Your Next-Generation Platform for In-house Fun

Your Next-Generation Platform for In-house Fun

What Do We Do?

Gathers is a platform where you can connect people who share similar interests from all over the world. You can host your guests with many fun activities such as watching movies, playing video games, cooking, reading books, etc. This platform is one of a kind, and as the next generation of in-home entertainment platforms, Gathers has a high rate of success because it offers more options for people to have fun together.

In this digital age, where everything is nearly possible, people embrace opportunities that offer digital entertainment. According to estimate, Facebook, Linkedin, Twitter, and Instagram presently boasts of 6 billion users. This is a clear indication that more people spend time online than offline. But, there are limitations to what people can do on social media platforms. Yes, they can chat, send instant text, and enjoy a few hours of a video call. But nothing beats a day of fun with friends, relatives, and kids on the Gathers Platform.

Our platform is the next best thing for people to have fun together. Friends and families can enjoy newly released films, games, cooking sessions, and hundreds of TV shows on Gathers.

Short-Term Business Goals

In the coming months, we have some areas we want to cover to ensure the success of the platform.

• We will validate the business model
• Get few sign Ups hosts and guests
• Verify the suitability of the business model
• Ensure and determine its scalability
• Seek angel investment.

As for the launching itself, we are making sure that everything we need for the launch in April is available. Our target area for the event will be in California. Once we have verified the suitability and workability of the business model and have attracted angel investors, it will be confirmation that the launch is successful.

Current situation of Gathers

Gathers is fully funded, and the website designs are presently underway. We are expecting that the first active version will launch in April 2020. All the documents that validate Gathers as a legal entity are ready. We’ve prepared the Business Plan, Pitch Deck, and Future revenue streams. Also, we’ve calculated and determined CAC, CRC, and CLV. We have also set the budget for online advertisements, which will kick off as soon as the website launches. There is no cash requirement at this stage, but we will seek angel investment by the end of the year once we validate the business model.

The search for Gathers Co-founder

I am looking for someone to partner with me in this ground-breaking start-up. The person I am searching for will be the co-founder of Gathers, and he/she will be a resident in the California area. This is not a call for financial investment but a need for combined effort to translate a wonderful dream into reality.

The qualities you must possess

• You must be supportive of upholding our core values, which include creating joyful experiences for our customers, hosts, shareholders, employees, and partners as we pursue our financial objectives.
• You must assist fully in promoting the best societal values that will enrich the experiences we provide
• You must have some helpful skills and knowledge that will enhance the success of this startup. Since I have some business development skills, our joint effort is expected to offer more value to the new business.

What are your responsibilities?

There is no outline of the responsibility of Gathers’s co-founder. As the business grows and expands, we may have diverse roles to play as the founders of the company. Right now, your responsibility is to work alongside with me to achieve the success of our startup. We will be sharing ideas, and vote on how to move forward in the business. The main part is that we need to complement each other’s talents and employ our knowledge to move forward.

Daily, we will first focus on getting hosts to sign up and encourage guests to use the service. This will be the combined effort of the founders. Also, we will shortlist angel investors to prepare to pitch the business to them at the right time.

Current Equity Structure

Presently, Khaled Alkulaib owns 99% of Gathers’s shares. The remaining 1% is granted to a business consultant who provided financial services in the early stages of the start-up.

Co-founder Compensation

• There will be a salary for the co-founder after rising from an angel investor.
• There will also be an equity split of 20%-80% contingent to angel investment.