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Security Type
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Debt
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Categories
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Entertainment, Technology, Community & Lifestyle
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Min Investment
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$100
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Location
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West Hollywood, CA
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Offering Date
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July 02, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$100.00K-$1.07M
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No. Investors
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145
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Security Price
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$1
- Number of Employees
- 4
- Cash
- $28,703
- Revenue
- $0
- Short Term Debt
- $124
- Cost of Goods
- $0
- Long Term Debt
- $50,764
- Net Income
- $-22,185
Company Description
Streaming and content creation, coupled with a strong community can be a positive influence on a person's life, both mentally and financially. Yet, so many creators only realize this out after burning out. We're creating a platform that'll help you find that future, without the anxiety or the burnout.
Key Deal Facts
A Public Benefit corporation dedicated to making content creation a more mentally healthy industry.
Focused on the safety and well-being of our creators and their communities.
Filipino-founded, with a diverse founding team.
Run by a team that has lived through the explosion of the streaming industry over the last 10 years.
$250k long-term CEO investment. $10k raised through lightly-advertised crowdfunding.
Management Team / Advisory Board Bios
Bryan Veloso, Founder & CEO
20-year web design veteran. Early hire at Facebook, GitHub, Automattic, and Twitch. Broadcasted on Twitch full-time for 6 years. Passionately loud.
Cody Wilson, Chief Technology Officer
15-years in the IT operations and infrastructure space, running the gamut from broadcasting to edtech to healthcare. Designed and operated live streaming charity events for over a decade.
Dave McNally, Design Lead
15 years web design experience, working for companies such as Nike and Bentley and none have excited or motivated me like Altair does.
Reveal the Score by Voting
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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
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.