Unlimited Tomorrow

I would invest in this Unlimited Tomorrow. The market need and ask are clear. The storytelling and science are blended together in a way that captures your interest and emotion. The CEO is engaging, informed, confident and human. I appreciate the the way he pitches the company's current need and how he frames the ask. And the detail about the company, its values and evolution feels authentic.

Yes, I would invest in this company. The pitch is well designed with a clear pain point - the fact that other prosthetics are super expensive, mass produced, unpersonalized, and ultimately ugly! This product offers a solution to all these prosthetic pain points. The pitch is also genuine, emotionally provocative, believable, and addresses a niche market where the competition is quite narrow. The pitch does a solid job of identifying the market, identify's and showcases the company's history, ability, and commitment to prosthetics, is very clearly about the current limitations, and thus offers a clear 'ask' to potential investors. Finally, the CEO is credible, venture concept is personalized and feasible, the opportunity space is presented well with little competition given the personalization and cheaper price point by comparison to the competition. The product is already proven and is market ready. It simply needs additional investment to scale up production to reach more customers, more quickly.

In reviewing the pitch, I feel I would want to invest for the sole fact that it is such a noble venture, despite the slight boringness of the inventor/pitchman. I believe he really knows his stuff, but he is also a bit vague when discussing the piece about people who've offered him devices (ie: Microsoft and people contributing their own time). I wonder if these people have invested. Because Neil Degrasse Tyson is shown, is he also an investor/promoter? I'm not sure. I feel another thing missing from this pitch is the reaction from those using it. I see a couple scene with children smiling and using the prosthesis limitedly, but what can they say about it as they are the ones using it, not Mr. LaChapelle. From what I see, Mr. Lachepelle is very much still at the beginning of his journey as there is limited financial information shared and who else he is working with other than the vague mentions as shared above. Has he sold any devices or are any in use for long-term evaluation? We don't know because we see little-to-none of it in the video. It doesn't take long for me to go online and find other (much larger) companies working on these "bionic" devices as well. Mr. LaChapelle doesn't do a great job in sharing what sets him apart from others and what he bring what they don't. He knows what he's talking about but I wonder if maybe he'd be better off selling his technology to a larger company. Now that I think about it, I wonder if this venture is for the sole purpose of building up his market value to do such a thing... All in all, not bad, but I don't believe it's 100% ready yet either.

I /want/ to invest in this venture, however, there are a couple of points that are not sitting well with me. The bits of the pitch that won me over was from the CEO and entrepreneur, Easton LaChappelle. There is no question that he commands domain expertise, passion, and commitment to the project. As my classmates have pointed out, however, his team has yet to be firmly grounded. Having self-help guru, Tony Robbins as a mentor and investor, lends this venture some credibility, but where is everyone else? Who's marketing? Who is the financial officer? Who is ??? As mentioned in our learnings this week, it is not common to have the entrepreneur take on every role. In addition, his pitch may have won me over some more, had he had a record of more sales. Fitting one girl, is hardly what I would expect as having a solid sales record. Having customers that had tried his competitors product, then his, would have produced some more convincing stories and metrics. With the documents on the Microventures website, I was able to locate information regarding potential "Treasure" for investors, so all in all, it seems as though this pitch has Trouble (Pain), Technology and Treasure covered. But at the end of the day, his presentation is weak on two of the five T's (Team and Traction), and for that reason, I would hesitate to invest in a major way. His story is very compelling and inspiring, granted. If I had money oozing out of my bank accounts, perhaps a small investment would be OK, but I would not be "all in".

Yes, I would invest in this venture. He is very articulate, identifies the pain points, the cost and use of the product itself and its background in development. He is definitely very passionate about this even stating that investing in his company would be more than (then he points out the specific technological aspects that are required to create the prosthetics) but investing in the actual people "who see the day with both hands". I know investors will definitely look beyond the passion the creator has, to the actual product itself, but Easton does such a great job connecting the two. One critique I have of the actual video is that he never introduces himself. This product is a reflection of him, so I think his name would be very important. They could easily insert it as a lower third title (as they did with Momo).

Yes, I would invest in this venture. CEO Easton has combined the elevator and venture pitches into one all within 3 mins, give or take a few. Interestingly, with 30,000,000 people worldwide in need of prosthetic limbs, and many of these individuals could be children. Easton articulately conveys double-headed pain point -- high cost and low functionality, and then convincingly reviews his garage-lab designed low cost, high functionality device, making it much more effective and accessible to the 30,000,000 people in need. Easton identifies the need to hire a high calibre team to accelerate growth (sales, marketing, product engineering, distribution, fabrication, etc..). He has established his market readiness and indirectly addressed his product differentiators that will support his customer product acceptance. While he does not address an exit strategy, this is not a deal breaker, because his motivation is convincingly altruistic. I would like to have a cup of coffee with him to dig more deeply into the technological challenges and plans to overcome these.

YES, I would invest in this venture. This pitch clearly identifies the pain point which is prosthetic limbs are too costly and not as user friendly as one the CEO is able to design and create. The CEO seems very driven and passionate about helping others and creating the best product on the market. The video clearly outlines how superior the product is when comparing it to its competition. The innovation in the product is growing by the day but is unique compared to the competitions prosthetic. The team behind the CEO seems to be very small because the company is based out of his garage and he said he has had a hand in every prosthetic he creates. The CEO is receiving help from engineers at Microsoft and various other companies to help this product which could lead to positive results in the near future. This is a very niche market which is only beneficial to those who are requiring a prosthetic, however, the technology could be used elsewhere in the robotics field. I believe that this venture will take time to become more profitable, however, I do think it will be successful soon due to the advancements in robotics and computer aided design. The destination for this product is very clear and focused. It is aimed at creating the best prosthetic on the market that will help those who require them at a much lower cost. I do believe this investment is a risky one because if a large-scale company had the will to target this small market, it would be able to invest more time and man power into this project. The CEO is a person I could see making a real difference in this market and I believe he has the will to do so. The CEO stated they are in need of investments to scale up production. I do believe the success of the company would be more likely if they were able to receive more funding.