VR HelloChinese

Super cool idea. Coming from the field of second language learning myself, I appreciate the need for language learning to be immersive and to reflect real life scenarios reflective of the culture as well. The novelty VR brings to language learning in that it is an immersive learning experience with the ability to simulate and stimulate use of language without stress so it is a great idea. The website was very informative. I like the development plan you lay out. Here are some additional EVA questions/suggestions/comments I have. Some related to the pitch and some to the actual product: 1) The elevator pitch could use some sprucing up. In an actual elevator pitch it’s just you and your ideas and words and how you present and sell them in 60 seconds. But we can’t ignore the fact that this is a digital pitch and so even something visual in the background like a picture representing Chinese mandarin culture or wearing some type of traditional garb could add some flare. 2) I think the price might deter people. Is it so expensive because of the VR? I would be skeptical to invest because I am skeptical people would invest so much for a year on an app to learn a language. 3) You say it is suitable for anyone learning the language. However, we know that language is acquired differently between the ages 0-10 and later on in life. I would have liked to see you address the different methods suitable for children in distinction to later stage language learning. 4) I like that you offer the two modes. VR,AI mode: did you consider including a recording option so that students can hear themselves and assess their own progress? Self assessment is huge and very helpful. Even when I work with teachers, I have them record themselves teaching and then we go over the lesson together I have them look for strengths and areas that need improvement. The option to record might be something that could distinguish your venture from other similar programs out there (?). VR LIVE mode: Just wondering why this would need to be with VR? Since it is a scheduled lesson, wouldn’t a regular video chat with the instructor be sufficient? If VR is beneficial here as well, maybe clarify why and how. Lastly, I enjoyed reading your reflection. It was personal and candid. Good luck!

Somehow, I lost everything that I have written on this post... oh well, I will start over.. I just wanted to say that your venture is very well organized and well created! I enjoyed going through your website and your venture pitch included detailed information that helped me to understand more about your venture. I know there is a lot of applications out there already but depends how well the application works for individuals. I have previously tried few free application but there are not many features that worked for me. I think your venture has fun and exciting material where learners can learn mandarin without feeling pressure. One suggestion for you is that the price might be little expensive to attract more people. To compete with other free application, reducing the price might help. Thank you for sharing your venture! Great work!

REVIEW: Hi Silvia, your venture is professional and well thought out. The style of your website really matches your fun and passionate persona. You have done a good job in identifying the market, but I think you can improve this even further by explaining that this market is also growing. I think a good area to discuss might be the idea of globalization. You are right that there are a lot of language learning apps out there, but I don't think you need to be intimidated that your venture here is unoriginal, as you've described in your reflection. I don't think the existing language apps out there are providing experiential learning as with VR HelloChinese. I think the idea is fantastic because you are right, language learners need authentic ways to practice communicating and this only happens in real conversations. It is good that you provided investors with a timeline of your company's development, however, I think that timeline is too rushed. I think it takes more than 9 months to build a robust product. Overall, your idea and plan is exciting and I would invest in VR HelloChinese!

REVIEW: Hi Silvia, I really liked your idea for extended the program your group mentioned into the virtual reality realm! Your pitch was great and I feel like your venture pitch was incredibly detailed. I liked how you included information on everything from who this product is geared towards to your plan for the program and the types of offerings it provides. My only suggestion for improvement would be to include what you plan to use the money on. Overall, I think you did an exceptional job on this assignment and yours is a venture I would definitely invest in! Way to go!

Hello Silvia, I enjoyed your venture pitch greatly. I can certainly appreciate the importance of practicing the language in a comfortable environment, and the use of VR to accomplish such an environment is a good step forward. As a follow-up question pertaining to the funding portion of your assignment, you ask for $100 initially, followed by $300/year. Could you clarify where the $300/year will go towards? I am also in agreement with my colleague that the cost may be a little high. As well, as a potential investor, would it be possible to invest in just the AI or the Live separately, or do both come together? This would make your product more enticing, as consumers now have options of what feels best for them to have. Overall, a great idea and a thoughtful pitch.

Hi Silvia, could you flush out your reasoning for a $300USD per year for a subscription? This seems erroneously high