1. I would invest in xCraft because I see the versatility and multiple routes with this investment. As stated by the owners. They have the X PlusOne with a solid investment of $170,000 on Kickstarter. We can also market the X PlusOne to other cliental such as oil companies, people with large acres of land, and even movie directors considering how fast the drone can go. We also have the potential star, the PhoneDrone Ethos: With about $350,000 in investments from Kickstarter and Indiegogo, I can see the PhoneDrone being marketed more for consumer and see that potential there and finally the most promising route is of course licensing our product. Making the investment a little less risky if we are able to land a deal.
2. Secondly I would invest in this business because the two current owners; JD Claridge and Charles Manning seem to have good heads on their shoulders and I would consider both reliable. JD the CEO of xCraft is an aerospace engineer with great background in aircrafts. Charles Manning the co-founder of xCraft, is also the CEO of Kochava. They both came on the show with strong numbers, and a strong presentation. They seem well spoken and level-headed, they even seem to know the business world pretty well. Claiming they did not want “Early VC guys” and preferred more “Operational and hand on’s investor” that cared more than just making a quick buck and I know I could be that type of investor.
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The biggest reason I would invest in xCraft is the sheer potential of the emerging market. xCraft still has time to become of the major players in the drone businesses. While investing in an emerging market can be risky. It can also have huge rewards. Drones are starting to rise in popularity, we see them being implemented in everything from YouTube videos, to even being used to ship products to your home with Amazon. If my investment with xCraft can lead the company to being pioneers in Drone Business then I will happily lend them $300,000 and that’s why I’m
2. Secondly I would invest in this business because the two current owners; JD Claridge and Charles Manning seem to have good heads on their shoulders and I would consider both reliable. JD the CEO of xCraft is an aerospace engineer with great background in aircrafts. Charles Manning the co-founder of xCraft, is also the CEO of Kochava. They both came on the show with strong numbers, and a strong presentation. They seem well spoken and level-headed, they even seem to know the business world pretty well. Claiming they did not want “Early VC guys” and preferred more “Operational and hand on’s investor” that cared more than just making a quick buck and I know I could be that type of investor.
3. …show more content…
The biggest reason I would invest in xCraft is the sheer potential of the emerging market. xCraft still has time to become of the major players in the drone businesses. While investing in an emerging market can be risky. It can also have huge rewards. Drones are starting to rise in popularity, we see them being implemented in everything from YouTube videos, to even being used to ship products to your home with Amazon. If my investment with xCraft can lead the company to being pioneers in Drone Business then I will happily lend them $300,000 and that’s why I’m