These Video Games Founders Are Back for Round Two | Elevator Pitch S12 EP2 - video Dailymotion

Entrepreneur

Steven Jiang and Aspen Buckingham, co-founders of Overture Games, an in-person teaching platform that uses video games to get students excited to learn and play music.  In this episode, app makers, gaming founders and health entrepreneurs all step inside our elevator and pitch their companies as a countdown clock ticks away their precious time. Watch to see who wows the board members and gets their shot at winning a life-changing investment — and who gets sent back down with nothing but a valuable lesson on the importance of preparation.  See who has what it takes to go all the way up on Entrepreneur Elevator Pitch!

Transcript

00:01Welcome to the elevator.

00:03Three months ago, we pitched you our first idea,

00:05making video games that help students learn music.

00:08We took your feedback and we pivoted

00:10into an even stronger company.

00:12So we recreated Overture Games

00:14as a platform of lessons and video games

00:17that teachers can use in the classroom

00:19with their students to engage them socially.

00:21Today, we're seeking $200,000 for 3% of our company.

00:25Let's chat and change the future of education together.

00:31I love that they pivoted.

00:32Every great entrepreneur I know has pivoted.

00:35So that's pretty impressive.

00:36Just the fact that they pivoted

00:37does not mean they've landed on a winner.

00:39Well, some people tell entrepreneurs,

00:41that will never work.

00:43Here's a case where it actually could work.

00:47Approved.

00:48I love what you guys are doing.

00:49I love that you pivoted.

00:50I love that you're trying to find the market.

00:52Your high valuation just doesn't seem to match.

00:55So unfortunately, I'm going to pass.

00:57Clearly, you guys are impressive.

00:58You took feedback well and pivoted.

01:00PowerPoint, you've got a good story arc.

01:02The Excel is where it falls short for me.

01:04I'd like to see a little bit more traction

01:06in selling to schools and consumers is hard.

01:09And I'd like to see a little bit more evidence

01:11of product market fit there.

01:12So I'm also passed.

01:18So I'm a little scared about the advice I gave you last time.

01:21But if my advice was steering you into selling,

01:23I'm not gonna do it.

01:24But if my advice was steering you into selling to schools

01:28and that being a path to success and profitability,

01:31I apologize.

01:32It's possible, but brutal.

01:34And so unfortunately, I'm afraid I have to pass.

01:40You guys have done a great job

01:42of getting to where you're at.

01:42You just need more traction in market

01:44for one of us to invest.

01:46Thanks, guys.

01:47Thank you for your time.

01:47We appreciate it.

01:48Thank you very much.

01:49Good luck.

01:50I think we did a really good job this time.

01:51Way better than last time.

01:52We actually went through the elevator

01:53to match the investors.

01:54We'll just keep working at it, keep grinding,

01:56and that's what it's all about.

These Video Games Founders Are Back for Round Two | Elevator Pitch S12 EP2

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