No, I will not invest in this program. F…

No, I will not invest in this program. First of all, the presentation of the pitch sounds like an advertisement on TV with high-definition images for me. None of the founders, engineers or managers showed up presenting the products. Secondly, as far as I know, the pain point–electronic devices need charging and people are tired of too many wires, has been caught by other products in the market. For example, the “portable power bank” has been ubiquitous in Chinese market which has entered the price competition stage. It costs only USD20 to get one “portable power bank”, which is light, need no long wires and can be carried onto airplane and everywhere. Besides, capital has been poured down to a new area called “shared portable power bank”. If people did not want to carry a “portable power bank” in their bags, they could get a “shared” one at the nearest station which is everywhere in shopping malls, hospitals, bus stations and other public areas. Scan a QR code, paid RMB 1 as deposit and get one to go, after that you could return it at anytime at any stations at your convenience. How much does this WattUp cost? WattUp may be better products than portable power banks, but is the price good enough for people to upgrade to WattUp? This information is critical. Thirdly, how much do you need me to invest in this program. I need to know at this very early stage because I have to evaluate if my investment could be earned back before the more advanced battery created and produced. There are a large number of battery supplying companies, high-tech companies or laboratories in the world are working on producing a “super power” which lasts longer and needs charging less frequently. All of those organizations could be potential competitor or terminator to WattUp. If that day comes, where does WattUp plans to go? If that was planed to be the destination of the program, can I get my initial investment back by then? I doubt that. Overall speaking, this presentation is too commercial-like. It lacks too much critical information about the market, the competitors, the technology background.