Rainshine Global
The content studio + blockchain marketplace for global creators
Overview
Raised: $99,500
Rolling Commitments ($USD)
07/30/2022
$1,421
63
2020
Media, Entertainment & Publishing
MediaTech
B2B2C
Low
High
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$5,589,607 |
$0 |
COGS |
$5,261,725 |
$0 |
Tax |
$-36,689 |
$0 |
| ||
| ||
Net Income |
$-3,747,447 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$2,277,590 |
$0 |
Accounts Receivable |
$571,277 |
$0 |
Total Assets |
$30,753,345 |
$0 |
Short-Term Debt |
$4,930,731 |
$0 |
Long-Term Debt |
$3,168,108 |
$0 |
Total Liabilities |
$8,098,839 |
$0 |
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Founder Profile
Rainshine Global Founder Neeraj Bhargava on Creating Media 3.0
Making creative content is expensive. Video content such as Youtube videos can cost between hundreds and thousands of dollars to make, and some high-quality television shows cost around $4 million per episode. As a result, creators may have a hard time acquiring enough funding to make and share their content.
Rainshine Global is a global digital entertainment company that helps creators produce and share multiple types of creative content, including short films, feature films, television shows, and more. Through RainBlox, the company’s blockchain-enabled platform, creators can directly engage with fans, monetize, receive investments, and co-create. We reached out to co-founder, Chairman, and CEO Neeraj Bhargava to hear about his criteria for choosing to build a startup and how much runway Rainshine Global currently has.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.