Applaudable

Social Media 3.0

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Min Investment
$248
Location
NEW YORK, NY
Offering Date
June 09, 2023
Expected Close Date
September 06, 2023
Target Raise
$15.00K-$5.00M
No. Investors
128
Security Price
$7.53
Website
applaudable.com
Number of Employees
5
Cash
$191,872
Revenue
$1,758,421
Short Term Debt
$524,897
Cost of Goods
$1,485,947
Long Term Debt
$2,761,162
Net Income
$-1,938,173

Company Description

Applaudable is a new social media platform to share life’s greatest experiences – in a way that allows users to emulate those experiences. Purchase any items you see or make a reservation at the same restaurant, right from the post. "Applaud" any experience, product, or destination & browse what's been "Applauded" by the people whose taste you love - not promoted by advertisers.

Management Team / Advisory Board Bios

Andrew ChristodoulidesFounder, CEO, President, Treasurer & DirectorAndrew Christodoulides has founded 3 businesses over 19 years. He started his first business - Acena - in the call center outsourcing space, out of the basement of his parent's house with only $500, and successfully sold it to strategic acquirer MAP Communications.
He then started the home decor e-commerce site Original Pad, which grew to $4mm in annual revenue within 4.5 years. Through Original Pad, he saw an opportunity to substantially improve the online shopping experience for home decor and home furnishings. This led to Moro, which was beta launched in July 2017.
Laurence LeviChief Strategy Officer, Chairman of the Board, Secretary & DirectorLaurence founded consumer private equity firm VO2 Partners backed by the Lands’ End family office. He previously founded boutique investment banking firm Levi Littell Herbst & Co and also served as Head of Strategy for both Transora, a technology consortium, and for EthnicGrocer, a Kleiner Perkins-backed e-commerce firm. He began his career as a transactional attorney at Latham & Watkins and received his JD from Columbia Law School.
Ben UretskyAdvisorBen is the former CEO of DigitalOcean, a cloud infrastructure provider which went public in 2021 with a current market cap of $3.5 billion. Ben later co-founded Welcome Homes, an NYC startup that offers the first fully online home building, customization, and purchasing experience. Ben maintains an active advisory role in Moro and Applaudable.,
Amount Raised : $212,005
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