{"id":42357,"date":"2023-10-20T15:20:36","date_gmt":"2023-10-20T15:20:36","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/video-app-making-big-studio-quality-available-to-all-wins-startup-tasmania-pitching-competition-startupsmart\/"},"modified":"2023-10-20T15:20:36","modified_gmt":"2023-10-20T15:20:36","slug":"video-app-making-big-studio-quality-available-to-all-wins-startup-tasmania-pitching-competition-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/video-app-making-big-studio-quality-available-to-all-wins-startup-tasmania-pitching-competition-startupsmart\/","title":{"rendered":"Video app making big studio quality available to all wins Startup Tasmania pitching competition – StartupSmart"},"content":{"rendered":"
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Biteable, a video production app created by a serial web entrepreneur and his film designer brother, has taken out top prize in the Startup Tasmania pitching competition held last weekend.<\/p>\n

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James and Simon Macgregor were one of 21 start-ups selected to pitch in the 10-team final.<\/p>\n

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James Macgregor, who has previously worked with Big Commerce and Bugherd, told StartupSmart<\/i> he suspects they won because it was a big vision product.<\/p>\n

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\u201cVideo is a massive market that\u2019s growing. We know more than half of the US web traffic is for video content, and we\u2019re tapping into that and hoping to be the dominant video creation app,\u201d he says.<\/p>\n

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The app offers a range of pre-made video styles that users can edit the text and images in. Macgregor says he and his brother Simon, who has worked as a designer on a range of films including TinTin<\/i>, says they wanted to make creating professional videos as easy as making a PowerPoint presentation.<\/p>\n

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\u201cWe\u2019re combining my experience of web start-ups with producing really high quality web content,\u201d Macgregor says, adding they\u2019ve been working on the idea for five years and the app itself for just over six months.<\/p>\n

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Biteable will launch its public beta testing in November.<\/p>\n

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\u201cWe spent a lot of time with our bigger vision as we were narrowing down to a releasable product. We want to know people can use it and not get lost halfway through,\u201d Macgregor says.<\/p>\n

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\u201cThe main thing we want to test is will they be happy with what they produce, and will they be happy to pay for it. Once we crack that, we\u2019re on our way.\u201d<\/p>\n

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Users will pay per produced video. Macgregor says they plan to have 100 paying customers by the end of this year, at which point they\u2019ll explore a subscription model once they know people are willing to pay for the videos.<\/p>\n

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He adds 100 users will also be enough proof of concept to start seeking angel investment of around $500,000.<\/p>\n

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Biteable plans on being global from day one, and already have beta testers signed up in the United Kingdom and US.<\/p>\n

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\u201cBeing based in Tasmania, we\u2019re not particularly Australia-focused because of the size of the market. It\u2019s really hard to run scalable software-as-a-service businesses that are just focused on Australia,\u201d Macgregor says.<\/p>\n

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They\u2019ve recently brought Tommy Fotack on board as their chief technology officer. Macgregor says Fotack\u2019s experience building global platforms was an investment they needed to make early on to reach their goal of 1000 paying users by July 2014, with an ultimate goal of 10,000 paying users.<\/p>\n

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\u201cWe needed a heavyweight tech guy that could create a system that could produce thousands and later millions of videos without falling over,\u201d Macgregor says.<\/p>\n","protected":false},"excerpt":{"rendered":"

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