Q: Explain your business to my Mum.
A: WooMe is a live introductions platform that leverages a speed-dating model to let users meet each other via voice and video. Meet five people in five minutes and decide who woo'd you.
Q: How do you make money?
A: If two people mutually woo each other, they pay $1 to get their contact info.
Q: How many users do you have now, and what's your target within 12 months?
A: Target in 12 months = 1m users. Existing registered user numbers are in six figures.
Q: What's your biggest challenge?
A: Keeping up with the user growth.
Q: Name your competitors.
A: No direct competition.
The full article was originally published at Guardian.co.uk, but is no longer available.
Mark Brooks: Speeddate.com is the main competition.