-
Security Type
-
CAFES
-
Categories
-
Entertainment, Film & Video, Media
-
Min Investment
-
$100
-
Expected Close Date
-
April 29, 2024
-
Target Raise
-
$50.00K-$1.24M
-
No. Investors
-
2
-
Security Price
-
$1
- Number of Employees
- 3
- Cash
- $742,962
- Revenue
- $1,324,830
- Short Term Debt
- $236,545
- Cost of Goods
- $618,359
- Long Term Debt
- $0
- Net Income
- $486,417
Key Deal Facts
Generated $1.25M+ in revenue in 6 weeks
600K+ unique site users and many millions of views of views across all social media platforms
70,000+ paying customers
Die-hard grassroots community built organically with zero marketing budget
We created a groundbreaking new genre of TV with invasive live streaming & audience interaction
Management Team / Advisory Board Bios
Sam Hyde FounderComedian, Creator of MDE, Jet Neptune Co-founder Director of Fishtank LIVE, The Crew Artists, Developers, Editors, Actors, Production, Bill Ottman Co-founderFounder of minds.com
Amount Raised
:
$1,019,570
Reveal the Score by Voting
＿
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.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
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
ⓘ
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.