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Security Type
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SAFE
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Categories
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Education
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Min Investment
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$40
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Offering Date
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June 18, 2018
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Expected Close Date
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December 31, 2018
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Target Raise
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$25.00K-$1.07M
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Deal Notes
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- Type of security: Crowd Safe · Learn more
- Discount: 20%
- Valuation cap: $8,000,000
- Investment size: min $40, max $107K
Company Description
Paragon One’s CareerMapper 1.0 is a multi-step software-driven process. It systematically takes students through a process that progresses from receiving career guidance, to learning how to source interviews, to learning how to ace interviews. Along the way, CareerMapper 1.0 gives students access to career coaches, crowdsourced advice from over 500 industry insiders at top companies, and tools to track progress toward landing an offer.
Perks
Invest $40 - Option to have your name on the Paragon One investor "Thank you" page for those who support helping students launch a meaningful career
Invest $100 - All the above + professional resume feedback from a Paragon One coach for you or someone else
Invest $250 - All the above plus a Paragon One T-shirt
Invest $500 - All the above plus a live 1-on-1 "career launch" coaching session for you or someone else
Invest $1,000 - All the above and an advisor session with an "industry insider" for you or someone else
Invest $2,500 - All the above + invitation to livestream event for major investors and the Paragon One team
Invest $5,000 - All the above + invitation to the next advisor-student happy hour in New York City
Invest $10,000 - All the above + lunch with an Advisor from the Industry Insider network
Invest $25,000 - All the above + a complimentary CareerMapper ($6,495 value) enrollment for you or someone else
Invest $50,000 - All the above + lunch with the CEO + appointment to Board of Advisors
Key Deal Facts
Platform helping college students land jobs through coaching and connections
97% of users have successfully landed jobs or internship offers
240% annual growth from 2016 to 2017
Led by MIT-trained serial entrepreneurs with 3 exits
Backed by Learn Capital, University Ventures, and Foundation Capital
Y Combinator W17 batch alumni
Use of Proceeds
- Intermediary Fees 6.00%
- Campaign marketing expenses or related reimbursement 1.00%
- Estimated Attorney Fees 0.28%
- Estimated Accountant/Audi tor Fees 0.33%
- General Marketing 20.09%
- Research and Development 14.02%
- Future Wages 20.00%
- General Working Capital 38.28%
Management Team / Advisory Board Bios
Matt Wilkerson
Co-Founder & CEO
Co-founder / CFO @Ahalife (listing on ASX) • VC @Technology Crossover Ventures • Investment Banking @ Morgan Stanley • B.S. in Computer Science & Engineering and BS in Management Science from MIT
Byron Hsu
Co-founder & CTO
Founder / CEO / CTO @XenonProject (Acquired) • Founder / CEO / CTO @ModernEveryday (Acquired) • B.S. in EECS and B.S. in Materials Science from MIT • Masters in EECS from MIT
Huixian Ye
VP of Business Development
Director of Finance @ James Capital Partners • Controller @ Eton Park • Controller @ Och-Ziff • Senior Auditor @ Deloitte • B.S. in Finance & Accounting from Boston University
Cian O'Leary
Senior Software Engineer
Software Engineer @ Fabric Corp • Lead Web Developer @ iRecruit Australia • B.S. in Computer Science from Queensland University of Technology
Tom Willerer
Product Advisor (former CPO, Coursera)
Partner @ Venrock • Chief Product Officer @ Coursera • VP of Product Management @ Netflix • Director of Product Management @ Facebook •
Teddy Zee
Advisor
Producer @ Teddy Zee Productions • President @ Overbrook Films • President @ Davis Entertainment • EVP @ Columbia Pictures • SVP @ Paramount Pictures
Chuck Cohn
Advisor
Founder & CEO @ VarsityTutors • VC @ Ascension Ventures
Jimmy Lai
Advisor
CFO @ 51Talk • CFO @ Chukong Technologies Corp • CFO @ Gamewave Corporation • CFO @ Daqo New Energy Corp. • CFO @ Linktone Ltd.
Deal Notes
- Type of security: Crowd Safe · Learn more
- Discount: 20%
- Valuation cap: $8,000,000
- Investment size: min $40, max $107K