Sharkit Investment Fund: Summing Up Applications Received

And so, comes the third week of Sharkit . At the moment, we have received 140 applications, of which 126 were rejected, and 14 are in the process of discussion. Two applications are already at the finish line for receiving investments. In this post, I would like to make a small general overview of all applications, which, I believe, will be of interest to the Habrasoobschestvu. And on people.sharkit.ru we began to lay out real applications and comment on the reason for the refusal.

I must say that we, of course, expected this: 85% of applications are of unsatisfactory quality. What are their main problems? Lack of understanding of the following things:
1) We need a real and concrete strategy to promote the project.
2) The project should be able to earn money not on advertising (I can not believe that I am writing this obvious point).
3) The project should be of value not only for the author of the idea, but also for a significant number of people.

A relatively large number of applications (about 25%) came from people under the age of 21. I will not say that we have some kind of prejudice before age here, but, unfortunately, on applications it is felt that people lack cynicism about their own ideas and, of course, experience.
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A positive point: not many authors have already suggested making social networks in one form or another. The focus was mainly on any useful web services. Received several applications for the development of games for the iPhone and so on. browser games. We are now considering them and deciding what to do. A couple of people wrote with good suggestions to invest in their already working and relatively successful projects. We liked the proposals, the applications were convincing, and the authors' answers were literate.

That's the way it is. I remind you that the acceptance of applications does not stop and we are waiting for your projects.