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1 of 12
# OF I NTERVIEWS TO DATE: 113
PARENTS: 53 | I NVESTORS/PARTNERS: 21 | EDUCATION/DEVELOPMENT & S LEEP
EXPERTS: 10 | DAY CARES/BABY STORES: 15 | STUDENTS & WORKING
PROFESSIONALS: 14
“Sparking a successful future”
Michael
Oliver
James
Gao
Young
Park
Sini
Ninkovic
Tomer
Poran
Communication with the disabled
Google Glass navigation
Hands free machinist
VR/AR movement commands
Art & music creation
Pet translator
Monitoring seizure or unnatural brain activity
Athlete performance &
injury monitoring
Alertness monitoring for surgeons and pilots
Brain password
Lie detection
Multilanguage translator
Technology Seeking a Market
Before Lean-
Launchpad
Brain Password
Communication
with babies/pets3 Core Needs Better Sleep
Baby Game
Development
Baby Brain
Development
TODAY
Key Pivots in Value Proposition
Japanese/Chinese parents as beachhead
“I am worried by the shiken
jigoku, the examination hell. But
if I spare my son cram school and
exams, I might sentence them to
a second-rate future.”
“The salary/prestige of a
Japanese executive has little to
do with his performance. It
depends on his test taking ability
as a 4- or 5-year-old.”
“The best jobs go almost
exclusively to those who have
graduated from prestigious
colleges. To get there you
needed a great elementary
school.”
“Sparking a successful future”
Buy Child’s Beanie1 Activate Beanie and play calibration game2 Get notification about initial calibration3
Choose the next development4 Work on recommendations during week5 Check development using reference game6
20
30
30
20
100Week 1 Brainpower:
Week 1 Summary Points
0
0
0
0
0Actions so far:
What do you want to develop?
25
28
29
20
102
Week 2 Summary
Week 2 Brainpower:
Customer Journey
Business Model Canvas reflects pivot
2009 2015 2016 2017
Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
ResearchHardware
Product
Dev
Finance
Patent
First functional
prototype
Collect pilot data
and frame insights
UI/UX prototype
Lean Launchpad
Build cloud platform
Hat design discovery
Family &
Friends
SBIR Phase I SBIR Phase II
1000s
Seed
Industrial design
$-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
Profit
Investment Capital
Lessons Learned
Life of an
Entrepreneur
•“Everyone has a plan until
they get punched in the
face.” ~Mike Tyson
•“This is deathly tiring.”
~Michael Oliver
•Private life and startup life
merge and are hardly
distinguishable
Product
Market Fit
•Everyone thinks they’re
average
•The customer with the
greatest need may not be
who you think
•“There are things that we
know we don’t know. But
there are also unknown
unknowns.” ~ Donald
Rumsfeld
Customer
Discovery
•Get out of the building
and talk to people
•“The MVP iteration and
showing people MVPs is
crucial to understanding
the customer.”
~ Sini Ninkovic
•Time and place determine
availability of customers
and willingness to speak
Thank you!

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Mentlo Berkeley 2015

  • 1. # OF I NTERVIEWS TO DATE: 113 PARENTS: 53 | I NVESTORS/PARTNERS: 21 | EDUCATION/DEVELOPMENT & S LEEP EXPERTS: 10 | DAY CARES/BABY STORES: 15 | STUDENTS & WORKING PROFESSIONALS: 14 “Sparking a successful future” Michael Oliver James Gao Young Park Sini Ninkovic Tomer Poran
  • 2. Communication with the disabled Google Glass navigation Hands free machinist VR/AR movement commands Art & music creation Pet translator Monitoring seizure or unnatural brain activity Athlete performance & injury monitoring Alertness monitoring for surgeons and pilots Brain password Lie detection Multilanguage translator Technology Seeking a Market Before Lean- Launchpad
  • 3. Brain Password Communication with babies/pets3 Core Needs Better Sleep Baby Game Development Baby Brain Development TODAY Key Pivots in Value Proposition
  • 4.
  • 5.
  • 6. Japanese/Chinese parents as beachhead “I am worried by the shiken jigoku, the examination hell. But if I spare my son cram school and exams, I might sentence them to a second-rate future.” “The salary/prestige of a Japanese executive has little to do with his performance. It depends on his test taking ability as a 4- or 5-year-old.” “The best jobs go almost exclusively to those who have graduated from prestigious colleges. To get there you needed a great elementary school.”
  • 8. Buy Child’s Beanie1 Activate Beanie and play calibration game2 Get notification about initial calibration3 Choose the next development4 Work on recommendations during week5 Check development using reference game6 20 30 30 20 100Week 1 Brainpower: Week 1 Summary Points 0 0 0 0 0Actions so far: What do you want to develop? 25 28 29 20 102 Week 2 Summary Week 2 Brainpower: Customer Journey
  • 9. Business Model Canvas reflects pivot
  • 10. 2009 2015 2016 2017 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 ResearchHardware Product Dev Finance Patent First functional prototype Collect pilot data and frame insights UI/UX prototype Lean Launchpad Build cloud platform Hat design discovery Family & Friends SBIR Phase I SBIR Phase II 1000s Seed Industrial design $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 Profit Investment Capital
  • 11. Lessons Learned Life of an Entrepreneur •“Everyone has a plan until they get punched in the face.” ~Mike Tyson •“This is deathly tiring.” ~Michael Oliver •Private life and startup life merge and are hardly distinguishable Product Market Fit •Everyone thinks they’re average •The customer with the greatest need may not be who you think •“There are things that we know we don’t know. But there are also unknown unknowns.” ~ Donald Rumsfeld Customer Discovery •Get out of the building and talk to people •“The MVP iteration and showing people MVPs is crucial to understanding the customer.” ~ Sini Ninkovic •Time and place determine availability of customers and willingness to speak