WEbooks – a democratic publishing company
The CEO of WEbooks stood confidently in front of her company logo and gave a convincing elevator pitch about her company. She clearly outlined that there was no place for people inspiring to become writers and her solution is to create a program much like you tube where the merit of the writing (instead of […]
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khenry 7:31 pm on September 24, 2011 Permalink | Log in to Reply
Hi Tamara,
I agree that information such as partnerships and affiliations are vital to a pitch. If expectations seem high and unattainable then this would definitely detract investors.
Kerry-Ann
Doug Smith 8:53 pm on September 24, 2011 Permalink | Log in to Reply
Hi Tamara,
What is your take on the $50B industry reference? I’m not entirely sure that I know what WeBook’s intention is. Are they hoping to take a large chunk of the market? Or are they wanting to take a large chunk of market share at a reduced selling price (ie offering a cheaper product)? When I think of WeBook I think of Wikipedia. Wikipedia upended the encyclopedia market and took market share, but they don’t really make money, at least not that I know of. Linux is similar, since it is released under an open license. However, Linux allows for corporations to take linux and package it into a retail product. Like
Wikipedia, I’m not sure the Linux developers get a cut from corporate revenues and sales.
I would have liked to hear even a quick little sound bite on what WeBook wanted out of the market, rather than just to upend it.
cheers
Doug