MakeLoveNotPorn

MakeLoveNotPorn

Early Stage

Pro-sex. Pro-porn. Pro-knowing the difference.

Pro-sex. Pro-porn. Pro-knowing the difference.

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/22/2023

Close Date

03/28/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$30,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/23/2024

Days Remaining

34

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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Year Founded

2011

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

MakeLoveNotPorn, with a valuation of $30 million, is raising funds on Wefunder. The company has developed a platform for sharing, renting, and viewing real-world sex videos. MakeLoveNotPorn aims to destigmatize sex as a celebrated fact of life and make communicative sex aspirational. MakeLoveNotPorn has had 1.5 million signed-up users in the past ten years and has generated $3.5 million in revenue. Cindy Gallop founded MakeLoveNotPorn in August 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.23 million. The campaign proceeds will be used for hiring a developer, online marketing, and promotions.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$684,894

$644,980

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-348,692

$-503,087

Summary Balance Sheet

FY 2022 FY 2021

Cash

$152,586

$196,607

Accounts Receivable

$0

$0

Total Assets

$674,252

$757,301

Short-Term Debt

$70,134

$44,001

Long-Term Debt

$362,336

$362,994

Total Liabilities

$432,470

$406,995

Financials as of: 12/22/2023
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MakeLoveNotPorn on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $30,000,000

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