Friday, April 23, 2010
The Foldio
Christian Lane came looking cfor an investment of 30,000 pounds for 15% for a company named "Foldio". A product that holds a big peice of paper folded, but leaves no fold marks behind. Only two dragons stayed in. One offered 80,000 for 35% for support and mentorship from the investor himself.
3 ideas come out of this product presentation:
1. Every idea is good.
2. Homework is important.
3. Mentorship is key.
This guy was only 19 and got approximately 200,000 dollars for this idea that turned out good.
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