a concept is great and we can see how it is working right now with some operational PC and tablet systems. With the fast growing educational demands, Cloud Connect potentially can play an important role in the field of learning. I would love to embrace this concept but I am hesitant to invest in this project for the above-mentioned reasons. So basically what deterred me is the way it was presented. Probably if the presenter appears in front of me and talks about his products giving the essential details that an investor is waiting to hear from a project seller. After listening to this short presentation, one can feel that the presenter is trying to sell his ideas so fast that he forgot to include the essence of any business venture which is convincing investors in buying or participating in such project.
Cloud connect could have been presented differently. Such an important project is really a requirement in our present educational systems and in the near future there will be a real need for such an application.
In spite of the fact that the presenter estimated the market profit (3/4 billion dollars), there is still no tangible reflections on the future of the application.
Generally, I like the idea but I am not really keen on investing in it. I need to be convinced.
Hussain
Posted in: Week 03: Analyst Bootcamp
troos 11:13 am on May 25, 2012 Permalink | Log in to Reply
Hussain:
Good point about the speed of presentation. I had to listen to the pitch at least 4 times before I had a thorough understanding of what was being presented. I would rather the pitch was a little longer to allow some time to process the information, especially since the information being vocalized was somewhat different than that being presented visually.
Tim