- Joined
- Jul 14, 2008
- Messages
- 90,198
- Points
- 113
About the programme:
"Angel's Gate is Asia's latest reality TV series with a focus on business and entrepreneurship. Backed by Asia's leading venture funds, Angel's Gate is a 360-degree platform spanning TV, Web and Mobile. The platform gives entrepreneurs the opportunity of a lifetime to pitch their dream business ideas to some of Asia's most successful investors. Angel's Gate takes a close look at the skills and dynamics at play when entrepreneurs get a chance to pitch to decision makers directly. Often it's down to split second calculations and instincts that determine whether the deal goes through, and the full pressure is on the entrepreneurs to make the most of the situation. In tandem with the show, Angel's Gate introduces new methods of interactivity for audiences as they participate along on their mobile devices. Viewers can get regular updates, learn more about the entrepreneurs and judges on the show, and gain access to exclusive content such as online webisodes and never-before-seen footages."
Found the first episode quite interesting.
The "angels" made an offer to an inventor businessman who had invented a micro needle for administering supposedly painless injections.
The guy rejected them, perhaps he already had a better offer or he thought the angels were giving too little money for too much equity.
The angels finally made an offer to 2 young chaps whose business was crowd sourcing for musicians to produce music/jingles for businesses.
Interesting idea this, but they wondered how big the market would be. The 2 chaps did not have any current customers.
The possible concern is that whether businesses or ad agencies who are interested in jingles would want to bother to do crowd sourcing, instead of just getting their usual group of musicians to do it.
Businesses which want jungles may also not comprise a large market segment, those that do may just go to their agencies for a package deal.
And even if the idea of crowd sourcing is successful, what would be the profit margin to the business after paying the successful musician?
2 other ideas from enterpreneurs were rejected outright.
One was in the business of searching graveyards, another lady had a social enterprise selling sweets which hired disabled people.
"Angel's Gate is Asia's latest reality TV series with a focus on business and entrepreneurship. Backed by Asia's leading venture funds, Angel's Gate is a 360-degree platform spanning TV, Web and Mobile. The platform gives entrepreneurs the opportunity of a lifetime to pitch their dream business ideas to some of Asia's most successful investors. Angel's Gate takes a close look at the skills and dynamics at play when entrepreneurs get a chance to pitch to decision makers directly. Often it's down to split second calculations and instincts that determine whether the deal goes through, and the full pressure is on the entrepreneurs to make the most of the situation. In tandem with the show, Angel's Gate introduces new methods of interactivity for audiences as they participate along on their mobile devices. Viewers can get regular updates, learn more about the entrepreneurs and judges on the show, and gain access to exclusive content such as online webisodes and never-before-seen footages."
Found the first episode quite interesting.
The "angels" made an offer to an inventor businessman who had invented a micro needle for administering supposedly painless injections.
The guy rejected them, perhaps he already had a better offer or he thought the angels were giving too little money for too much equity.
The angels finally made an offer to 2 young chaps whose business was crowd sourcing for musicians to produce music/jingles for businesses.
Interesting idea this, but they wondered how big the market would be. The 2 chaps did not have any current customers.
The possible concern is that whether businesses or ad agencies who are interested in jingles would want to bother to do crowd sourcing, instead of just getting their usual group of musicians to do it.
Businesses which want jungles may also not comprise a large market segment, those that do may just go to their agencies for a package deal.
And even if the idea of crowd sourcing is successful, what would be the profit margin to the business after paying the successful musician?
2 other ideas from enterpreneurs were rejected outright.
One was in the business of searching graveyards, another lady had a social enterprise selling sweets which hired disabled people.
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