If you had to make your decision on just the information provided in the pitch and on
Question:
If you had to make your decision on just the information provided in the pitch and on the company’s website, would you fund this company? Why or why not?
Business Idea: Design and manufacture a telepresence robot that allows someone to remotely inhabit the body of the robot and have the freedom to roam around an office building, school, or other facility even though the person inhabiting the body of the robot is hundreds or thousands of miles away.
Pitch: There are many circumstances that would cause someone to want to be virtually present in one location even though they are physically present in another. An example would be a scientist or engineer in one location wanting to spend a day interacting with colleagues in another location. Short-term discussions can be facilitated by video-conferencing tools such as Skype. But Skype limits participants to a single location where they each have access to a monitor that is projecting the Skype call. What if someone in one location wants to be virtually present in a second location, and wants to be able to move from office to office or lab to lab to interact with a variety of colleagues?
Step by Step Answer:
Entrepreneurship Successfully Launching New Ventures
ISBN: 9781292255330
6th Global Edition
Authors: R. Duane Ireland, Bruce R. Barringer