{"data":{"type":"company_profile","id":14349,"entity_id":"wefunder:company:14349","attributes":{"canonical_url":"https://wefunder.com/globechat","generated_at":"2026-06-22T03:44:14Z","updated_at":"2026-06-21T05:00:05Z","entity_ids":{"company":"wefunder:company:14349","slug":"wefunder:company_slug:globechat"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T03:44:14Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-21T05:00:05Z","as_of":"2026-06-22T03:44:14Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-21T05:00:05Z","as_of":"2026-06-22T03:44:14Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T03:44:14Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T03:44:14Z","confidence":"medium"}}},"company":{"id":14349,"entity_id":"wefunder:company:14349","slug":"globechat","name":"GlobeChat","tagline":"A patented app that allows users to meet and chat instantly in over 70 languages","elevator_pitch":"GlobeChat is a fun and simple mobile app that allows users to easily share content and engage with others in over 70 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.","story":"The ProblemTranslation remains the limiting factor of global connectionExisting language translation solutions are\u0026nbsp;limited to one-to-one communications, and\u0026nbsp;are either\u0026nbsp;expensive or highly inconvenient. Solutions like,\u0026nbsp;human translators, online\u0026nbsp;cut-and-paste translation,\u0026nbsp;and voice translation software\u0026nbsp;are the current state of the art. Language\u0026nbsp;creates natural\u0026nbsp;barriers between people and cultures; preventing meaningful social and business connections. We live in world that in theory\u0026nbsp;is\u0026nbsp;global, and\u0026nbsp;yet the multitudes of interesting\u0026nbsp;cultures rarely interact,\u0026nbsp;leaving us with only\u0026nbsp;brief and random\u0026nbsp;glimpses of far away people and\u0026nbsp;places. \u0026nbsp;Ultimately we\u0026nbsp;live our lives, have our daily routines, and are never exposed to all the beauty and opportunity\u0026nbsp;the world has to offer. \u0026nbsp;The SolutionWorld's first multilingual simultaneous translation platformWe have developed a fun and simple app called \"GlobeChat\" which\u0026nbsp;allows even the most non-technical users to easily\u0026nbsp;chat and share content worldwide. \u0026nbsp;Our app is available in 200 countries, 70\u0026nbsp;languages, and the focus is\u0026nbsp;on global\u0026nbsp;experience, connection, and engagement.\u0026nbsp;\u0026nbsp;GlobeChat is the world's first and only multi-lingual software which translates languages\u0026nbsp;instantly and automatically\u0026nbsp;to all members of a group, even if everyone\u0026nbsp;speaks a different language. \u0026nbsp;We have been awarded a patent for our innovative\u0026nbsp;language translation\u0026nbsp;technology, which dramatically\u0026nbsp;simplifies global communication, while completely\u0026nbsp;eliminating geographic and cultural\u0026nbsp;boundaries. We connect people based on advanced filter searches that include, age, gender, occupation, hobbies, interests, political views, and more. \u0026nbsp;Searches are global and can be very broad or very specific, based on the preference of the individual\u0026nbsp;user. \u0026nbsp;GlobeChat is intended\u0026nbsp;to bring people together from all corners of the world based on shared interests and commonalities. \u0026nbsp;Founders StoryTravel is my passion. \u0026nbsp;I love meeting new people, learning about foreign cultures, visiting historical sites and seeing the world through the eyes of other people. \u0026nbsp;When traveling, it was extremely frustrating to not have the ability to meet locals and communicate. \u0026nbsp;And, for those I did meet while traveling, keeping in contact when returning home to the United States was challenging. \u0026nbsp;I would stay in touch by cutting and pasting from Google translate, then\u0026nbsp;sending emails, however over time and the busy nature of our lives,\u0026nbsp;these beautiful new\u0026nbsp;friendships began to fade and the connections eventually and\u0026nbsp;inevitably disappeared. \u0026nbsp;I set out to create a platform that provided the ability to easily communicate with anyone in the world. \u0026nbsp;A solution that was simple,\u0026nbsp;automated and allowed for real-time communications. \u0026nbsp;Instant Translation in 70 LanguagesThe GlobeChat\u0026nbsp;platform translates languages real-time in more than 70 languages providing\u0026nbsp;for seamless global\u0026nbsp;interaction.\u0026nbsp;\u0026nbsp;Each person receives messages automatically\u0026nbsp;in their own\u0026nbsp;native language regardless of the language of the sender.Chat Privately or Broadcast PubliclyFamilies, friends and business owners\u0026nbsp;can chat easily and\u0026nbsp;privately across the world with instantly\u0026nbsp;translated messages. \u0026nbsp;Travelers, influencers, actors, athletes, musicians and politicians have the ability to broadcast\u0026nbsp;videos and\u0026nbsp;share\u0026nbsp;photos\u0026nbsp;with a global audience. \u0026nbsp;Whether you are a private person, public person, or both, the GlobeChat platform is right place\u0026nbsp;for you! Find Common Interests WorldwideUsers can easily filter others globally based on age, gender, religion, political affiliation, education, career, interests, commonalities and more with the search\u0026nbsp;results immediately displayed. \u0026nbsp;GlobeChat is dedicated\u0026nbsp;to connecting people based on shared interests, regardless of where they live or the language they speak! \u0026nbsp;If a person loves video games, they can now connect and converse\u0026nbsp;with gamers in 200 countries! \u0026nbsp;If a person loves cooking, they can now share recipes with foodies in 200 countries! \u0026nbsp;If a person is a\u0026nbsp;doctor or nurse, they can now connect with peers in 200 countries! \u0026nbsp;With 1000s of selectable\u0026nbsp;filters on GlobeChat,\u0026nbsp;the possibilities and search combinations\u0026nbsp;are infinite! \u0026nbsp;Revenue ModelThis current round of funding is dedicated exclusively\u0026nbsp;to company growth and revenue generation.\u0026nbsp;GlobeChat utilizes a standard\u0026nbsp;freemium model. \u0026nbsp;Users will have access to a wide range of basic free features on the application. \u0026nbsp;However 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.\u0026nbsp;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. \u0026nbsp;$19,800 gross revenue minus the 30% App Store fee of $5,940 results in a net pre-tax revenue\u0026nbsp;of $13,860. \u0026nbsp;So for every 1M downloads on GlobeChat, the company will net pre-tax\u0026nbsp;~$138,600 of monthly revenue and ~$1,663,200 of annual revenue. \u0026nbsp;Longer term, additional\u0026nbsp;revenue will be generated through language, location and interest based advertising specific to each individual user's filter selections, as well as through non-intrusive advertising placement on our global wall. Competitors vs. GlobeChatGlobeChat is truly global: Chat with multiple people in 70 different languages in real-timeWe have created a unique and innovative niche within one of the hottest technology growth markets in the world. \u0026nbsp;GlobeChat allows individuals and groups in nearly every country to discover and interact with people globally right from their mobile device. \u0026nbsp;Our app translates multiple languages concurrently, which means a message sent in English to 70 people in 70 countries would be instantly\u0026nbsp;translated and received in 70 different languages! \u0026nbsp;We are a company in the right place at the right time, with a solid\u0026nbsp;technology protected by a patent and a name protected by a trademark.\u0026nbsp; The social and chat market is wide open and growing for all, both big and small, and a rising tide lifts all boats. \u0026nbsp;What we've successfully\u0026nbsp;accomplished is to combine the best elements of existing social networks, then add a patented multilingual simultaneous translation engine with search filter capability. \u0026nbsp;We provide the ability to search people anywhere on the planet based on thousands of specific filters. \u0026nbsp;Our users have the ability to request for example, \"I want to search every female in the world between 28 and 44, who speaks Italian, likes to travel, enjoys wine, classical music, romantic comedies, cars, and\u0026nbsp;yoga.” GlobeChat then\u0026nbsp;filter searches everyone on the planet that fits within that description and displays the results. \u0026nbsp;Finally a global application that is truly and uniquely global! \u0026nbsp;\u0026nbsp;","location":"San Juan Capistrano, CA","website":"https://www.GlobeChat.com","total_amount_raised":103654,"total_investors":207,"is_funded":true,"is_active":true,"quality_score":2,"related_urls":["https://wefunder.com/globechat","https://www.GlobeChat.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/14349/xxl_cropped_GLOBECHAT_VIDEO_THUMBNAIL.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/14349/large_cropped_GLOBECHAT_APP_ICON.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/14349/standard_cropped_GLOBECHAT_VIDEO_THUMBNAIL.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/14349/standard_cropped_GLOBECHAT_VIDEO_THUMBNAIL.jpg","profile_video_url":"https://wefunder.wistia.com/medias/mwkz95209x"},"links":{"company_url":"https://www.GlobeChat.com","facebook_url":"https://www.facebook.com/GlobeChat","instagram_url":"https://www.instagram.com/globechat/","youtube_url":"https://www.youtube.com/channel/UCyC1huR5_kGw0X6k1CV-ukg"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"US Patent # 9985922: A message sent in one language translated to multiple recipients simultaneously"},{"index":2,"claim_id":"claim-fact-2","value":"US Trademark #\u0026nbsp;4994376: \"GlobeChat\" is a registered Trademark"},{"index":3,"claim_id":"claim-fact-3","value":"$1M+ raised outside of Wefunder"},{"index":4,"claim_id":"claim-fact-4","value":"Champion - 2016 Tech Coast Angeles Startup Competition (#1 of 120 companies)"},{"index":5,"claim_id":"claim-fact-5","value":"Finalist - 2016 Startup Battle in London, UK (#2 of 350 companies globally)"},{"index":6,"claim_id":"claim-fact-6","value":"Presenter - 2016 WebSummit in Lisbon, Portugal \u0026amp; Phocuswright Travel Conference in Los Angeles, CA"},{"index":7,"claim_id":"claim-fact-7","value":"Comparably Awards 2017 - Best Teams Marketing, Best Company Los Angeles \u0026amp; Best Company eNPS score"},{"index":8,"claim_id":"claim-fact-8","value":"Comparably Awards 2018 - Best Company Diversity, Best Company Los Angeles \u0026amp; Best CEO Los Angeles"}],"team":[{"id":91912,"entity_id":"wefunder:company_role:91912","user_entity_id":"wefunder:user:88544","role":"founder","name":"Kevin Strom","title":"CEO","bio":"Vice President of Customer Experience at Intellivision. CEO of the popular global app WeWorld. Former Government, Education and Sales Director at AT\u0026amp;T. Former Managing Director at Red Sky Media. Traveled to six continents and over 60 Countries.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/91912/square_cropped_197975_10151294533672969_797173552_n.jpg?1637393374","profile_url":"https://wefunder.com/kevinstrom","personal_url":"https://www.linkedin.com/in/kevinstrom/","linkedin_url":"https://www.linkedin.com/in/kevinstrom/","related_urls":["https://wefunder.com/kevinstrom","https://www.linkedin.com/in/kevinstrom/"]},{"id":1128519,"entity_id":"wefunder:company_role:1128519","user_entity_id":"wefunder:user:1082307","role":"employee","name":"Slade Simpson","title":"CPO","bio":"Director of Product Innovation and Design at Intellivision. Former Director of Engineering for Design Central, with research, design, and development of nearly 50 hardware-based products in the medical, industrial, and consumer electronics spaces.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1128519/square_cropped_img-slade-bio.jpg?1637393477","profile_url":"https://wefunder.com/slade.simpson","linkedin_url":"https://www.linkedin.com/in/sladesimpson/","related_urls":["https://wefunder.com/slade.simpson"]},{"id":97920,"entity_id":"wefunder:company_role:97920","user_entity_id":"wefunder:user:91599","role":"employee","name":"David Baxter","title":"CTO","bio":"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 \u0026amp; UHC. B.S. Computer Science from San Joaquin Delta.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/97920/square_cropped_IMG_0645_2.jpg?1637393477","profile_url":"https://wefunder.com/dbxt","personal_url":"https://davidwaynebaxter.com","linkedin_url":"https://www.linkedin.com/in/davidwbaxter/","related_urls":["https://wefunder.com/dbxt","https://davidwaynebaxter.com"]},{"id":1128521,"entity_id":"wefunder:company_role:1128521","user_entity_id":"wefunder:user:1081562","role":"employee","name":"Shauna Podruzny","title":"Director of Marketing","bio":"Former Founder of Blossom Lounge Toronto. Former Owner \u0026amp; Creative Director of Millennium Dance Complex in partnership with Sony Music Canada. Guest speaker on Beauty and Fashion Television shows. Former Board of Directors Pan American Games Toronto.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1128521/square_cropped_Shauna.jpg?1637393374","profile_url":"https://wefunder.com/shauna.podruzny","linkedin_url":"https://www.linkedin.com/in/shaunapodruzny/","related_urls":["https://wefunder.com/shauna.podruzny"]},{"id":2309223,"entity_id":"wefunder:company_role:2309223","role":"employee","name":"David Carrillo Jr.","title":"Lead Developer","bio":"Ten years operating in world class hotels \u0026amp; restaurants, identifying numerous opportunities for technology to improve both the guest experience \u0026amp; the establishment's efficiency. 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Former NFL running back \u0026amp; Top 25 all-time rusher with the Kansas City Chiefs, New York Jets, Chicago Bears, Tampa Bay Buccaneers \u0026amp; Arizona Cardinals.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1128523/square_cropped_thomas_jones_crop.jpg?1637393374","linkedin_url":"https://www.linkedin.com/in/thomas-q-jones-6556a5143/","related_urls":[]},{"id":2307732,"entity_id":"wefunder:company_role:2307732","role":"employee","name":"Jamie Kennedy","title":"Brand Ambassador","bio":"American actor, screenwriter, stand-up comedian and television producer. Film \u0026amp; TV include Scream, Jamie Kennedy Experiment, Romeo \u0026amp; Juliet, Bowfinger, Malibu's Most Wanted, Finding Bliss, Good Deeds, Ghost Whisperer, Bowfinger \u0026amp; Tremors.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2307732/square_cropped_315.jpg?1637393882","twitter_url":"https://twitter.com/JamieKennedy","related_urls":[]},{"id":2328733,"entity_id":"wefunder:company_role:2328733","role":"employee","name":"Steve Pfrenzinger","title":"Brand Ambassador","bio":"Investor and Brand Ambassador. Entrepreneur, Coach to Entrepreneurs, and Tech Coast Angels Hall of Fame Investor. Self-Awareness Mastery Coach \u0026amp; Forbes Coaches Council Member. Former Partner and Co-Founder of The Carrera Agency.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2328733/square_cropped_MMB_0064.jpg?1637394050","linkedin_url":"https://www.linkedin.com/in/steve-pfrenzinger/","related_urls":[]},{"id":2328735,"entity_id":"wefunder:company_role:2328735","role":"employee","name":"Matt Mullaney","title":"Brand Ambassador","bio":"Investor and Brand Ambassador.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2328735/square_cropped_IMG_1837_2.jpg?1637393946","related_urls":[]},{"id":2328736,"entity_id":"wefunder:company_role:2328736","user_entity_id":"wefunder:user:1082152","role":"employee","name":"Michael Mullaney","title":"Brand Ambassador","bio":"Investor and Brand Ambassador.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2328736/square_cropped_IMG_1839.jpg?1637393949","profile_url":"https://wefunder.com/michael.mullaney.2","related_urls":["https://wefunder.com/michael.mullaney.2"]},{"id":2328738,"entity_id":"wefunder:company_role:2328738","role":"employee","name":"Rick Acosta","title":"Brand Ambassador","bio":"Investor and Brand Ambassador.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2328738/square_cropped_IMG_1841.jpg?1637393953","related_urls":[]},{"id":2328739,"entity_id":"wefunder:company_role:2328739","user_entity_id":"wefunder:user:1082227","role":"employee","name":"Brad Petrik","title":"Brand Ambassador","bio":"Investor and Brand Ambassador.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2328739/square_cropped_IMG_1837.jpg?1637414348","profile_url":"https://wefunder.com/brad.petrik","linkedin_url":"https://www.linkedin.com/in/bradley-petrik-33642565/","related_urls":["https://wefunder.com/brad.petrik"]},{"id":1128589,"entity_id":"wefunder:company_role:1128589","role":"employee","name":"Jason Petrini","title":"Brand Ambassador","bio":"Former Co-Founder of Studio Marketing. Former Partner at Chance Entertainment. Former President at My Three Son Family Fun Center.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1128589/square_cropped_image1.jpg?1637393958","linkedin_url":"https://www.linkedin.com/in/jason-petrini-1a6094157/","related_urls":[]},{"id":1128738,"entity_id":"wefunder:company_role:1128738","role":"employee","name":"Azad Virk","title":"Business Attorney","bio":"Lead GlobeChat Business Attorney from Stradling Yocca Carlson \u0026amp; Rauth in Newport Beach, California.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1128738/square_cropped_Azad_Virk.jpg?1637393931","linkedin_url":"https://www.linkedin.com/in/azad-virk-84b7353/","related_urls":[]},{"id":1128739,"entity_id":"wefunder:company_role:1128739","role":"employee","name":"Andrew Kimmel","title":"Patent Attorney","bio":"Lead GlobeChat Patent Attorney and Partner at Knobbe Martens Olson \u0026amp; Bear LLP in Irvine, California.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1128739/square_cropped_Andrew_Kimmel.jpg?1637393931","linkedin_url":"https://www.linkedin.com/in/akimmel1/","related_urls":[]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":57,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":9854,"entity_id":"wefunder:fundraise:9854","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":200,"max_purchase":9,"funding_target":100000.0,"funding_started_at":"2017-03-29T01:48:41Z","funding_closed_at":"2018-05-31T03:59:59Z","auto_close_at":"2018-05-31T03:59:59Z"}],"latest_fundraise":{"id":9854,"entity_id":"wefunder:fundraise:9854","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2017-03-29T01:48:41Z","funding_closed_at":"2018-05-31T03:59:59Z","terms":{"eb":null,"nb":"$25M","txt":"valuation cap"}},"recent_posts":[],"q_and_a":[{"id":8811,"entity_id":"wefunder:comment:8811","question":"Where do you come up with a $25mm validation cap with no money and no revenue to speak of and a patent that's yet to be approved? I really need to know why it's not under $5mm given you current financials? Thanks and best of luck...","author_name":"Barnaby Zelman","votes":2,"created_at":"2017-03-30T03:08:22Z","canonical_url":"https://wefunder.com/globechat#question-8811","answers":[{"id":8812,"entity_id":"wefunder:comment:8812","answer":"Thank you for your question Barnaby. 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 revenue, is now worth more than Delta, Target, CBS, Activision Blizzard, eBay, General Mills, Marriott and 378 of the companies in the S\u0026amp;P 500. Our valuation is based upon our five year financial projections, the well documented expansion of the messaging marketplace, the innovation of our technology (although yes, the patent is still in pending status) and the opportunity to invest very early in a company already in 152 countries with a massive upside potential. This platform took a large team of programmers years to develop and we are now in our growth phase. As a side note, we raised our last round in 2016 at a $25M valuation, some prior to launch, and have not raised the valuation for this current round. We would love for you to join us Barnaby.","author_name":"Kevin Strom","votes":0,"created_at":"2017-03-30T04:27:41Z"}]},{"id":107877,"entity_id":"wefunder:comment:107877","question":"Does Globechat own the patent?","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2020-09-25T21:10:44Z","canonical_url":"https://wefunder.com/globechat#question-107877","answers":[{"id":108288,"entity_id":"wefunder:comment:108288","answer":"Hi Craig, Yes! The patent is 100% owned by GlobeChat!","author_name":"Kevin Strom","votes":0,"created_at":"2020-09-29T16:49:01Z"}]},{"id":107876,"entity_id":"wefunder:comment:107876","question":"This is a down round? I think the last raise was at $25M valuation.","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2020-09-25T21:07:35Z","canonical_url":"https://wefunder.com/globechat#question-107876","answers":[{"id":108287,"entity_id":"wefunder:comment:108287","answer":"Hi Craig, Yes we cut our valuation in half from $25M to $12.5M for this round as we will only be raising funds for 90 days and we want to attract as many investors as possible. Previous investors will also benefit in this second round valuation as we will be matching this valuation. So this is a win-win for both previous and new investors.","author_name":"Kevin Strom","votes":0,"created_at":"2020-09-29T16:48:08Z"}]},{"id":107742,"entity_id":"wefunder:comment:107742","question":"When will we get to revenue?","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2020-09-24T23:28:50Z","canonical_url":"https://wefunder.com/globechat#question-107742","answers":[{"id":108285,"entity_id":"wefunder:comment:108285","answer":"Hi Craig, We will transition to a cash flow positive company when we reach 4,000 premium subscriptions. We are targeting this as our first milestone. 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 revenue 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, additional revenue will be generated through language, location and interest based advertising specific to each individual user's filter selections, as well as through non-intrusive advertising placement on our global wall.","author_name":"Kevin Strom","votes":0,"created_at":"2020-09-29T16:42:43Z"}]},{"id":64086,"entity_id":"wefunder:comment:64086","question":"What are you doing to promote/advertise this app?","author_name":"John Morris","votes":1,"created_at":"2019-09-23T22:38:27Z","canonical_url":"https://wefunder.com/globechat#question-64086","answers":[{"id":108284,"entity_id":"wefunder:comment:108284","answer":"Hi John, in addition to the standard targeted advertising on Instagram and Facebook, we will leverage our personal network of influencers who will be promoting GlobeChat. We also have a network of more than 60 current and prior international interns spread throughout the world, as well as our brand ambassador network within the United States, all of whom are eager to spread the word. We will be kicking this off with a launch event in Los Angeles in early 2021, and all investors are invited to attend either in person, or via a link we will be providing to join the launch remotely.","author_name":"Kevin Strom","votes":0,"created_at":"2020-09-29T16:34:29Z"}]},{"id":202649,"entity_id":"wefunder:comment:202649","question":"Why did you revise your valuation cap from $25MM to $12.5MM in this round? Thanks,","author_name":"Bhabesh Chakrabarti","votes":0,"created_at":"2022-04-25T19:31:57Z","canonical_url":"https://wefunder.com/globechat#question-202649","answers":[]},{"id":111712,"entity_id":"wefunder:comment:111712","question":"Hi, I would kindly ask to review the video you are using in this campaign and I would like to suggest to change it to the one you were using in first round (I think its the one in solution section). The old video really did speak to me as investor, this new, unfortunately totally does not. This should be considered only as an individuals feedback, not as mandatory request.","author_name":"Kristaps Soms","votes":0,"created_at":"2020-10-22T07:43:34Z","canonical_url":"https://wefunder.com/globechat#question-111712","answers":[{"id":112118,"entity_id":"wefunder:comment:112118","answer":"Hi Kristaps, thank you and I agree! \u0026nbsp;The video we used for the first round was actually created by close friends who work in the TV and film industry. They have worked on The Voice, Gotham, created the commercials for the Olympics, and many feature films. \u0026nbsp;The music was created by one of our investor's son who has played at large\u0026nbsp;music festivals including Coachella. \u0026nbsp;However WeFunder felt it would be best to have the new video as the primary at the top. \u0026nbsp;Thank you for your feedback to which I agree! \u0026nbsp;Regardless we are looking for 2021 to be an excellent year for GlobeChat and\u0026nbsp;connecting people worldwide! \u0026nbsp;:) \u0026nbsp;","author_name":"Kevin Strom","votes":0,"created_at":"2020-10-25T19:01:47Z"}]},{"id":108222,"entity_id":"wefunder:comment:108222","question":"Hi Kevin, how does this round affect us previous investors who invested with the crowdfunding safe round of $25M valuation cap? I don’t believe my question was answered. Thanks","author_name":"Sparkle Williams","votes":0,"created_at":"2020-09-28T21:14:00Z","canonical_url":"https://wefunder.com/globechat#question-108222","answers":[]},{"id":107929,"entity_id":"wefunder:comment:107929","question":"Hi Kevin, how does this round affect us previous investors who invested with the crowdfunding safe round of $25M valuation cap? Thanks?","author_name":"Sparkle Williams","votes":0,"created_at":"2020-09-26T00:50:11Z","canonical_url":"https://wefunder.com/globechat#question-107929","answers":[{"id":108280,"entity_id":"wefunder:comment:108280","answer":"Hi Sparkle, WeFunder confirmed that when we raise a priced round, our Wefunder SAFE investors will get \"the better price of either a) the valuation cap they invested under, or b) the valuation of the company at the priced round.\" We would match the current terms that we are giving now, and you would simply re-sign a SAFE agreement with a $12.5M cap. So this lower valuation round will benefit all WeFunder investors, both prior and new.","author_name":"Kevin Strom","votes":0,"created_at":"2020-09-29T16:21:03Z"}]},{"id":97157,"entity_id":"wefunder:comment:97157","question":"are you still up and running?","author_name":"Richard W RICHARDSON","votes":0,"created_at":"2020-07-09T18:40:11Z","canonical_url":"https://wefunder.com/globechat#question-97157","answers":[{"id":97559,"entity_id":"wefunder:comment:97559","answer":"Yes Richard!!! We are ramping up for a big launch in November!!! You will start progressively seeing more and more info on our Facebook, Instagram, LinkedIn and\u0026nbsp;other social accounts with updates. If Covid eases up by November we plan to have a fun launch event in Los Angeles... and of course you would be welcome to attend! \u0026nbsp;Enjoy your weekend and thanks again for your support! Best regards, Kevin","author_name":"Kevin Strom","votes":0,"created_at":"2020-07-11T21:11:56Z"}]},{"id":56303,"entity_id":"wefunder:comment:56303","question":"Hi Kevin, do you have any exciting\u0026nbsp;updates for investors?\u0026nbsp;","author_name":"Sparkle Williams","votes":0,"created_at":"2019-07-02T01:28:50Z","canonical_url":"https://wefunder.com/globechat#question-56303","answers":[{"id":56364,"entity_id":"wefunder:comment:56364","answer":"Hi Sparkle, We have a new SaaS Version of GlobeChat recently launched in the apps stores and have started customer pilots. \u0026nbsp;The new software is\u0026nbsp;directed to global companies, organizations and government agencies to communicate in multiple languages globally and concurrently.\u0026nbsp;","author_name":"Kevin Strom","votes":0,"created_at":"2019-07-02T20:24:37Z"}]},{"id":52483,"entity_id":"wefunder:comment:52483","question":"Hi Kevin! I am happy to hear about the continued progress of this much needed technology! I am thoroughly impressed and curious, will there be other opportunities for investments?","author_name":"Dwight Crawford","votes":0,"created_at":"2019-05-08T22:36:13Z","canonical_url":"https://wefunder.com/globechat#question-52483","answers":[{"id":52522,"entity_id":"wefunder:comment:52522","answer":"Thank you Dwight! \u0026nbsp;Very much appreciated. \u0026nbsp;Please send an email to us at support@GlobeChat.com\u0026nbsp;and I will respond to your email directly. \u0026nbsp;Best regards, Kevin​​​​","author_name":"Kevin Strom","votes":0,"created_at":"2019-05-09T04:08:09Z"}]},{"id":50509,"entity_id":"wefunder:comment:50509","question":"Not a question but an observation. How about selling this to or allowing access to large social media platforms like LinkedIn, Facebook, Snap, Twitter, Periscope, Instagram, Pinterest, Tinder ect. That might build your user group logarithmically.","author_name":"Frank Palazzolo","votes":0,"created_at":"2019-04-20T12:33:26Z","canonical_url":"https://wefunder.com/globechat#question-50509","answers":[{"id":50801,"entity_id":"wefunder:comment:50801","answer":"Hi Frank, Thank you and your observation is right on target. \u0026nbsp;We are in the process of on boarding customers and pilots\u0026nbsp;right now including a worldwide television provider,\u0026nbsp;large social media company as well as a global\u0026nbsp;luxury travel company. \u0026nbsp;The goal is to build our customer base and then license, partner or sell to a larger company that would benefit from our technology. \u0026nbsp;Best regards, Kevin\u0026nbsp;\u0026nbsp; \u0026nbsp;","author_name":"Kevin Strom","votes":0,"created_at":"2019-04-22T17:53:08Z"}]},{"id":27921,"entity_id":"wefunder:comment:27921","question":"Greetings Kevin, Just was wondering when will GlobeChat become available for Android Phone Users?","author_name":"Timothy Gale","votes":0,"created_at":"2018-09-21T18:47:30Z","canonical_url":"https://wefunder.com/globechat#question-27921","answers":[{"id":27922,"entity_id":"wefunder:comment:27922","answer":"We just launched the new version on iOS and Android is under construction. \u0026nbsp;Anticipated completion end of October. \u0026nbsp;","author_name":"Kevin Strom","votes":1,"created_at":"2018-09-21T19:10:14Z"}]},{"id":27409,"entity_id":"wefunder:comment:27409","question":"When will you do another fundraiser on Wefunder? I missed out on my chance to invest.","author_name":"Timothy Gale","votes":0,"created_at":"2018-09-13T13:33:54Z","canonical_url":"https://wefunder.com/globechat#question-27409","answers":[{"id":27444,"entity_id":"wefunder:comment:27444","answer":"Thank you for the message and interest\u0026nbsp;Timothy. \u0026nbsp;We may or may not\u0026nbsp;do another round in Summer/Fall of 2019. \u0026nbsp;We had a very good experience with the WeFunder Team so we would certainly be back here! \u0026nbsp;Enjoy your week!\u0026nbsp;\u0026nbsp;","author_name":"Kevin Strom","votes":1,"created_at":"2018-09-13T18:35:14Z"}]},{"id":27396,"entity_id":"wefunder:comment:27396","question":"Any new update?","author_name":"Bryian Tan","votes":0,"created_at":"2018-09-13T02:36:59Z","canonical_url":"https://wefunder.com/globechat#question-27396","answers":[{"id":27398,"entity_id":"wefunder:comment:27398","answer":"Yes. \u0026nbsp;We just released the B2B version of GlobeChat in the Apple Store just a\u0026nbsp;few days ago. \u0026nbsp;Android completion scheduled for the end of October. \u0026nbsp;We just started a small private beta test with a handful of strategic customers.\u0026nbsp;We will be\u0026nbsp;incorporating the feedback and then release to a more broad group. \u0026nbsp;So far things are going very well! \u0026nbsp;","author_name":"Kevin Strom","votes":1,"created_at":"2018-09-13T02:45:36Z"}]},{"id":24424,"entity_id":"wefunder:comment:24424","question":"I received 510.00 in checking account?","author_name":"John Cooksey","votes":0,"created_at":"2018-07-18T21:05:46Z","canonical_url":"https://wefunder.com/globechat#question-24424","answers":[]},{"id":23514,"entity_id":"wefunder:comment:23514","question":"hello kelvin please how do I invest in globe chat as I'm currently in uk and will be settled in Africa in few years to come ,and how would I be able to interact and get my dividends if you go public since I will be in Africa","author_name":"Victor Oraezu","votes":0,"created_at":"2018-07-03T12:04:56Z","canonical_url":"https://wefunder.com/globechat#question-23514","answers":[]},{"id":21175,"entity_id":"wefunder:comment:21175","question":"Greetings, you have an excellent business model, I searched your Form \"C\" and tried to locate a link for Appendix \"B\" Investor Contracts, but was unable to locate it.https://www.sec.gov/Archives/edgar/data/1701254/000167025418000060/documents_list.htm can you help?","author_name":"Bobby Desarino","votes":0,"created_at":"2018-05-05T03:06:22Z","canonical_url":"https://wefunder.com/globechat#question-21175","answers":[]},{"id":20219,"entity_id":"wefunder:comment:20219","question":"Hi Kevin, I did a quick search for \"globechat\" and \"globe chat\" in iOS app store, the app did not come up. I'm in the US market, any idea why this is happening?","author_name":"Nam Nguyen","votes":0,"created_at":"2018-04-22T17:29:35Z","canonical_url":"https://wefunder.com/globechat#question-20219","answers":[{"id":20254,"entity_id":"wefunder:comment:20254","answer":"Hi Nam, we have made significant enhancements to the software since we recently received the patent. We have added new programmers who have prior experience working with Accenture, Disney, DreamWorks, Warner Brothers, Sonos and Sega. We have added a retired Marine Corps Colonel who is working with the US Military, Nato, Red Cross, The UN, USAID and many more governmental and global organizations most impacted by language issues. We will now be offering a corporate paid plan in which governments, organizations and corporations throughout the world will license our software for a monthly fee. So we have taken down the current version so that our development team could focus 100 percent of the time and energy on the new, improved and enhanced version of GlobeChat, which is now in internal testing with customer testing and feedback anticipated for June.","author_name":"Kevin Strom","votes":0,"created_at":"2018-04-23T17:14:50Z"}]},{"id":19030,"entity_id":"wefunder:comment:19030","question":"Congratulations for the good job that your company are doing. I have a question of the earnings that a investor can win. Can you explain the benefits of invest in this company?","author_name":"Ruben Toledano","votes":0,"created_at":"2018-03-20T14:14:33Z","canonical_url":"https://wefunder.com/globechat#question-19030","answers":[{"id":19031,"entity_id":"wefunder:comment:19031","answer":"Hi Ruben. Thank you for the compliment. With any startup company, investing involves risk. We like our unique position in the marketplace and are actively striving to achieve the best returns possible for our investors. Benefits of investing include that we have a strong, experienced, well-connected and highly motivated team, combined with an innovative technology that effectively solves a communication problem for many businesses and organizations around the world.","author_name":"Kevin Strom","votes":0,"created_at":"2018-03-20T14:47:01Z"}]},{"id":19004,"entity_id":"wefunder:comment:19004","question":"Have you got a series A investment already? If you did not, whats the reason?","author_name":"Allan Duarte","votes":0,"created_at":"2018-03-19T09:59:49Z","canonical_url":"https://wefunder.com/globechat#question-19004","answers":[{"id":19005,"entity_id":"wefunder:comment:19005","answer":"Hi Allan, thank you for your question. Our goal is to not go to a Series A unless we absolutely need to as this would dilute our investors. We are raising the last of our seed round and our plan is to utilize these funds wisely to become a financially self-sustaining (and growing) company. We will always make decisions in the best interest of our investors, so it is not to say we wouldn't consider pursuing an A round in the future, but only if it made sense at the time for the overall benefit of the company.","author_name":"Kevin Strom","votes":0,"created_at":"2018-03-19T10:32:17Z"}]},{"id":18991,"entity_id":"wefunder:comment:18991","question":"When do you expect to close this round?","author_name":"Travis Huff","votes":0,"created_at":"2018-03-18T17:44:44Z","canonical_url":"https://wefunder.com/globechat#question-18991","answers":[{"id":18997,"entity_id":"wefunder:comment:18997","answer":"Hi Travis. We completed and submitted all closing documentation for this round which means WeFunder can close it at any time. We anticipate it will close very soon.","author_name":"Kevin Strom","votes":0,"created_at":"2018-03-18T22:00:33Z"}]},{"id":18966,"entity_id":"wefunder:comment:18966","question":"Do you think there is any chance you would be able to license the language translation to game app companies for in-game chat? Of if they would be able to integrate if they were to buy you out?","author_name":"David Denknaus","votes":0,"created_at":"2018-03-17T21:24:39Z","canonical_url":"https://wefunder.com/globechat#question-18966","answers":[{"id":18996,"entity_id":"wefunder:comment:18996","answer":"The B2B version of our software is completing internal testing right now and is functioning exceptionally well. Beta testing with small customer groups within corporations and government entities will start shortly, followed by the full launch worldwide. This version of our software can be white labeled for many different verticals including gaming to be used for multi-lingual translation for in-game chats as many games now are played globally. Thank you for your question David.","author_name":"Kevin Strom","votes":0,"created_at":"2018-03-18T21:56:42Z"}]},{"id":18910,"entity_id":"wefunder:comment:18910","question":"I thought this funding round was closing. What happened?","author_name":"Sparkle Williams","votes":0,"created_at":"2018-03-16T21:13:41Z","canonical_url":"https://wefunder.com/globechat#question-18910","answers":[{"id":18935,"entity_id":"wefunder:comment:18935","answer":"Yes, you are correct. There was a final document needed by WeFunder to close so the round remained open temporarily past the closing. The document has been submitted so we anticipate this to close shortly. Thank you for your question.","author_name":"Kevin Strom","votes":0,"created_at":"2018-03-17T09:51:07Z"}]}],"faq":[{"question":"Congratulations on the organic growth without any advertising efforts. Really interested in the project but have a few questions: a) Have you got a first response from the Patent Office yet? b) Is there a plan B in case the patent is not granted? c) Considering that rather tha...","answer":"Hi Viral, thank you for your interest in GlobeChat and your questions which I am happy to answer. a) No, we have not received a response from the patent office yet. It was submitted in May, 2015 and due to the technological area of invention it could take 3 years to hear from the examiner. b) Yes, absolutely. The Plan B is to grow and scale the company as quickly as possible. The patent itself would be a huge asset once approved, however patent or no patent we are focused on protecting oursel..."},{"question":"Considering an investment. Seems as if the field has significant competition. How many patents do you have? I noticed one so far. How will you differentiate yourself in this market? Thank you for your time.","answer":"Thank you for your question and considering an investment in GlobeChat Andrew. We have submitted for one patent which covers two key elements: the first being the ability to send a message in a single language to multiple recipients concurrently with each receiving the same message in their own language; the second covers the ability to filter search others globally based on age, gender, hobbies, interests, career, and thousands of other criteria. Yes, there are many social networks and chat ..."},{"question":"I tried to be the first to invest, but I get the following error message: \"investment sec_xml_filing_id can't be blank\" when I clicked submit. Is your SEC filing complete? what is causing this error?","answer":"Hey Herbert! Sorry about that, there was a delay with the SEC filing and subsequent live fundraising. You should be all set to invest now."},{"question":"Where do you come up with a $25mm validation cap with no money and no revenue to speak of and a patent that's yet to be approved? I really need to know why it's not under $5mm given you current financials? Thanks and best of luck...","answer":"Thank you for your question Barnaby. 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 revenue, is now worth more than Delta, Target, CBS, Activision Blizzard, eBay, General Mills, Marriott and 378 of the companies in the S\u0026amp;P 500. Our valuation is based upon our five year financial projections, the well documented expansion of the messaging marketplace, the innova..."},{"question":"Hi, fascinating idea. Congratulations on your success so far. I have three questions: 1. Is no other company providing businesses and others the ability to chat in real time with people who speak multiple languages? 2. Who are your 22K users so far - in other words, what do th...","answer":"Much appreciated and thank you for your questions Alan. 1. Yes, there are companies providing businesses and others the ability to chat in real time in multiple individual languages, and with the API available from Bing and Google others can enter the market as well. For us, the individual translations are only one component/tool for the larger scope of what we have created... we are focused on providing a single unified global universal communications platform to connect everyone on the plan..."}]}}}