TheClub App

TheClub App

Virtual DJs & Parties

Print
Security Type
Unsecured Loan
Categories
Entertainment
Min Investment
$100
Location
Ewing, NJ
Offering Date
January 04, 2021
Expected Close Date
April 05, 2021
Target Raise
$25.00K-$50.00K
Deal Notes

The notes are being valued at face value. If you invest $100, you will receive a Term Note valued at $100. We do not anticipate ever putting a value on the notes in the future.

Company Description

TheClub is a live-streaming mobile app that connects DJs and party-goers for unique virtual party experiences.  It's a place where DJs get discovered, booked, and paid right within the app for throwing amazing virtual parties.  TheClub App was a product born out of necessity.  Since the pandemic started, thousands of DJs are out of work due to the closing of most nightlife clubs and venues.

Use of Proceeds

  • MiVenture Fee
  • Marketing
  • Product Dev

Management Team / Advisory Board Bios

Darrel Frater
Founder & CEO
Has a Bachelors in Business and is an MBA candidate at The College of New Jersey specializing in Strategy, Innovation, & Leadership. Darrel is also a Venture Fellow at Score 3 Ventures. As a serial entrepreneur, his first startup success was Prom Social. As a serial entrepreneur, his first startup success was Prom Social. As a philanthropist, he started a Non-Profit called the "Urban Students Bridge to Success that coordinate college mentors to equip urban youth with the tools and resources they needed to success in school. They reached 150 students, many of which went to high-profile universities and colleges as a result of his program.

Deal Notes

The notes are being valued at face value. If you invest $100, you will receive a Term Note valued at $100. We do not anticipate ever putting a value on the notes in the future.

Amount Raised : $0
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

An unsecured loan is a loan that is issued and supported only by the borrower’s creditworthiness, rather than by any type of collateral. Unsecured loans are approved without the use of property or other assets as collateral.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments