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Security Type
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CAFES
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Categories
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Technology, Entertainment, Community & Lifestyle
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Min Investment
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$100
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Location
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Cottonwood Heights, UT
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Expected Close Date
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April 30, 2023
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Target Raise
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$150.00K-$1.24M
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No. Investors
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894
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Security Price
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$1
- Number of Employees
- 30
- Cash
- $933,664
- Revenue
- $2,046,473
- Short Term Debt
- $353,718
- Cost of Goods
- $584,732
- Long Term Debt
- $150,000
- Net Income
- $-2,166,558
Key Deal Facts
The Podcast market is white hot and growing rapidly
Zencastr is already a dominant player with 15% of active podcasters using our platform
More than 30,000 passionate creators actively use Zencastr
The Podcasting Industry is projected to grow to more than $150B by 2030!
Podcasting Advertising was the fastest growing marketing channel in 2021
Record, Produce, Host, Analyze and Monetize. All In One Podcast Platform
Seasoned team of startup veterans, technologists and marketing experts
Some of our larger customers include Spotify, Adobe, NPR CBS, Netflix and many others
Management Team / Advisory Board Bios
Josh Nielsen CEODeveloper in residence for Techstars Boulder,
2x winner of the worldwide Node Knockout,
2x founder,
Bootstrapped Zencastr to profitability solo, Adrian Lopez CPOEarly Engineering Management at Flipagram, TikTok. 3x Founder.
Reveal the Score by Voting
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Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.
