Welcome to ThinkLand !
Welcome to ThinkLand, an in-cloud space for collaborative and creative thinking. This solution is made up of three products: FreeThinker, FreeProject and FreeGroup. It is developed to facilitate quick think, quick work, and quick reflection, by natural input, output, construction and collaboration. We understand that thinking is the original power to push our world forward. We invite you to explore this venture, help us by your investment and advices to make a better platform for better thinking.
Follow is the elevator pitch:
You can find more information in our venture pitch:
Venture Pitch for ThinkLand Inc.
Your advises for this venture will be highly appreciated. Thank you!
Ping
Posted in: Venture Forum
unclereg 8:59 pm on July 30, 2012 Permalink | Log in to Reply
Hey Ping,
Again, I couldn’t access the elevator pitch so I just read your venture pitch. The graphics were amazing and made your presentation look very professional. I wasn’t surprised when you stated that you have experience in graphic design. As for the idea, it would be a great idea for an iPad so the user can use their hands/fingers for input to create a mind map, but I feel there is way too much competition in iPad apps to differentiate this idea enough. On a desktop computer, I’m unsure how this program will actually be faster than using any other mind mapping software. As for suggestions, I would suggest video clips of these 3 programs working unison to truly sell the idea, and forgive me if they are contained within your elevator pitch. Short video clips of these programs working together will sell this product for you. Since this idea is so visually dependent, any type of video visuals will do it a great service.
Good luck, and I look forward to seeing the eventual youtube video.
Thanks Pin.
-Regen
ping 10:10 pm on July 30, 2012 Permalink | Log in to Reply
Hi Regen,
Thank you! I hope I heard your suggestion before I made the pitch. You are right, I should tell the story with a demo on how these 3 programs work together. I should sell the idea first before selling the product or the venture plan. Sorry I didn’t realize this earlier. Your suggestion will be a big help if I really run for this idea someday.
Ping
vawells 1:48 am on July 31, 2012 Permalink | Log in to Reply
Hi Ping
I really enjoyed viewing your elevator pitch. The idea is original and I love the name of your venture. The images and music were beautiful and well matched to your venture concept. The pitch itself is a little long and perhaps could be shortened, just enough to get the attention of investors. One suggestion that I think would improve your elevator pitch would be delivering your pitch in person on the video. This would, I think lend more credibility to the CEO, and give investors a chance to see firsthand your commitment and passion for your venture.
Good luck with your future ventures
Valerie
ping 4:06 am on August 4, 2012 Permalink | Log in to Reply
Hi Valerie,
Thank you for your comments. I also think my elevator pitch is too long, but I was not familiar with video editing to make it shorter when I realized that. I also hoped to deliver the pitch by myself if I had enough time to improve my oral English 🙂 . I’m grateful for this practice, as well as your appreciation. Thanks again!
Ping
Deborah S 8:38 am on July 31, 2012 Permalink | Log in to Reply
HI Ping,
This is an interesting concept. I really enjoyed the graphics in the pitch, but I would have liked to have seen you in the video as well. I think it would have personalized the pitch a bit and secured more buy-in from your potential investors.
Your venture pitch contained great diagrams that helped put the venture in perspective. You mentioned the size of the potential market and then quantified the K-12 market. I wasn’t sure if you were planning to target the K-12 market first? As an EVA, I would have liked more information on how you are planning to market your venture to differentiate yourself from the competition.
Good luck!
Deborah
ping 4:38 am on August 4, 2012 Permalink | Log in to Reply
Hi Deborah,
Thanks for comments! You are right that I was planning to target the K-12 market, but I know it would be difficult to start it at first. The children are not buyers themselves, so I would rather start from their parents and teachers. When they realize that many features of ThinkLand are better designed for natural thinking, they will recommend it to kids. The 3 parts of ThinkLand can be used as virtual learning environment, and also integrated to other learning environment. I should certainly think more about the marketing strategy as you noted. I’m not good at marketing things, but I think it’s a very interesting area to explore further. Thanks for your encouragement.
Ping
karonw 12:56 pm on July 31, 2012 Permalink | Log in to Reply
Hi Ping,
Good job on the elevator pitch, it was very detailed and the slideshow including diagrams have helped in clarifying your pitch. However, I think as the CEO it would have been great to have you infront of the camera to present this pitch to show us how confident and optimistic you are with this product. As an EVA I have enjoyed your elevator pitch but for most cases elevator pitches normally are 1 minute maximum having that your elevator pitch was 3 minutes and 12 seconds long, in the future you may want to see how you can trim it down in time and yet ensuring that all the full details are there. For myself, I find that this is the greatest challenge for the elevator pitch.
You’re on a great start, keep up the good work!
Karon
ping 4:22 am on August 4, 2012 Permalink | Log in to Reply
Hi Karon,
Thank you for your comments. I definitely should cut the pitch shorter. And if I could do it again, I would change the style of the pitch and make a more appealing story instead of speaking behind the slide. As you point out, it’s a big challenge to trim it down yet ensure all the details lossless. After reviewing many pitches in this forum, I am sure I will do better in the next time. Thanks!
Ping
gillian 8:44 pm on July 31, 2012 Permalink | Log in to Reply
Hi Ping,
I think your idea is great and very original. I envisioned myself drawing with my finger on a tablet screen and it magically becoming a neatly drawn mind map and then I could follow it up with real time collaboration – what a fantastic thought.
Although your elevator pitch was on the long side, it was very comprehensive and as many others have stated your graphics in both pitches is a great strength for you.
ping 4:57 am on August 4, 2012 Permalink | Log in to Reply
Hi Gillian,
Thanks for envisioning as a ThinkLand user! You share the same feeling as mine. I believe someday we could have such kind of support on a real platform. I now realize the shortage of my elevator pitch. If I could just visualize it from your envisioning point, it would be more engaging and more credible. Thanks for reviewing my both pitches! Thanks for encouragement!
Ping
Danielle 1:36 pm on August 1, 2012 Permalink | Log in to Reply
Hi Ping,
Wow! This is an excellent venture idea and is certainly one that I’m interested in, especially as a new iPad user and someone who truly appreciates mind mapping. What is especially attractive about your venture is its compatibility with other platforms, and its cloud capabilities. I also think you have done an excellent job of outlining the investment return in a clear way that even those who are not business savvy make sense of the costs and potential growth.
My only suggestion would be to keep the elevator pitch short and simple. You have done your research, and the visuals are fantastic. Well done.
Danielle
ping 5:13 am on August 4, 2012 Permalink | Log in to Reply
Hi Dani,
Thanks for so much encouragement! I hope we could really have such kind of mind mapping tools someday in the future. The elevator pitch is a very big challenge for me, since I never did a pitch, or record a video for myself. It is already a big step for me to record my voice in a ppt slide, and turn it into a video file. I’ll make the elevator short and simple as you suggested. After reviewing pitches of our peers, I am aware that an elevator pitch are not necessary to convey too much details, but to tell a good story. I’m grateful for what I have learnt from this course. Thank you very much!
Ping
troos 1:27 pm on August 2, 2012 Permalink | Log in to Reply
Hi Ping:
Your elevator pitch, though a little long, clearly presents the pain points in the area of education your are addressing. You have provided some great software solutions that, if packaged, would provide your clients with useful tools. Your visuals are very helpful in understanding your products. A heightened personal presence in your elevator pitch would enhance its authenticity. You mention that you will out-perform the competition but it is not clear to me exactly how that is occuring. It would have been helpful to know a little more specifics regarding your target market to analyze how effective your venture would be in the longer term. Overall, great work and nice presentation.
Tim
ping 5:41 am on August 4, 2012 Permalink | Log in to Reply
Hi Tim,
Thank for suggestions & questions! I believe there are competitive advantages in this venture as it compared with those representative competitors like Inspiration and Cacoo. I should address these differences with more details in my pitch, maybe from the user’s point of view. The long-term aspects is not very clear as you point out, I’ll think it more thoroughly, but I’m confident in myself that this kind of platforms for thinkers will have a future growth space. Thanks for your advices!
Ping
Bridget 5:51 pm on August 2, 2012 Permalink | Log in to Reply
Hi Ping,
Thank you for sharing your pitches and after reviewing your elevator pitch I have the follow comments.
I like the way that you stated the purpose of your company (InCloud space for creative and collaborative thinking) and the problem, which your company solves
(with mind mapping tools our mind are faster than the tool). You offer a solution to the problem in a very clear manner with concise diagrams. The presentation flowed well and the audio matched the video very well in both timing and feel.
However, the pitch was much longer than required for the elevator pitch allowing deeper explanation of the venture. This made it difficult to compare it fairly with the other elevator pitches requiring me to eliminate it from my final three. I would be interested in viewing a one-minute pitch in order to see if my curiosity is peaked in the short time period.
It sounds like an interesting and possible venture.
Bridget
ping 5:59 am on August 4, 2012 Permalink | Log in to Reply
Hi Bridget,
Thanks for comments. I agree with you that my elevator pitch is too long. I’m lack of experience to make a presentation in audio or video. I’ve learnt a lot in this week from all of you. If I would come to a real circumstance to pitch this idea, I’ll do better as you suggest. Thanks!
Ping
Dennis Pratt 9:24 pm on August 2, 2012 Permalink | Log in to Reply
Ping;
I like your pain points. If I can make my like more efficient I am better off, right? There is a huge online market for production and efficiency tools, especially as more and more people get online or go mobile. Your pitch reminded me or Evernote and I am just getting familiar with that program. It is supposed to help keep us organized. I do like the collaborative aspect to your venture, as well as the organizational aspects. I am sure that if you keep working on it you could have a real venture on your hands.
Dennis
ping 6:11 am on August 4, 2012 Permalink | Log in to Reply
Hi Dennis,
You encourage me greatly! I do hope I could have this venture at hand someday. The feeling of freely drawing, organizing and collaborating was appealing to me. I like you comments that “there is a huge online market for efficiency tools”. We’ve already been in an era when human-computer-interaction is about to revolute tremendously. Thanks for sharing your vision with me, and thanks for encouragement so much.
Ping
toddpowell 10:38 pm on August 5, 2012 Permalink | Log in to Reply
Ping, I don’t want to reiterate what my colleagues have said about the length of the pitch…. 🙂 It was beautifully done but I, too, would have appreciated seeing the face behind the pitch. You have also made a statement about outdoing the competition. How exactly are you going to be doing this? That being said, the world is truly focused on efficiency and productivity, and your ideas have fit right into that motion!
Todd