5.10.2010

The Investment Goes To...(Memo/Project Assessment)

I would like to consider under21.me for investment. The proposal was very well prepared and the hole in the market that would be filled is specific enough that the site could have a loyal following. I believe that the creator of the site has spent a great deal of time designing the objectives and goals of under21.me. The creator's background and history in the region are a plus because connections and partnerships could easily be made. I like the idea of starting small and focusing on the Scranton, P.A., area, but ideally the site should grow to have a national presence as the target audience is widespread across the country. The creator is well-suited for the job and at the very least, the site deserves some additional research by investors

If by chance under21.me cannot be launched, the next project investors should consider is B-9.com. I like the humorous idea, and I believe there is a market for the stories that will no longer stay on the golf course. Like the site devoted to cats with funny captions or textsfromlastnight.com, there is an entertainment factor that would attract a lot of traffic to the site. My only concern is that the proposed "hole" is not large enough and investors may not see the returns quickly. I would like to see if this site could grow to include stories from other sports areas such as "in the dugout," "in the locker room," etc. With more market research, I believe this site could have a shot at success - and the creator/former caddie is perfect for the job.

All proposals demonstrated potential, and I believe all could find some success.