Thursday, November 26, 2009

Way Of The VC Contest Wk 1 - Red Molecule

As I have just signed another book deal, I have decided to start a contest. Every week I will name a theme, You submit your tip. I pick two finalists. Everyone votes. And the winner goes into the book. Not to mention you get to profile yourself/your company to thousands of venture capitalists, angels and potential customers.

This week's contest:
(i) IT for Green
(ii) Mobile Applications

SUBMIT BEFORE 12am ET 11/28/09

http://www.wayofthevc.com/2009/11/way-of-vc-contest.html

See entries

Red Molecule:
Mobile Application utilising 3G screensaver technology and location-based advertising. Technologists can also earn and also the service provider also can earn hence the cost of the technology is also marginalised. Suppose you are passing through the Champs Elysees and you really cna see all other restaurants but you cant see the Mc Donalds as its sign is cramped up opposite to the Cityrama office and people are more interested in seeing Musee de Louvre by the side hence if the advertisement appears on the screen of the user then he is aware of the location wise business interests.

How is your product a breakthrough or disruptively innovative?
Though sms campaigns have picked up but it hasnt made a break through its limited and depends on those data bases which at times is limited in reality and people may change the numbers at time or loose their handsets so forced to change the number itself. Hence this application can actuallygive u location wise information about the Hospital and historical monuments and can earn from the advertisemnts of the retail business interests. This requires a basic content and location wise syncronization and also very high quality of real time integration .



--
- Best, Tan Yinglan    
  


No comments:

Post a Comment