I need about $150k in “Angel” cash. Most of that money will go toward developers and accessibility experts with diverse skills and backgrounds. I will commission them to do work they are passionate about that contributes to the larger project. I aim to hire, full-time, people who contribute the work that clients appreciate most. I plan to do that by 2023, when we have solid revenue from customers purchasing our awesome product.
What type of investment am I looking for?
Convertible loans give me the option to repay investors before the notes convert to equity.
My goal is to repay all loans within four years, so that the company has full control of our equity, allowing us to take radically ethical steps like provide Basic Income Nest Eggs.
How will I recruit investment?
To recruit investment, I plan to:
If I don’t receive any investment by the end of checkbox three, I’ll just work on this project myself until investment materializes.
February 22, 2024 - We got investment! In August of 2023, we banked $100k investment. Another round of investment is on the way from others. It did take longer than I thought, so my original timeline is pushed back bit. I now aim to have solid revenue by the end of 2024. I’ll keep the OG text as a log of my assumptions.
December 19, 2024 - after raising $175k, and spending most of it, I have a clear product focus and a mostly built product. We are competing with Site Improve. Our goal will just be to take their contracts on the basis that we actually care about people with disabilities. If that doesn’t work, we can pivot our scanning technology to help organizations find cost savings. If we can’t make the internet accessible, I still hope to elevate disabled leaders. There is a glass ceiling for folks with disabilities that we can crack. But first, let’s see if we can build a viable business beating SiteImprove - a salesy company that sees people with disabilities like a rancher sees cattle.