|1||📈 25k+ Signups and 6,500+ App Users from over 110 different countries!|
|2||💼 Existing partnerships with Microsoft, Google, Brex, Zendesk, Freshworks, Toptal, and 50 other companies.|
|3||💰 Already raised from Angel Investors in Calm, Headspace, Notion, and other prominent startups.|
|4||🚀 73.6k+ in Pre-Launch Revenue|
|5||🎤 We've had VC's, Angel's and CEO of multi-million and billion dollar companies speak at our events and podcast|
Entre is a company that supports entrepreneurship by creating community among people who want to control their own destiny throughout the World. Entrepreneurship is a path to self-determination, and opens the doors to personal expression and creativity. Entre brings people together to share ideas, and match self-starters with their particular needs. There are thousands of people with solutions for people to help run their businesses, as well as investors to help advise and fund people at the onset of their business journeys. Michael Marra is the charasmatic leader of this organization, and my belief in him has led me to invest heavily in this company.
We're on a mission to be the largest network of entrepreneurs in the world and make entrepreneurship accessible to anyone. Our mobile and web app was created to be this home for the Future of Work so everyone can connect in one place. Think of us as the new alternative to Linkedin for anyone who is or wants to be self-employed.
We started growing our community through events across the US over the last few years by forming partnerships with Microsoft, WeWork, and other co-working spaces. As we grew to over 160 events and 20,000 members, we knew that we needed a way to connect everyone in our network and entrepreneurs around the world online rather than through events alone. That's why we created our app, so we can make entrepreneurship accessible to anyone for free.
We already provide thousands of entrepreneurs around the world with a way to access high quality content and connections. Users can easily connect with like-minded people, create content, find their team, and raise funding from investors. The app is filled with supportive members seeking to share their experiences, ask questions, launch their products, get feedback on ideas, and start interesting conversations.
If users want to get the most out of our platform users can sign up for Entre Pro, Our premium membership. This gets members access to all of our events for free and over $20,000 in deals & discounts with our partners like GSuite, Brex, Toptal, Gust, ZenDesk, Freshworks, and 40 more.
The term entrepreneur can be defined in unique ways and now there are more than 500 million entrepreneurs across the world facing similar issues. Especially during COVID, many are looking for alternative ways to make money online and start businesses so Entre is more important now than ever. With our app we are making entrepreneurship attainable by creating the most supportive and inclusive social media platform for creators.
The app is growing fast and we just started.
Our focus is scaling and building the largest social network for entrepreneurs of all types to help them connect, grow and prosper in the digital world. To join the fastest growing network of entrepreneurs, visit www.joinentre.com
Entre has financial statements ending December 31 2019. Our cash in hand is $45,110, as of September 2020. Over the three months prior, revenues averaged $2,053/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $7,570/month.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.
Entre is a free mobile and web app built for the self-employed. We are inclusive to entrepreneurs of all types and are making easier and more accessible for anyone to start a business.
In 5 years, we want (but not guarantee) to be the largest network of entrepreneurs in the world. A complete suite of apps and software to help people start and grow their businesses.
Entre Corporation was incorporated in the State of Delaware in January 2019.
Since then, we have:
Historical Results of Operations
Our company was organized in January 2019 and has limited operations upon which prospective investors may base an evaluation of its performance.
Liquidity & Capital Resources
To-date, the company has been financed with $185,000 in SAFEs.
After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 12 months before we need to raise further capital.
We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.
We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 6 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.
Runway & Short/Mid Term Expenses
Entre Corporation cash in hand is $45,110, as of September 2020. Over the last three months, revenues have averaged $2,053/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $7,570/month, for an average burn rate of $5,517 per month. Our intent is to be profitable in 24 months.
We had to transition our events online so our revenues decrease a little because of COVID. However with the launch of the app and our digital platform we are making more revenue and plan to make more revenue from that as we grow.
In 6 months, we hope (but not guarantee) to be generating $58k in monthly revenues and $63k monthly expenses.
With the launch of our app and premium membership we plan to grow revenues on sponsorships, advertising, and subscription.
We have revenue from events and Entre Pro. We also still have the capital from our previous angel investments.
Partners. On our platform, we have deals with a lot of partners (GSuite, Brex, Zendesk, etc.) It's important to understand that users may have problems or negative experiences with these platforms.
Technology. We may experience problems with software, viruses, cloud servers, development delays, or other circumstances that may affect the performance of our app and platform.
Team. Building a strong team is very important to our success as we grow and we will need to be persistent and consistent in hiring the right people to achieve our goals.
Scaling. Our future success depends on acting quickly to gain market share before a company that is better funded replicates our technology and approach to reach our target market more effectively.
The Company may never receive a future equity financing or elect to convert the Securities upon such future financing. In addition, the Company may never undergo a liquidity event such as a sale of the Company or an IPO. If neither the conversion of the Securities nor a liquidity event occurs, the Purchasers could be left holding the Securities in perpetuity. The Securities have numerous transfer restrictions and will likely be highly illiquid, with no secondary market on which to sell them. The Securities are not equity interests, have no ownership rights, have no rights to the Company’s assets or profits and have no voting rights or ability to direct the Company or its actions.
We may experience losses in the future. Our ability to generate and sustain significant additional revenues or achieve profitability will depend on, among other things, our ability to increase our levels of sales and attract consumers cost-effectively.
Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.
The COVID-19 pandemic may last longer than expected, which could adversely affect the operations of our business. Additionally, it is unclear how the market will change even after the pandemic subsides.
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