{"id":2736,"date":"2009-10-04T12:20:48","date_gmt":"2009-10-04T20:20:48","guid":{"rendered":"https:\/\/blogs.ubc.ca\/etec522sept09\/?p=2736"},"modified":"2009-10-04T13:06:28","modified_gmt":"2009-10-04T21:06:28","slug":"pitch-pool-assessments-recombo-2005-vs-ubc-olt","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/etec522sept09\/2009\/10\/04\/pitch-pool-assessments-recombo-2005-vs-ubc-olt\/","title":{"rendered":"Pitch Pool Assessments: Recombo 2005 vs. UBC OLT"},"content":{"rendered":"

Recombo 2005<\/strong><\/span><\/span><\/span><\/span><\/p>\n

CEO Credibility
\n<\/strong>Brad Mcphee.\u00a0 At first I found his presence not powerful enough to lead the company during a time of transition.\u00a0 As I watched further, I found he was knowledge but still did not provide with a clear vision about what Recombo\u2019s goals were.\u00a0 Maybe that is why there is currently a new CEO leading the company.
\nCEO 2009: Mike Gardner\u00a0\u00a0\u00a0\u00a0 Source: http:\/\/www.recombo.com<\/a><\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Management Team
\n<\/strong>Only name mentioned in the video was Brad Mcphee.\u00a0 He also mentioned that there are a total of 3 sales people and 12 current employees.\u00a0 They are in the process of hiring 10 new employees.\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Business Model
\n<\/strong>Recombo has technology that allows users to run their course content on.\u00a0 I believe there product and business model is feasible.\u00a0\u00a0 They are trying to sell existing technology to customers.
\nPrivate Company with investors<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Competitive Products<\/strong>
\nHave switched from a product based company to a service based company.\u00a0 \u201cServices provided over a architecture\u201d.\u00a0\u00a0 Trying to prove that they have technology that solves business problems.-
\n-\u201cContent integration router\u201d new product out.\u00a0 \u201cAdapter \u201cis a performance evaluation product.<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Market Readiness<\/strong>
\nRecombo is currently in a year of transition.\u00a0 They are shifting from a product centered business to services centered business.\u00a0\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Technical Innovation
\n<\/strong>Their lighthouse technology seems to give them a competitive edge.\u00a0 It seems like there are constantly innovating new ideas and re-packaging old ones to make them better.<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Exit Strategy<\/strong>
\n– Although they have a great product, I believe they do not know what success looks like.\u00a0 They are prepared to walk away from a business if it does not fit there business model.\u00a0 Estimated dollar value is 100 million.\u00a0\u00a0 If the price is right he\/shareholders would sell the business.<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Overall Investment Status<\/strong>
\nHave a signed a new deal with a publisher that is equal to their entire revenue.\u00a0 Are a growing company which is hiring an additional 10 employees.\u00a0 Current employee base is 12.\u00a0\u00a0 I would invest in this company.\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

UBC OLT<\/strong><\/span><\/span><\/p>\n

\u00a0<\/strong><\/span><\/span><\/p>\n

CEO\u00a0 Credibility<\/strong>
\nMichelle Lamberson (Director).\u00a0 She seems to come across very knowledgeable and credible.\u00a0\u00a0 She understand some the problems that OLT faces and some of the opportunities as well.<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Management Team<\/strong>
\nNothing is really mentioned in the video.\u00a0 When access the OLT website the page cannot be displayed.\u00a0\u00a0 Page might be down for maintenance. <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Business Model<\/strong>
\nRole: OLT plays a leadership role in Facilitation, Coordination and Communication of technology within curriculum of courses at UBC.\u00a0\u00a0 I believe because they are part of university most of their funding comes from the government and student tuition.\u00a0 This means they are not selling a product or service in the open market .
\n-Public Education Institution. <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Competitive Products<\/strong>
\nThey provide a services of hosting and maintaining e-learning platforms at the university.\u00a0\u00a0 It seems they have no other competitors within the university.
\n<\/span><\/span><\/p>\n

Course Management Software.<\/strong>\u00a0
\n– Recently they have bought a new server to host web blogs and wiki\u2019s. <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Market Readiness
\n<\/strong>Success for OLT is not measured in profits but more in the learning success of students within the e-courses at UBC.\u00a0 Seamlessly integrating technology into courses is a measurement of success.\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Technical Innovation<\/strong>
\n– learning through blogs and wiki is an new project that they are trying at UBC.\u00a0 Their goal to always incorporate new ideas.\u00a0 And they understand that some will fail and others will succeed<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Exit Strategy<\/strong>
\nStudent centered goals.
\nDriven by UBC faculty and students.\u00a0 As a support unit OLT will always have to be there as a non for profit organization of the university. <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Overall Investment Status<\/strong>
\nThey have to keep showing the university that are benefit.\u00a0 They will never really earn the university money but that is not their role.\u00a0 Their role is to help facilitate the technology<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Recombo 2005 CEO Credibility Brad Mcphee.\u00a0 At first I found his presence not powerful enough to lead the company during a time of transition.\u00a0 As I watched further, I found he was knowledge but still did not provide with a clear vision about what Recombo\u2019s goals were.\u00a0 Maybe that is why there is currently a […]<\/p>\n","protected":false},"author":1012,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[153],"tags":[],"class_list":["post-2736","post","type-post","status-publish","format-standard","hentry","category-mod02business-bootcamp"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts\/2736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/users\/1012"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/comments?post=2736"}],"version-history":[{"count":6,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts\/2736\/revisions"}],"predecessor-version":[{"id":2738,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts\/2736\/revisions\/2738"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/media?parent=2736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/categories?post=2736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/tags?post=2736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}