Doodeo

The LinkedIn for entertainers

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Security Type
CAFES
Categories
Entertainment, Technology, Service Businesses
Min Investment
$100
Location
Newark, DE
Offering Date
December 01, 2020
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$426.00K
No. Investors
23
Security Price
$1
Deal Notes

Discount: 20%

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $5.85M in the future.

Valuation
$6,500,000
Website
doodeo.com
Number of Employees
5
Cash
$51,834
Revenue
$0
Short Term Debt
$29,469
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-221,068

Company Description

Entertainers are amongst earth’s mightiest storytellers, yet they don’t always get the chance to showcase their talent to those who are seeking it most. We all know someone artistic who can’t fully live their dream because they're simply not landing enough gigs, so they're forced to do work they don’t love to keep the lights on. On the other end, people are looking for remarkable entertainers to help them create lasting memories, but they sometimes don’t know where to start. Online directories lack transparency and clarity, leaving them to depend on less-preferred recommendations, even though the best person for their needs could be literally living next door. 

Perks

Invest $500+ for 1 year free Pro subscription (that can be used by you or gifted)
$1,000+ All of the above + a 50% discount ad coupon on Doodeo ads.
$5,000+ All of the above + a Zoom chat with the Founder and team.
$10,000+ All of the above and a lifetime Doodeo Pro subscription (that can be used by you or gifted) and early access to our new products before going live.
Invest $500+ for 1 year free Pro subscription (that can be used by you or gifted)
$1,000+ All of the above + a 50% discount ad coupon on Doodeo ads.
$5,000+ All of the above + a Zoom chat with the Founder and team.
$10,000+ All of the above and a lifetime Doodeo Pro subscription (that can be used by you or gifted) and early access to our new products before going live.

Key Deal Facts

Global market expected to reach a value of nearly $314.29 billion by 2022.
Advisors from Google, Amazon, Netflix, and Forbes Tech Council.
Recognized by Ludacris, Charlie Sheen, and Wilf Scolding from Game of Thrones.
USA Market size alone: $40.7B
USA yearly industry growth: 2.4% (That's almost $1B a year)

Use of Proceeds

$50,000

  • 24% product development
  • 37% marketing
  • G&A/COGS 31.5%
  • Wefunder fees 7.5%.

$1,070,000

  • 37% product development
  • 20% marketing
  • G&A/COGS 35.5%
  • Wefunder fees 7.5%.

Management Team / Advisory Board Bios

Rony Hage
Founder and CEO
Over 10 years of experience in the media handling +$700M annual revenue. His passion to connect entertainers to opportunities drives Doodeo's mission.

Geraldo Pereira Junior
Head of Growth
Previously head of Growth at JivoChat in Brazil. A business messenger app generating multi-million $ in yearly revenue.

Veronika Sabir-Idrissi
Marketing Manager
Marketing Ninja with a comprehensive professional background in marketing and advertising. Veronika's high creativity combined with her consumer marketing expertise makes her a lethal growth strategist.

Vijendra Kumar
Head of Engineering
Vijendra's vast startup expertise and passion for connecting people in digital spaces make him a master of social media tech.

Dr. Evan Luthra
Executive Advisor and Investor - Growth
Top 30 under 30 Entrepreneur at 24. Forbes tech council member at 25. 6 exits by the time he turned 25. Honorary Ph.D. in Blockchain. Featured speaker at Google, TedX, World Economic Forum, and many more.

Irene Chung
Executive Advisor - Technical and leadership
EX-GOOGLE and AMAZON. Irene has a vast experience in building teams to launch cool things that matter for Google, Netflix, Amazon, and IBM. Delivered conference talks from engineering excellence to design thinking.

Deal Notes

Discount: 20%

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $5.85M in the future.

Amount Raised : $251,500
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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.

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