CED Demo RoomJust look at the results.Did you achieve your goals? Did you find and hire a CTO? Did you onboard (enter number here) customers? Did they pay you?
Tools, Tools, Tools... and an arsenal of secret weapons.
Financial modeling, realtime collaboration for distributed teams , and Poindexter, Realtime Boards, and Founders Suite. We monitor the funding status and progress reports of all their companies in one centralized portal.
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CED DEMO DAY
2017 is a big year.This is New Ventures second year and there is a lot on the line. Not only for the startup teams but for New Ventures too!
We had a great BIG selection of teams that entered the New Ventures Challenge again. Over 200 hundred applications were reviewed and not that there is any pressure to select a winning team that will deliver ROI. Or to prep them to pitch to a select crowd of discerning investors, prepare for voting and final awards that are only distributed once a notebook full of due diligence is fine tooth combed into a manageable series of things like stock subscriptions, corporate structures and intellectual property assignments. But the real challenge converts into an accelerator when the teams are faced with the prospect of failure. Basically - get them ready by simply lighting the fuse. Someone once told me that time is the great test of things. It does not negotiate, it does not pardon absence or incompetence. It is simply there and it is marking progress and judging you.
I challenge them - that they have no idea
what they are up against. So startup entrepreneurs who do not know me very well tend to assume I am just a grumpy guy, but nothing could be further from the truth. It is just that I take this very seriously because they will run out of time.
I like this wisdom from Mark Cuban. 
READ THE UPDATE ON THE NEW VENTURES 2016 COHORT
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Funerals have been round a long time. The digitl transforamtion of this industry mortuary business is ready for disruption. Funeral Insider is no longer inbound digital marketing, MVP, conversion optimization and early traction.
The secret sauce, Jay has been a palletive 13. He saw that there was a need for a better way for people to bury their loved ones . What started out as a lendingtree model has bloomed into many more models of innovation and early market traction.
Looking at the pain points of consumers having to make large decisions that have large costs and the emotional stresses associated with the loss of a beloved family member. The 20% takes 50% of the market 19,000 funeral homes. Charging 40% more than private homes.
As the amercian average family earnings have decreased the average price of a funeral has increased.
The proportion if cremations has incrwased - the csts are lower, the families are distributed and the value is in being disposable.
Early customer dicovery has led to the insights driving innovative disruption.
The secret sauce, Jay has been a palletive 13. He saw that there was a need for a better way for people to bury their loved ones . What started out as a lendingtree model has bloomed into many more models of innovation and early market traction.
Looking at the pain points of consumers having to make large decisions that have large costs and the emotional stresses associated with the loss of a beloved family member. The 20% takes 50% of the market 19,000 funeral homes. Charging 40% more than private homes.
As the amercian average family earnings have decreased the average price of a funeral has increased.
The proportion if cremations has incrwased - the csts are lower, the families are distributed and the value is in being disposable.
Early customer dicovery has led to the insights driving innovative disruption.
It is not worth $2.00 ..its worth $20.00 |
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