Evaluation 5
Week 12: Venture pitch evaluations
From Evan Barr at Astute Adaptive Learning Platform
Comment by jiorns 11:40 pm on November 28, 2013
Hi Evan,
An impressive amount of work has gone into making the Prezi for that combined elevator pitch and venture pitch. Nice work.
There is a clear market differentiation given the Astute LMS will be adaptive to language of browser as well as responsive to type of device.
I can see a pain point in what you said about Western parts of China not getting the same access to education as Eastern parts of the country. (But there are restrictions on exposure to education on the whole if it’s not built from within the almighty firewall.)
I like that you are thinking of partnerships with wireless internet providers (this matches Ambient Insight’s research data on new trends for mobile learning) and with content partners.
I did wonder if setting up a registered Chinese company and having Chinese shareholders could help the venture? The more the company is Chinese owned, the more freedom you would likely get to distribute your online learning via wireless internet. Although the trade of would be less profit and control.
Who will pay for access to Astute? It sounds like it will be the consumer, or are you thinking educational institutions?
As Leemail said, the team who will get this venture off the ground are not outlined in your Prezi, and the investment ask and ROI do need clarification. Well done!
Well done on thinking through all the technical complexities of the type of learning technology you want to provide. I also thought ‘Infinite Skills’ was a good find.
Ratings
CEO and Team 1
Venture Concept 5
Marketability 4
Venture Plan 3