Our project experienced its biggest misfortune to this date today. Our business plan failed to make the top 10 with in Venture Cup. Feel free to check out the finalists, there is definitely some great stuff in there!
It is noteworthy that there is only one web service that made the finals. It is extremely difficult to determine the value of a web service. It all comes down to the actual users that the service gets. In favor of this finalist called AudioDraft, it must be said that their service is targeted for experts. That makes it perhaps a bit easier to put a price tag on their product.
Where do we go from here?
Now that we no longer need to concentrate on the Venture Cup we can focus our time and energy in developing our idea further. We have a proof of concept and now we need to take the steps to make it publicly available for a group of testers.
I want to personally invite everyone interested in helping to fill out this form to join an alpha tester mailing list.
What else is going on?
We’re getting closer to actually founding a company that will start making great things. We’re starting discussions with TEKES to show how our solution could help the Finnish economy.
We’re also eagerly going to the Aalto ES Boot Camp. This is a great opportunity for any entrepreneurial team to fast-track their ideas into a successful business.