ViewsionBy Frederick Seid

My Offer

3 Million Dollars for 20% equity.

What is Viewsion?

● A headset that allows the user to generate images or holograms that don’t exist physically. This is made possible by lights that shine on your eyes.

● It has sensors and cameras so that it knows where you are in the room.

● Later, my design team will create apps and games for it.

● Video Chatting with others will also be possible.

Sole Proprietorship

● Simply put, I want to be in full control and sole proprietorship allows that. I can’t have that in partnerships.

● I get all of the profit and I can easily create and end a business this way.

● There are some cons, though. There is very limited potential for growth and I have to offer up my own possessions like my house and car as collateral.

● Overall though, sole proprietorship is the way to go in that the pros outweigh the cons.

Oligopoly

● I am entering a differentiated oligopoly.● My main competition is the Microsoft Hololens and the Oculus Rift.● Viewsion is a local, family friendly company. This isn’t a huge corporation

that already make billions. This is a small startup company that has a lot of potential to learn and grow.

● I need technological knowledge, money, and brand name loyalty to be successful.

● There won’t be any collusion, I believe in honesty. All of these big companies probably do it, but I won’t.

Financing● I will need about 3 million dollars to build this

company. ● To get more, I will go on fundraising websites

and also borrow money from family and friends.

● This money will go towards hiring experts to create the Viewsion, building a workplace, showing ads online, and making a website.

Marketing, Advertising, and Product Distribution

● There will be non-price competition.● Our ads will be online mostly and be the

appeal to individual feelings. For example, it could say something like this: by using Viewsion, you will save time, money and get a new piece of revolutionary technology.

● I will also have ads on the radio and T.V. ● These ads will target teens and young

adults ages 13-25.

Operation

● Sales will be done online only at the moment, but there will be a specific location where employees work and the Viewsion units are stored.

● I will hire experts (who will probably demand top dollar) to work full or part time and other workers will manage inventory/finances.

● Each unit will cost $600 dollars.

Pitfalls

● The biggest pitfall now is the lack of funds.

● I need money to fund this business right now.

● Another future pitfall could be people choosing bigger augmented reality units over mine, like the Microsoft Hololens.

● To avoid this, I have to have good, persuasive ads and value customer satisfaction over all else until I get brand name loyalty.

Final reason you should Invest

● No longer will people have to build physical objects, they will be able to do it through holograms.

● Family friendly with great customer service.● Come join me in this new technological

revolution.