Here is a brief explanation of our plan for the Dragon’s Den presentation.
First, we will have to make sure that the audience will understand what Hive is about and why a social network like Hive is needed. We have to make it clear that it’s not about a traditional social network like Facebook and we are not trying to beat Facebook. Next we are planning to give a brief overview of existing similar applications and then we explain why Hive is so different to them.
Next, we will talk about the value of the new social network we are proposing. To do that we will give an overview of Hive’s features and what a user can do when registering in the web site. We will probably show some story boards that will help the audience understand better how the users will interact with our web site.
Making a good idea is good. Making money with that idea is better. That’s why we will explain why Hive has the potential to become a successful social network and may bring some profit. So, we will discuss about the possible revenue models for Hive and also, we will discuss the legal issues that arise with a social network like this.
Next, we will present some future improvements that can be made to Hive, so the users will find more things to do and stay longer at Hive. These future improvements are not included in the current version because of the lack of time, but if they can be achieved they can boost Hive’s status.
At the end we will show a small video of the Hive prototype, to show how some of the basic features work. We believe that showing the video will make the audience more enthusiastic of our idea and they may see some features that they did not realize that Hive provides, getting a better idea of Hive.