Christopher Anderson

Atlanta, GA (USA)
Role(s):
Founder/Owner/Principal

Oliver

Find More Startups Startup
Location: Atlanta
Industry: Technology/Web
Year Founded: 2010
Number Employees: 1-10 people
Description: I am seeking seed money to build a prototype of a proprietary and revolutionary new television. I have created a digital rendering of said product and have conducted limited market research. Completed market research has returned very encouraging results. My product dramatically changes the consumer's television viewing experience. The product does not require the development of any new technology, it simply adapts current technology and the method of delivery. Currently I am in the creation stage of my business plan. I am seeking $200,000 in capital investment in exchange for equity to finalize a prototype that we can move towards full scale production and eventual retail sales. After completion of a prototype, licensing my product to an industry leader may also be explored. My product and industry have a very profitable outlook with industry annual sales in excess of $4,000,000,000 domestically. Our aim is to have our product in retail production by 2012 and hold 5% of industry market share before 2020. Those who are seriously considering investment will, of course, be provided with detailed information regarding our product. However, to protect ourselves as well as future investors, details of our product will be withheld from this description. After completion of our prototype, substantial additional funding would be required to put our product into retail production. At this point in our business plan our initial investor(s) would be given the opportunity to further invest or be bought out. I am looking for $200,000 in startup capital so that I can finalize a prototype (this includes research and development) and secure an ironclad patent. Below, I have included some other important details about the funding that we need. I am primarily interested in these funding sources, but will consider all inquiries: -Equity Funding (Venture Capital, Angel, Private Equity, etc.) Once fully funded, I intend to use the acquired capital for these purposes: -Product Development (including hiring the necessary expert(s) to develop the physical prototype) -Equipment Financing -Operating Capital I would be very thankful for the opportunity to speak with you further about my product. You will find that this product fills a growing and important need in the television industry and provides all involved with an incredible financial opportunity. This is something that I deeply believe in and greatly appreciate the time you have taken to consider investing! Best Regards, Chris Anderson