REVIEW: Hi Nidal, I also thought your ve…

REVIEW: Hi Nidal, I also thought your venture pitch was impressive, but I agree with others that you don’t seem quite as enthusiastic about your product in your elevator pitch (which I can understand, my venture pitch took about 200 takes before I could speak for a minute in front of the camera without messing it up). I thought your idea was interesting, and that the combination of a classroom management system within an LMS would appeal to potential school boards (especially in the markets you outlined). The one question I have is that while you outlined the investment you are looking for, what percentage of the equity will you be offering in return? Based on the amounts of funding that are going into current ed tech ventures, I don’t think 1.5 million is excessive, but will I be receiving 10%, 20%, etc. of the equity? In addition, I liked the way that you differentiated your product from existing solutions and, by showing the history of the Kalboard team, I felt like I would be investing in competent people that have experience in the industry. RECOMMENDATION: If I can get a decent percentage of equity in return for 1.5 million, I would invest.