Boz
Increasing world happiness by making it fun to write books
$130,000
Highlights
Featured Investor
“Boz exists to make it easy for anyone to bring together a community centered around making their dream come to life. This has to be among the highest possible purposes of social media, so I found the mission compelling. Andrew is exactly the right person to execute on this-he led Venmo's growth from the very beginning. They already have early signs of product-market fit in that they have early customers signed up, and it has a natural growth mechanism, in that nearly every customer is goi...”
Our Founder
The Beta Product
The best way to understand is to check out our first two communities:
Growing Venmo: How we made paying friends fun
Diana's second book. Working Title: "Seven"
Here's a demo you can watch:
The Investment Opportunity
😱 High-risk
Most startups fail while a small percentage make their investors over 100x return.
Only invest what you are willing to lose. This could go to $0. But I will be doing everything I can to make sure that doesn't happen.
💰 Potentially High-Reward
The goal is to help as many people as possible. I'm talking hundreds of millions or even billions of people. If we help a lot of people we will make a lot of money.
You can make money on this investment if Boz is acquired or goes public.
While Boz is not currently pursuing venture capital funding, venture investors expect potential of a 100x investment. Meaning, if they invested $10,000 they would want to see that there is potential for that to become $1 million. Most venture-backed startups do not yield this return but their investors believe their is potential for that return.
🃏 It's closer to poker than the lottery.
While startup investments are risky, they don't all have the same odds. The player and the game they are playing in are super important.
You are betting on the team, product, and market.
％ Ownership of the company
The percentage of the company you own depends on how much Boz raises on the pre-money SAFEs. Your investment may also be diluted by future fundraising.
Let's say you invest $10,000 in the $8.1 million SAFE and Boz raises $200,000 on that SAFE. You will own ~ $10,000 / $8,300,000 = 0.12%.
If you invest $10,000 in the $9 million SAFE and Boz raises $200,000 on that SAFE, you will own ~$10,000 / $9,200,000 = 0.108%.
🥳 Come along for the ride
I will be sharing demos and business updates with our community, giving an inside look at our journey. I would love to have you involved, but there is no commitment.
💸 The money is for Andrew's salary
Until Boz becomes profitable, I'll be raising money to pay our expenses. It's pretty cheap to run an app these days, so almost all of the investment will be spent on my salary.
I bootstrapped this experiment for almost a year. But I need to pay my mortgage :). So I'm selling parts of the company to my friends and family in exchange for investment to pay my salary.
Want to learn more?
☎️ Schedule a call with Andrew:
📧 or email Andrew at:
andrew@bozdream.com