Jauntboards is currently raising funds on Wefunder through SAFE at a valuation cap of $5 million. Given that Jauntboard is pre-revenue and its product lacks defensibility, a $5 million valuation cap seems high but isn't outrageous either.

Jauntboards operates in the US business software and services market, valued at $77.7 billion. The market is expected to grow at a compound annual growth rate (CAGR) of 10.7%. This growth is driven by an increasing demand for automation in business processes across various industries and the increasing volume of enterprise data. The deployment of business software and services to enable better decision-making, reduce inventory costs, improve profitability, and enhance market positioning is expected to further contribute to this market growth.

Jauntboards' platform caters to independent workers, an underserved market segment. By allowing these individuals to create a board about their businesses and share it with prospective clients, Jauntboards taps into a niche with substantial potential. This is especially relevant given the rise of the gig economy, where independent work is becoming more prevalent.

CEO Nicole Ayres and CXO Fletcher Groeneman lead Jauntboards. Ayres brings freelancing experience that helps her understand her client's needs. Her successful business experience gives her the skills necessary to grow this business.

Fletcher comes with diverse experience as a creative director and developer. He is competent in designing Jauntboard's platform and provides a good user experience. He has previously founded a startup. However, Fletcher doesn't explicitly state that he is developing Jauntboard's platform. Therefore, investors can wonder who is developing the company's product from a technical perspective. If the platform were to be built without specific coding knowledge but mostly with tools available online, it could diminish the product's value, as, at this stage, it would still be easily replicable. The team also misses a marketing specialist who could take the startup's growth to the next level.

Jauntboards is entering a competitive business services, software, and applications market. Established competitors like Upwork, Fiverr, or TaskRabbit allow freelancers to display their work and find clients. Other platforms like WikiHow and Udemy provide free or paid advice for freelancers to progress in their business. Jauntboards aims to differentiate itself by combining its competitors' offerings on a structured platform designed for independent workers.

The company has developed a platform that allows independent workers, including creators, freelancers, solopreneurs, and entrepreneurs, to create a board about their independent businesses. Users can share the link to their Jauntboards to inform others about their products and services.

Jauntboards' differentiation focuses on independent workers and their specific needs. By providing a dedicated platform tailored to this target audience, Jauntboards aims to offer a more relevant and efficient solution compared to generic business services and software platforms. This quality differentiation sets Jauntboards apart from its competitors and positions it as a valuable tool for independent workers to showcase their offerings and attract potential customers.

Jauntboards is currently in the early stage of development. The company has developed a unique concept called "jauntboards," representing how individuals make money through various revenue streams. The platform allows users to create a board about their independent businesses and share it with others to showcase their products and services.

Jauntboards has made progress in its alpha testing phase, with over 100 users and brands participating in the testing process. This indicates early traction and interest in the platform. However, the company has not yet generated any revenue and is still in the pre-revenue stage. Therefore, this early traction isn't enough to prove product-market fit.

Financially, Jauntboards has a cash balance of $130,966 and a monthly burn rate of $8,051. This suggests that the company has sufficient funds to support its operations soon. Jauntboards has previously raised $135,000 in funding rounds.

Investing in Jauntboards carries certain risks due to its early-stage development and competitive landscape.

As a pre-revenue company, Jauntboards has yet to generate any significant income. This lack of revenue poses a risk as the company's ability to monetize its platform and attract paying customers remains unproven. 

Jauntboards operates in a slightly competitive market, with indirect competitors such as Upwork, Fiverr, WikiHow, and Udemy. These established players in the business services and software industry may already have a strong foothold and customer base, making it more challenging for Jauntboards to capture market share and achieve profitability.

While Jauntboards has tested its platform with 100 individuals and brands, the company still needs to scale its user base and drive adoption. The success of Jauntboards relies on attracting a substantial number of independent workers and businesses to create and share their "jauntboards." Failure to attract a critical mass of users could hinder the company's growth potential.

Additionally, Jauntboards does not have any partnerships, limiting the company's ability to leverage existing networks and expand its reach. Partnering with established industry players could provide access to a more extensive customer base and increase the chances of success.

Jauntboards has developed a unique platform that caters to the needs of the growing independent workforce. With a focus on creators, freelancers, solopreneurs, and entrepreneurs, Jauntboards provides a space for these individuals to showcase their independent businesses and the products and services they offer. This platform has already gained traction, with 100 individuals and brands testing its capabilities.

The addressable market for Jauntboards is the vast US business software and services sector, presenting a significant growth opportunity. As more professionals choose to work independently, the demand for platforms like Jauntboards will continue to rise.

Jauntboards' pre-revenue stage signifies substantial room for growth and revenue generation. As the platform expands its user base and establishes partnerships, it can leverage recurring revenue models to drive consistent income. The company's valuation of $5 million is low enough to provide a decent return to investors if the company grows.

Jauntboards faces several challenges that may hinder its growth and success in the competitive business services, software, and applications industry.

Firstly, Jauntboards lacks partnerships, which could limit its ability to reach a wider audience and expand its user base. Jauntboards may struggle to attract new users and gain market share without strategic alliances or collaborations with established companies or platforms. Additionally, Jauntboard doesn't seem to have an efficient marketing strategy to grow beyond its early 100 testers.

Furthermore, the competitive landscape in the business services, software, and applications industry is moderately competitive, with indirect competitors such as UpWork, Fiverr, WikiHow, and Udemy. These established platforms have already captured a significant market share and have the resources and brand recognition to attract and retain users.

To differentiate itself and compete effectively, Jauntboards must offer unique features and value propositions that set it apart from these competitors. Jauntboard will need to attract developers and clients, which may be difficult due to competition already leveraging network effects. Finally, Jauntboard's product isn't defensible and could be easily replicated.

Jauntboards is a startup that has developed a platform for independent workers, such as freelancers, solopreneurs, creators, and entrepreneurs. The platform allows these workers to create a 'board' about their independent businesses and share the link with others to inform them about the products and services they offer. This innovative solution addresses the growing need for tools and platforms that support the burgeoning independent workforce.

The company is currently in the pre-revenue stage, alpha-testing its platform with over 100 users and brands. While the company operates in a highly competitive landscape with indirect competitors such as Upwork, Fiverr, WikiHow, and Udemy, the uniqueness of its offering could potentially carve out a niche for Jauntboards. The demand for business software and services is expected to increase, driven by the rapid growth of enterprise data and the automation of business processes across various industries.

However, it's important to note that Jauntboards is still in its early stages, and the success of its platform will largely depend on its ability to attract and retain a substantial user base. Jauntboard lacks both defensibility and an efficient marketing strategy, which the company will need to grow and generate returns for investors.

The company has previously raised $135,000 in prior funding rounds. With a valuation cap of $5 million, the current crowdfunding campaign aims to raise between $50,000 and $265,000.