Question 1

How much per share?

Accepted Answer

Hi Gary - We are offering a convertible note with a $2.75M discounted valuation cap. With 14,015,000 outstanding shares, that would equate to .$20 per share.  Please let me know if you need further clarity.  -Peter

Question 2

Can I ask what is the exit strategy to see a Roi to investors

Accepted Answer

Hi Keith - thanks for your question. The most likely exit strategy is an acquisition. There are a wide array of companies that would be interested in our technology - including Facebook mobile carriers, home security companies, tour operators. Our business-to-business model is substantial and attractive with regard to increasing revenue, lowering new customer acquisition costs and increasing customer retention. Our valuation is also fair ($2.75M discounted) based on all that we have achieved,...

Question 3

What is the marketing strategy to promote expanding its user base thanks

Accepted Answer

What is the marketing strategy to promote expanding its user base thanks. Kazoo has both B2C and B2B business models. With B2C, our strategy is to promote/sell through key marketing partnerships, which will minimize any marketing costs because we will be using their channels of members and customer bases. This will also ensure that we have highly engaged audiences. We secured two solid partnerships – one with the Hydrocephalus Association, which has 100,000 members; and the second with Stand ...

Question 4

What are your revenue projections for the next 5 years? If You are not allowed to disclose it then please share what your revenue goals are for the next 5 years. Thanks.

Accepted Answer

Hi Leonardo – First, thank you for your investment in Kazoo! Regarding our revenue projections, we estimate revenue for 2020 being $736K (B2B at 20.6% of total revenue; B2C at 79.6% of total revenue). In 2021, our EOY is projected at $5.M (B2B at 51% total revenue; B2C at 49% total revenue); In 2022, our total projected revenue is $11.8M (B2B at 51% total revenue; B2C at 49% total revenue); 2023 is $17.8M (B2B at 51% total revenue; B2C at 49% total revenue); 2024 is $32.6M (B2B at 44.9% total...

Question 5

Hi, what you are doing is terrific and I can definitely imagine being a customer. I like a lot of this but I have three concerns. First, like so many apps there is really nothing proprietary, so how can you be reasonably sure someone else with deep pockets will not copy your i...

Accepted Answer

Hi Alan - thanks for your feedback and questions. Regarding your first question - although Kazoo was founded on 4/1/19, we've been working on the technology two years prior. It was in an incubator state where we developed and perfected our location and alerting technology, and we were generating revenue in the App Store and collection valuable conversion data. Our app has complex technology – especially with the SOS and Meet Me Here functionality. We also have an aggressive development roadma...

Kazoo

Kazoo is a breakout game-changer in the untapped market of personal safety apps

$221,841

Kazoo

Quick facts

Team profiles

Featured investor profiles

$221,841

Ask