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Successfully Funded on January 19, 2016
Likeminder

Safely share your personal thoughts and opinions “off the record” and without social pressure.

Amount Raised

$100,000

Investors

5

Days Left

Funded

Regulation D Offering

www.likeminder.net
New York City
Following for updates
    Founding Team
    Paul Keblish
    Co-founder, CFO

    Paul has over 25 years of experience in investment banking, venture investing and securities operations. He began his career on the floor of the NYSE with DLJ/Pershing, spending most of the next 5 years in London helping to develop Pershing’s first multi-currency clearing/settlement system. He spent over 10 years in investment banking with a focus o the media and business information sectors and led several...

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    Paul has over 25 years of experience in investment banking, venture investing and securities operations. He began his career on the floor of the NYSE with DLJ/Pershing, spending most of the next 5 years in London helping to develop Pershing’s first multi-currency clearing/settlement system. He spent over 10 years in investment banking with a focus o the media and business information sectors and led several notable transactions, including as bookrunning and joint-lead manager for Alliance Data Systems (one of best performing IPOs since 2000).

    He has focused on venture investing and startups for the past 10 years.

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    Curt Cimei
    Co-founder, COO

    Curt brings Likeminder over 20 years experience building successful interactive businesses. Most notably, he helped create and execute American Express' first global interactive strategy, he helped grow revenue to over $100 million at Shopping.com and position the company for a 2004 IPO and 2005 acquisition by eBay, and he helped build the sell-side platform at Adap.tv, currently the leading Web video ad serving,...

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    Curt brings Likeminder over 20 years experience building successful interactive businesses. Most notably, he helped create and execute American Express' first global interactive strategy, he helped grow revenue to over $100 million at Shopping.com and position the company for a 2004 IPO and 2005 acquisition by eBay, and he helped build the sell-side platform at Adap.tv, currently the leading Web video ad serving, management and trading platform and recently acquired by AOL.

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    Shu Eliovson
    Co-founder, advisor

    Shu is a pioneer of web-based mental health services and online communities, with a specialization in new forms of consumer engagement related to behavioral health. With over two decades experience, Shu played a pivotal role in many early-stage Internet IPOs, including Prodigy Internet, VitaminShoppe.com, IDT, and Net2Phone, and led in the strategy and product development that migrated Prodigy from the worlds...

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    Shu is a pioneer of web-based mental health services and online communities, with a specialization in new forms of consumer engagement related to behavioral health. With over two decades experience, Shu played a pivotal role in many early-stage Internet IPOs, including Prodigy Internet, VitaminShoppe.com, IDT, and Net2Phone, and led in the strategy and product development that migrated Prodigy from the worlds largest online service to web-based communities. Shu brings Likeminder a wealth of related domain expertise and patent-pending technologies in Web-based mental health services and online communities. He is an ordained Rabbi and expert of Pastoral Counseling for crisis intervention, at-risk youth, positive parenting, and marriage.

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    Eitan Weisbeker
    VP Engineering

    Eitan is a seasoned R&D manager with over 15 years of technical and development experience. He has worked with both startups and large corporations, including over 13 years with HP and Amdocs, and has a strong track record of in building and managing software products and teams. Eitan brings full stack capabilities and experience in managing the complete product lifecycle from the early stages of analyzing...

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    Eitan is a seasoned R&D manager with over 15 years of technical and development experience. He has worked with both startups and large corporations, including over 13 years with HP and Amdocs, and has a strong track record of in building and managing software products and teams. Eitan brings full stack capabilities and experience in managing the complete product lifecycle from the early stages of analyzing market and customer/business needs up until release and production stages.

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    Elana Amminadav
    VP Moderation

    Elana is a trained clinical psychologist and an expert in online therapy, with over a decade of social media moderation and online case management experience.

    Elana is a trained clinical psychologist and an expert in online therapy, with over a decade of social media moderation and online case management experience.

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    Investors & Advisors
    Marc Perlman
    Advisor

    Marc Perlman is a recognized thought leader with deep global relationships from more than 30 years experience driving strategy and solutions across the healthcare and life sciences industry. Previously at Oracle as Global Vice President Global Life Sciences.

    Marc Perlman is a recognized thought leader with deep global relationships from more than 30 years experience driving strategy and solutions across the healthcare and life sciences industry. Previously at Oracle as Global Vice President Global Life Sciences.

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    Don Copeman
    Advisor

    Don Copeman is the founder and former CEO of Copeman Healthcare, one of the largest private healthcare companies in Canada. He is also the founder and former CEO of Carebook, an online personal health dashboard. Both companies were sold to Medisys, the largest private healthcare company in Canada.

    Don Copeman is the founder and former CEO of Copeman Healthcare, one of the largest private healthcare companies in Canada. He is also the founder and former CEO of Carebook, an online personal health dashboard. Both companies were sold to Medisys, the largest private healthcare company in Canada.

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    Reg D Offering Summary
    Investors in Regulation D offerings must be accredited and are not subject to SEC investment limits.
    Amount Raised
    $95,000.00
    Investors
    4
    Security Type
    FlashSeed Convertible
    Offering Min
    $100,000
    Offering Max
    $500,000
    Valuation Cap
    $3,000,000
    Valuation Discount
    20.0%
    Option Pool
    N/A
    Reg D Offering Summary (SPV)
    Investors in Regulation D offerings must be accredited and are not subject to SEC investment limits.
    Amount Raised
    $5,000.00
    Investors
    1
    Security Type
    FlashSeed Convertible
    Offering Min
    $0
    Offering Max
    $500,000
    Valuation Cap
    $3,000,000
    Valuation Discount
    20.0%
    Option Pool
    N/A
    Commonly Asked Questions
    What is the "collaborative economy" and why is it important?
    The collaborative economy is built around the fundamental concept of people helping people and epitomized by companies like Ebay, Uber and Airbnb. Likeminder is built on this same concept. Funding for the collaborative economy is now estimated to exceed that of the social networks.
    How is Likeminder different from Facebook, LinkedIn, Snapchat and other popular social networks?
    Facebook, LinkedIn and other popular social networks are identity-based, which means all content is tied to a person's real offline identity and creates the related social pressures. In contrast, Likeminder is anonymous, which allows for (and encourages) authentic expression without social pressure or a digital footprint.
    How is Likeminder different from other anonymous apps like Yik Yak?
    Most anonymous apps focus on superficial banter and 'confessions', leading to random, careless sharing, which limits ‘affinity’ and a sense of community. Likeminder's wellness focus uniquely provides both privacy and a depth of dialogue, coupled with insightful user profiles, thereby generating "anonymity with affinity." More specifically, emotional wellness is our guiding principle. It differentiates Likeminder from other sites/apps, focuses our use of product and anonymity in thoughtful directions, and it sets our intended revenue model.
    There are so many online and offline support groups. How is Likeminder different?
    Support groups, by definition, are built around a specific condition. Online and offline support groups are helpful for those struggling with a specific condition or issue, know where to go, and are motivated enough to seek help. Likeminder is appropriate for everyone, but is built more specifically for the proverbial "other 80%" of people that are not in need of a specific support group. Likeminder is built to promote and encourage 'everyday sharing.' Research supports the benefits of peer support as well as the simple act of writing things down, both of which are convenient by-products of using Likeminder on a regular basis.
    Is this really a big issue that you are trying to address? And is it also recognized by others as a problem?
    Absolutely. Lost productivity due to personal issues ('presenteeism') costs North American businesses about $150 billion annually, which means it is a big opportunity. And equally important, Stress, Anxiety and Depression are the leading student health issues on US college campuses. A look at depression and anxiety statistics for military veterans shows a severe crisis as well. Member-based organizations like corporations and universities have recognized the link between wellness and effectiveness, and are investing to improve both…for their members and themselves. Corporate wellness spending is estimated at approximately $1,000 per employee per year in the US, almost double from five years ago.
    Describe the types of things people do or share on Likeminder.
    Likeminder appeals to a broad audience of people who have something to say or something to share but prefer not to make their real offline identity the focus of their message. On Likeminder, people can RANT, HUDDLE and JOURNAL. You "Rant" when you feel like sharing, making a statement or expressing an opinion about something important to you and you are encouraging feedback. You can "Huddle" with others like you when you are dealing with an issue and looking for empathy or trying to figure out your next play. And you can also "Journal" if you're not looking for feedback but just want to record some daily thoughts, get something off your chest or just organize your thoughts by writing them down. Give it a try, there's something for everyone!
    It seems like your addressable audience includes all adults that are online and using social media. Are you focusing on specific target demographics within this big group?
    Our initial efforts will focus broadly on college-age adults and women (particularly new moms), as they are two of the biggest and most prolific users of social media. The transition to college and adult independence, and the transition to parenthood are life-stages that are often accompanied by uncertainty, stress and anxiety.
    What do you mean by a 'virtual front-end' to existing wellness programs?
    Organizations like corporations and universities have long known of the link between wellness and effectiveness. Most companies with 50 or more employees and virtually all colleges in the US of some form of assistance programs to their members. But many of these programs are similar to support groups in the need for the individual to acknowledge their issue or need and actually step forward to ask for help. This is the weak link in the chain. We believe that by providing a convenient online place for people to share (and a place that truly respects their privacy), Likeminder can serve as an effective way for these (largely offline) programs to extend their reach to the proverbial 80% of their members that are not utilizing their services. The premium services we will sell to organizations respect the privacy and anonymity of the individual.
    How do the terms of this offering compare to your past offerings?
    The terms of the convertible notes offered here ($3 million pre-money cap, 20% discount) are the same terms as our current investors have. We have raised $900,000 to date, with about half of that coming from founders. So this is about as "ground-floor" an entry point as you can get!
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    Pitch Deck (PDF)
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    Executive Summary
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    Pew Internet - The Social Life of Health Information
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    Center for Collegiate Mental Health Annual Report 2014
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    Patent Application - Moderated Anonymous Forum (Pending)
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    Additional information
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    Where Does Likeminder Fit in the Collaborative Economy?
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    Funding: Social Media vs Collaborative Economy
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    Term Sheet
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    FlashSeed Convertible Promissory Note Subscription Agreement
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    FlashSeed Convertible Promissory Note
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    FlashFund LLC Agreement
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