Mike Suechting

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

MySkateBook

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Location: Folsom
Industry: Internet
Year Founded: 2011
Number Employees: 1-10 people
Business Stage: Creation/Idea
Entity Type: Limited Liability Company
Description: We are a brand new sports market social media network with all the standard features of current social networks and several innovative features specific to our audience. Our competition will be several social media networks that are similar to ours but lack functionality and marketing. We will be competing on two fronts; social networks and media advertisements. We are headed up by 10 year veteran and sponsored athlete in the action sports community with 10 years of management experience; CEO, Chairman, and President of a $114 million dollar action sports footwear retail chain consisting of 199 stores in 35 states and IPO of $85 million; CEO of a 7 year old web design and development company that built many prominent sites including several for RedBull; and CPA with over 6 years of professional work experience. The timeframe for development and implementation is 7 months from receiving an initial investment. Following month 7, we expect to see significant and rapid growth. We own all of the domain names and IP rights as they were purchased for the company. Throughout our team’s combined work experience, we have the necessary and essential contacts in our industry to properly market and build a strong and sustainable company. We also have the skills and experience to design and develop a reliable and user friendly social network. We require $500k to fully fund our initial start-up costs. We are selling company shares in multiples of 1, priced @ $50,000 each for a 2% stake (initial $50,000 will receive 6%). Any investor would also be given first option on further shares as they became available. Our start-up location will be Sacramento, CA. However, upon launch, our main headquarters will be Orange County, the birth place of action sports and home a majority of all vendors. We are looking for long term investors who are willing to help us get to the next stage. We see ourselves as a 5 year investment. Remember you would be investing in a company at its beginnings so, any additional sites that we develop, will earn you revenue as well.