The Flip Side

Early Stage

A new way to keep up with and talk politics

Overview

Raised to Date: Raised: $265,328

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/09/2022

Close Date

03/30/2023

Min. Goal

$50,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

Funding Type

RegCF

Valuation Cap

$20,000,000

Discount Rate

10%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/03/2023

Days Remaining

55

% of Min. Goal

531%

% of Max. Goal

27%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,085

# of Investors

641

Momentum
hot.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

New York, New York

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

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: 11/09/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
The Flip Side on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow The Flip Side on Wefunder 2022
View on Wefunder