Overview
Raised: $273,500
Total Commitments ($USD)
Platform
MainVest
Start Date
05/26/2020
Close Date
09/30/2020
Min. Goal
$200,000
Max. Goal
$400,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.30X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/03/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,171
# of Investors
689
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Great Scott, a music venue in Allston, MA, is raising funds on MainVest. The venue offers the stage to local comics, musicians, tourist acts, and drag queens and attracts music fans. The arts keep the community alive and bring them all together in a safe and welcoming environment. Great Scott is led by Carl Lavin and is about to be taken over by Chowderquake, LLC, to keep the dream alive amidst the COVID-19 difficulties. The current round of crowdfunding has a minimum target of $150,000 and a maximum target of $350,000, and the funds will be used for rent payments, soundproofing, and other fees and licenses payments. Great Scott is an important part of Boston’s arts community and is a beloved music venue.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/26/2020
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