Four Screens
Early Stage
Media Company supporting People of Color, Women, &; Underrepresented Communities
Overview
Raised: $73,369
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/08/2021
Close Date
04/30/2022
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$10,000,000
Valuation Cap
$12,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$315
# of Investors
122
Momentum
Funded
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Year Founded
2010
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Four Screens, with a valuation of $12 million, is raising funds on Wefunder. It is a new media company championing diversity. The company supports people of color, women, and underrepresented communities. Four Screens makes movies and TV shows that highlight stories of diversified communities and has created multiple projects. The company has generated $1.2 million in the last three years. Messiah Jacobs founded Four Screens in March 2010. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for team expansion, project development, and production of shows.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$341,090 |
$602,169 |
|
COGS |
$217,048 |
$426,270 |
|
Tax |
$38,000 |
$1,213 |
| ||
| ||
|
Net Income |
$22,579 |
$63,574 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$30,524 |
$30,917 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$105,350 |
$69,519 |
|
Short-Term Debt |
$14,703 |
$14,862 |
|
Long-Term Debt |
$12,671 |
$0 |
|
Total Liabilities |
$27,374 |
$14,862 |
Financials as of: 09/08/2021
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