3. Value PowerPoint is essential Globalization Need for increased communication and access to the same documents worldwide Intuitive uploading process 3
21. Venture Capital Seed Funding $300,000 Series A $2.7 million from Venrock Added David Siminoff onto Board of Directors 16
22. Recommendation Market is there Large market share Competent management Extremely competitive market No feature variation from competition Low barriers of entry 17
23. Recommendation Do not invest Not convinced there is a sustainable competitive advantage 18