Question 1

What is the minimum equity term by investment tier?

Accepted Answer

Thanks for reaching out and for the support. Happy to provide more insight. We are currently raising our pre-seed round on a SAFE, and the Crowdfund will follow similar terms. Once we have a ballpark of a valuation cap, we will update the terms on the WeFunder profile and all investors who made reservations will need to officially opt-in. In order to receive equity, the minimum investment is $100. Equity will be distributed proportionally to the dollar amount invested.

Question 2

Will investors have the opportunity to provide feedback regarding site and UX improvement? As a site user, my only hesitation is regarding whether the current platform can be improved (and therefore scaled) as it relates to UX.

Accepted Answer

Hi Meghan! We would love to welcome input from our investors and will do our best to solicit feedback on a regular basis as we continue to build. We encourage those who are interested in more active involvement to check out our higher tiers! $1,000+ Early access to designs of show expansions with the opportunity to give your feedback $1,500+ Early access to Beta test show expansion platforms $2,500+ Exclusive semi-annual, collaborative company progress and roadmap call with the C-Suite

Question 3

When do you expect to have terms from the pre-seed SAFE to share with this group? Will the crowdfund still be open at that point or is this a blind commitment to unset terms?

Accepted Answer

Thanks for the question! Terms will be set before we file our Reg CF with the SEC. There's a 21-day mandatory waiting period after filing and the Crowdfund will still be open that entire time. Right now is just the reservation stage, and investors will need to officially opt-in once terms are set and the Reg CF is filed.

Question 4

Kaitlyn, I saw in another comment you listed out higher tiers. Are their other tiers listed somewhere that I'm missing or do "extras" starts at $1k?

Accepted Answer

Hi Desiree, thanks for reaching out. If you scroll over the "investor perks" section, there are different benefits for tiers of $250, $500, $1k, $1.5k, $2.5k, and $5k. Feel free to reach out if you have any other questions.

Question 5

1) What are your revenue projections for 2022 and going forward? 2) How many users do you estimate you need to become profitable? 3) When will you clarify the investment terms (e.g., the valuation cap)?

Accepted Answer

Hi Kevin, Thanks for your question! Please see answers below: 1) What are your revenue projections for 2022 and going forward? Our current revenue drivers are programmatic ads on the site, email sponsorships, and larger site-wide brand partnerships. For Version 2 development, we will be implementing a premium subscription model that gives users the option to pay for access to expanded features. Revenue projections are modeled based on the number of incremental users are anticipated as we expa...

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