Hey! How do you justify $21.3M valuation on annual revenue of $1M. Need to see future revenue forecast numbers before considering an investment. Current valuation appears VERY lofty to me. TY!

Thanks, Stephen. I appreciate your question. Valuations can be subjective, especially with early stage companies. Several companies on Wefunder have multi-million dollar valuations with little or no revenue. The nice thing about this round in Uptown Network is that we are offering the same terms that accredited investors have already invested over $1 million in. That gives some sense that other very experienced investors agree with the valuation. Also, this is a preferred security with 50% wa...

Hi guys, congratulations on your success to this point! It seems like you have some great technology! My question is about the timeline in your presentation materials, you have an item called "Darden Integration" placed sometime between 2015 - 2017. What does this mean? How ma...

Thanks, Mike. We have a great relationship with Darden. They are a great company. The integration is to help our systems talk with theirs. Being in 2 of 8 Darden brands should be considered a great thing as it validates our technology. Our competitors are in 0 of 8 brands. Another positive is the longevity of the relationship. I think it shows the mutual value that both companies appreciate. We are in several large brands and have positive conversations about the fut...

What do you anticipate your 2021 and 2022 revenue to be?

Hi Adam, Thank you for your question. As you can see from some of our other answers we try to not make forward leading statements. However, I can give you reasons that the future is bright at Uptown Network. We closed over 100 new restaurants during the pandemic, so we have had healthy revenue growth. Also, many restaurants have made the decision not to go back to paper menus and our pipeline is strong. We also just closed the first location in a major hotel brand which we hope to be able to ...

Obvious benefits of digitization / environmental attributes apart, I am intrigued by possibilities such as offering 3D visualization, adding detailed information (chef's vision, ingredients, allergens, customization options), and the ability for customers to indicate their pre...

Hi Subramanian, Those are great comments! Uptown Network's solutions have many of the features you mentioned. You can see an example of the 3D visualization in this video: https://www.youtube.com/watch?v=Agqie9RzjNY&t=1s

Uptown Network

Bring-Your-Own-Menu (BYOM™): Accelerating Restaurant Revenue Recovery

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uptownnetwork.com

Naples, FL

Technology Female Founder B2B Food & Beverage

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Fares interviewed Uptown Network on July 8, 2021. Play Video

Fares Ksebati

CEO of MySwimPro

Strengths

says, "Very strong initial traction with a client list that includes the biggest names in the business like Hilton, Marriott, and Hard Rock. This company is using technology to advance an industry and process that is overdue for disruption, the market is massive and the timing is compelling."

Advice

says, "Share more how AR Gifting of food & beverage turns menus from expense items into profit generators. This is very interesting and disruptive. How does the model work and what will the potential scale of this specific opportunity look like? Best of luck!"

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LEAD INVESTOR

Invested $15,000 this round

Restaurants were impacted irreparably during the pandemic which impacts so many people who depend on these jobs. Uptown Network is going to change the face of consumer interaction in restaurants while saving the planet. During these unprecedented times, it’s important that innovation and technology help carve a better path for our future. Uptown Networks will help restaurants to shore up their revenues and increase them while improving the customer experience.

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