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Security Type
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Convertible Note
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Categories
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Other
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Min Investment
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$400
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Location
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Rancho Cucamonga, CA
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Offering Date
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July 19, 2019
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Expected Close Date
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October 22, 2019
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Target Raise
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$10.00K-$107.00K
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Deal Notes
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20.0% Discount Rate
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Valuation
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$7,000,000
Company Description
In today’s fast-paced world, GLOW creates award-winning nutritionally enhanced premium beverages that give your body what it needs to enjoy an active, healthy and productive lifestyle. GLOW is perfect for any occasion, from the gym and office, to a night out.
Perks
$500+ Glow Owner T-Shirt
$1,000 10% annual discount
$2,500+ (15% annual discount on GLOW products + 3% increase on Annual Interest Rates.)
$5,000+ (20% annual discount on GLOW products + 5% increase on Annual Interest Rates + GLOW Insider Group)
$20,000+ (Above + invitation to founders dinner + 10% Annual Interest Rates + GLOW Insider Group)
Key Deal Facts
Facebook HQ, GOOGLE, Ring, UBER, Pandora, Zip Recruiter- chosen by the largest tech companies in the world to provide functional beverages to their team.
Reaches over 1M dance and music fans through an exclusive partnership with several of Insomniac’s (A Live Nation Partner) festivals and nightlife venues.
CEO and serial entrepreneur, John Larson, has an extensive and diverse background having built numerous successful businesses.
Use of Proceeds
Inventory, Marketing, Company Employment, Intermediary Fees
Management Team / Advisory Board Bios
John Larson
Founder / CEO
John Larson has an extensive and diverse background with entrepreneurship. John’s thirst for success has been the driving factor for many successful businesses. This is also paired with his success in real estate investments over the last decade. John’s leadership has always shined and this is very much the case with his latest and biggest project, GLOW Beverages, to be the most exciting of them all. John prides himself on the creation of this innovative product.
Natalia Simpson
Director of Operations and Logistics
Natalia holds the role of operations development and logistics management. Her background is in working with small businesses and is used to ever adapting roles within the workplaces. Natalia obtained her Bachelors of Science in Business Administration with a concentration in Management and Human Resources at California State Polytechnic University at Pomona. With a goal to be a better rounded business professional, she completed her Master’s in Business Administration in 2016.
Steve Jaramillo
Controller
Steve is our Controller and is a key contributor to GLOW Beverages’ financial statement, and budget analysis for GLOW Beverages. He prides himself in contributing to GLOW's optimal and cost efficient performance measures. Steve has a Bachelor’s of Science in Business Administration with a concentration in Accounting from University of California - Riverside. Steve intends to further his passion and knowledge in Accounting, and is currently a CPA candidate.
Kevin Conrad
Sales & Distribution
Kevin Conrad has a very solid record of measured results in the beverage industry working for Start-ups to some of the largest beverage companies in the world. Starting as a street level sales representative, he quickly was promoted into senior roles successfully managing national and international sales teams. He has distributor and supplier experience giving him keen insight on how to increase relationships and sales by adding value. Kevin has current distributor and key account relationships that will be vital in his role. He has employed and supervised business development for over 850 distributors nationwide.
