Dropkey

Hollywood Pop-Up Studio DropKey App

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Security Type
Debt
Categories
Technology, Entertainment, Retail
Min Investment
$100
Location
Los Angeles, CA
Offering Date
August 26, 2021
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.07M
No. Investors
119
Security Price
$1
Website
dropkey.com
Number of Employees
3
Cash
$11,861
Revenue
$0
Short Term Debt
$40,682
Cost of Goods
$0
Long Term Debt
$109,601
Net Income
$-9,311

Company Description

DropKey is a Consumer-friendly green screen app that pairs with the DropKey Pop-up Studio in a Bag so you can have your own Hollywood-style Movie Studio at home or on the road. The DropKey Ads Creator by subscription enables Creators with no production experience make professional quality videos.

Key Deal Facts

Successful Kickstarter raised $250k, 800+ orders, receiving orders every day with zero ad spend
Experienced Academy, Emmy and Edison Award-winning team prepped for global launch
DropKey enables creators without production experience enter professional market & generate income
U.S. Utility Patent granted, filed overseas with huge TAM and low CAC
YouTubers & influencers can earn money w/interactive CGI characters & editable scripts/teleprompter
Founder is former Disney, NBC, Viacom Exec and Edison Award winner--Best Digital Product Innovation
Partnered w/Studionow.com, adding 12,000 more production companies to DropKey Creator Network 17k
DropKey offers freedom to the Handicapped Community to create professional green-screen videos

Management Team / Advisory Board Bios

Rockwell Scharer, Founder and Chief Executive Officer
Founder and CEO, DropKey, inc. *Thomas A. Edison Award Recipient* for Best Digital Product Innovation in Digital Media, former Disney, NBC, Viacom, Live Nation, Paramount Executive, top 40 recording artist, helped build the Space Shuttle

Jennifer Stowell, Chief Operating Officer
Best selling author and sales expert with extensive experience in online eCommerce marketing on social media, affiliate marketing and trend analysis, MPA

Matt Matkov, General Counsel (Southern Cal)
Matt has extensive experience in startups, entertainment, licensing and operations. As previous General Counsel/VP of Licensing and Operations for Kobe Bryant and Granity Studios, he brings a wealth of experience to help scale for hyper-growth.
Amount Raised : $104,595
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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.

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