Watch Party

Watch Party

The Watch Party app connects you to new friends and new favorite shows.

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Security Type
Common Stock
Categories
Entertainment
Min Investment
$2
Location
Allston, MA
Offering Date
May 01, 2020
Expected Close Date
September 30, 2020
Target Raise
$10.00K-$107.00K
Deal Notes

Price per Share: $2.14

Valuation
$825,071

Company Description

The Watch Party app tells you who is watching what and what you should be watching next. Watch Party lets you find new shows, see what your friends are watching, and recommend great shows to each other. Our platform also delivers targeted show recommendations from a cross-platform TV guide, crowdsourced from your friends and family!

People value their favorite shows and movies so much that losing beloved content and a lack of original content are two of the top three reasons why customers unsubscribe from streaming services (PC Mag). Watch Party will provide the $43 billion global streaming market (Grand View Research) a way to leverage user insights from multiple platforms, so studios and streaming services can keep making shows that everyone is talking about.

Key Deal Facts

Watch Party collects a list of shows you watch, either from you directly or from shows you like on Facebook.
Add friends to instantly see what they watch.
Shows are linked to friends, making it easy to see which of your friends watch a show and which don’t.
Seamlessly recommend shows to your friends who haven’t watched them yet.
Generate an entire catalogue of show recommendations driven by your social graph.
Rank friends based on your assessments of their recommendations.
See the shows recommended by your most trusted friends first.
Users can form chat groups and direct messages around particular shows and episodes.

Use of Proceeds

  • Working Capital
  • Intermediary fees

Management Team / Advisory Board Bios

Chelinde Edouard
CEO
Chelinde (Che) Edouard is the CEO of Watch Party. Che brings his experience in data as a Senior Business Intelligence Analyst for HarbourVest Partners and will be graduating in May 2020 with his Master of Science in Business Analytics from Babson’s F.W. Olin Graduate School of Business. Mr. Edouard has worked in the financial Industry since graduating from Boston University’s Questrom School of Business. He previously worked at State Street as a Business Analyst in the Corporate Finance Data Analytics & Reporting team.

Rob Maiello
CFO
Rob graduated from the University of Miami in 2014. He is currently employed at Lord, Abbett & Co. LLC. Currently, he is involved in the Client Lifecycle Management team where he internalizes and helps visualize data in an interactive way for the sales and leadership teams as well as helping the process of client account onboarding. He also passed the first level of the Chartered Financial Analyst (CFA) Program.

Ben Aronberg
Lead Developer
Ben Aronberg is a software developer at Watch Party. He primarily spends his time prototyping the mobile app, as well as contributing to design and UX discussions. Ben graduated from the University of Miami with a B.S. in Computer Science, and brings several years of software consulting and implementation experience from his time at Alight Solutions. His love of problem solving and binge watching TV are what drives his passion for bringing Watch Party to fellow bingers everywhere.

Aimee Carvalho
Lead Designer
Aimee Carvalho is Watch Party’s resident Designer. Her background lies in UI/UX Design, Data Visualization, BI Reporting and Dashboard Design. She earned her Bachelor’s Degree in Business Management with a concentration in Information Systems from Boston University in 2013. Since graduating, she has primarily worked within the realm of consulting, across a variety of industries including advertising, healthcare, insurance, energy supply, shipping and transportation, higher education, and IT security.

Mark Sneed
Chief Creative Officer
Mark Sneed is currently a Securities Operations Associate at JPMorgan Chase & Co, working with auditors and internal teams to produce timely, accurate financial statements. Before joining JPMorgan, Mark worked for State Street Bank & Trust for five years. He uses his analytical skills, gregarious personality, and passion for TV to help the team create and market the Watch Party app. As Chief Creative Officer, Mark develops new ideas for the Watch Party platform, assists Aimee with the app design, and provides feedback to the development team via internal testing.

Deal Notes

Price per Share: $2.14

Amount Raised : $37,501
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