In the venture debt business, we see a lot of online presentations. Many of our clients and prospects are out of town and want to show us their investor PowerPoint as we enter the due-diligence phase of our process. The software used to make the presentations vary – some companies use LiveMeeting (Microsoft) while others use WebEx (Citrix). Both of these approaches require the user to download the latest version of the web client before typing in a session key and password. The whole process can take up to 5 minutes which can be frustrating – especially if it makes one late for a meeting which I hate. Being late implies that my time is more valuable than all of the others on the line that I’m inconveniencing by my tardiness.
I’ve just started using Glance.net which enables me to do an impromptu presentation without the other attendees having to download any software. I just direct them to a website where they type in a 4 digit session key and within 30 seconds, they’re looking at my desktop. It’s very handy especially when I want to show a client, prospect or potential investor just one slide or excel worksheet. If I enable it, the other person can take control of my machine which is handy because sometimes they want to skip to another PowerPoint slide or play with an excel model. It’s not just that it’s faster and more convenient than doing a WebEx; it enables me to have conversations with more interaction on the fly. It costs $49 per month – the same as the other services and you can buy an unlimited day pass for $10 if you’d prefer. You can have up to 100 people on the same presentation session – more than I’ll ever need in my experience. If you participate in online presentations, you’ll want to take a closer look at glance.net. http://ww2.glance.net/
Eastward Capital Partners
432 Cherry Street
West Newton, MA 02465
o: (617) 762-3611
c: (617) 947-6272
Eastward Capital Partners – providing $1 – 10 million venture debt, growth capital and equipment financing to venture-backed, emerging growth companies since 1994. We also provide expansion capital to non venture backed companies.
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