{"data":{"type":"company_profile","id":125413,"entity_id":"wefunder:company:125413","attributes":{"canonical_url":"https://wefunder.com/avenida","generated_at":"2026-06-06T07:10:21Z","updated_at":"2026-06-06T05:01:45Z","entity_ids":{"company":"wefunder:company:125413","slug":"wefunder:company_slug:avenida"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-06T07:10:21Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:10:21Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-06T05:01:45Z","as_of":"2026-06-06T07:10:21Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-03-10T20:01:13Z","as_of":"2026-06-06T07:10:21Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-03-10T20:01:13Z","as_of":"2026-06-06T07:10:21Z","confidence":"medium"}}},"company":{"id":125413,"entity_id":"wefunder:company:125413","slug":"avenida","name":"Avenida Entertainment Group, Inc","tagline":"Join us in launching an English-language streamer for US Latinos!","story":"According to Nielsen, Latinos only get 2.3% of leading roles in TV and only 5.1% of leading roles in film. Almost half of those roles\u0026nbsp; are negative stereotypes.We have found innovative ways to close the gapWe’re creating a fully integrated ecosystem where Latino filmmakers can crowdfund for their projects, we help co-produce them and then stream them directly to Latino audiences via our new streaming platform, A+US Latinos are the biggest consumers of media Not only do they buy 1 in 4 movie tickets, but\u0026nbsp; they also stream the most content. We launched a crowdfunding platform to help our clients get their projects fundedOur rewards based crowdfunding platform provides FREE automated coaching to users so they can raise more funds. Our platform has nearly 90% success rate, with over $1 million raised for close to 100 projects from 9,000 unique contributors!And now we're getting ready to launch A+ a streaming platform for US Latinos where our stories can thrive!US based Latinos consume streaming $4b annually worth of content, but have no dedicated streaming platform. With our existing studio and client base, we are positioned to be a leader in this space.Here's an example of the content we will host on A+We have created a pipeline of filmmakers and our content acquisition costs will remain low compared to other streaming platforms while incentivizing filmmakers with a generous revenue share program.We're unlike any other streamerHow we're using the fundsWe are lean and powerful. With the funds raised during the campaign we will be set up for success.We have a clear plan to profitabilityWe already have thousands of pre-sign ups for our launch in November. Based on this interest, the industry size and competitors in the space we have crafted a clear path to launch and scale A+Note: Forward-looking projections cannot be guaranteed.Read about us in the press!","location":"Los Angeles, California","website":"https://avenida.tv/","total_amount_raised":139858,"total_investors":164,"is_funded":true,"is_active":true,"quality_score":2,"related_urls":["https://wefunder.com/avenida","https://avenida.tv/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/125413/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/125413/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/125413/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/125413/standard_blob.jpg","profile_video_url":"https://wefunder.wistia.com/medias/q3wyp37gdi"},"links":{"company_url":"https://avenida.tv/","instagram_url":"https://instagram.com/avenidaproductions/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Launching A+, an English language streaming platform for US Latinos"},{"index":2,"claim_id":"claim-fact-2","value":"Addressing the US Latino streaming consumption of $4 billion annually"},{"index":3,"claim_id":"claim-fact-3","value":"Developed a tech-driven crowdfunding platform for creatives; 90% success rate and over $1m raised"},{"index":4,"claim_id":"claim-fact-4","value":"Hundreds of content hours secured with hundreds more in development for A+"},{"index":5,"claim_id":"claim-fact-5","value":"Highlighted in Forbes, Variety, Reuters, and other major publications"},{"index":6,"claim_id":"claim-fact-6","value":"Led by Founders + Advisors with rich industry experience from NatGeo, HBO, Hulu, Warner, and PBS"},{"index":8,"claim_id":"claim-fact-8","value":"Hundreds of projects have been funded and produced in our ecosystem"}],"team":[{"id":3217081,"entity_id":"wefunder:company_role:3217081","user_entity_id":"wefunder:user:2775452","role":"founder","name":"Fanny Grande","title":"CEO \u0026 Co-Founder","bio":"Venezuelan-American award-winning filmmaker with more than 20 years of experience in the entertainment business. Completed the Latino Entrepreneurship Initiative at Stanford University. Fellow at the Geena Davis Institute.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3217081/square_blob.jpg?1707436147","profile_url":"https://wefunder.com/fannygrande","linkedin_url":"https://www.linkedin.com/in/fannyveliz/","related_urls":["https://wefunder.com/fannygrande"]},{"id":3225410,"entity_id":"wefunder:company_role:3225410","user_entity_id":"wefunder:user:2775457","role":"founder","name":"Nelson Grande","title":"COO \u0026 Co-Founder","bio":"Over ten years experience in the entertainment industry and twenty years experience in sales. Experienced independent producer and sales management with several startups. Have helped fund over fifty films in a year through non-traditional methods.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3225410/square_blob.jpg?1717688061","profile_url":"https://wefunder.com/nelson.grande","linkedin_url":"https://www.linkedin.com/in/nelsongrande/","related_urls":["https://wefunder.com/nelson.grande"]}],"featured_investors":[{"id":2851,"entity_id":"wefunder:company_investor_profile:2851","investor_profile_id":3634657,"investor_profile_entity_id":"wefunder:investor_profile:3634657","subject_entity_id":"wefunder:notable_investor:8422","name":"Lattitude Ventures","bio":"Venture Investors connecting the fastest growing startups to the world’s biggest companies.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MzE5NDUsInB1ciI6ImJsb2JfaWQifX0=--60993237003942cfbee3182b7f721879ac817127/1546536416181.jpeg","profile_url":"https://wefunder.com/lattitude.ventures.1","is_lead_investor":false,"related_urls":["https://wefunder.com/lattitude.ventures.1"]},{"id":2852,"entity_id":"wefunder:company_investor_profile:2852","investor_profile_id":3634658,"investor_profile_entity_id":"wefunder:investor_profile:3634658","subject_entity_id":"wefunder:notable_investor:8423","name":"nahrep","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MzE5NDAsInB1ciI6ImJsb2JfaWQifX0=--f96a62f8a195c28f7e8cf41a4e1b5d76dda44720/Screenshot%202023-10-13%20at%2011.45.48%20AM.png","profile_url":"https://wefunder.com/nahrep.1","is_lead_investor":false,"related_urls":["https://wefunder.com/nahrep.1"]},{"id":5921,"entity_id":"wefunder:company_investor_profile:5921","investor_profile_id":2254670,"investor_profile_entity_id":"wefunder:investor_profile:2254670","subject_entity_id":"wefunder:user:2786728","name":"Jai Bugarin","bio":"I am a bilingual and bicultural entrepreneur with over 13 years of experience in the digital space.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/2786728/medium_cropped_Professional_Pic.jpg","profile_url":"https://wefunder.com/jaibugarin","endorsement_quote":"From launching Tutele, one of YouTube's first bilingual networks, to spearheading Latinopreneurs aimed to empowering Latino entrepreneurs, I have a deep appreciation for the endeavors that uplift diverse voices, much like what Avenida Entertainment Group aims to achieve. The founders, Fanny and Nelson Grande, are not just addressing the unique challenges and opportunities in the entertainment sector, but also leading the way in empowering creators who are often overlooked. Their visionary approach to content creation and distribution is a testament to their extensive experience in the field. Furthermore, their emphasis on the underserved Latino streaming market adds a distinctive edge to their mission. Avenida, in essence, is more than just a business - it's a beacon for diverse storytellers, echoing values that I hold dear. I am excited to embark on this journey with Avenida as they shape the future of the entertainment industry. Their dedication to disrupting the status quo goes beyond being a promising investment; it represents a collective determined to push industry boundaries. I am proud to stand behind such a transformative mission.","investment_total":10000,"investment_info":"Invested $10,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/jaibugarin"]}],"investor_memos":[],"tab_counts":{"posts":13,"ask_questions":8,"featured_investors":3,"faq_entries":5},"active_fundraises":[{"id":73046,"entity_id":"wefunder:fundraise:73046","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"minimum_target":"50000.0","maximum_target":"1235000.0","funding_started_at":"2023-09-12T22:26:06Z","funding_closed_at":"2024-02-06T05:00:00Z","auto_close_at":"2024-02-06T04:59:59Z"},{"id":73047,"entity_id":"wefunder:fundraise:73047","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1235000.0,"minimum_target":"50000.0","maximum_target":"1235000.0","funding_started_at":"2022-10-27T22:20:42Z"}],"latest_fundraise":{"id":73046,"entity_id":"wefunder:fundraise:73046","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2023-09-12T22:26:06Z","funding_closed_at":"2024-02-06T05:00:00Z","terms":{"eb":"$8M","nb":"$9M","txt":"valuation cap"}},"recent_posts":[{"id":182417,"entity_id":"wefunder:feed_item:182417","type":"FeedItem::Update","visibility":"public","title":"Important Investor Update: Avenida is Winding Down","preview":"To Our Wefunder Investors,First and foremost, thank you. You believed in Avenida when we set out to grow something bold: a media company rooted in cultural pride, equity, and authentic storytelling. Your support gave us the runway to build and to try, at a time when most would not.We poured everything we had into this mission—our time, our savings, and our hearts. And while we’re incredibly proud of what we accomplished, the economic realities of today’s media landscape—especially for indepen...","published_at":"2025-05-16T21:37:11Z","author_name":"Fanny Grande","url":"/feed/182417","canonical_url":"https://wefunder.com/feed/182417"},{"id":176398,"entity_id":"wefunder:feed_item:176398","type":"FeedItem::Update","visibility":"public","title":"People love A+!","preview":"Dear Investors,We hope this message finds you well. We wanted to take a moment to provide you with an exciting update on the progress of A+, our streaming platform that continues to grow and make an impact.Since our last communication, A+ has seen a steady increase in user engagement and subscription growth. With 5,000 downloads and 20% of them as paid subscribers, we are steadily moving towards our goal of reaching 10,000 subscribers by the end of the year. The interest in premium Latino con...","published_at":"2024-09-30T21:42:48Z","author_name":"Fanny Grande","url":"/feed/176398","canonical_url":"https://wefunder.com/feed/176398"},{"id":174924,"entity_id":"wefunder:feed_item:174924","type":"FeedItem::Update","visibility":"public","title":"TODAY IS THE DAY!!!","preview":"Years of work, sweat, tears, and conviction!Dear investors,Today we launch our streaming platform A+!We wouldn't be here if it weren't for your support. We opened our company 8 years ago today with one mission \"To transform the narrative surrounding the U.S. Latino community in Hollywood and create a path for under-represented communities\"TODAY WE LAUNCHED OUR MOST AMBITIOUS PROJECT YET!\u0026nbsp;The launch of A+ an English Language Streaming Platform for US Latinos.We ask you for support. These ...","published_at":"2024-07-31T21:26:16Z","author_name":"Fanny Grande","url":"/feed/174924","canonical_url":"https://wefunder.com/feed/174924"},{"id":170359,"entity_id":"wefunder:feed_item:170359","type":"FeedItem::Update","visibility":"public","title":"Our wefunder is closing","preview":"We have some exciting news to share!We are just a few weeks away from launching our platform! We wouldn't be here if it weren't for all of you! As an investor, you will get a sneak peek of the platform before everyone else, we're excited to share A+ with you and hear your feedback. We are also closing our wefunder in just two days. If you haven't funded your investment, now is the time.Thank you for believing in our mission to uplift the Latino narrative in Hollywood:Together we are launching...","published_at":"2024-01-29T18:26:15Z","author_name":"Fanny Grande","url":"/feed/170359","canonical_url":"https://wefunder.com/feed/170359"},{"id":169173,"entity_id":"wefunder:feed_item:169173","type":"FeedItem::Update","visibility":"public","title":"Watch this podcast about our work to democratize access to Hollywood","preview":"Dear investors,I had the pleasure of speaking with Laura Lucas from L'attitude Ventures, one of our investors, about the work we are doing to empower Latino creatives in Hollywood, creating a pipeline of content, and connecting them to consumers who are eager to see themselves represented in media. You can watch it below.We will be sharing some major news very soon about the launch of the streamer. We are on track to launch in just a few weeks! Look out for an update soon.Once again, thank yo...","published_at":"2023-12-08T19:28:14Z","author_name":"Fanny Grande","url":"/feed/169173","canonical_url":"https://wefunder.com/feed/169173"},{"id":168080,"entity_id":"wefunder:feed_item:168080","type":"FeedItem::Update","visibility":"public","title":"Celebrating and Amplifying Latino Heritage across the USA","preview":"Dear Avenida Community,We hope this update finds you well and inspired as we just wrapped up the month-long celebration of Hispanic Heritage Month. This special period, from September 15th to October 15th, offers a moment for reflection, celebration, and above all, an opportunity to amplify the voices and stories of the Latino community.This past month, we embarked on a nationwide campaign promoting our Wefunder and the launch of A+ an English-language Latino streamer for U.S. Latinos. We hea...","published_at":"2023-10-25T18:53:24Z","author_name":"Fanny Grande","url":"/feed/168080","canonical_url":"https://wefunder.com/feed/168080"},{"id":167410,"entity_id":"wefunder:feed_item:167410","type":"FeedItem::Update","visibility":"public","title":"This is week 8!","preview":"Pitching our Wefunder at the EXP Latino event yacht partyHola Amigos and Supporters!As we reach the end of our 8th week on Wefunder, we wanted to take a moment to update you on our progress and the milestones achieved. It's been a thrilling journey, and we couldn't have done it without each and every one of you.📈 Progress and Highlights:Funding Milestone: We've successfully reached 25% of our target funding goal! With just a few weeks left in our campaign, we're confident we can hit 100% with...","published_at":"2023-09-26T20:17:37Z","author_name":"Fanny Grande","url":"/feed/167410","canonical_url":"https://wefunder.com/feed/167410"},{"id":167170,"entity_id":"wefunder:feed_item:167170","type":"FeedItem::Update","visibility":"public","title":"A Successful Webinar!","preview":"Wow, what a great event! We want to thank everybody who joined in for our webinar. We hope you found it to be interesting and learned a lot about how Nelson and I are working tirelessly to close the gap in Latino representation across media.If you missed the webinar, you can watch the recording of it here! Thank you for your continued support in Avenida and our campaign.We’ll continue to keep you updated on any new and exciting developments as we continue building A+ into the go-to destinatio...","published_at":"2023-09-15T22:32:15Z","author_name":"Fanny Grande","url":"/feed/167170","canonical_url":"https://wefunder.com/feed/167170"},{"id":167097,"entity_id":"wefunder:feed_item:167097","type":"FeedItem::Update","visibility":"public","title":"Exciting News! Our Form C Has Been Filed – Time to Finalize Your Investment","preview":"Dear Investors,We are thrilled to announce a significant milestone in our crowdfunding journey: we've successfully filed our Form C with the Securities and Exchange Commission (SEC). This brings us one step closer to realizing our collective dream of launching a streaming platform that celebrates U.S Latinos! And now it's time to take the next important step.Action Needed: Send Your FundsFor those who have expressed interest and reserved their spot to invest, now is the moment to finalize you...","published_at":"2023-09-12T23:02:10Z","author_name":"Fanny Grande","url":"/feed/167097","canonical_url":"https://wefunder.com/feed/167097"},{"id":167090,"entity_id":"wefunder:feed_item:167090","type":"FeedItem::Update","visibility":"public","title":"Join us for a webinar this Friday, 10am PST!","preview":"Hello,Mark your calendars because we have a very exciting event to invite you to!On Friday, September 15th, 10 am PST, I will be having a\u0026nbsp;live webinar\u0026nbsp;conversation with my Co-Founder Nelson, hosted by my good friend, and fellow Latina media pioneer, Patty Rodriguez. Patty is the Co-Founder of\u0026nbsp;Lil Libros, a publishing company dedicated to reinforcing bilingualism through bilingual children's books.In this webinar, we will be discussing the gap in Latino representation across str...","published_at":"2023-09-12T19:19:42Z","author_name":"Fanny Grande","url":"/feed/167090","canonical_url":"https://wefunder.com/feed/167090"},{"id":166643,"entity_id":"wefunder:feed_item:166643","type":"FeedItem::Update","visibility":"public","title":"Today marks one month since we launched!","preview":"As we mark one month since our official launch, we wanted to reach out and provide an update on the journey so far. Your support has been instrumental and we are deeply grateful for the trust and faith you've put in us.As of today we have raised close to $230,000! That is simply incredible! We are getting ready to launch a streaming platform for US Latinos, the most under-represented group in TV and film. Not only is this a smart business move, it's the right thing to do.Tomorrow, Thursday Au...","published_at":"2023-08-23T23:00:50Z","author_name":"Fanny Grande","url":"/feed/166643","canonical_url":"https://wefunder.com/feed/166643"},{"id":166435,"entity_id":"wefunder:feed_item:166435","type":"FeedItem::Update","visibility":"public","title":"Week three of our campaign was a big success!","preview":"We are thrilled to share some fantastic progress and achievements as we wrap up the third week of our Wefunder campaign for Avenida! Your unwavering support has propelled us forward, and we're excited to update you on what we've been up to.Funding Milestone: We have proven that there's interest in the campaign! Thank you to each and every one of our backers for believing in our vision. Once we reached $160,000 raised it made us elegible to work with Wefunder to file a form C with the SEC and ...","published_at":"2023-08-14T18:50:26Z","author_name":"Fanny Grande","url":"/feed/166435","canonical_url":"https://wefunder.com/feed/166435"},{"id":166069,"entity_id":"wefunder:feed_item:166069","type":"FeedItem::Update","visibility":"public","title":"Here's to an amazing first week!","preview":"¡Hola supporters!As we wrap up our first week of fundraising, we wanted to take a moment to share our gratitude, our progress, and the energy that's buzzing around our mission to create a dedicated streaming platform celebrating Latino content and storytellers!1. Our First Week's Milestones:We're thrilled to announce that, in just one week, we've reached an astonishing $151,100 of our $500,000 funding goal. Your belief in our vision is palpable, and together, we're taking meaningful steps to ...","published_at":"2023-08-03T20:46:53Z","author_name":"Fanny Grande","url":"/feed/166069","canonical_url":"https://wefunder.com/feed/166069"}],"q_and_a":[{"id":264057,"entity_id":"wefunder:comment:264057","question":"Oh OK cause you have Latinos and everybody else. Thanks for response","author_name":"John Webster","votes":2,"created_at":"2023-10-04T01:24:52Z","canonical_url":"https://wefunder.com/avenida#question-264057","answers":[{"id":264549,"entity_id":"wefunder:comment:264549","answer":"Of course.","author_name":"Fanny Grande","votes":0,"created_at":"2023-10-06T16:43:50Z"}]},{"id":281613,"entity_id":"wefunder:comment:281613","question":"Are there any updates on what is happeing with the launch of the streaming platform?","author_name":"Bel Hernandez Castillo","votes":1,"created_at":"2024-04-17T01:01:14Z","canonical_url":"https://wefunder.com/avenida#question-281613","answers":[{"id":281678,"entity_id":"wefunder:comment:281678","answer":"Hello Bel, the Roku app is almost ready as well as the fast channels and other apps and we are preparing for the upfronts in NYC next month.","author_name":"Fanny Grande","votes":0,"created_at":"2024-04-17T23:06:44Z"}]},{"id":266510,"entity_id":"wefunder:comment:266510","question":"I would like to know if you can help me start my business as a part of the community to help our children and teenagers or even adults come to my state of business and learn how to dance learn about music you know have competition with different cities you know so they can accomplish they go on becoming dancers so they can have the opportunity to get themselves involved into entertainment industry","author_name":"Frances Sabchez","votes":1,"created_at":"2023-10-22T20:09:08Z","canonical_url":"https://wefunder.com/avenida#question-266510","answers":[{"id":266573,"entity_id":"wefunder:comment:266573","answer":"Dear Frances, sounds like a wonderful idea. We’re very focused on launching our streaming platform and are not able to help you start your business. Wishing you the best on your journey.","author_name":"Fanny Grande","votes":0,"created_at":"2023-10-23T14:30:07Z"}]},{"id":265020,"entity_id":"wefunder:comment:265020","question":"Got you with pre orders I mentioned 5 times more cause I have a business associate where you offer I think I saw 3 different things to help people, they have 1 and making several million. When i look you haven't even scratched the surface yet which is good. I never mentioned going to colleges etc. Also, why I said once you get everything going you will easily be able to do several million pretty fast. Only thing i don't like about companies is when it takes them longer to grow then it should then investors sitting back after several years not seeing a dime. Thanks","author_name":"John Webster","votes":1,"created_at":"2023-10-10T10:30:49Z","canonical_url":"https://wefunder.com/avenida#question-265020","answers":[{"id":270269,"entity_id":"wefunder:comment:270269","answer":"Yes that's correct. Especially since we already have a large distribution footprint.","author_name":"Fanny Grande","votes":0,"created_at":"2023-11-29T18:24:48Z"}]},{"id":264311,"entity_id":"wefunder:comment:264311","question":"amazing! yeah financially right now that is the biggest concern i have is that your operating expenses are almost 3 times revenue, that i have never seen before. i have seen long term debt like that. then based on what you said as far as subscribers etc(all you said) then what i mentioned as far as students,grads in college with majors(just getting a small amount from each college etc) that revolves around all this you should be at 5,6 times your revenue at least not the case. you don't have just one thing you have several different things you can help people with! people are seeing even low budget films,shows are crushing it! what you have fits perfectly! i watched an episode of \"the Profit\" and marcus lemonis said to founders to paraphrase you have this, you have that why isn't your revenue more, producing more? congrats on your success thus far and what you are doing! love everything except what i just mentioned. what you are offering can help so many!","author_name":"John Webster","votes":1,"created_at":"2023-10-05T19:26:48Z","canonical_url":"https://wefunder.com/avenida#question-264311","answers":[{"id":264319,"entity_id":"wefunder:comment:264319","answer":"Hello John, thank you for the follow up question. We're a startup raising a pre-seed round. We're still building and are not fully live yet with our product. The fact that even at a pre-seed stage we are generating revenue is an indication of the potential of our business. The streaming platform is the last piece that will allow us to scale to become a billion dollar company. Our operating expenses are actually low for our industry standards, we operate a lean machine that has accomplished a lot and looking to cross into profit on 2024","author_name":"Fanny Grande","votes":1,"created_at":"2023-10-05T19:45:32Z"}]},{"id":263998,"entity_id":"wefunder:comment:263998","question":"good stuff! you have a winner here. over 20 years fanny you don't look a day over 30, seriously good stuff. now what i am wondering about is this for just latinos or for everybody? either way with all the film schools, school of the arts etc people would be flocking to you easily several million! your cost of revenue to revenue is very good you be surprised some 90 percent of revenue. i don't know how big your marketing team is but i know we have certain companies, i invested in over 150 companies, have my own and some sports teams. all they do for us is handle dealing with universities, colleges, theme parks, airports etc then our marketing team focus on the other things especially since so many theme parks, airports, colleges etc we could spend all the time then some on those 3 things alone which causes things to move slow, they can't do but so much. as i look at your general and admin it is way higher than your revenue, your total operating expenses is close to 3 times your revenue, not good which plays into why you losses are so high. are you fixing any of that now. what you offer is amazing. i can easily push this. lastly, unless i am overlooking it when it comes to the a plus i see the info about it but i don't see a link or message thing where somebody could put in their contact info etc with any questions etc. anything i invest in i like to get down and dirty. nobody wants to take years to see a return. you don't want your 100 buck investor making 150 after 6 etc years. great breakdown on what you offer and what seperates you from others. great job!","author_name":"John Webster","votes":1,"created_at":"2023-10-03T20:11:57Z","canonical_url":"https://wefunder.com/avenida#question-263998","answers":[{"id":264004,"entity_id":"wefunder:comment:264004","answer":"Hi John thank you for the question and note! A+ is directed at the English speaking US Latino market but will have content that can be enjoyed by all audiences. We are not making it a general market + US Latino streamer because that would put us in the same space with streamers like Netflix, Hulu, Pluto, etc and we are creating something that sets us apart. Our approach is to create a space like BET has done for the African-American community and stand out as the go-to for the Latino community which is the Alpha consumer in the media space. For marketing, we have a couple of approaches. We’re happy to share that we have an expansive grassroots network and access to millions of potential subscribers through our community partners, influencer friends and celebrity friends that are ready to share to launch once we go live since they will also have content on A+. We will also utilize traditional marketing through ads, event sponsorships, social media paid ads, etc. I’m glad you mentioned the cash burn because that rate you see is almost capped off and not going to increase much without the revenue surpassing it in the coming year. I’m not sure what you’re referring to when it comes to inputing information on A+, but if I think you’re asking about capturing user information, then we have that covered through the platform and app. We will be able to gather data on users like any other app and use that to optimize the app and user experience. Lastly, the part about returns, we are not looking for a long slow growth. We’ve been working closely with our advisors and consultants to put together conservative but realistic projections and we are aiming to grow exponentially over the next couple of years and beyond. Thanks again and we hope you'll join us.","author_name":"Fanny Grande","votes":0,"created_at":"2023-10-03T20:43:34Z"}]},{"id":263520,"entity_id":"wefunder:comment:263520","question":"Hello, What is the [actual] end date for this campaign, Form C says it's in April... is that wrong?","author_name":"Edward McIntyre","votes":1,"created_at":"2023-09-27T17:06:28Z","canonical_url":"https://wefunder.com/avenida#question-263520","answers":[{"id":263525,"entity_id":"wefunder:comment:263525","answer":"Thank you for your interest. The campaign closes December 1st or when the round gets filled.","author_name":"Fanny Grande","votes":0,"created_at":"2023-09-27T17:59:35Z"}]},{"id":263304,"entity_id":"wefunder:comment:263304","question":"Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?","author_name":"Teddy Lyons","votes":1,"created_at":"2023-09-25T19:53:00Z","canonical_url":"https://wefunder.com/avenida#question-263304","answers":[{"id":263317,"entity_id":"wefunder:comment:263317","answer":"Hello Teddy, thank you for the questions. a) Our latest burn rate was $35,000. b) $49,000 c) The wefunde is the remainder of our pre-seed round. We have one VC that invested in this round and some angels. We are open to taking institutional funding until we fill the round. Let us know if you'd like to chat directly. Thank you for your interest.","author_name":"Fanny Grande","votes":0,"created_at":"2023-09-25T22:48:24Z"}]}],"faq":[{"question":"Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?","answer":"Hello Teddy, thank you for the questions. a) Our latest burn rate was $35,000. b) $49,000 c) The wefunde is the remainder of our pre-seed round. We have one VC that invested in this round and some angels. We are open to taking institutional funding until we fill the round. Let us know if you'd like to chat directly. Thank you for your interest."},{"question":"Hello, What is the [actual] end date for this campaign, Form C says it's in April... is that wrong?","answer":"Thank you for your interest. The campaign closes December 1st or when the round gets filled."},{"question":"good stuff! you have a winner here. over 20 years fanny you don't look a day over 30, seriously good stuff. now what i am wondering about is this for just latinos or for everybody? either way with all the film schools, school of the arts etc people would be flocking to you eas...","answer":"Hi John thank you for the question and note! A+ is directed at the English speaking US Latino market but will have content that can be enjoyed by all audiences. We are not making it a general market + US Latino streamer because that would put us in the same space with streamers like Netflix, Hulu, Pluto, etc and we are creating something that sets us apart. Our approach is to create a space like BET has done for the African-American community and stand out as the go-to for the Latino communit..."},{"question":"Oh OK cause you have Latinos and everybody else. Thanks for response","answer":"Of course."},{"question":"amazing! yeah financially right now that is the biggest concern i have is that your operating expenses are almost 3 times revenue, that i have never seen before. i have seen long term debt like that. then based on what you said as far as subscribers etc(all you said) then what...","answer":"Hello John, thank you for the follow up question. We're a startup raising a pre-seed round. We're still building and are not fully live yet with our product. The fact that even at a pre-seed stage we are generating revenue is an indication of the potential of our business. The streaming platform is the last piece that will allow us to scale to become a billion dollar company. Our operating expenses are actually low for our industry standards, we operate a lean machine that has accomplished a ..."}]}}}