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ETEC 522 – Ventures in Learning Technologies
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A3 – Venture Pitch

By courtneyoc on August 3, 2014

Elevator Pitch: YouTube Preview Image

Venture Pitch: O’Connor Venture Pitch

This project was an interesting experience. I decided to take an already existing venture that I have used many times and took it in a new direction. I enjoyed the ability to creatively construct my own venture pitch and bring to (sort of) life one of my ideas. While most products that I use in my classroom have a positive use, there is always something that I’m interested in changing to tailor the product to my needs. One of the things that I particularly enjoyed about this project compared to our A1 assignment was that in attempting to sell the product we could be more positive and passionate about resources and technologies that we have become champions for. I believe this idea is resonate within both my Venture and Elevator pitch.

While the assignment gave the opportunity to express myself, I did encounter some limitations. One of the most difficult aspects of this assignment was creating a realistic pitch centered around a hopeful investment return. I don’t have a background in business so coming up with numbers that were accurate for the product and investors was a challenging task. As a result I think this is the greatest weakness of my project as there is the potential to have gaps in my numbers for investment and return. While this did have its difficulties, I appreciated the chance to not only critically analyze the numbers for my own product, but it gave me insight into what other entrepreneurs, innovators, investors and consumers (school districts, administration, etc.) partake in on a daily basis. While an idea/program may sound it exciting – I’ve realized now there are so many other factors other than usefulness and functionality that contribute to a successful venture and idea. Perhaps I’ll have a little more sympathy for contests on Dragons Den or Shark Tank now.

Since I took an already existing company and took it in another direction, I found it difficult to properly cite my credentials. I was unsure if I should mention I was a (mock) CEO or not.

This was definitely an assignment that took me out of my comfort zone. While I had my ups and downs, I learned a lot about entrepreneurship and about myself. I can sympathize with what a tough business this is and the mental strength that it takes to not take things personally and to keep pushing.

Rating
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10 Aug Posted on A3 – Venture Pitch

FEEDBACK: Your passion and enthusiasm was well presented in your elevator pitch. Your voice was very articulate and easy to follow. I can see how this would be beneficial for students who have texting capabilities like high school and higher education, but not sure how this would apply to younger learners as they may not have cell phones. I'm not sure how young they start carrying around cell phone but I recall mine had one in Grade 5 :)

10 Aug
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Riea Elder @rielder

FEEDBACK: Your passion and enthusiasm was well presented in your elevator pitch. Your voice was very articulate and easy to follow. I can see how this would be beneficial for students who have texting capabilities like high school and higher education, but not sure how this would apply to younger learners as they may not have cell phones. I'm not sure how young they start carrying around cell phone but I recall mine had one in Grade 5 :)

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10 Aug Posted on A3 – Venture Pitch

FEEDBACK: I think that you elevator pitch is very well done and you have given an overview in a very confident and compelling way. I think that your visuals prove your point and help with your pitch. My only recommendation is to discuss how your product competes and stands out from its competitors.

10 Aug
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Shane Turner @sajturn

FEEDBACK: I think that you elevator pitch is very well done and you have given an overview in a very confident and compelling way. I think that your visuals prove your point and help with your pitch. My only recommendation is to discuss how your product competes and stands out from its competitors.

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10 Aug Posted on A3 – Venture Pitch

FEEDBACK: I like the confidence and enthusiasm in your voice ! You sound extremely professional. My only point of concern is that I think the product seems to have a limited scope. Also a stand alone mounted camera rather than a webcam (I assume) would work even better. An Engaging pitch! Good Luck.

10 Aug
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Sayali @sayalit

FEEDBACK: I like the confidence and enthusiasm in your voice ! You sound extremely professional. My only point of concern is that I think the product seems to have a limited scope. Also a stand alone mounted camera rather than a webcam (I assume) would work even better. An Engaging pitch! Good Luck.

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9 Aug Posted on A3 – Venture Pitch

Feedback: I liked the visuals you used in your elevator pitch! It must have taken a lot of time to put so many together, but it looked very professional. Well done! I thought the tone of your voice was great - your passion and excitement comes through! I also liked that you established your credentials right from the start. My only suggestion is to discuss some of your competition and how your product is unique. I think this will demonstrate to the investor clearly what direction you want to take the product and why there is such a need for it. Overall, very engaging pitch!

9 Aug
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syousuf @syousuf

Feedback: I liked the visuals you used in your elevator pitch! It must have taken a lot of time to put so many together, but it looked very professional. Well done! I thought the tone of your voice was great - your passion and excitement comes through! I also liked that you established your credentials right from the start. My only suggestion is to discuss some of your competition and how your product is unique. I think this will demonstrate to the investor clearly what direction you want to take the product and why there is such a need for it. Overall, very engaging pitch!

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8 Aug Posted on A3 – Venture Pitch

FEEDBACK: Great video. Your speaking was clear and concise. You described well what the application would do for teachers, but I was unsure how it was a new venture idea? What distinguishes it from other online polling apps? The video had a nice mix of text and visuals, which was helpful and engaging.

8 Aug
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aviola @aviola

FEEDBACK: Great video. Your speaking was clear and concise. You described well what the application would do for teachers, but I was unsure how it was a new venture idea? What distinguishes it from other online polling apps? The video had a nice mix of text and visuals, which was helpful and engaging.

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7 Aug Posted on A3 – Venture Pitch

Review: Great Elevator Pitch, nice mix of formats that you clearly put a lot of work in to, although your pitch was longer than the one minute limit. I thought it was a smart idea to build on an already proven technology to make it educationally focused. As for your Venture pitch, you have too much text on your slides making it look cluttered. I am wondering why you didn’t record your slides and talk to your points so that you could just highlight your ideas on your slides. In this way you would have been able to say all you wanted to say without overcrowding the visuals. Your work lends itself nicely to recording and as I read on, I am really wishing you had gone that way. I think you identified the pain point in the market well and clearly identified the need for an education version of poll technology. I like how you called it ‘Flipping the Market Gap’. Where things get a little muddled is in the actually explanation of the technology. You’ve put a solid emphasis in tracking student achievement but then say that if a student doesn’t have a phone to use, they can be grouped with another student, but this would allow students to be tracked. Also, most k-7 schools do not allow phones in the classroom so your target market would be better identified as high school and post-secondary. The tiered subscriptions and ‘pay for features’ is a proven model, however it is not clear if this is a per student, class or school cost, and it is unclear as to who is would be paying for this subscription, the school or parents. Your ‘Ask and Return’ seems clear and well thought out but there is a disconnect between the presentation and the investment. I really feel that recording this presentation with your voice and passion coming through would have made this a stronger venture pitch, otherwise your content is great. Recommendation: I could see investors’ being interested in funding your project as this is a proven technology.

7 Aug
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ruddy28 @ruddy28

Review: Great Elevator Pitch, nice mix of formats that you clearly put a lot of work in to, although your pitch was longer than the one minute limit. I thought it was a smart idea to build on an already proven technology to make it educationally focused. As for your Venture pitch, you have too much text on your slides making it look cluttered. I am wondering why you didn’t record your slides and talk to your points so that you could just highlight your ideas on your slides. In this way you would have been able to say all you wanted to say without overcrowding the visuals. Your work lends itself nicely to recording and as I read on, I am really wishing you had gone that way. I think you identified the pain point in the market well and clearly identified the need for an education version of poll technology. I like how you called it ‘Flipping the Market Gap’. Where things get a little muddled is in the actually explanation of the technology. You’ve put a solid emphasis in tracking student achievement but then say that if a student doesn’t have a phone to use, they can be grouped with another student, but this would allow students to be tracked. Also, most k-7 schools do not allow phones in the classroom so your target market would be better identified as high school and post-secondary. The tiered subscriptions and ‘pay for features’ is a proven model, however it is not clear if this is a per student, class or school cost, and it is unclear as to who is would be paying for this subscription, the school or parents. Your ‘Ask and Return’ seems clear and well thought out but there is a disconnect between the presentation and the investment. I really feel that recording this presentation with your voice and passion coming through would have made this a stronger venture pitch, otherwise your content is great. Recommendation: I could see investors’ being interested in funding your project as this is a proven technology.

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6 Aug Posted on A3 – Venture Pitch

FEEDBACK - Hi Courtney, you have delivered your elevator pitch quite eloquently and professionally. Your tone of voice and selling ability is apparent and I’m sure you have worked in sales before! In any case, what I find with your pitch is that I enjoy the video, and I would love to know which software you used to create this. It’s a great idea, but I wasn’t sure if this is an application on the phones and how the polling will be used. The polling is great but I believe there are products out there regarding this already. How will this polling help educators? I think you have what it takes, but it needed a little more for me to want to invest in this product. Perhaps if you mentioned what differentiates your product from the others, and how teachers would benefit would be great, but overall it was a great presentation and well done!

6 Aug
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peteo @peteo

FEEDBACK - Hi Courtney, you have delivered your elevator pitch quite eloquently and professionally. Your tone of voice and selling ability is apparent and I’m sure you have worked in sales before! In any case, what I find with your pitch is that I enjoy the video, and I would love to know which software you used to create this. It’s a great idea, but I wasn’t sure if this is an application on the phones and how the polling will be used. The polling is great but I believe there are products out there regarding this already. How will this polling help educators? I think you have what it takes, but it needed a little more for me to want to invest in this product. Perhaps if you mentioned what differentiates your product from the others, and how teachers would benefit would be great, but overall it was a great presentation and well done!

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6 Aug Posted on A3 – Venture Pitch

Feedback: Powerful elevator pitch Courtney! Your voice was clear, concise and you shared the key points about your venture. As previously mentioned, the addition of graphics and reduction of text on your slides could improve the flow and enhance the quality of your venture pitch. Great work! Monique

6 Aug
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sheljon @sheljon

Feedback: Powerful elevator pitch Courtney! Your voice was clear, concise and you shared the key points about your venture. As previously mentioned, the addition of graphics and reduction of text on your slides could improve the flow and enhance the quality of your venture pitch. Great work! Monique

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5 Aug Posted on A3 – Venture Pitch

FeedBack: Hi courtney oc! I have to say that I really enjoyed your elevator pitch. A real strong quality that it has is your confidence in your product and your framing the venture as already being successful. I think it makes the prospective investor feel more attraction to your product. The only thing that I could think of to give constructive feedback about is the amount of information in your slides in the your Venture Pitch. Often less is more and maybe some graphics to break up the information or part of the material in point form might make the presentation a little stronger. Awesome job! Chad :)

5 Aug
0 Thumbs Up!
tobin4 @tobin4

FeedBack: Hi courtney oc! I have to say that I really enjoyed your elevator pitch. A real strong quality that it has is your confidence in your product and your framing the venture as already being successful. I think it makes the prospective investor feel more attraction to your product. The only thing that I could think of to give constructive feedback about is the amount of information in your slides in the your Venture Pitch. Often less is more and maybe some graphics to break up the information or part of the material in point form might make the presentation a little stronger. Awesome job! Chad :)

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