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ETEC 522 – Ventures in Learning Technologies
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  • W01: Emerging Markets
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  • W02-04: Bootcamp
    • Global Dynamics
    • Who is the Customer?
    • What is a Venture?
    • 👥 Opportunity Horizon
    • W03: Analyst Bootcamp
    • A Game with Three Pitches
    • Deconstructing a Pitch
    • 👥 Pitch Critique
    • W04: Entrepreneur Bootcamp
    • Venture Genesis
    • Opportunity Activation
    • The Right Stuff
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  • W05-12: Opportunity Forecasts
    • W05: Personalized Learning
    • W06: Mobile Learning
    • W07: Game-Based Learning
    • W08: Big Data & Learning Analytics
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Joyce Chan

Joyce Chan

I’m a lifelong learner who is passionate about helping other lifelong learners on their journey.

SAI – Venture Pitch and Elevator Pitch

By Joyce Chan on November 28, 2016

Hello, Here are my pitches for my venture, SAI, an e-learning authoring tool that leverages personalization algorithm to offer constructivist and personalized learning for K-12 students. Venture Pitch: https://youtu.be/DV-LUcz7aZo Elevator Pitch: https://www.youtube.com/watch?v=8y6rcugL-HU I’d love to hear your feedback! Thanks, Joyce

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Week 11: Experience Design (XD)

Week 11: Experience Design (XD)

By Joyce Chan on November 13, 2016

Welcome to Week 11  on Experience Design. Imagine a world where learning experiences engage all your senses. Imagine a world where learning is a memorable experience. Imagine a world where the learning moves beyond a mere transference of knowledge to become a shared learning experience for everyone.   Design is that thin layer that connects […]

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Coursera: A Competitive Analysis

By Joyce Chan on October 14, 2016

This is my competitive analysis of Coursera as a e-learning venture.  It is compared against Lynda.com and Udacity.  I would love to hear your thoughts and feedback! http://joycehlchan.wixsite.com/competitive-analysis

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LearnUp

LearnUp

By Joyce Chan on September 26, 2016

VENTURE: LearnUp (Est. 2012)   LearnUp is a service provider that prepare American job seekers and connect them with employers.  They use technology to provide entry-level job seekers with job-specific training, job coach support, and interview preparation and scheduling to help them get hired.  They also continue to provide support to job-seekers after they are […]

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Learn Education (Thailand)

By Joyce Chan on September 25, 2016

Learn Education is a company that proposes to implement blended learning technology tools to help teacher provide quality education to students in science and math subjects in order to improve the Thailand’s poor academics. NOTE: This pitch was given for a competition where prizes were already predetermined amounts so there is no ask in this pitch […]

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Hello from Ottawa!

Hello from Ottawa!

By Joyce Chan on September 10, 2016

Hello! My name is Joyce Chan.  This is my 6th/7th course in the UBC MET program (I am taking two this semester).  I received my undergraduate degree from the University of Toronto with a specialist in English and a minor in History.  I also received a certificate in business through U of T’s Rotman School […]

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2 Dec Posted on ClassMaster Gameful Design Platform

While gamification is a hot topic for the future of education, as an EVA, I would not invest. Education games have not done well to date and I think that part of it is because students are very conscious of the fact that the game is trying to get them to do something, where as the motivation in playing games for fun is much more subconscious. I'm also trying to understand how this would work for a classroom where not all the work may be computer-base. I really liked your character sheet though and can see students enjoying having a character and attributes, items, and badges.

2 Dec
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Joyce Chan @jhlchan

While gamification is a hot topic for the future of education, as an EVA, I would not invest. Education games have not done well to date and I think that part of it is because students are very conscious of the fact that the game is trying to get them to do something, where as the motivation in playing games for fun is much more subconscious. I'm also trying to understand how this would work for a classroom where not all the work may be computer-base. I really liked your character sheet though and can see students enjoying having a character and attributes, items, and badges.

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2 Dec Posted on I really liked your pitches, Joyce! Very…

Hi Galina, thank you for your comment. SAI is an e-learning authoring tool at heart which is why Captivate and Storyline were used as competitors, focus was on personalization as it is one of the main things that other e-learning tools do not offer. However, I can see it scaring teachers away and as Bryan pointed out, this is a product more appropriate for instructional designers than teachers. Yes, a demo to show the product in action would be helpful and I will include that in future pitches. Thanks!

2 Dec
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Joyce Chan @jhlchan

Hi Galina, thank you for your comment. SAI is an e-learning authoring tool at heart which is why Captivate and Storyline were used as competitors, focus was on personalization as it is one of the main things that other e-learning tools do not offer. However, I can see it scaring teachers away and as Bryan pointed out, this is a product more appropriate for instructional designers than teachers. Yes, a demo to show the product in action would be helpful and I will include that in future pitches. Thanks!

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2 Dec Posted on SAI seems like a solid idea in principle…

As well, thank you very much for the video. I was not aware of this initiative by D2L and it is fascinating! Thanks for the share.

2 Dec
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Joyce Chan @jhlchan

As well, thank you very much for the video. I was not aware of this initiative by D2L and it is fascinating! Thanks for the share.

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2 Dec Posted on SAI seems like a solid idea in principle…

Hi Bryan, thanks for your feedback. You are right, this is a product more appropriate for instructional designer. As an instructional designer myself, I am remiss to not have included my own trade as a target audience. I will certainly rethink my marketing strategy. Yes, this product would have to be hosted on an LMS, but my competitors in the e-learning authoring tool industry (Captivate, Storyline, Lectora, etc), do not provide LMS either. If you were to think of this is a cabinetmaker's workshop, I am looking to sell the tools rather than the entire workshop itself, because as you pointed out building and running an LMS is a massive undertaking, not to mention extremely expensive.

2 Dec
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Joyce Chan @jhlchan

Hi Bryan, thanks for your feedback. You are right, this is a product more appropriate for instructional designer. As an instructional designer myself, I am remiss to not have included my own trade as a target audience. I will certainly rethink my marketing strategy. Yes, this product would have to be hosted on an LMS, but my competitors in the e-learning authoring tool industry (Captivate, Storyline, Lectora, etc), do not provide LMS either. If you were to think of this is a cabinetmaker's workshop, I am looking to sell the tools rather than the entire workshop itself, because as you pointed out building and running an LMS is a massive undertaking, not to mention extremely expensive.

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2 Dec Posted on Your SAI (Students as Individuals) pitch…

Hi Brenda, thank you for your review. I agree, a demo would be helpful and persuasive. In future pitches, I will certain include some. Thanks!

2 Dec
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Joyce Chan @jhlchan

Hi Brenda, thank you for your review. I agree, a demo would be helpful and persuasive. In future pitches, I will certain include some. Thanks!

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2 Dec Posted on Your venture is quite interesting but I…

Hi Andrew, thank you for your feedback. The $120 would be paid by the user, this may be the school board, school administration or individual teachers. I can understand users feeling overwhelmed and that if this product was to continue, tutorials and an accessible product support team would be advantageous. Thanks again!

2 Dec
0 Thumbs Up!
Joyce Chan @jhlchan

Hi Andrew, thank you for your feedback. The $120 would be paid by the user, this may be the school board, school administration or individual teachers. I can understand users feeling overwhelmed and that if this product was to continue, tutorials and an accessible product support team would be advantageous. Thanks again!

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2 Dec Posted on A3: Second Language Innovations

Both your elevator and venture pitch were attractive, but I am unable to invest in this venture. I did not get a strong sense of how your product were different from your competitors. Second language learning is a very competitive field and I would be concerned as to the viability of this venture compared to all the second language learning options that already exist.

2 Dec
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Joyce Chan @jhlchan

Both your elevator and venture pitch were attractive, but I am unable to invest in this venture. I did not get a strong sense of how your product were different from your competitors. Second language learning is a very competitive field and I would be concerned as to the viability of this venture compared to all the second language learning options that already exist.

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2 Dec Posted on welcome to go+here – a new way to see the world

I enjoyed your creative elevator pitch and you've given some great details to this pitch and I particularly like the fact that the reading level will be adjusted to the user. Unfortunately, I would not be able to invest in this venture as I feel that some more details need to be fleshed out. Firstly, I feel that you may be facing some strong competition with the push for virtual reality to be used in museums (i.e. the British Museum launched it for a weekend trial last year). While your technology would be cheaper, technology tends to decrease in price, and as VR decrease in price, how will your product stay competitive? Secondly, you mentioned that users can turn off the functionality to view gift shop items. This sounded like from your pitch a major point to your venture to increase revenue through gift shop sales. If that is the case and the functionality can be turned off, how would this impact the attraction of revenue generated by your potential buyers? I can see a lot of potential for your gamification portion, but I would be cautious about the game itself. How would you ensure that the user is experiencing the museum/park and not caught up in the game?

2 Dec
0 Thumbs Up!
Joyce Chan @jhlchan

I enjoyed your creative elevator pitch and you've given some great details to this pitch and I particularly like the fact that the reading level will be adjusted to the user. Unfortunately, I would not be able to invest in this venture as I feel that some more details need to be fleshed out. Firstly, I feel that you may be facing some strong competition with the push for virtual reality to be used in museums (i.e. the British Museum launched it for a weekend trial last year). While your technology would be cheaper, technology tends to decrease in price, and as VR decrease in price, how will your product stay competitive? Secondly, you mentioned that users can turn off the functionality to view gift shop items. This sounded like from your pitch a major point to your venture to increase revenue through gift shop sales. If that is the case and the functionality can be turned off, how would this impact the attraction of revenue generated by your potential buyers? I can see a lot of potential for your gamification portion, but I would be cautious about the game itself. How would you ensure that the user is experiencing the museum/park and not caught up in the game?

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2 Dec Posted on Assignment 3: Venture Pitch for MyStory App

As an EVA, I would invest in this venture. Excellently executed videos and great pitches in general. I appreciate your identification of a niche market, but I think the numbers you provide shows that despite the seemingly small 2% of the population, in the grand scheme of things, this 2% translate to a large number of people who can make use of this product. I like that the character can be superimposed into the user's environment. However, when it comes to the video, would it simply flipped back to the originally illustrated story? If not, how would you determine where things are in this new scene? (i.e. every user's bathroom may have their shower in a different location, or the public bathrooms may have different numbers of urinals). Great job, Jason. I wish you every success with your venture.

2 Dec
0 Thumbs Up!
Joyce Chan @jhlchan

As an EVA, I would invest in this venture. Excellently executed videos and great pitches in general. I appreciate your identification of a niche market, but I think the numbers you provide shows that despite the seemingly small 2% of the population, in the grand scheme of things, this 2% translate to a large number of people who can make use of this product. I like that the character can be superimposed into the user's environment. However, when it comes to the video, would it simply flipped back to the originally illustrated story? If not, how would you determine where things are in this new scene? (i.e. every user's bathroom may have their shower in a different location, or the public bathrooms may have different numbers of urinals). Great job, Jason. I wish you every success with your venture.

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2 Dec Posted on Assignment #3 – Virtually Safe

As an EVA, I would be interested in investing in this venture. Your pitches are to the point and well put together (I particularly appreciated the demo), and you've clearly outlined the pain point and market opportunity. As mentioned by previous EVAs, I am concerned about the low price point not being able to cover the cost of operations. Another concern, also previously mentioned is the lack of understanding that some seniors may have in regards to technology such as smartphones. A suggestion is that a tech support line can be made available for paid versions and maybe a pre-recorded tutorial for the free version. (Not sure if your live video chat was for tech purposes or strictly for the assessment.) I also agree with Joshua about the name. I am also curious if there is any alternative available for seniors without smartphones. Overall, great product. Good luck!

2 Dec
0 Thumbs Up!
Joyce Chan @jhlchan

As an EVA, I would be interested in investing in this venture. Your pitches are to the point and well put together (I particularly appreciated the demo), and you've clearly outlined the pain point and market opportunity. As mentioned by previous EVAs, I am concerned about the low price point not being able to cover the cost of operations. Another concern, also previously mentioned is the lack of understanding that some seniors may have in regards to technology such as smartphones. A suggestion is that a tech support line can be made available for paid versions and maybe a pre-recorded tutorial for the free version. (Not sure if your live video chat was for tech purposes or strictly for the assessment.) I also agree with Joshua about the name. I am also curious if there is any alternative available for seniors without smartphones. Overall, great product. Good luck!

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