@bentossell Thank you for the questions and concerns Ben. It is best suited for investors in the seed/angel space from around the world.
I have been very actively involved in the Indian Startup ecosystem by virtue of being the National Lead for "Headstart Network Foundation". Over the last 3.5 years after having interacted with 1000+ entrepreneurs directly, given everything which is there in the market right now, the average time to fix meetings with 50 investors is 1.5 months. And, in these 1.5 months entrepreneurs are just fixing meetings and not even pitching.
So that is one aspect. Other is, even before writing a single line of code for ShotPitch, we did a research on the life of investors and came out with four observations. We have integrated all of those observations into it and the product is a completely non-interfering one for Investors. Nothing ever goes to their email and there is no communication that happens until and unless an investor shortlists and wants to have a conversation.
The main and the biggest problem being solved is discovery of investors and pitching to them directly. Lets take an example "If you are an entrepreneur and doing a travel startup, the moment you want to raise money in this technology driven world, you should be empowered enough to have 100 investors in the travel space and sector agnostic right in front of you whom you can pitch directly without having to loose your mind/time in trying to get through to them.
Secondly, we have positioned ourselves as a layer on top of the platforms. We define ShotPitch like this: ShotPitch is a one touch connect, discovery and pitching mobile platform for startups to people interested in startups around the world"
When we say people interested in startups we do mean the conventional investors as well as the top management of top 100 technology companies. So if there is data company based in Bangalore and if we can enable them to pitch to senior engineering manager at Twitter, then apart from them becoming investors they can also become their best contextual mentor/advisor :)
Numbers: In the last three months of being in the private alpha mode with 15 startups(out of 1000+) and 40 investors( from Valley and India), we have enabled 300+ interactions with 3 closures.
We have been loved more by the investors, than by startups :)
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