InqVest (www.inqvest.com) is an online platform for technology startups to get seed funding. The site is in beta but you can sign up using any dummy email address.
I would value any advice on the general concept, design and usability of the web app.
I like it. Design seems a little dated - its missing the rounded-ness of today's apps - but very functional. How do you plan on seeding enough entrepreneurs and angel investors to make it useful? Sadly, I think if you used the word "crowdfunding" you'd have people signing up in droves. Any plans to explore that avenue?
Thanks a ton for the feedback. Can you give me some more information about the rounded-ness? :)
Well, I would have to think about crowd funding as my main motive was to keep the site as an entry point for serious angel investors to search apps based on their selection criteria.
I made Rounded-ness up for lack of a better word. Check out https://parse.com/ or http://www.hipmunk.com/
The look and feel is close to your button on the bottom of your main page. Rounded corners, bold fonts, subtle gradients, drop shadows, icons with depth and shine elements. The button is fine, but the chart on your front page looks more Windows-XP while sites these days take their cues from iOS.
If you have no designer in your team, it's quite useful to learn to become a bit of a designer yourself (good skill to acquire). Truth is, first impression matters, and no matter how good your algorithm or service is, if the site doesn't look attractive customers might never get to even try it.
So while some design polishing sounds like "chores" with low ROI, they can actually increase convergence rates with subtle touches (e.g. rounding corners) resulting in a great overall ROI.
You would have to know a lot of serious entrepreneurs and a lot of serious angel investors to make that happen. Crowdsourcing adds a regulatory hurdle, but it makes the money easier.
I don't think that's a barrier to people exchanging large amounts of money. Granted, it could have been left off today for testing and asking for feedback, if that's what you mean. But in the long run it is needed to effectively complete the transaction and to keep out people who just want to browse and use up resources.