Assignment 29A - Venture Capital
1. Venture Concept Again with Changes – Opportunity- The need for my product, which is a reusable straw phone case, is a necessity for not only the Earth but several market-groups that rely on these straws. The use of single-use plastic straws is something that is engrained in the minds of people today however, it is something that can be easily stopped. The need for this product lies within those who already use reusable straws or those looking to break into the market. The current market for products such as this one contains small cloth carrying cases or nothing at all, which leads to a lot of people using reusable straws to forget or lose them constantly. I am a perfect example of someone who constantly loses their straw because I can never find out which pocket or bag I put it in. However, if I was to have a phone case that I was able to store my straw in I would not have th...
