Invest in GlobeChat: GlobeChat is a patented app instantly translating languages in 200 countries!

Since the inception of our startup program in 2013, KiwiTech has reviewed tens of thousands of startups, and has elected to take an equity stake in about 100 of those companies. We are very selective of where we invest and GlobeChat was an easy decision. They are a company with magnetic leadership, a clear vision, and a highly disruptive technology with the unique ability to reach the entire planet. GlobeChat is on a mission to fundamentally change the dynamics of global communications - to connect people and business without the limitations of languages or borders. This is a company with incredible growth potential and we are excited about its future.

Neal Gupta

KiwiTech CFO and Kiwi Ventures Managing Partner, Investor in GlobeChat

Kevin Strom

CEO

Vice President of Customer Experience at Intellivision. CEO of the popular global app WeWorld. Former Government, Education and Sales Director at AT&T. Former Managing Director at Red Sky Media. Traveled to six continents and over 60 Countries.

David Baxter

CTO

Software Developer with Rosetta Stone. Former Senior Software Engineer with the University of California San Diego. Former Software Engineer for the DoD. Former Software Engineer with Duke, Humana & UHC. B.S. Computer Science from San Joaquin Delta.

Investor Q&A

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What does your company do?

GlobeChat is a fun and simple mobile app that allows users to easily share content and engage with others in over 60 languages. Our app is the world's first and only multilingual software that translates instantly to all members of a group chat, even if everyone speaks a different language. GlobeChat connects people based on advanced filter searches that include, age, gender, occupation, hobbies, interests, political views, and more.

Where will your company be in 5 years?

We envision a world where there are no communication barriers between cultures. GlobeChat unifies people throughout the world, regardless of where they live or the language they speak. By removing language barriers, GlobeChat will be the basis of a world connected by similarities in age, gender, career, politics, music, sports, and all manner of hobbies and interests. Acquistion targets are numerous - but the real end game is a platform that truly connects the world.

Why did you choose this idea?

Our vision is to provide a global network allowing people to easily connect with others anywhere in the world. At a time in our history where division and differences are spotlighted by social networks and the media, our passion is to unite people worldwide by shifting the focus instead to commonalities and shared interests.

How big is the market?

Chat applications represent some of the fastest growing digital properties in the world - messaging apps are the platform of the future. Snap, which is a company not making any money yet, is now worth more than Delta, Target, CBS, Activision Blizzard, eBay, General Mills, Marriott and 378 of the companies in the S&P 500. With the rise of messaging apps and bots, the way we use social media throughout the world to share and interact is fundamentally changing. Social media is transitioning from one-to-many communication towards one-to-one communication. Most social activity in 2020 and beyond will no longer occur in public, it will instead continue to transition to private groups and messaging apps. This represents a significant shift in social media from the timelines and news feeds typified by Facebook and Twitter to one-to-one messaging beginning to dominate social media. In 2015 messaging apps surpassed social networks in terms of monthly actives users and in the years since the gap continues to widen.

What's new about what you're making? How is it different?

Patent Number US Patent #9985922 Patent Title “System and Method for Multi Lingual Networking and Communication” Summary (1) A message sent in one language to multiple recipients simultaneously, each of which instantly receive the message in their own language. (2) The ability to search anyone, anywhere in the world, very narrowly or very broadly, based on thousands of individual and unique filters. Publication Date / May 2018 Patent Attorneys Knobbe Martens in Irvine, CA GlobeChat is also a Registered Trademark US Trademark #4994376

Who are your competitors? How are you different?

GlobeChat is most closely aligned with chat messaging applications WhatsApp (USA $41B Valuation), WeChat (China $83B Valuation) and LINE (Korea $9B Valuation). The explosive growth and expansion of these competitors is fueling and propelling the growth of the messaging marketplace as a whole and we are simply riding the wave. We celebrate the success and growth of our competitors as we know a competitor today could very well be our acquiring company tomorrow. We are new and there is still plenty of space for us to individually grow within our own unique niche before we start stepping on any toes, so our immediate focus is dedicated to our own success. According to Blake Cahill, Global Head of Digital Marketing & Media at Royal Philips: "...mobile phone messaging apps were used by 1.4B consumers and eMarketer predicts that...the number of chat app users worldwide will reach 2B, representing 80% of smartphone users worldwide. In a nutshell, it’s only a matter of time before everyone and their granny, in practically every country on the planet, are using IM... The future of commerce and customer service could well be a hybrid of IM as it steadily becomes our primary way to interact with companies, buy things, provide service and build loyalty. As the big players (and the many smaller innovators) continue to expand and develop the platforms’ potential, it’s safe to say we’re only at the beginning of what looks to be a long and interesting road." What makes GlobeChat different from WhatsApp, WeChat, Line and all the other larger chat messaging platforms is that we are the first to truly connect the dots globally between countries and cultures as opposed to isolated social pods. Our patented multilingual simultaneous chat translation feature and our innovative global filtering capability make us highly unique. And now, we simply need to grow.

Why invest in GlobeChat?

Snapchat's Founder Evan Spiegel now has a higher net worth than Richard Branson and twice that of Oprah Winfrey. Plain and simple... the upside in chat messaging is massive. Imagine having the opportunity to have invested early in Facebook or Snapchat. There will always be risks associated with investing in startups. That being said, how often do you have an opportunity to invest in companies with this amount of potential prior to an IPO?

What's your cash flow?

We currently have $5,000 cash in hand with a monthly burn rate of $200, which is the absolute bare minimum needed to operate this business. The employees of this company to date have not received any salary. We dedicate all our limited financial resources directly into the business to maximize our long-term probability for success. We will be a cash flow positive company when we hit 4,000 premium users. We anticipate ~4% of downloads will result in a premium subscription, which means our revenues will begin to outpace our expenses at around ~100,000 downloads.

What was the light bulb moment for GlobeChat?

Travel is my passion. I love meeting new people, learning about foreign cultures, visiting historical sites and seeing the world through the eyes of other people. When traveling, it was extremely frustrating to not have the ability to simply meet locals and communicate. And, for those I did meet while traveling, keeping in contact when returning home to the United States was virtually impossible. I wanted to create a platform that simply allowed the ability to easily communicate with anyone in the world. I got started designing the platform back in 2011. I diagrammed on paper what the network might look like to and how it would function. My first question was, “How do I make this as easy for the user as possible, where they won’t have to think about anything other than simply sending their message?” Since I had spent 15 years working in telecom at AT&T, I didn’t have specific experience with startups, so I started a search for programmers and developers to bring the idea to reality. It was definitely a learning process along the way, and the company had to reset a couple times before it finally grew roots. And now in 2020, GlobeChat is in a full sprint and stacked from top to bottom with all-star talent. We are a team of ten, assisted by a large network of interns scattered throughout the world. The company vibe is positive, optimistic and enthusiastic. There is strength and experience at every position at GlobeChat and we are highly enthusiastic for the upcoming launch.

Would you consider GlobeChat a social network?

We would describe GlobeChat as a worldwide social and business communication platform combining the best elements of WhatsApp, WeChat, Instagram, YouTube and Google Translate. The largest social network in the world by a wide margin is Facebook with 2+ billion users, however the network is not a single unified platform as it is comprised of multitudes of smaller sub-groups. It is extremely rare on Facebook to communicate with someone in another country, or even your own country, that speaks a different language. Humans naturally gravitate and congregate with others within their geographic area, within their own culture, and within their own primary language. What we have accomplished at GlobeChat is to successfully connect all the sub-groups of the world into one single network by bridging the boundaries distance, culture and language.

How accurate is your translation service?

The leaders in the language translation space are Bing and Google, and we currently utilize the Bing Translate API, layering on top our patented method for multilingual simultaneous language translation. The translation accuracy varies form language to language, however I would describe the overall experience as excellent. Even in instances when the translations are not perfect, the message in conveyed and understood nearly every time. As the translation accuracy continues to evolve and improve across the board for both Bing and Google, GlobeChat by default will also improve. Two additional translation advantages for GlobeChat: First, we are primarily a short messaging service, and the accuracy of short messages is substantially higher than messages sent in full sentences or paragraph format, as short messages are generally simple, direct and to the point; Second, we have incorporated auto-spell check for all 60 languages we support to help ensure the sent words are spelled correctly. Correctly spelled sent words result in correctly spelled translated words for the recipient(s) of the messages.

How does GlobeChat plan to make money?

Our prior funding round was dedicated to the design, development and implementation of our technology. Mission accomplished as the application is nearly complete with the global product launch scheduled for January 2021. This current round of funding is dedicated to company growth and revenue generation. GlobeChat utilizes a freemium model. Users will have access to a wide range of basic free features on the application. However to access the ability to have content featured, 4X larger sized posts on the global wall, providing direct links to the user's other social media accounts, and a customized bio section, the user must subscribe to a premium membership. The premium membership is a reasonable $4.99 per month. We calculate that ~4% of downloads will ultimately result in a premium membership. Therefore, 100,000 downloads will result in ~4,000 premium memberships. $4.99 X 4,000 premium users = $19,800 per month of revenue. $19,800 gross revenue minus the 30% App Store fee of $5,940 results in a net pre-tax of $13,860. So for every 1M downloads on GlobeChat, the company will net pre-tax ~$138,600 of monthly revenue and ~$1,663,200 of annual revenue. Longer term, revenue will be generated through language, location and interests based advertising specific to each individual user's filter selections, as well as through non-intrusive advertising placement on our global wall.

What does the world look like when GlobeChat is successful?

GlobeChat is successful when we no longer focus on topics that often separate and divide us as humans, such as culture, religion, politics and language. The focus instead turns to common mutual interests, and the conversation is no longer regional, it is global.

What do you understand that your competitors don’t?

We are simply in the right place at the right time, with a technology protected by a patent. The social and chat market is wide open and growing for all, both big and small, and a rising tide lifts all boats. What we've accomplished is to combine the best elements of our competitors, then add a patented multilingual simultaneous translation engine and patented search filter. We provide the ability to search people anywhere on the planet based on thousands of specific filters. Our users have the ability to request for example, "I want to search every single female in the world between 28 and 44, who speaks Spanish, likes to travel, enjoys wine, classical music, romantic comedies, yoga, and is employed as a nurse.” When then user then hit enter, our app filter technology searches everyone on the planet that fits within that description, and then displays the results.

Why choose crowdfunding to raise money?

Crowdfunding allows us to raise the capital needed to accelerate the expansion of GlobeChat, while building a network of global advocates who share our vision and passion of connecting people throughout the world. WeFunder allows people from all over the world the ability to share in our growth and success.

1	US Patent # 9985922: A message sent in one language translated to multiple recipients simultaneously
2	US Trademark # 4994376: "GlobeChat" is a registered Trademark
3	$1M+ raised outside of Wefunder
4	Champion - 2016 Tech Coast Angeles Startup Competition (#1 of 120 companies)
5	Finalist - 2016 Startup Battle in London, UK (#2 of 350 companies globally)
6	Presenter - 2016 WebSummit in Lisbon, Portugal & Phocuswright Travel Conference in Los Angeles, CA
7	Comparably Awards 2017 - Best Teams Marketing, Best Company Los Angeles & Best Company eNPS score
8	Comparably Awards 2018 - Best Company Diversity, Best Company Los Angeles & Best CEO Los Angeles

1	GlobeChat, Inc. has made certain assumptions about the chat marketplace in order to create financial projections for the business. There is risk associated with the accuracy of these projections due to continuous changes in technology, new feature introductions by competitors, changes in user preferences and shifts in user demographics. In order to mitigate this risk, GlobeChat has taken great care to ensure the reliability and source quality of key assumptions used in the business plan. GlobeChat, Inc. diligently researches publicly-available information and initiatives of competitors. changes in the marketplace and changes in user preferences. The company makes every effort to innovative and stay ahead of the technology curve.
2	GlobeChat, Inc., has created an innovative and unique user experience combining the best elements of our competitors. Our Intellectual Property and primary technological differentiator in the marketplace titled "The System and Method for Multi-Lingual Networking and Communication" was approved in 2018 and puts GlobeChat in a position of strength within the marketplace. However, as with any patent, there are always loopholes and weaknesses sought by competitors. GlobeChat will actively and aggressively defend our patent as appropriate.
3	The United States Patent and Trademark Office Patent for The "System and Method for Multi-Lingual Networking and Communication" was originally submitted by and in the name of Kevin Strom, the Founder of GlobeChat. This patent is used entirely towards the success of GlobeChat, and it should be noted that the patent is now specifically assigned to, and owned 100% by, the company GlobeChat.
4	The technology sector, in which GlobeChat, Inc. operates, is a highly competitive market, where competition risks are significant. To succeed, we must be able to respond quickly to changes in consumer and market preferences. For example, we are now repurposing and rebranding our existing live video to adjust to an increased consumer emphasis on one to many video content. GlobeChat, Inc will continue to work diligently in anticipating market shifts and respond accordingly to actions by competitors.
5	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.
6	The GlobeChat Team primarily works on nights and weekends. We have full-time paid positions with other companies during the week which also takes some of our time and attention. We do this to ensure we take care of our families and additionally so that we do not wastefully use even a penny of investor funding towards paying salaries. We are extremely passionate and dedicated to the success of GlobeChat, however we want our investors to know we still have day jobs to pay the bills!
7	Slade Simpson is a part-time officer. As such, it is likely that the company will not make the same progress as it would if that were not the case.
8	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.
9	Temporary Rule 201(z)(2) provides temporary relief from certain financial information requirements by allowing issuers to omit the financial statements required by Rule 201(t) in the initial Form C filed with the Commission. This offering has commenced in reliance of Temporary Rule 201(z)(2).

Officer	Title	Joined
Kevin Strom	Founder, CEO, President, Secretary	2016
David Baxter	CTO	2016
Slade Simpson	CCO	2020

Date	Amount	Security
	$0	SAFE
05/2018	$103,454	SAFE
04/2016	$876,499	Priced Round
04/2015	$172,296	Priced Round

$50,000	95% - Monthly and annual fees to include server costs, the translator API, technical support, legal, CPA & annual business taxes. 5% - Wefunder intermediary fee.
$250,000	95% - Marketing and advertising campaign primarily on Facebook & Instagram. This campaign will supplement the organic downloads generated from the GlobeChat team, brand ambassadors and influencers. 5% - Wefunder intermediary fee.

Class of Security	Securities (or Amount) Authorized	Securities (or Amount) Outstanding	Voting Rights
Series A Voting Common Stock	20,000,000	10,000,000	Yes
Series B Non Voting Common Stock	20,000,000	10,083,800	No

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Why you may want to invest in us...

Why investors us

we've raised $1,152,699 since our founding

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GlobeChat 2021 Vision

The Problem

We are disconnected and divided!

The Solution

World's first multilingual simultaneous translation platform!

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Instant Translation in 60 Languages

Chat Privately or Broadcast Publicly

Find Common Interests Worldwide

Revenue Model

Competitors vs. GlobeChat

GlobeChat is truly global: Chat with 60 people in 60 different languages in real-time

Launch Party! You are invited!

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