Test the Waters
Fangame (yc W21)

Fangame (yc W21)

Influencers make money by hosting quizzes with their fans and followers

Print
View on Wefunder
Security Type
SAFE
Min Investment
$100
Location
Delaware, OH
Offering Date
April 21, 2021
Expected Close Date
July 20, 2021

Key Deal Facts

Reached $30k GMV in March, $10k GMV in Feb and Growing 30% WoW
$12B market opportunity
Virtually zero CAC model like CoinBase. Basically acquiring users for $0.
Fastest growing industry in India (55% YoY); 100M casual gamers with real money
$700k in commitments on the same terms from Roblox Folks and Kunal Shah
The founding team is IIT graduates, ex- Growth head Paytm and serial entrepreneurs

Management Team / Advisory Board Bios

Bharat Gupta, CEO
Ex-Paytm - Growth Head Consumer Internet. ISB ‘14 | NSIT ‘09 (CS)

Pritesh Kumar, CTO
Computing Wizard. Ex-Entrepreneur. IIT - Delhi ‘13 (Computer Science)
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

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment