Live Life Better

Security Type
Crowd SAFE
Service Businesses
Min Investment
Lehi, UT
Offering Date
August 24, 2020
Expected Close Date
November 30, 2020

Company Description

People don’t have the time or money for “trial-and-error”consumerism. We all waste hours doing online research in an effort to help us make "the right" choice around how we spend our money and our time on products or experiences. This process is not only time consuming but, worst of all, online reviews are often fake and can’t be trusted. Consumers prefer trusted recommendations from verifiable people in their personal network, who they know they can trust, and who have already taken the risk of trying something new. There isn’t a technology for easily getting, giving, managing and organizing recommendations from trusted friends for personal interests.

FAVER is a free app to help you give, get and organize word-of-mouth recommendations from your trusted friends, to help you quickly and easily find your next favorite book, movie, tv show, travel destination, video game, restaurant - anything. FAVER helps you avoid buyer’s remorse and enables you to quickly find the best of everything, based on the experience of the friends you trust who share your interests, who have already “been there, done that.” FAVER does this by helping you organize your network into trusted “clubs”, based on your interests, and enabling you to easily obtain a recommendation from a trusted source whenever you're in the market for a new "thing".

Use of Proceeds

  • Product Development
  • Team Growth
  • Marketing
  • Non-Salary App Development
  • SG&A & Operations
  • Legal & IP
Amount Raised : $0
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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.

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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