Content

listed by broker
Tech
Founded in
2017
Desired valuation:
Open to offers
Description
Largest conference and membership organization in the world for black women and black men tech founders that pulls people from around the world. Yearly tentpole event with virtual webinars throughout the year. City hubs in 9 US cities and London. Membership organization with access to other founders, content, offers, education and funding. Doubled revenue year over year for 4 years straight even during pandemic, 100K social media followers, above average industry profit margins
Featured metrics
Doubled revenue year over year for 4 years straight even during pandemic, 100K social media followers, above average industry profit margins
Selling details
Type of shares
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Reason for selling
I am looking into selling my minority stake as I have left the business full time. We had 15 organizations interested in a buyout in early 2020 before the pandemic, so I believe there is a lot of interest in our fast growing business.
Preferred acquirer
I'd like to connect with people or organizations in the conferences or events business, professional membership organizations or multimedia companies.
Aspirations & growth opportunities
We have the largest membership organization of black women tech founders that has grown significantly in the last few years. We successfully expanded our model to black men and could franchise into other demographics as well. We also have a significant amount of video content that could be monetized.
Business details
Business model
Sponsorships, ticket sales, grants, membership subscriptions
Customers
1500 (Black women and men tech founders, black women and men tech workers, VCs)
Competition
Afrotech
Operational details
Technology stack
Wordpress, custom built website, Square, Mailchimp, Google
Marketing spend
20,000 (Instagram, LinkedIn, Email)
Performance tracking tools
Google Analytics, PayPal, Other
Financial details
Ownership structure
33% ownership split between 3 founders
Last month's revenue
On request
Last month's profit
On request
Financial records
Annual P&L summary reports, Online reporting software/tools
Metrics
TTM revenue
$ 1.2 M
TTM net profit
$ 480 K
Based in
AMER
Team members
11-15
Acquisition type
Minority
Desired valuation
Open to offers
Message Owner
621286bca7b3f50004d9f94f
Message Broker
621286bca7b3f50004d9f94f