Another good business proposal to invest in would be Rebecca Hellmich's Matinee Munchies website. The website serves a specific audience — an important niche — and unlike other websites covering theater, it offers a "one-stop shopping" experience and "a
blend of expert opinion and average citizen opinion."
The website offers an outlet for regular citizen theater goers to submit reviews, which produces free content for the website. However, the website will also feature work by staff writers and experts. It will be taking advantage of what is already available by aggregating news content for site visitors. There will also be forums and sections (for subscribers) that list the best/least expensive places to go have a bite to eat.
The website would be launching primarily in New York City (the city that has the most theater presence), but there are plans to expand to other cities after a while.
There are no big issues with the content; however, when looking at the first year budget, the company will rely heavily ($30,000) on subscriptions the first year, which I do not believe to be feasible. Perhaps trying to get more funds from investors like us would be more realistic. A $30,000 goal of subscriptions for the third year is a bit more realistic.
One suggestion that was brought up during the presentation is to add a section in the website that consists of a database of the actors — and maybe reviews their performances.
Though perhaps we may need to take another look at the finances, the idea is overall interesting and possible. For this reason I think we should invest in Matinee Munchies.
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