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Avenida Entertainment Group, Inc

Join us in launching an English-language streamer for US Latinos!

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Form C
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Security Type
CAFES
Categories
Technology, Other, Community & Lifestyle, Entertainment, Film & Video
Min Investment
$100
Location
LOS ANGELES, CA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$1.24M
Security Price
$1
Website
avenida.tv
Number of Employees
5
Cash
$922
Revenue
$242,988
Short Term Debt
$678,222
Cost of Goods
$55,045
Long Term Debt
$499,931
Net Income
$-530,243

Key Deal Facts

Launching A+, an English language streaming platform for US Latinos Addressing the US Latino streaming consumption of $4 billion annually Developed a tech-driven crowdfunding platform for creatives; 90% success rate and over $1m raised Hundreds of content hours secured with hundreds more in development for A+ Highlighted in Forbes, Variety, Reuters, and other major publications Led by Founders + Advisors with rich industry experience from NatGeo, HBO, Hulu, Warner, and PBS Hundreds of projects have been funded and produced in our ecosystem

Management Team / Advisory Board Bios

Fanny Grande CEO & Co-FounderVenezuelan-American award-winning filmmaker with more than 20 years of experience in the entertainment business. Completed the Latino Entrepreneurship Initiative at Stanford University. Fellow at the Geena Davis Institute., Nelson Grande COO & Co-FounderOver ten years experience in the entertainment industry and twenty years experience in sales. Experienced independent producer and sales management with several startups. Have helped fund over fifty films in a year through non-traditional methods.

Amount Raised : $264,108
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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.

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