Khal

A platform for novice cooks & professional chefs to show their cooking skills

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Claim My Business
Form C
View on Wefunder
Security Type
CAFES
Categories
Entertainment, Technology, Art & Collectibles, Food & Bev
Min Investment
$500
Location
Jersey City, NJ
Expected Close Date
July 30, 2022
Target Raise
$50.00K-$1.18M
No. Investors
26
Security Price
$1
Website
khal.com
Number of Employees
21
Cash
$128
Revenue
$0
Short Term Debt
$43,856
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-25,178

Company Description

Khal.com is a platform where users can make profiles and show their cooking skills. It is both a social network and a professional network for cooking enthusiasts.

Perks

10000 - A letter signed by the CEO thanking you for being an early investor in Khal

Key Deal Facts

As of 10/26/2021 Khal has 157,945 users | 86,665 recipes
Cooking world needs an online community. We are a social network & professional network for cooks.🍳
Professional Chefs can add their Khal.com profile to their bio when they apply for a job.
Cooking enthusiasts πŸ˜‹can add their Khal.com profile to their Social Network / Dating pages.
Khal.com has the best team. made up of top culinary experts, top media experts and top finance experts.
Khal.com's experienced founder has taken a company from 0 to $9.6 million in annual sales in 4 years.
The web site is up and running. You can check it at Khal.com. The CEO is also the CTO.πŸ€“
Amount Raised : $310,000
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The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
β“˜
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
β“˜
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
β“˜
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

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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