AI TV @ MyStreme
Early Stage
World’s First Fan-Owned TV Service
Overview
Raised: $368,632
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/13/2023
Close Date
10/30/2023
Min. Goal
$75,004
Max. Goal
$4,049,997
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$4.90
Pre-Money Valuation
$49,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/04/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,603
# of Investors
699
Momentum
Funded
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Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
AI TV @ MyStreme, with a valuation of $49 million, is raising funds on Wefunder. The company has developed an AI-powered TV service that streams everything you love in one app. The service aims to be like Spotify for video, wherein the TV Bot will function as a cross-channel search engine for finding movies, shows, and hobbies you want. Robert Ghim, Charles Hasek, and John J. Lee, Jr. founded AI TV @ MyStreme in July 2022. The current crowdfunding campaign has a minimum target of $75,004 and a maximum target of $4.05 million. The campaign proceeds will be used for media buys and marketing, software development team, tech equipment and cloud services, business operations, and contingency.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-222,671 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$32,553 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$32,553 |
$0 |
|
Short-Term Debt |
$144,073 |
$0 |
|
Long-Term Debt |
$111,150 |
$0 |
|
Total Liabilities |
$255,223 |
$0 |
Financials as of: 03/13/2023
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