After I go to work from 9am until 8pm. I met with my team to discuss about our pitch until 5~7am. We had few days without sleep. It was my first time vomiting because of lack of sleep. The reason why we were too cramed was because we had to keep on revise our pitch deck after three reviews from investors on Monday, Wednesday and Thursday. Before the pitch it is important to get feedbacks from investors. Three of the investors pointed out the same problem about our pitch. Our business model was not clear. We thought if we mention about 'e-commerce platform' they will understand our business model but they couldn't.
Feed backs from investors:
1) Could not see the whole business model and how we make the money.
2) The slide of the pitch deck does not look like a fashion company but a cloud service company. Need to be more fashionable.
3) The problem statement have to be more understandable for listners.
-Young June have learned to use 'Illustrator' when he came to states but now he have made 190slides in three months.
Practicing at midnight in KIC
Using the whole conference room at midnight.
Grateful for the place where we can work even at night.
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