Story2
Early Stage
Live your biggest, boldest life through the science of storytelling
Overview
Raised: $0
Total Commitments ($USD)
Platform
Republic
Start Date
12/11/2019
Close Date
04/29/2020
Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Series A
SEC Filing Type
RegCF
Valuation Cap
$10,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/29/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2014
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B2C
Margin
High
Capital Intensity
Low
Story2, with a $10 million valuation cap, is raising funds on Republic. The company is focused on improving communication capabilities through the art of storytelling. Story2 uses the Moments Method for people to tell their stories effectively and confidently. Additionally, the company also has a unique platform, StoryBuilder, that provides writing courses and coaching for students and professionals. Story2 was founded by Carol Barash, Moshiur Tarafdar, and Jack Scotti in 2014 and has raised over $2 million since its inception. The current round of crowdfunding has a minimum target of $100,000 and a maximum target of $1,070,000. Story2 has served more than 200,000 users to date and has partnered with Kaplan, Princeton, NYC DOE, and the likes.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$418,213 |
$590,652 |
|
COGS |
$68,709 |
$98,998 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-842,689 |
$-614,156 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$57,655 |
$21,867 |
|
Accounts Receivable |
$69,500 |
$136,730 |
|
Total Assets |
$135,405 |
$166,847 |
|
Short-Term Debt |
$849,486 |
$2,191,355 |
|
Long-Term Debt |
$2,157,388 |
$258,372 |
|
Total Liabilities |
$3,006,874 |
$2,449,727 |
Financials as of: 12/11/2019
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