7 thoughts on “WeBook”

  3. Let’s see now …. the President makes a persuasive and professional presentation for the most part. She certainly comes across as a capable and credible representative of the webooks venture, and as someone very passionate about the venture.
    However, more evidence is needed of a market gap and webook as the solution to that gap. So far, there is only an inference of a point of differentation (commercialisation of collaboratively written books); an investor does not know if other similar collaborative digital publishing ventures also exist.
    Also, the potential to earn 50% of any sale of an e-book on webook is another claim that requires evidence. It is hard to see how a 50/50 split of revenue for an e-book is possible given the number of parties/creators in the webook community that stand to gain a share of a sale (writers, editors, reviewers/voters, publisher).
    So, there is an excellent marketing pitch and it could have been stronger with a call to action at the end. As an investor pitch, the venture needs to provide more evidence for its claims. And possibly decide who the audience is for the pitch – is any one of the roles in the community more likely to be attracted to the venture?

  5. amb585 says:

    WeBook

    I would invest in this project. The speaker immediately identifies the niche market, draws parallels to help me conceptualize, and shows me how her product has the potential of revolutionizing the publishing arena. She correctly identifies that there is a market gap from professional publishing houses but fails to describe the other competition to this gap, other self-publishing sites available around the internet, such as on Wattpad or Amazon Kindle direct publishing. If she had, she would have been able to make a stronger argument as what I like about We Book is that it builds on what is already available to be collaborative and to include quality control.

    Webook seems to be a great tool for aspiring writers to break into the publishing market. We’ve all heard stories of now famous authors who once had to struggle to find a publisher for their book. This program opens this process up to the public. I would like to hear more about the credentials of those marketing the venture, and more about the specifics of how this would be profitable, but she made a good pitch and I would be interested in hearing more and investing.

  6. No, I would not invest in this venture. It was a likeable pitch but my main concern is in the area of marketability.
    1. CEO and Team
    The speaker is likeable and passionate about the product. She explains the concept in an intelligent and clear manner. It is evident that she connects with the product and the audience can connect with her, and her to the product.
    2. Venture Concept
    The venture is feasible and innovative. Allowing many writers to collaborate on one piece of work is currently trendy. The popularity of social media sites indicates that people enjoy sharing work staying connected. The other layer of the concept that is built on popular trend is the voting that is built into the concept. Online voting of favorite singer, personality, songs etc and now online voting of favorite books to be published is unique.
    3. Marketability
    The publishing industry is huge. How does this small venture plan to break into that market. How will they entice readers away from Chapter’s and Kindle’s ebooks? I don’t get a sense of how they will market their new venture. It is a two pronged approach to the market; writer’s buying into to write and readers buying in to vote and read. Is it unique enough to draw writer’s and readers away from an already established market. I think they could draw in writers as there are some, but not a flood of online publishers in the market as of yet.
    4. Venture Plan
    Very little information was presented about the future plans of the venture.

  7. jldr says:

    While I agree this is a very interesting product with a lot of potential, both for developers and users, I agree with the previous post in that I think it makes a better marketing pitch than an investment pitch.

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