Deal highlights
- Backed by the GK Fund.
- Raised $34,000 in 2020.
- Late-2020 launch on the Apple App Store.
- Rated 5 stars by our users on the Apple App Store.
- Added award-winning Hollywood screenwriter and producer, Jason Keller, to our management team.
- Skilled team with experience in data analytics, design, and finance.
- Included a new feature to save shows that you’d like to watch later.
- Featured in Market Insider, Business Wire, and more.
Problem
Most streaming networks today use algorithms that recommend shows based on past viewing preferences, actor, genre, etc., and recommend shows or movies only within their platform. This results in less than ideal recommendations and lots of time spent searching for a new show or movie.
Without any insight into what your friends are watching, there is a social element to TV that is completely ignored by the current market. People like to talk about what they are watching, but this process is fragmented and gets scattered into many different locations (Twitter, text, word of mouth, Instagram, IMDB, Reddit).
We aim to streamline this process and provide a centralized location to facilitate conversations around television and movies.
solution
The MustWatch app aims to make it easy for friends to connect and share their passion for TV.
To give a little background on how MustWatch came to be – our co-founder Mark wanted to talk about the latest episode of Game of Thrones at work one day, but his boss was not caught up and banned all Game of Thrones communications at work. Mark being the chatty guy that he is, still wanted to find someone to chat about GoT. This sparked the thought – how can we find out who is up to speed on the latest GoT episode so I can discuss it with them?
MustWatch aims to solve this problem by allowing you to see what shows your friends watch, send recommendations directly to family and friends, and chat with them about your favorite shows and movies. The app also includes a curated list of shows your friends have recommended for you, planning to make MustWatch the one-stop-shop to find your next show.
Here's how it works:
- MustWatch collects a list of shows you watch, either directly from you or from shows you like on Facebook.
- Instantly add friends to easily see who have or have not yet watched a show.
- Seamlessly recommend shows to your friends.
- Generate an entire catalog of show recommendations driven by the shows your friends are watching.
- See recommended shows by your most trusted friends.
- Form chat groups and direct messages around specific shows and episodes.
- Never miss an update with our calendar and news features.
- Read the news and gossip articles about your shows and their cast.
- View ratings and descriptions of every show you may want to watch next.
- Save shows that you want to watch in the future.
FEATUREd
MustWatch was selected as a GK Fund 2021 Micro Grant Winner and received a $10,000 grant.
The GK Fund is a 501(c)3 nonprofit organization working to close the racial wealth gap by driving equitable access to capital, mentorship, legal services, and marketing for BIPOC, women, and veteran founded startup companies in Massachusetts. The fund provides $10,000 seed funding, mentorship, legal services and other benefits offered through corporate partnerships to a select cohort of growth stage startup companies with BIPOC, women or veteran founders.
Business model
Our customers are TV networks & streaming services.
We plan to generate revenue from networks and studios through:
- Advertising promoted content to hyper-targeted demographics.
- Selling subscriptions to customizable data insights like social engagement, fan engagement, and more.
- Leveraging ads embedded into our application, aiming to allow us to promote shows while minimizing the impact to the user experience.
We aim to give streaming services and TV networks the means to advertise new content to a targeted audience based on what people are watching, recommending, and discussing. We plan to offer streaming services insightful, cross-platform data which can be leveraged to retain and attract customers, and possibly include advertisers who would like to promote their shows on our platform as customers.
market
People love to watch TV. It’s a fun, easy way to unwind and escape the daily grind. In fact, according to Nielsen, they love it so much that the average US adult spent more than 33 hours a week parked in front of their television set¹ in 2020.
There are also a lot of people watching television at any given time. It is estimated that there are more than 120 million TV viewing households in the U.S alone.² Meanwhile, 94% of smartphone owners are playing with their phone while they watch, per the Facebook IQ Report.³ With over 6 billion smartphone owners worldwide and so much overlap between smartphone and TV users, the opportunity set for the MustWatch app is large.⁴
press
- Boston University
Unsure What to Stream Next? This App Just Made It Easier - Market Insider
MustWatch: The Media Customization You Have Always Longed For - Business Wire
Netcapital Inc. Portfolio Company MustWatch Receives Grant from Racial Equity Non-profit GK Fund - Yahoo! News
MustWatch: The Unicorn of Social Apps - PRWEB
MustWatch LLC Announces the Creation of an Advisory Board
TEAM
Sources
¹https://www.nielsen.com/us/en/insights/report/2021/total-audience-advertising-across-todays-media/
²https://www.statista.com/statistics/243789/number-of-tv-households-in-the-us/
³https://www.facebook.com/business/news/insights/mobile-and-tv-between-the-screens
⁴https://www.statista.com/statistics/330695/number-of-smartphone-users-worldwide/
Use of Proceeds
If the offering's maximum amount of $450,000 is raised:
Use | Value | % of Proceeds |
---|---|---|
App Development | $250,000 | 55.6% |
Marketing | $100,000 | 22.2% |
General and Administrative | $77,950 | 17.3% |
Intermediary fees | $22,050 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Units, under registration exemption 4(a)(6), in MustWatch LLC. This offering must reach its target of at least $10,000 by its offering deadline of June 30, 2023 at 10:59pm 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
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
- Jul 1, 2023Primary offering finalized, sellingunits
- Aug 18, 2022Thank you for all your support during our first...
- Jan 6, 2022We at MustWatch want to send our thanks to you,...
- Jan 1, 2022Primary offering finalized, sellingunits
- Nov 21, 2021Excited to announce that MustWatch has received...
- Aug 23, 2021MustWatch has a brand new look! In case you...
- Jul 19, 2021Award Winning Screenwriter & Producer Jason...
- Jun 28, 2021New Feature: MustWatch Trends & Analytics...
- May 27, 2021MustWatch is in preliminary talks with a major...
- Apr 21, 2021At MustWatch, we’ve been blown away by the...
- Dec 16, 2020It's official – MustWatch is now available in...
- Dec 10, 2020It’s here! The moment you’ve all been waiting...
- Dec 9, 2020In the past few months, we’ve made significant...
- Dec 7, 2020We’ve received a lot of insightful feedback...
- Sep 10, 2020We're happy to announce that we have launched...
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