Michael Jones

Beverly Hills, CA (USA)
Role(s):
Founder/Owner/Principal

eKarma, Inc.

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Location: Beverly Hills
Industry: Technology/Web
Year Founded: 2004
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: "C" Corporation
Description: We produce Brand sponsored concerts broadcast throughout the country, then promote the event and Sponsors product through our unique social commerce technology, that enables Brands increase their sales by 400% , while we take up to 10% transaction fee for every product sold. The technology enables users to download and purchase the music, sponsored merchandise and concert ticket in one click of a button and share it with their friends on Facebook, thus incentivizing the user with rewards or commissions to increase ticket sales. All done from their desktop or mobile device. As a result, companies can use this viewer data to: • Build house files of audience preferences and engagements • Enable re-targeted marketing efforts for Brands • Increase monetization efforts in all e-commerce initiatives • Explore title and brand extension cross-marketing opportunities • Support higher-level business decisions regarding your customers Investors receive a 10% annual income via a convertible note.