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Security Type
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Equity
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Categories
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Other
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Min Investment
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$200
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Location
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Salt Lake City, UT
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Offering Date
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October 31, 2019
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Expected Close Date
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February 05, 2020
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Target Raise
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$10.00K-$1.07M
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Deal Notes
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Security Name: Common Stock
$0.63 per share
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Valuation
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$4,960,000
Company Description
Megalopolis brings the Comic-Con experience online by being the internet's definitive source for premium action figures, toy news, and original content made by and for collectors.
Perks
Level I: Fanboy
Invest $500+ $25 Megalopolis gift card + choice of free Megalopolis gift shop t-shirt
Level II: Iron
Invest $1000+ $250 Megalopolis gift card + Megalopolis exclusive figure—Boss Fight Studio Vitruvian H.A.C.K.S. Darvold + previous perks*
Level III: Bronze
Invest $2500+ $500 Megalopolis gift card + Boss Fight Studio Vitruvian H.A.C.K.S. Bundle (about $250 worth of product) that is compatible with our exclusive + previous perks*
Level IV: Silver
Invest $5000+ Digital download of exclusive, previously unseen Overlordin' Ain't Easy animated short + previous perks*
Level V: Gold
Invest $10,000+ Double loyalty points for life** + Level IV: Silver
Level VI: Platinum
Invest $25,000+ Triple loyalty points for life** + Level IV: Silver
Level VII: Diamond
Invest $50,000+ Mythic Legions action figure autographed by H. Eric Mayse (Cornboy) of 4Horsemen Toy Design + 5% bonus shares + Level VI: Platinum
Level VIII: Hero
Invest $75,000+ All expense paid trip to Salt Lake City to meet the owners of Megalopolis and see the headquarters + Level VII: Diamond which includes 5% bonus shares
*For all + previous perks, gift card values are not cumulative
**For both in-stock and pre-order items
[1] All perks occur after the offering is completed.
Key Deal Facts
Quick Growth - $2.3M gross toy sales in first 18 months of operation
Loyal Customers - 75% of total gross revenue from repeat customers
Expanding Channels - Launched mobile app in July 2019 w/ 5,000+ downloads
Use of Proceeds
Inventory, Supplies, Operational Expenses, StartEngine Platform Fees
Management Team / Advisory Board Bios
Matt Westover
President, Founder, CEO and Director
• First job was with an e-commerce toy company (the now-gone “Toytopia”) at age 16 • AidData NGO senior research assistant 2011-2013 • Journalist (freelance) 2013-2015 • SEO.com & Stavtech digital marketing specialist 2013-2014 • University of Utah (BA) 2015: Summa Cum Laude • Megalopolis is dream job
Kailey Austin-Westover
Chief Operating Officer, Treasurer and Director
• Background in real estate
• Formerly with Keller Williams and Century 21
• Prior stint with eBay (help desk)
Chris Trutanich
Chief Technical Officer and Director
• Co-founder/owner Manhattan Mobile (Co-Primary Role along w/Megalopolis) - Works with Megalopolis 25+ hours per week
• UX designer since 2005
• 15 years as ioS & Android developer
• Former project manager at Toast Labs and Avandus
Josh Broderick
Personnel Director/Customer Service Dept. Head and Secretary
• Lifelong customer service and staff management wiz
• Companies worked for prior to Megalopolis include Verizon and Taco Bell
• Archetypical "First to arrive, last to leave" colleague
Deal Notes
Security Name: Common Stock
$0.63 per share
