January 16, 2008 4:54 AM EST
I would check your grammar and spelling in your pitch first. Next, if you are an "internet company", why are you using a Yahoo email? It literally screams "amateur". (The first thing I thought of was that this "company" was something you built in High School and you want to sell it for college funding.)
If I were an investor, your pitch tells me very little. The real-estate industry is one of the most difficult customers to change what works for them. Individual agents rarely have the funds to buy much in the way of tools to help them in their work. A house may sell for a million dollars but the agent may net only $2,500 for their efforts due to their contracts with the broker whose license they work under. Even if the agent had the funds to buy a tool, they may not be permitted to use anything but what the broker has installed in the office. Also, most brokers don`t usually use anything that has not been tested and approved by the regional real-estate trade association.
What is the $100K for and how did you arrive at that figure? Have you even sold one seat to a client customer, let alone have a proven track record of sales to clients? Company valuations are usually based on prior revenue (3x the average of the past three years gross revenue is a good starting place.)
Unless your company is generating revenue already, then you may as well ask for $100 million because the response is likely to be the same.
Does your "internet company" have a URL? Potential investors would want to see the product working.
Videography1/16/2008 11:04 AM
MannMade Digital Video