Evaluation 4

 
Week 12: Venture pitch evaluations
 
From Brendan Alexander at ThinkHUB
 
Evaluation by jiorns 10:56 pm on November 28, 2013
 
Brendan,
Your venture sounded a little similar to something I conceived a couple of years ago.
The detail about product design in your venture document was good, and there is no argument that the technical features are well thought out.
For me, there are two questions left unanswered. First, what is the user profile? Or the driver for that user? (there is the saying: “if I build it, will they come?”)
The other question is who develops the product, who maintains it, and what is the respective expertise of those people. I’m thinking this is a question an investor would ask. Particularly to be sure that all the aspects of web development and website marketing would come to fruition.
Great idea for a collaborative work space.
 
 
Comment by brendangalexander 6:21 am on December 1, 2013
 
Hi jiorns!

Great questions. Thanks for the feedback.Allow me to tackle each individually.

“What’s the user profile” – quite simply, we imagine the user to be everybody and anybody who has an idea, but needs collaborators. It could be a game designer who needs help coding, and reaches out to other developers (regionally or online). It could be a classical guitarist who wants to ReachOut and LinkUp with a DJ in order to record an electronic jazz guitar fusion record. It could be a group of elementary school students collaborating on a school project under the guide of their teacher, who has implemented ThinkHUB as a project management tool for his/her classroom. Basically, the user is a person who would normally post on Craigslist, Facebook, LinkedIn, or other web forums because there is no social network dedicated to collaboration and project management. We want to fill that void.

“Who develops the product, who maintains it, and what is the respective expertise of those people.” We will assemble a team of web developers to develop and maintain the website. I have a self-taught background in web design, but certainly do not have the skills to develop maintain a website of this magnitude. Once we have lined up investments, we can hire the right people to make this a reality.

Thanks again!