MEgo
Portable profiles for learners on the go:
Posted in: Pitch Pool
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David Vogt
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ETEC 522 – September 2012
Ventures in Learning Technology
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Mike Rae 11:03 pm on September 18, 2012 Permalink | Log in to Reply
No I would not invest in MeGo. I don’t believe that their ‘pain point’: having to create different profiles in different places is really something that people necessarily want rectified. Different Social Media platforms have different purposes. We all have profiles here on UBC blogs that are going to be more formal than our facebook pages. I have a yahoo and espn profile for playing fantasy sports with my friends, where swearing, drinking and debaucherous comments are encouraged. I think we change in every social setting to some degree and like the option of being able to do that with our profiles.
the girl in the video was young, somewehat attractive, spoke really fast and astumbled a couple of times. She was spunky, which I liked, but my overall impression of her as the face of the venture was a thumbs down. She mentioned teasers like “we are already making money” and “check out our website to see our global contest with adidas” as we ‘got off the elevator’.
Before asking her how they make money and how much, I think my first question would be: “who really wants a uniform profile out there?”
avninder 7:56 am on September 20, 2012 Permalink | Log in to Reply
Good points Mike. I would not invest in this company either. Completing a new profile provides a opportunity to choose what you want to disclose and is not very time consuming. Who would want to blur the lines between their student lives, working lives and personal lives?
Do you think an alternate speaker would have been able to persuade you to invest?
C. Ranson 8:37 am on September 22, 2012 Permalink | Log in to Reply
Mike, you make some very valid points about different profile needs, and the use of teasers like making money, website and the contest with adidas, I wonder why this company is making money are we missing something from the social media prespective?
Catherine
Suhayl Patel 10:21 am on September 22, 2012 Permalink | Log in to Reply
No I would not invest in this company. I think I could write a lot about why I would not invest, but it all boils down to the fact that there was not much information given, or at least any substance to it. Nothing about Marketing, about the CEO Team, nothing about how it’s different from any of the similar tools that the same thing and some, and nothing about their plan.
Patrick Pichette 11:19 am on September 23, 2012 Permalink | Log in to Reply
Well, for one, I don’t really see this as an education venture so if we are strictly analyzing education related ventures, this falls out of that equation so I’d have to eliminate it on that basis alone. If that isn’t enough to rule out any investing intentions, I also agree with the points brought up regarding the problem is solves.. it really isn’t much of a problem. I’ve never heard anyone complain to me that they have to create too many profiles. I’ve heard of people complaining they have to remember too many password for all different sorts of websites but no one ever tells me that they are sick of entering the same profile information anytime they sign up for a service. I could understand if I were creating 20 profiles a day but it’s more like 20 profiles a year so is this really a venture worth considering?
kstackhouse 12:26 pm on September 23, 2012 Permalink | Log in to Reply
I was thinking the same thing about this not being related to an education venture. The only way would be if the student was sharing this same profile information with their school blog, Moodle or wiki accounts. This I think would not be encouraged anyway for reasons of privacy. There is already some of this overlapping of profiles taking place now. If you have a Google + account the information there is the same profile information that you have in your YouTube account (assuming one has one). As others mention there is not enough “pain” in the market for someone to really demand this “little widget” as she describes. I could only see people using it if it was a free add-on.
Patrick Pichette 4:32 pm on September 23, 2012 Permalink | Log in to Reply
Part of me feels like this was a an idea concocted to generate money as opposed to solving a problem. This person probably thought that if they could get people to create one profile that serves up the information to multiple websites, they could become a central point to collect a lot of user information, browsing habits, and creating an advertising profile to use targeted ads. The only problem is no one will likely use this service since it really doesn’t help them become more efficient at anything particular.
Lisa Nevoral 8:15 pm on September 23, 2012 Permalink | Log in to Reply
I think that if she created an application for having one login and password for all your different accounts, this would be a better investment then the same profile information. I also have to agree with Ken that people may use MEgo as a free add-on application.
jameschen 10:10 pm on September 23, 2012 Permalink | Log in to Reply
I also do not see the marketability of this product as there appears to be no gap in the market for it to fill. Perhaps it might have been better if she gave information on how the product differs from its competitors, then the presentation might have gained more validity.