REVIEW: Bravo Yuki, for an excellent ele…

REVIEW: Bravo Yuki, for an excellent elevator pitch. I hopped that you will continue the venture pitch in the same manner, but you missed the narration that gives the dynamics and energy to the pitch. Investors like to hear the pitcher real voice to get a sense of passion and energy of the venture presented. Anyway the pitch covers the most important aspects of your venture, though your problem statement is little bit exaggerated. If the problem of faculty handling tablets and mobile devices was huge a few years ago, that problem diminishes year by year, so you may be losing you markets accordingly. Your statement of faculty members in institutions is right, but you should not readily infer that they all have problem with mobile technology skills. That percentage is constantly dropping due to in house training initiatives, as the institutions require those essential mobile tech skills for teaching with the technology, a must in 21st century. Also, you missed the opportunity to scan the competition more thoroughly, mentioning just two players, but there are hundreds of well established companies from local to regional, state and on the world level that do exactly what you would like to, so it may be your barrier to entry into their markets. Your ask is a little bit too high, $500K seed would work. You could have project your development in few phases and ask more altogether, and definitely state how the proceedings will be used, and the returns. That is crucially important for investors. If those questions are not addressed, they may assume that you and your team do not care about the business development, but just about your salaries and profits. Anyway, the venture is good, fix it as suggested and you will impress the investors and take off with the seed money. I hope that this review is going to be quite useful to you. Regards, Milorad.