BYGMusic

BYGMusic

Connecting advertisers with passionate music fans

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Security Type
CAFES
Categories
Technology, Entertainment, Media
Min Investment
$100
Location
Manhattan Beach, CA
Expected Close Date
April 30, 2023
Target Raise
$25.00K-$107.00K
No. Investors
19
Security Price
$1
Website
bygmusic.com
Number of Employees
5
Cash
$50
Revenue
$636,749
Short Term Debt
$16,000
Cost of Goods
$406,180
Long Term Debt
$837,538
Net Income
$-270,850

Key Deal Facts

📈Post revenue with major clients including Disney, Hulu, Crocs and Amazon
🧲Average campaign retention rate of 18%
⚡️Unparalleled network of brands and music stakeholders, including Roc Nation and Atlantic Records
💡Experienced team with 3 Grammy awards, multiple exits, and industry experience at MTV and Viacom
🏝Finalist for Silicon Beach Startup of the
Year (2019)
💻Platform MVP Fully Developed

Management Team / Advisory Board Bios

Krish Sharma CEO25 years in music as a producer, recording engineer, and business owner. 3-time Grammy winner with multiple platinum albums. Studio clients include major artists such as the Rolling Stones and Ziggy
Marley., Michael Alden President & COO4x CEO with successful exits. Extensive experience leading growth, revenue, and operations management for SaaS startups. Cross-functional experience as CEO, President, Advisor and Operations & Strategy Executive., Brendan Shepherd Head of Brand Partnerships18-years of experience in ad sales at companies like MTV. Former VP at Viacom with 360 sales leadership – TV, digital and social media agency and client background.
Amount Raised : $80,750
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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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