Gides

Gides is a social network that gives everyone the features of a custom website
Analytics
Raised to Date: $115,883
Aggregate Commitments $
Wefunder
09/08/2020
03/05/2021
$250,000
$1,070,000
$100
SAFE
RegCF
Seed
$10,000,000
20%
Weekly Commitments $
Active
01/17/2021
45
46%
11%
$885
Summerville, South Carolina
Media, Entertainment & Publishing
MediaTech
B2B/B2C
Low
Low
Gides, with a valuation cap of $10 million, is raising funds on Wefunder. It is a social network that gives the functionality of a website without an actual website. The platform is building a universally-accessible internet experience that allows users to create and share content from their phone. Jeffrey T. Medford founded Gides in 2016 and has raised over $4 million since the inception. The proceeds of the current crowdfunding campaign, with a minimum target of $250,000 and a maximum target of $1,070,000, will be used payroll expenses, office-related expenses, tech and hosting expenses, and legal expenses. Gides works on subscriptions and plans to monetize digital content for the users.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$25,000 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-1,019,201 |
$-334,775 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$6,943 |
$106,782 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$2,380,080 |
$1,284,720 |
Short-Term Debt |
$3,863,822 |
$1,749,261 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$3,863,822 |
$1,749,261 |
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