We haven't yet launched! Until now we have been working on a really impressive semantic technology. Because of the broadness of applications that may be built upon this amazing technology, during the past few months we have been thinking/working on a few different use-cases. A month ago we picked one and developed a prototype for show-case and made executive summary and pitch deck for it. After getting a few intros, last week we were able to get confirmation from a great investor whom we really value. His opinion and possible involvement is a great deal for us. Within the past two days and after a lot of discussions, we have come to this point that we can change the final product (still using the same underlying technology) and offer a different model for the business. This new product/model makes more sense for us and we believe may have better success in the market. Now we have this big question that: Whether we need to stick to our previous product/model in our upcoming meeting with this VC or present the new one? Or just present our technology and offer both options? Is such a change "bad" and would negatively affect the VC's opinion about "us"?
You may want to consider showcasing the more narrow, focused application which will be (ideally) your more capital-efficient beachhead that proves the product and market fit. Meanwhile, I would present a few select slides or datapoints from the original presentation as something that showcases the broader opportunity which can be pursued at a later milestone or development stage.
Answered 11 years ago
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