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Ponder

The easiest way to make and find referrals

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Security Type
SAFE
Categories
Other
Min Investment
$100
Location
Los Angeles, CA
Offering Date
November 23, 2018
Expected Close Date
March 23, 2019
Target Raise
$50.00K-$1.07M

Key Deal Facts

Unique approach for making referrals across multiple verticals has the potential to revolutionize the $80 billion+ referrals industry!
Relationship Referrals - 80k registered users for dating referrals app, with match rates 6 x higher than popular dating apps
Job Referrals - database sharing partnership with Recruiter.com, the world’s leading website for the recruitment industry with tens of millions of dollars of placement fees on its platform
Investors include Joe Abrams, MySpace co-founder, Michael Egan, former CEO of JDate/Christian Mingle, and Wilson Sonsini, the leading Silicon Valley law firm
Founder Manshu Agarwal is a Cambridge engineer and Columbia MBA, who helped raise $100 million as a business developer at a biotechnology company, worked as a Wall St investment banker, and was a strategy consultant for Fortune 500 companies.
Partnership with Times of India, the largest media group in India, who are providing advertising credits for growth in Asia

Use of Proceeds

Marketing Expense Reimbursement: 16% - 9.4%

Estimated Accounting/Auditor Fees: 4% - 1.9%

General Marketing: 40% - 37.4%

Future Wages: 0% - 25%

Republic Commission: 6%

Repayment of Debt: 34% - 20.4%

Management Team / Advisory Board Bios

Manshu Agarwal - Co-founder & CEO
Manshu is a Cambridge engineer, Columbia MBA and has 20 years of top-tier startup and corporate leadership experience.
During his career he has helped raise over $100m for startups.

Chris Imani - Co-founder & CTO
Chris is a top-tier CTO who has done it all. He was previously CTO of Storybox, a social marketing platform funded by Eric Schmidt’s VC fund. He built the platform and helped scale it to 4m hits per day.

Dan Flanegan - VP of Product Marketing
Dan has 15 years of product marketing experience. He grew the photo-sharing app Butter to over 1.5 million users. He is a mentor at top LA accelerator, Mucker Lab.

Patrick Maxwell - Creative Director
16 years of design experience. Has designed websites and mobile apps for Forbes, Hilton, AP News, and Law.com among others.

Elliot Yan - User Acquisition
15 years of digital marketing experience. Grew own advertising firm to $10m+ run rate. Created business models for Idealab, the famous incubator.

Rajiv Vyas - President, South Asia
Senior exec with tech, media, and startup experience. Former head of Hinduja TMT, India’s largest cable company. Produced Indian Idol and several other popular TV shows.

Denis Korkhov - Blockchain Consultant
Denis is a cryptoplatform architect and consultant. His extensive software development experience includes blockchain, Ethereum and Solidity.

Joe Abrams - Board Observer
Joe has vast experience in leading and growing early stage tech companies. He is the co-founder of MySpace which he sold to Newscorp for $580m. Prior to that he founder The Software Toolworks, which he sold to Pearson for $462m.

Michael Egan - Adviser
Over 20 years of experience in dating and internet brands. Former CEO of Spark Networks (NYSE: LOV), the owner of Christian Mingle and JDate. Former GM at Internet Brands and Senior Director at Yahoo.

Matt Curtis - Adviser
Over 10 years of product and gaming experience. VP of Product Marketing at Zynga, formerly Sr Product Director at Kabam. Has helped develop and grow several of the most popular mobile games in the world.

Peter Davison - Adviser
First investor in Paypal. Owner of Australia’s largest incubator. Co-founded Beijing-based ntech rm, with current run rate of over $1bn RMB. Runs a Shanghai-based seed fund, 23Seed. One of the judges in Chinese version of Shark Tank.

Irfan Kamal - Adviser
Over 20 years of marketing and startup experience. Former EVP at Ogilvy & Mather. EIR at Bezos Expeditions.

James Fowler - Adviser
Professor at UCSD and pre-eminent academic on social networks. Adviser to Facebook. Author of ‘Connected: How your friends of friends affect everything you think feel and do’

IK Song - Adviser
Professor at Korea University teaching Technology Investment and M&A. Leads Hotfund Investment Advisory, linking investors with digital asset opportunities. Former fund manager at Korea Post.

Jupil Joung - Adviser
Co-CEO of Blockchain Times, the fastest growing blockchain magazine for Korea. Editorial Board of Sunday Journal and Financial Today. Member of Samsung Electronics Management Innovation Team.

Ismail Malik - Adviser
Editor for ICO Crowd magazine, the world’s first publication for the ICO industry. Founder & CEO of Blockchain Lab, a crypto technology company focused on R&D on Ethereum, Bitcoin, and Corda blockchains.

Alex Lubinsky - Adviser
Successful technology entrepreneur and investment banker. Currently CEO of Rentberry, the blockchain-based property rental tool, which he recently led to a successful $30m ICO.

Mickey Choi - Adviser
Mickey Choi has been serving as a representative of the stock market community in Korea. He was an early covert to blockchain projects and is involved in ICO project analysis, marketing, incubation and consulting for investors around the world.

Vivi Lin - Adviser
Vivi Lin is the founder and CEO of blockchain-focused TV channel “On the Block”, and partner at Crypto Capital which invests in and incubates blockchain startups.
Amount Raised : $107,000
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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.

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