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Security Type
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SAFE
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Min Investment
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$100
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Offering Date
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October 16, 2020
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Expected Close Date
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February 18, 2021
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Target Raise
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$50.00K
Company Description
Joi is a bot that allows Direct Sales consultants to make sales directly on Facebook. This greatly reduces friction in the buying process, which is a solution that is urgently needed in this industry. In 5 years, we hope to be fully integrated with the 200+ Direct Sales companies throughout the United States. The Direct Sales industry is also popular in South America, Asia, and Europe, so there's plenty of room for international expansion as well. (These are future-looking projections and are not guaranteed)Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.
Perks
Invest $1,000+ for Receive two Joi T-shirts, plus a couple of fancy laptop stickers!
$10,000+ Receive two Joi T-shirts, two laptop stickers, plus a call from the CEO!
Invest $1,000+ for Receive two Joi T-shirts, plus a couple of fancy laptop stickers!
$10,000+ Receive two Joi T-shirts, two laptop stickers, plus a call from the CEO!
Key Deal Facts
We are partnering with a software company that's allowing Joi to integrate with 50 of their clients.
We've already met with every single Direct Sales company in the state of Utah (& many in TX and FL).
Since the Covid crisis began, Direct Sales companies are reporting historic growth in sales.
The Direct Sales industry is heavily networked so word about Joi will quickly spread online.
Joi will increase sales for Direct Sales consultants by removing friction from the buying process.
Our team is deeply connected with the Direct Sales industry and knowledgeable about the market.
Use of Proceeds
$50,000
- 92.5% towards the software cost for building Joi and integrating with first Direct Sales software
- 7.5% Wefunder fees
$100,000
- 75% towards the software cost for building Joi and integrating with first Direct Sales software
- 10% for Direct Sales rep marketing and customer success
- 7.5% for corporate operational expenses
- 7.5% Wefunder fees
Management Team / Advisory Board Bios
Michael Stevens
CEO
Michael is a professional web developer, video editor, and graphic designer with many years of management experience in the tech industry.