Breaking Down Language Barriers with VR | Elevator Pitch S13 EP6 - video Dailymotion

Entrepreneur

Meet Malcolm Lee, founder of Gabb Global, which uses the power of VR to improve accessibility and effectiveness of immersive language learning experiences for ESL students.  The latest episode of Entrepreneur Elevator Pitch is ready to take viewers on a wild ride   Expect candid feedback that will have aspiring entrepreneurs scribbling notes for their own pitch. Watch the tension build as investors dissect each pitch — sometimes celebrating hustle, other times pointing out what's missing.  Tune in to see how founders fare and pick up tips for your own business.

Transcript

00:00My name is Malcolm Lee, and I hope you will be able to bring us the GAB Global All-Monde.

00:09Investors, I know you have no idea what I just said.

00:12That's the problem we solve at GAB.

00:14Created by myself and a team of other neuroscientists from UCLA and Stanford,

00:18we've come up with the most compelling and impactful way to learn a language.

00:21We're raising $500,000 to build up the full suite of VR experiences

00:24to bolster our revenue from 46K monthly recurring to over a million by next year.

00:29So I started with a statement in French. Here's what I said.

00:32I'm Malcolm Lee, and I hope you help us bring the gift of GAB to the world.

00:36Thank y'all for listening.

00:40Oh, right on time.

00:41Yeah.

00:42He had energy.

00:43He did. I loved it.

00:44And I didn't know what he was saying.

00:46Very limited information on the product.

00:48And how is it different from Duolingo?

00:50Also, you have new hardware now where you could just have it translated right away.

00:55I was a little unsure on where things were going.

00:57Let's vote.

00:58Approved.

00:59There's so much happening within AI right now that's driving education,

01:04driving content, driving learning.

01:05And I'm not really seeing the ways in which you're rapidly adjusting and keeping up with that.

01:11And so for that reason, I'm going to pass.

01:13I understand.

01:14I understand.

01:15I'm very impressed with you.

01:17You're very passionate about what you're creating here.

01:20Right now, without any traction, it's much harder to make that investment.

01:24So unfortunately, I'm going to pass.

01:27I think the product, the business, has to be worked on a little bit more further and have a complete project ready to sell.

01:33And I want to make money now.

01:35It's going to have to be a no for me.

01:37Understood.

01:38We don't have a deal for you today, but we love your passion.

01:42We love that you continue to pivot, that you're pushing hard.

01:45And hopefully we'll see you next year.

01:46Absolutely.

01:47Thank you all for listening.

01:48Keep going.

01:49Bye, guys.

01:50It was a lot of fun.

01:51I love sharing my business with folks.

01:53I really think we have the opportunity to change a lot of lives of what we're doing.

Breaking Down Language Barriers with VR | Elevator Pitch S13 EP6

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