early bird discount
Investors who participate in the offering on or before February 10, 2025 at 9:00am EST will receive a 20% early bird discount and be able to invest at a purchase price of $0.40 per share; and investors who participate in the offering after February 10, 2025 at 9:00am EST will invest at a purchase price of $0.50 per share, which equates to an $4.5 million pre-money valuation.
Introduction
Bash® is not just a SaaS platform; we believe it's a societal revolution. We are aiming at the heart of lost and lonely Americans trying to connect in business and in person. Our focus is planned to initially be on family offices and then we plan to expand our marketing more broadly to general society, including college students. Our product focuses on seamlessly blending event planning, social media engagement, and lead-generation into a single, intuitive platform. Our mission is to empower our users with tools that not only streamline event organization but also foster deeper connections within local and global communities.
Our goal is to redefine the event management experience by providing an innovative, all-in-one solution. We focus on task and volunteer coordination, comprehensive profile management for various event roles, and enhanced social media interaction, all underpinned by a steadfast commitment to safety and inclusivity.
We envision a world where every event, whether a cozy house party or a large-scale music festival, is not just an event but a memorable experience. Our vision is to make organizing, promoting, and attending events a seamless, enjoyable journey, thereby enriching lives and strengthening community bonds.
In Phase One, we aim to focus on family offices. We plan to cater to their needs and make the event planning experience really stellar for them and then take what we’ve learned and built and share it with the masses. One particular feature we are excited to share with them is our special geolocation feature which will allow us to determine how long two people have been standing next to each other, helping to qualify leads and determine intent and interest, thus helping them speed up their time to close metrics on deals.
Success to Date
- Past Revenue:
– We just held a Smash Bros. Tournament where we charged $5 per ticket on Bash® and $10 on Venmo and most people chose to pay through Bash®. We put $5 from each ticket towards the pot and gave it to the winner at the end of the night. Everyone had a lot of fun! We aim to make this event as big as the EVO conference someday. - Upcoming Revenue:
– Planning a local music festival in July.
– Aiming to partner on a non-profit music festival for mental health awareness and suicide prevention in August at the Utah Motorsports Campus.
– Won a Vegas pitch competition put on by Million Dollar Mingle with $100k investment opportunity as the grand prize.
– In process of signing a deal with Osteostrong to have their 200+ franchises use Bash® for their location opening parties. - We’re thrilled to announce our placement as Producer's Pick on America's Real Deal, with filming set to begin in late August and the season premiering in October, hosted by Joey Fatone from NSYNC.
- Promise2Live has offered to put me on their show.
- After the pitch competition, famous record producer Luca Dayz stopped me to say he wants to get all of his artists on Bash. He’s been interacting with Bash’s instagram.
Problem
Untapped Opportunity: The Hidden Challenges of Event Industry Discontent
Event attendees feel overwhelmed by the current event discovery process, with all events treated equally and too many poor options available. Despite their willingness to invest in experiences, they prefer word-of-mouth recommendations over traditional advertising methods. Platforms like Ticketmaster and LiveNation, although focused on larger events, are criticized for hidden fees, leading to a growing dissatisfaction among users. The event landscape is polarized between large, expensive productions and poorly executed free events, leaving a gap for moderately priced, well-executed gatherings. Organizers struggle to market events without hefty budgets, resulting in a decline in quality and ticket prices. Trust issues persist between organizers and service providers, exacerbated by ineffective advertising methods like online ads being blocked by ad blockers. This presents an opportunity for a solution that simplifies event discovery and fosters transparency in the industry.
Solution
Immersive, personalized, localized experiences. Bash® - Your Gateway to Unforgettable Experiences and Networking Opportunities
A more cost effective method of getting in front of your target audience is letting an event organizer matchmake between an audience they are inviting with service providers they are contracting to support their event. This personalized touch is far more effective than a cold online ad or billboard. Trust is built in the community as the event organizer continues to throw worthwhile events for both the services and the attendees.
We also require that all of our users sign up with an ID within 24 hours of signing up with their current information. We utilize Stripe, maximizing security and eliminating risk of AI bots, spammers, and scammers from existing on our platform. This is intended to create the most valuable community of event goers and throwers we possibly can create and deliver the best user experience we possibly can.
Invest in more than just a business; invest in a vision. With our platform, you're not only tapping into a lucrative market; you're becoming a catalyst for genuine connections and community-centric success. Seize the opportunity to be at the forefront of innovation and watch your investment soar.
Business Model
Our planned blended SAAS model:
- Free - Organizer requirements: $5 min cover charge, 10 person RSVP threshold to show publicly, pays fees as Guest.
- Premium - pays monthly subscription, waives organizer requirements and fees as guest.
- VIP - invite-only tier, costs $1k per month/10k/year.
Services:
- They can charge what rate they would like, but we plan to establish market rates based on location and service type, and we plan to give them a suggested rate to charge based on experience/rating, etc. If a service wants to charge more or less they can, but they must justify why (whether it’s experience, quality, etc.).
- Bash® plans to test taking a service fee and/or charging a monthly subscription.
- Bash® plans to offer property managers to venue owners.
- Bash® plans to charge a finders fee to hosts for connecting them to finance partners.
Organizations/Associations (ie: clubs, churches, fraternities/sororities):
- They can run their memberships through Bash, or link to their own sites.
- Bash plans to negotiate and take a commission and/or royalty on active members if they have a membership structure.
Non-profit strategy:
- We plan to be supporting a lot of non-profit events and taking a management fee to put them on, trying to prove it can be affordable and viable to put on an epic and meaningful event.
Market
Team
Use of Proceeds
If the offering's maximum amount of $600,000 is raised:
Use | Value | % of Proceeds |
---|---|---|
Product Development | $210,600 | 35.1% |
Marketing | $120,000 | 20.0% |
Operations - General & Administrative | $90,000 | 15.0% |
Payroll | $150,000 | 25.0% |
Intermediary fees | $29,400 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Class B Common Stock, under registration exemption 4(a)(6), in The Bash App, Inc. dba Bash. This offering must reach its target of at least $10,000 by its offering deadline of April 1, 2025 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
Bash’s official name is The Bash App, Inc., so that’s the name that appears in the statements below.
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Dec 29, 2024We got interviewed! Take a look at our first...
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