Attendees: Taryn Anderson, Daniel Serrano, Kate Irish, Michael Ravitch, Dan Chiev, Josh Kovalik, Collie Turner
Collie: Some angel investors to that would love to have conversations
- To send contact info to investors
- They are or had angel investors
Kate: Already working with a legal representation
- Is it presumptuous if we ask contacts to sign NDA?
- Collie: No it’s not presumptuous, everyone expects it these days
Michael: Would you, Collie, take a look at the data slides we have and give feedback?
- Collie: Yes. And how are you baking the data from survey into data? What are the statements that will come out of this?
Kate: Talked with her dad and neighbors and they are interested in the digital/mobile capabilities.
Michael: They have to spend all the money on the beaches that the beach tags take in.
- Daniel: Economies of Scale
Kate: Should we share the prototype? Michael: Collie, should we play our hand and share out prototype?
- Collie: Be prepared to go both ways and show or not show
- No more than 10 slides plus Dan’s demo.
- Highly visual, what the issue is based on research, pull out the pain points until you see it in his face, is what we’re saying resonating, pause to give him time .
- Look at it with a 360 degree view.
- Set up the Who, the why, and go right into the demo.
Kate: Video Chat? I can potentially take a day to go to the meeting.
- Collie: First meeting is critical, might need to go in person.
- Follow up with “Viewed it” video is a demo and a traceable link.
Daniel: We still need an programmer.
- Collie: Friend started his own company Rubric – Nate from Durham, NC. Was a principle of modality.
Taryn: Are we prepared to answer “when will this be ready”?
- Kate: With technology changing so quickly we need to do this quickly.
- Daniel: Taryn when you meet with Nate, might need to check with him about developer timelines
- Collie: From a programming prospective – high level timeline: “within 60-90 days we’ll be here”, “within 6 months we’ll be here”
- All you’re offering is the 1.0. In my company we release 33 different versions a day.
- Investors are going to ask who already wants us and then they’ll give cash.
Michael: How much do we have to worry about killing ourselves over this for an investors?
- Collie: Talk with the investors
How are you going to marry the survey information and data?
- Josh: capture some quotes and raw insights.
- Collie: Insights can be convincing, pulling out the story.
Kate: How much do we give in the presentation?
- Daniel: We’re giving them convenience
- Collie: You want them to know “this is what’s compelling”, take it outside of the tag, “this is how much money you have coming to your beach”
Josh: Need to figure out the story we want to tell different stakeholders
- Collie: add a presentation on for potential advertisers and a media kit (and a leave behind…but not paper, maybe virtual – send people a link with a username and password for a week)
- In presentation: Why are we here? When did we start, what did we use to get here? We’re not a corporation, were a team of individuals and where do we come from. What we’re trying to achieve at Temple as the second class
- Presentation versions: Class, Capstone, Investors, and Advertisers
Collie: to send examples of insights, send Kate angel investor contact, connect Taryn with Nate, connect with Michael on what he has for data now. Also to send sample timelines
Taryn: Get signed NDAs.
Collie: Put in a conference line and a webex line in case he wants to bring in anyone.