Upon viewing the pitch I wanted to inves…

Upon viewing the pitch I wanted to invest. I was definitely impressed with the pitch and felt that the CEO had outlined why StudySoup would be a solid company to invest in. The pitch definitely had a clear pain point and solution — students can create and sell study notes / guides to sell to other students to help increase efficiency at university. Seems like a brilliant idea that piggybacks on the Colesnotes literary study guides that were popular back in the 90s and early 2000s – the only difference being that students are the curators of their own study guides and ultimately getting paid for their work in a digital database. In addition to the pain point and solution, the CEO does a wonderful job of showcasing the companies incredible growth in a short period of time. It certainly got me excited and led me to believe that the return of a potential investment might be worth my time and money. However, after a quick google search, I found many negative reviews posted by students who utilized the service complaining that the company was a scam and did not pay students for their work. This definitely put a damper on my excitement and ultimately led me swayed me away from investment. So for me, only after a bit more research – this is a ‘stay clear’ no investment here.