Kevin Shtofman says
Hi Tim, neat idea. The pitch confused me as to whether this system is already built. Do you already have paying customers? Or are you raising capital to complete your proprietary system?
February 17, 2009
tim says
hi Ron,
thanks for the questions. here are my responses:
1. we need the funds to get the products in our pipeline to market.
2. sales cycle is roughly 4 weeks from model to purchase.
3. we earn a commission on products sold, plus subscription fees on value-added functionality.
4. we have patents pending - how it works is proprietary. that said, we are the first and only to do what we do.
5. management team has over 100 years experience in custom manufacturing and startups.
thanks again for your interest!!
February 16, 2009
Ron says
Many issues here: Why do you need $500K (use of funds); what is the sales and adoption cycle and how do you make money exactly (software, subscriptions, etc. How does it work and is it patented? WHat is the background of the management team
February 15, 2009
Barbara Kennedy says
Hi, your system thinks I voted and is kicking me out until tomorrow. Problem is, I not only didn't vote, but my attempt to may have turned out negatively instead of the positive vote I would have given Tim Stephens. I was trying to figure out how to vote, I accidentally erased all stars, and then my IPhone blanked out on me. When I got back on the site to correct my mistake, I found out that it counted as a vote. Please correct or erase my mistake.
Thank you,
Barbara Kennedy