{"id":68,"date":"2013-09-27T06:50:20","date_gmt":"2013-09-27T13:50:20","guid":{"rendered":"https:\/\/blogs.ubc.ca\/ventureforth\/?p=68"},"modified":"2013-09-27T06:50:20","modified_gmt":"2013-09-27T13:50:20","slug":"mindtraction","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/ventureforth\/2013\/09\/27\/mindtraction\/","title":{"rendered":"MindTraction"},"content":{"rendered":"<p>From blogs.ubc.ca\/etec522Sept2013<br \/>\nFrom Pitch Pool<br \/>\n&nbsp;<br \/>\n<strong>Post by David Vogt<\/strong> 1:42 am on September 2, 2013<br \/>\nMindTraction <\/p>\n<p>A mobile mentoring venture: <a href=\"https:\/\/www.youtube.com\/watch?v=4AmhbODxd2k\">video<\/a><\/p>\n<p>&nbsp;<br \/>\n<strong>Comment by jiorns<\/strong> 12:48 am on September 20, 2013 <\/p>\n<p>David who? A full name is needed when representing a commercial venture to investors.<\/p>\n<p>The content of this pitch was heavily focused on the end user benefit (relief to anxious students). It made for a compelling argument, and was well delivered by David. He was passionate<\/p>\n<p>The venture aims to develop a product that provides relief through provision of a portable mentor. However, the product is not purchased by students directly \u2013 the buyer market is institutions. Whether institutions consider anxious students problemic enough to purchase apps is a matter for clarification (market research). Until there is that clarification, the target product sales of $1 million by year 5 quoted remains unsubstantiated.<\/p>\n<p>There would likely be some development costs to be examined closely as mentoring students of different ages, backgrounds and academic abilities will require a product that is more than a \u2018one size fits all\u2019. So I would ask for a cost\/profit ratio or something similar, based on research into the institutional market.<\/p>\n<p>There is an attempt to provide investors with a call to action at the end \u2013 but it missed out contact details. Overall, a passionate and well delivered pitch. Just needs a bit of focus on the institutions themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From blogs.ubc.ca\/etec522Sept2013 From Pitch Pool &nbsp; Post by David Vogt 1:42 am on September 2, 2013 MindTraction A mobile mentoring venture: video &nbsp; Comment by jiorns 12:48 am on September 20, 2013 David who? A full name is needed when representing a commercial venture to investors. The content of this pitch was heavily focused on [&hellip;]<\/p>\n","protected":false},"author":7287,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[855565],"tags":[],"class_list":["post-68","post","type-post","status-publish","format-standard","hentry","category-evaluating-a-venture-pitch"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/posts\/68","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=68"}],"version-history":[{"count":1,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/posts\/68\/revisions"}],"predecessor-version":[{"id":69,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/posts\/68\/revisions\/69"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/media?parent=68"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/categories?post=68"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ventureforth\/wp-json\/wp\/v2\/tags?post=68"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}