Watch and Learn From This Startup's Pitch to VC Tim Draper

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  • เผยแพร่เมื่อ 12 ธ.ค. 2024

ความคิดเห็น • 79

  • @AnkitArora1
    @AnkitArora1 4 ปีที่แล้ว +24

    I salute Tim for his patience

  • @klhmia
    @klhmia 7 ปีที่แล้ว +80

    "Watch and Learn" what not to do.

  • @tenniswithric
    @tenniswithric 6 ปีที่แล้ว +15

    When the founder said Facebook and Google couldn’t do it, it’s quite a turn off. Point is big firms could do it, it’s whether or not it’s a big enough market for them to spend millions or they already had a better way of doing something

  • @vngenius
    @vngenius 6 ปีที่แล้ว +53

    a good example of what not to do in a pitch

    • @al-zayyadnalado118
      @al-zayyadnalado118 2 ปีที่แล้ว

      Interesting you say that, because I'm a computer science student with not much knowledge in pitching and even I sensed this wasn't a good example of a pitch. The idea was cool, but the presentation was bad.

  • @andrisdanyi
    @andrisdanyi 9 ปีที่แล้ว +14

    if i held this presentation at uni for my enterprise class i think i would have gotten about 50-55%. Clearly the company isn't gonna make bank from the golden pins.

  • @mikepinola7569
    @mikepinola7569 8 ปีที่แล้ว +22

    "People stay on the app just to get the loyalty points" -- okay next.

  • @Cenot4ph
    @Cenot4ph 9 ปีที่แล้ว +24

    No clear idea on their business model and how it will affect usability of the product.

  • @janiquanettles3015
    @janiquanettles3015 5 ปีที่แล้ว +2

    Thank you posting your pitch to the extraordinary Tim Draper! Great job guys! I am greatly understanding and utilizing the portion regarding your application metrics. Best wishes for your future success! ✨🙏

  • @adrianjason13
    @adrianjason13 6 ปีที่แล้ว +2

    The Geolocation is just a bit intrusive for me. I mean you can just make use of tags and probably make use of geolocation to set your present city upone registration, but they don't necessarily have to know where exactly I am, whenever people are searhing for activities etc..

  • @AdityaParabDC
    @AdityaParabDC 7 ปีที่แล้ว +8

    I didn't wanna point this out, but couldn't be unheard @3:38

    • @ev2938
      @ev2938 4 ปีที่แล้ว

      LMAOO

  • @akumabear
    @akumabear 8 ปีที่แล้ว +16

    i think the back end idea is golden, but the app is bad, ugly, and features are not thought over. Classic great idea bad research, bad validation, and bad execution to actually make the great idea to a great product...

  • @osamaaftab4237
    @osamaaftab4237 7 ปีที่แล้ว +14

    The body gesture of that red shirt guy is so bad and free style.

  • @jarrodmagnusson4101
    @jarrodmagnusson4101 2 ปีที่แล้ว

    On Dragon's Den there was a guy that pitched the same idea but with Basketball. It's identical.

  • @kingtrawal
    @kingtrawal 10 ปีที่แล้ว +12

    sure do love that TWEETER

  • @jaygolds46
    @jaygolds46 5 ปีที่แล้ว

    doesn’t feel like they really market tested the idea and more so the UI?
    if it was based around the entire ecosystem of volleyball (equipment & meetups) it would be more juicy IMO

  • @ShawnMurray
    @ShawnMurray 8 ปีที่แล้ว +30

    The UI is ugly as hell.

  • @christophermorris7742
    @christophermorris7742 9 ปีที่แล้ว +9

    I can do this, i can do that. This is whats happening this week, this is whats happening next week. 'Apparently' my market that i know a lot about buy this thing for some reason, 'apparently'. Very rude, very arrogant about his market, not prepared to admit any faults.

  • @ABthatMan_
    @ABthatMan_ 6 ปีที่แล้ว +2

    Man all I need is the opportunity to get in front of this guy.

  • @mohand088
    @mohand088 3 หลายเดือนก่อน

    I thought the presentation went well, except for when he claimed that Google and Facebook can't do proximity with their privacy feature. I respectfully disagree; it is not that they are unable to do so; rather, they have chosen not to. So, when selling your idea, make sure not to oversell it, as the audience will notice.

  • @MMVTW
    @MMVTW 9 ปีที่แล้ว +14

    Let the damn investor talk, stop interrupting far out this is annoying.

    • @mohameda7585
      @mohameda7585 9 ปีที่แล้ว +1

      the owner, the guy in the pink shirt is not good sells person. Its very important to listen or not seem needy for approval. It should be the other way around, he should have just aroused an interest in the investor and only answer the questions the investor asked. I find the other guy more interesting because of his short and on point answers.

    • @EvaGreenFanPennyDreadful
      @EvaGreenFanPennyDreadful 9 ปีที่แล้ว

      Mohamed Somali he did fine. It's difficult to pitch.

    • @mohameda7585
      @mohameda7585 9 ปีที่แล้ว +1

      Karen Devine yes Karen, I can understand.

    • @allanmoreno6333
      @allanmoreno6333 9 ปีที่แล้ว +5

      Karen Devine Pitching an investor is not hard. Having an investable business idea is hard.

    • @djpete2009
      @djpete2009 7 ปีที่แล้ว

      That is my main bugbear with people who pitch. ALLOW the Vc to completely finish speaking!

  • @yellowjag
    @yellowjag 8 ปีที่แล้ว +3

    How did this sad confusing idea ever get in front of Tim Draper??

    • @mahdirasouli6005
      @mahdirasouli6005 8 ปีที่แล้ว +3

      it was not sad. the main idea was very interesting, I think.
      but the business plan and revenue channel was really bad

  • @chunkemonke398
    @chunkemonke398 6 ปีที่แล้ว +5

    A social media app isn't meant to blow up if you intentionally create it. Facebook, Snapchat, and TH-cam were made for fun and the people who created it had no idea it is going to be a huge company. Google+ and Apple Music was intentionally made and look where it got them.

    • @rohitgulati2500
      @rohitgulati2500 6 ปีที่แล้ว

      Yes.. you are right..

    • @mauriceyi1
      @mauriceyi1 5 ปีที่แล้ว

      absolutely right i made a app that's for fun! its addicting and all about meeting people to have sex! it sells! watch out for this app coming out!

    • @Blatt.online
      @Blatt.online 3 ปีที่แล้ว

      What about Twitter
      It was intentionally made...

  • @zeedeo_
    @zeedeo_ 5 ปีที่แล้ว +1

    There is a lack of clarity in whatever the purpose of this app. I like the fact that you can engage with people for activities, however, the business model is not quite there.

  • @kingtrawal
    @kingtrawal 10 ปีที่แล้ว +41

    I am so uninspired by this company

  • @JulioReguero
    @JulioReguero 9 ปีที่แล้ว +7

    The design of his prototype sucks ... typical engineer mentality thinking they can get away with angel or VC funding having a crappy MVP and an even worse presentation.

  • @JustAJackson
    @JustAJackson 8 ปีที่แล้ว +2

    great video cant wait to check out the rest this is very useful we'll all learn a lot from these thanks.

  • @NathanAponte
    @NathanAponte 2 ปีที่แล้ว

    So did they get the investment? A cliffhanger

  • @joshr9923
    @joshr9923 6 ปีที่แล้ว +4

    Really weak presentation.... no cash flow profile, let alone a revenue model that works. In order to get close to the user base an advertising revenue model requires, they would have to get hundreds of thousands of engaged users. It's a nice to have....

  • @fleshcookie
    @fleshcookie 9 ปีที่แล้ว +21

    Seems they were failing to answer the only question that matters. How does this thing make money? I would call that a pretty poor presentation.

    • @maratharahul
      @maratharahul 9 ปีที่แล้ว +5

      +fleshcookie watch through 11.00 to 13.30

    • @enricopunzo1820
      @enricopunzo1820 6 ปีที่แล้ว +2

      he said many times how to make money

  • @loafandjug321
    @loafandjug321 2 ปีที่แล้ว +2

    It's a stalking app. Very dangerous.

  • @solidsnake013579
    @solidsnake013579 9 ปีที่แล้ว +19

    viral marketing.
    LOL

  • @weno7697
    @weno7697 4 ปีที่แล้ว

    I'd pay attention to 14:39

  • @angelinedixon9780
    @angelinedixon9780 3 ปีที่แล้ว +2

    No one want their privacy location get expose to Public

  • @bitski488
    @bitski488 8 ปีที่แล้ว +9

    very hypocritical. The purpose is "to find other volley ball player" but revenue is going to come from businesses? So the core principal of this app is for non-consumer based engagement such as finding like-minded people for a game or a coffee meetup. Are they now saying that they want this app to also be used to find local businesses? Now you have a whole NEW list of competitors (i.e. Google). LOL your business model does not work very well as is. You must address the revenue-generating side of it.

  • @debasishtripathy8004
    @debasishtripathy8004 7 ปีที่แล้ว

    features are explained but benefits to customers nourishes business

  • @sonnydominguez1284
    @sonnydominguez1284 4 ปีที่แล้ว

    holy shit... this was my idea a few months back....

  • @Admiralhall2000
    @Admiralhall2000 8 ปีที่แล้ว

    Where is the money made?

  • @jehanpasangha4544
    @jehanpasangha4544 3 ปีที่แล้ว

    They talk about the Middle East but look at the Indian subcontinent in the map

  • @drsatheesh
    @drsatheesh 8 ปีที่แล้ว +3

    Its a crappy app..cant instal in android..cant login in ios..

  • @MisterDivineAdVenture
    @MisterDivineAdVenture 7 ปีที่แล้ว +2

    Paused at 10m. 10/10 negative in the comments (stopped there) - what are you guys sitting in the dorm commons Sunday morning and your lead girl is on his period? (Not quite how this crowd puts it, but it works out to the same, naive cliquish arrogance - yes you. )
    The worst is that you do not appreciate the Russian intensity of management - that's an asset and you think it's arrogance. It could be a problem for you if you are big competitor. So far draper is in perfect sync - he asked the question and the next slide answered. Perfect prep? Damn good. This is the best edit feedback - right here and now. Dweeb comments reveal very shallow understanding of actual business reality - to royal court clowns facts don't matter. But, here they are:
    A great idea is very simple and unique and has some form of hook to build dominant market - to cap on. Which is WHY you go to VC's. Otherwise you don't need VC $$$$$$. And the best will spark off the next Facebook and anticipate trends to help you to make those moves. In mass-eyeballs and buy-in cases like this - they should already know how to cap. Witness next moves NOW at Facebook - even Amazon (except this was early 2014.) You could pivot to anything if you own the local buy-ins markets. Advertising? You fun betcha. I can put together an entirely new market concept for this in 5 minutes. (Go ahead and guess.) I'll be back after I watch the second half.
    Draper wasn't as astute as I thought he would be - he slept in on the first half. And the guys did okay, but I was feeling they got thrown by Draper's cog gap - and they got into remedial reading mode - and didn't emphasize local market ownership effectively - because that is the direction everyone is going as "last mile" disruption of Sears, etc. This is a powerful, powerful medium. If Draper was staying above the clouds on this - he would have led this discussion and pushed further into how a winning sleeper app might actually compete against the well financed Mini-me's to follow.
    Easy concept market plan? I'M GOING TO LOOK AROUND and see if it exists. Since I'm the guy that literally invented the public (mass transit / bus) version of Uber in 1974 (for $1400 total), and came up with cell-phone Uber about 2010 (too late!) I might just see if these guys or their successors want to engage with me.
    It's 2017. Wonder how it's going?

    • @farqueue
      @farqueue 6 ปีที่แล้ว

      It's closed... Complete fail as no revenue model

    • @japhetkineze4597
      @japhetkineze4597 5 ปีที่แล้ว

      How would you address the revenue model?

  • @mauriceanderson8312
    @mauriceanderson8312 9 ปีที่แล้ว +7

    an app for Stalkers SMH!

  • @Johndoe-vf5kl
    @Johndoe-vf5kl 3 ปีที่แล้ว

    I guess be saying "googler" he means he use google a LOT

  • @equilateralparadox3265
    @equilateralparadox3265 5 ปีที่แล้ว +1

    This niggas voice is funny as fuck ❤️

  • @antonvoblikov5809
    @antonvoblikov5809 4 ปีที่แล้ว

    now its 2020 ... and .... nothing

  • @juancarlosmartinez1718
    @juancarlosmartinez1718 6 ปีที่แล้ว

    WHAT THE F**K DID I JUST WATCH

  • @ShoaibMahmudOfficial
    @ShoaibMahmudOfficial 7 ปีที่แล้ว +1

    Please contact a Ui designer to improve your design. Your UI & Ux is so bad!

  • @JimmyTRUELOVE
    @JimmyTRUELOVE 5 ปีที่แล้ว +1

    HAHAHAH nice forecast

  • @vipendoll9795
    @vipendoll9795 7 ปีที่แล้ว +3

    this is bad

  • @BottomDollarBets
    @BottomDollarBets 5 ปีที่แล้ว +3

    Cringeworthy at best

  • @zFubarr
    @zFubarr 2 ปีที่แล้ว

    Millionen

  • @kevivdude08
    @kevivdude08 7 ปีที่แล้ว +4

    Looks like the company is shut down already!

    • @HanisaMohamed
      @HanisaMohamed 6 ปีที่แล้ว

      vivek kumar they are still open for business according to crunch base. I thought the idea was solid

  • @MaddRezz
    @MaddRezz 5 ปีที่แล้ว

    lol so many creepy men will use this

  • @saimajaved6080
    @saimajaved6080 3 ปีที่แล้ว

    Aswsss

  • @deter3
    @deter3 4 ปีที่แล้ว +1

    Bored .

  • @ericaschroeder9872
    @ericaschroeder9872 8 ปีที่แล้ว +3

    What a joke!!! GTFO

  • @krishnakitcha4391
    @krishnakitcha4391 5 ปีที่แล้ว

    This is some shitty app