The Ask & Return

The Ask: To fulfill the Mission of the Tech Tutor, we need partners with experience in a range of fields such as public K-12 education, machine learning and artificial intelligence, and private tutoring services. We plan to expand our machine learning capabilities so that we can launch with a minimum viable product and begin making connections between content creators, tutors, and students. These connections will require funds to market our product to end consumers and private tutoring services alike so that we can make strategic partnerships with the best tutoring possible and offer the highest quality support to students and their families. We are seeking a $10,000 initial investment to further these goals.

The Return: Based on the First Chicago or "Venture Capital" method of pre-revenue evaluation popularized by Harvard professor Bill Sahlman (Fig. 3) and the 2020 average annual revenue of $198, 600 for the educational support services industry (Fig. 4) according to Canadian Industry Statistics, we can estimate a pre-money venture valuation of $29,720. A supplemental $10,000 initial investment would have the goal of a tenfold return in five years' time or a 25% equity stake in the venture if a long-term partnership is favourable.