Hive Social, Inc.

Hive Social, Inc.

Hive was created to give a modern, revitalizing take on social media

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Security Type
CAFES
Categories
Retail, Community & Lifestyle, Technology
Min Investment
$100
Location
Fountain Valley, CA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$124.00K
No. Investors
302
Security Price
$1
Website
hivesocial.app
Number of Employees
5
Cash
$839
Revenue
$1,999
Short Term Debt
$8,000
Cost of Goods
$1,999
Long Term Debt
$122,662
Net Income
$-48,126

Key Deal Facts

Reservation required
📈 $10 billion global social media market annually
🔥 Distribution on the iOS App Store 600K app downloads to date
🙌 Strategic partnerships with Google Cloud, iHeartMedia, and Universal Music Group

Management Team / Advisory Board Bios

Kassandra Pop FounderI noticed an increasing demand for a new social media app as dissatisfaction with current ones increased. I self-taught myself how to code in summer 2019, deployed our first version in October 2019, and have since scaled Hive Social to 600K users.
Amount Raised : $102,201
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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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