{"id":255,"date":"2013-11-30T14:58:26","date_gmt":"2013-11-30T21:58:26","guid":{"rendered":"https:\/\/blogs.ubc.ca\/ventureforth\/?p=255"},"modified":"2013-11-30T14:58:26","modified_gmt":"2013-11-30T21:58:26","slug":"evaluation-6","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/ventureforth\/2013\/11\/30\/evaluation-6\/","title":{"rendered":"Evaluation 6"},"content":{"rendered":"<p>&nbsp;<br \/>\n<strong>Week 12:  Venture pitch evaluations<\/strong><br \/>\n&nbsp;<br \/>\nFor Troy Moore&#8217;s venture at <a href=\"https:\/\/blogs.ubc.ca\/etec522sept13\/2013\/11\/25\/edu-sits-the-replacement-for-bcesis\/\">EDU-SITS<\/a><br \/>\n&nbsp;<br \/>\n<strong>Evaluation by jiorns <\/strong> 8:52 am on December 1, 2013<br \/>\n&nbsp;<br \/>\nHi Troy,<br \/>\nI totally LOVE your elevator pitch (irony is engaging) and think you have a gift for voice narration. The pitch and pace was excellent.<br \/>\nYou maintained this clear, well-paced pitch for your venture pitch video.<br \/>\nHowever, I would suggest not using graphics or narration that overtly slams the Ministry and its decisions (e.g. Mr Bean). It\u2019s not a good look. Facts\/evidence of functional problems with the current student tracking system or the one to be introduced by Fujitsu, and facts about negative impacts on districts is where you should focus.<br \/>\nIn the same vein, keep the graphics to ones that inform (is a 13 ball or 8 ball necessary?)<br \/>\nExcellent and clear articulation of the pain point. On a small point, \u201cthey believe the future is now\u201d should be \u201cwe believe the future is now\u201d.<br \/>\nGood articulation of the ED-SITS product \u2013 what it will do.<br \/>\nGood marketing plan and articulation of the target \u2013 independent schools and unsatisfied districts.<br \/>\nGood info about how districts are looking for alternatives to the Fujitsu product.<br \/>\nYour venture has the CEO\/team sorted. (I like that you have awarded yourself the MET !!)<br \/>\nGood overview of how you will meet school, district and provincial needs for student information, as well as keep parents informed about student assessment \u2013 ED-SITS will be market competitive. At least in its target markets.<br \/>\nGood rationale for the $3 million ask \u2026 you don\u2019t have staff within the districts so their salaries need to be paid for (assume it is for 4 years based on your articulation of staffing increases in the first four years).<br \/>\nHowever, I am confused about your business model and how you can justify any return to investors.<br \/>\nYou state there will be return in 1 year. From what? Are districts\/schools charged? What is the fee relative to the $10\/head to be charged with the Fujitsu system?<br \/>\nThis is an important point.<br \/>\nOther than that, the venture is sound.<br \/>\nWell done Troy.<br \/>\n&nbsp;<br \/>\n<strong>Ratings<\/strong><\/p>\n<p>CEO and team    5<br \/>\nVenture concept 4<br \/>\nMarketability   5<br \/>\nVenture plan    3<br \/>\n&nbsp;<br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Week 12: Venture pitch evaluations &nbsp; For Troy Moore&#8217;s venture at EDU-SITS &nbsp; Evaluation by jiorns 8:52 am on December 1, 2013 &nbsp; Hi Troy, I totally LOVE your elevator pitch (irony is engaging) and think you have a gift for voice narration. The pitch and pace was excellent. You maintained this clear, well-paced [&hellip;]<\/p>\n","protected":false},"author":7287,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1204],"tags":[],"class_list":["post-255","post","type-post","status-publish","format-standard","hentry","category-venture-forum"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/posts\/255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/users\/7287"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/comments?post=255"}],"version-history":[{"count":1,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/posts\/255\/revisions"}],"predecessor-version":[{"id":256,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/posts\/255\/revisions\/256"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/categories?post=255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/tags?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}