Page containing business plans for voting by August 12th
Hi Angel Member:
Welcome to Angel Group Web2.0
The next voting date is Aug 12, 2008. The deadline of referring BPs is Aug 10 (Sunday) when i will send off a voting email. Please save the date for the next General Meeting Aug 26 (Tue), 2008.
I'm uploading Biz Plans as attachments to this page as they come in (download by clicking the attachments links or at bottom). Updates of wiki contents will be highlighted in red.
You are authorized to edit this page (please don't change the original descriptions). Please comment directly below with your name if you have any opinions on any of the biz plans.
1. Xin Gui Shang - Internet - Women's Fashion
2. B-Based Development (click for existing comments)- Gaming, Software - iPhone games and software developer and publisher
3. Nanamimi - Internet - Virtual World for teenagers
Also #4-6 ranked biz plans from last voting are candidates for this round as well:
1. VIP Career - Internet - High-end Online Recruitment
2. Trip Garden - Internet - Outbound Travel Online Portal
3. World of Three Kindoms (click for existing comments) - Gaming - Online Game
Shaowen
Comments from Angels on above deals:
Alex Xu commented on B-Based Development:
A new idea - iPhone game developer, good team but also obvious weaknesses:
1. only ask for 500kRMB makes people doubt the founders' past success
experiences - really they can not afford only this small money and willing to give out 30% of the whole company?
2. some team members and consultants are working remotely in US - not sure how serious they are.
3. they seems are only one of the first movers but don't have publishing control power, but pure game quality could never become core competence in gaming area -- too many developers could come to compete easily. Let alone their games are all outsourced.
Anyway it's really small and easy to break even in cash flow, maybe worth a try.
Alex Xu commented on World of Three Kindoms after meeting the team:
I met the guy from this WOTK. They seem have no successful experiences in MMO area and both founders seem to have no management or entrepreneur experiences. Their game is only in a pure concept design phase and the game
design has almost no excited features. They has not invested a penny into this company, even the register capital and the other founder and all the other guys are all even still working at 9you now.
They were trying to persuade one of his former EU boss to invest as an angel but got refuse, that's why the whole BP was using Euro as unit.
So my conclusion is: definitely this is not a case worth looking at any more.
