QuirkChat
How Geeks Make Friends - social video, livestream and channel chat for geeks!
Analytics
Raised to Date: $29,286
Aggregate Commitments $
Wefunder
10/12/2020
12/02/2020
$50,000
$250,000
$100
SAFE
RegCF
Seed
$4,500,000
0.2%
Weekly Commitments $
Active
10/21/2020
38
59%
12%
$3,254
61
Concord, NC
Media, Entertainment & Publishing
MediaTech
B2C
High
Low
QuirkChat, with a valuation cap of $4.5 million, is raising funds on Wefunder. It is a niche online community of geeks and hobbyists who create and join social videos and networking platforms. QuirkChat has three features: Quips, Podchats, and Squads. Bee Law founded QuirkChat in 2018 and has raised over $300,000 since the founding. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $250,000, will be used for user acquisition, marketing, expanding the development and operations team, content creation, and building partnerships. QuirkChat has more than 25,000 active users in the US, Canada, and Europe. The company has partnerships with HBO and Warner Bros and has generated over $200,000 in revenue since the app’s launch.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$118,250 |
$36,384 |
|
COGS |
$2,006 |
$4,131 |
|
Tax |
$698 |
$668 |
| ||
| ||
|
Net Income |
$-21,416 |
$-64 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$31,034 |
$-13,796 |
|
Accounts Receivable |
$13,900 |
$13,900 |
|
Total Assets |
$47,554 |
$2,724 |
|
Short-Term Debt |
$18,293 |
$2,939 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$18,293 |
$2,939 |
Ratings
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