#thefutureofwealth is alternatives. #thefutureofwealth is women

Fund-It or Forget It?

Startup Deal: Black-Owned Business

Location:

USA (App targets all US cities)

Stage:

Pre-Revenue

Minimum Investment:

$5,000

Target Return / IRR:

Not specified

Investor Type:

Accredited Investors Only

The Rainmakers Collective’s Take

This startup opportunity brings together a seasoned team with prior exits and meaningful traction. The project is a mobile application designed to make it easy for consumers to find and support Black-owned businesses.

We like the combination of a strong, mission-driven concept and a clear target market of “inclusive consumers”. It’s also backed by an impressive development team with founders and senior talent from Google, Facebook, and Merrill Lynch, and an advisory board that includes the co-founder of Venmo and notable figures like Chris Rock and Tiffany Haddish.

We’d want to dig further into:

  • The specific structure of the “Future Equity” deal mentioned in the “Ask and Use of Funds”.
  • The customer acquisition cost (CAC) and the strategies to scale beyond the initial organic growth.
  • The timeline and milestones for product development and achieving the projected 300M service obtainable market.

The offering is structured as Future Equity and is open to accredited investors only. For the detailed memo, become a Rainmaker.Â