Future of VC investment — Legend

UX research and design

 

Legend designs new trusted transparent systems to enable investors to generate the superior risk-adjusted returns in the venture capital ecosystem. We build community, content, and technology to bring increased transparency, diversity, and value to founders, investors, and institutional investors in the VC landscape. Our community includes the founders, investors, and institutional investors.

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PROJECT OUTLINE

Time: In progress

Scope: Designing user flow, designing wire frame, designing UI, creating muck-ups, creating working prototype, Design branding

Target Group: Institutional investors

Product or Service: A digital platform for investors in the VC landscape to invest and manage their capital.

METHODS

  • Stakeholder interview

  • Expert Interviews

  • Mockup and Prototyping

MY ROLE

  • UX Researcher

  • UX Designer

PROCESS

Market Research > Framework of Opportunity > Refining the Concept > Prototyping > Testing

TEAM

Jessica Straus, Katerine Tang, Ehsan Darbandi

PROBLEM

While institutional investors and VCs have played a pivotal role in investing in technological transformation, they have largely ignored the potential of technology and design for their investment processes. Personal networks, Excel, email and the phone are insufficient tools to succeed in the next frontier of alternative investments. As a result, bias and FOMO persist.

CHALLENGE

How might we create an engaging platform for investor to minimize their biases, diversify their investment, and manage their capital.

SOLUTION

Legend is a platform designed to minimize biases for investors. Legend helps investor to explore new opportunities and manage their relationship with venture capital firms.

Initial concept

Legend designs new trusted transparent systems to enable investors of all kinds to move beyond bias and to invest in the diverse innovation ecosystem. In our changing global economy, now is the time for institutional investors to apply the value creation capabilities of technology and design internally.  Institutional investors need new capabilities to identify future extraordinary individuals outside of their own networks and to realize the returns of investing in different genders, ethnicities, and geographies.

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First prototype for testing three features, explore page, intake form and portfolio review.

 

User Interview

The first prototype used for in

 

Key insights

  1. xxx

  2. xxx

  3. xxx

 

THE REDESIGNING PROCESS

From here I joined the team

COMPETITIVE ANALYSIS

So far, all of the similar products in the market don’t have a user-friendly interface and users need to spend hours to learn how to interact with the products.

Also, I analyzed other financial platforms for usability, layout, navigation structure, compatibility, content, design and performance.

KEY FINDING

Navigation

Search feature

Data visualization

 

The MVP

Based on the findings from the interviews and competitive analysis we narrowed our focus on three features.

Intake form
xxx

Search and filtering feature
xxx

Portfolio manager
xxx

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MEASURING TRACTION

One of the methods for testing the business model was trough leading the potential customer to a website and test how the user interact with the landing page and wewther they finish the task of sharing their email.

LEGEND Prototype tall.jpg
 

USER TESTING

We test the prototype and interviewed market experts and potential investors to see if the current product answer to their needs

THE FEEDBACK

  1. xx

  2. xx

  3. xx

 

FOCUSING ON COMMON APP

After analyzing the feedbacks we decided to focus on common app as the MVP amd test how the users interact with the intake form

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Next step