The Flip Side

The Flip Side

Early Stage

A new way to keep up with and talk politics

A new way to keep up with and talk politics

Overview

Raised this Round: Raised: $275,603

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/08/2022

Close Date

02/03/2023

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

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

10%

Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

The Flip Side, with a valuation of $20 million, is raising funds on Wefunder. The company publishes a newsletter that bridges the gap between liberals and conservatives. The business sends a 5-minute curated email to its customers every morning with thoughtful and well-articulated pieces on specific topics. The newly launched TFS Forum of The Flip Side rewards bipartisanship and thoughtfulness rather than clickbait and trolling. Annafi Wahed founded The Flip Side in December 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for forum development, marketing, hiring, and building out the B2B functionality.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$176,798

$104,996

COGS

$0

$0

Tax

$88

$52

 

 

Net Income

$-68,684

$-399,318

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$54,651

$128,942

Accounts Receivable

$0

$22,000

Total Assets

$54,651

$150,942

Short-Term Debt

$4,334

$31,940

Long-Term Debt

$0

$0

Total Liabilities

$4,334

$31,940

Financials as of: 11/08/2022
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The Flip Side on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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