In terms of an investment, rather than a charitable donation, how does DonorSee intend to create value for the shareholder?

That's a great question, Ron! Our goal is to be acquired in the next 3-7 years. Crowdrise, YouCaring and JustGiving are all examples of substantial acquisitions that have happened in this space in the last few years. Our plan is to use this round of revenue to prove a viable scaling strategy using digital ads and then raise a more substantial venture capital round in 6 to 12 months. The specifics of our plan can be found here: https://docs.google.com/document/d/10GniR_3blvhtU6d33b3TNtFimir9q0...

I’ve been a user for about a year ever since I read Kevin Williamson’s excellent profile about a year ago. I’m interested in becoming an investor, but have a few questions. 1. What is the conversion on dollars invested now to future shares in Donorsee? In other words, how much...

Thanks for the questions Matt! I am forever grateful to Kevin for that piece. 1. Right now DonorSee is set up as an LLC, so your investment will be in exchange for a percentage of equity ownership. If you take advantage of the early bird investment (the first $50k) then your investment will be at a valuation of $1.5M. So, if you invest $15,000, then you will own a 1% stake in the company. All stakeholders will be diluted proportionately in future rounds of funding. 2. I believe that DonorSee ...

Can you explain how you differ from Kiva.org, other than donation-based vs. interest-free loan based?

Great question, Barnaby! I'm a big fan of Kiva and greatly admire their work. There are many small differences, but there are two big ones. 1. Immediacy/urgency. When you make a loan on Kiva, you are often doing so retroactively. In other words, the recipient already received the loan and you are reimbursing Kiva for it. What's nice about DonorSee is that your donations are immediately impacting the life of someone in real time. For example, one time a girl in Malawi was attacked by a crocodi...

What are the details of the $130k June 2016 convertible note and how may it influence investment in this fundraise? Thanks

Thank you for the question, Ben! The convertible note was converted into equity in 2018. So it should have no influence on this fundraise. Let me know if that answers your question!

What ongoing impact do you foresee regarding Apple store app issues? Are there any active campaigns to resolve the issue? Thanks for answering previous question below.

It was my pleasure to answer the last question! And thanks for asking this new one. I believe the Apple store issue will have minimal to zero impact longterm. Last year Amazon did $178B in revenue, and they have the same restrictions that Apple is attempting to impose on us: no in-app purchases. I believe our pivot to spend this round optimizing our mobile web platform will be a sufficient resolution for our iOS users. That said, I would like to offer the most preferable experience possible t...

DonorSee, Inc. Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

📈 In the last 3 years, revenue has grown 4x, and transaction volume 3.5x.

💰 $6 million transaction volume to-date.

🌎 10k people in active community on platform, with 98% retention rate.

🤝 100+ partner orgs, with 93% retention rate.

📲 14K+ successfully funded humanitarian projects and 36K follow-up videos sent to donors.

🚀 CEO founded and exited Healthtech SaaS company. Board and Investors built $100m+ businesses.

DonorSee, Inc.

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