Loading...
Answers
MenuAn app/website for concert fans to have easier access to face value tickets. I have wanted to know if this could be created as a non-profit?
The app / website would be able to match like minded people with extra tix or needing extra tix to exchange those tickets at face value... Other aspects to this of course but not much room to offer details.
Answers
You would have to apply for non profit status, which means you would have to incorporate as one of the 29 different 501c classifications. Since I don't know of the details of your business model I would not be able to say for certain, but it is contingent on your company fitting the description of one of those 29 classifications.
I imagine it would be rather hard to get traction with this.
Yes, this can be structured as a Non-profit for promoting the arts. You will need to build this carefully and be true to the meaning of being a "non profit". No scalping of tickets etc.
I have a Masters in Non Profit Management and have created and run numerous non-profits.
I'd be happy to walk you through the process of setting it up and watching out for pitfalls. Including filling the necessary paperwork, raising money and creating a board of directors.
Hey there,
we actually covered a startup called Shareaseat that should do exactly that.
Scroll to the bottom of this article to see it
http://www.eventmanagerblog.com/hottest-event-startups-this-summer
Get in touch if you have any questions.
Not-for-profit organizations are types of organizations that do not earn profits for its owners. In a non-profit organization, income is not distributed to the group's members, directors, or officers. Some well-known non-profit organizations include the American Red Cross, United Way, and the Salvation Army. Almost anyone can start a not-for-profit and apply for tax-exempt status, but most not-for-profit organizations will not qualify for 501 status. 501c3 is only for charitable organizations. But not-for-profits can be organizations like social clubs that exist to serve their members. If desired, the not-for-profit can also opt to incorporate. Once registered and running, the organization must maintain compliance with the appropriate state agency regulating charitable organizations.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
Related Questions
-
If I am planning to launch a mobile app, do I need to register as a company before the launch?
I developed and published mobile apps as an individual for several years, and only formed a corporation later as things grew and it made sense. As far as Apple's App Store and Google Play are concerned, you can register as an individual developer without having a corporation. I'd be happy to help further over a call if you have any additional questions. Best of luck with your mobile app!AM
-
Whats are some ways to beta test an iOS app?
Apple will allow a developer to register 100 UDID devices per 12 month cycle to test via TestFlight or HockeyApp. Having started with TestFlight, I would really encourage you NOT to use it, and go directly to HockeyApp. HockeyApp is a much better product. There is also enterprise distribution which allows you far more UDID's but whether you qualify for enterprise distribution is difficult to say. As part of your testing, I'd encourage to explicitly ask your testers to only register one device. One of the things we experienced was some testers registering 3 devices but only used one, essentially wasting those UDID's where we could have given to other testers. Who you invite to be a tester should be selective as well. I think you should have no more than 10 non-user users. These people should be people who have either built successful mobile apps or who are just such huge consumers of similar mobile apps to what you're building, that they can give you great product feedback even though they aren't your user. Specifically, they can help point out non obvious UI problems and better ways to implement particular features. The rest of your users should be highly qualified as actually wanting what you're building. If they can't articulate why they should be the first to use what you're building, they are likely the wrong tester. The more you can do to make them "beg" to be a tester, the higher the sign that the feedback you're getting from them can be considered "high-signal." In a limited beta test, you're really looking to understand the biggest UX pain-points. For example, are people not registering and providing you the additional permissions you are requiring? Are they not completing an action that could trigger virality? How far are they getting in their first user session? How much time are they spending per user session? Obviously, you'll be doing your fair share of bug squashing, but the core of it is around improving the core flows to minimize friction as much as possible. Lastly, keep in mind that even with highly motivated users, their attention spans and patience for early builds is limited, so make sure that each of your builds really make significant improvements. Happy to talk through any of this and more about mobile app testing.TW
-
iOS App: Beta vs Launch Quietly?
I would suggest launching in a foreign app store only (ex: Canada). That will allow you to get more organic users to continue iterating without a big push. I got this idea from Matt Brezina (Founder of Sincerely, previously Xobni) https://clarity.fm/brezina - he's the man when it comes to testing & iterating mobile apps.DM
-
Where can I find programmers willing to join a growing mobile start up for equity only?
You won't find anyone worth adding to your team willing to work for equity only, no matter how compelling your product and business is. The realities of the talent market for mobile developers anywhere is such that a developer would be foolish to work only for equity unless they are a cofounder and have double digit equity. Happy to talk about hiring and alternatives to full-time hires.TW
-
Pre-seed / seed funding for a community app... valuation and how much to take from investors?
To answer your questions: 1) Mobile companies at your stage usually raise angel funding at a valuation equivalent of $5,000,000 for US based companies and $4,000,000 to $4,500,000 for Canadian companies. 2) The valuation is a function of how much you raise against that valuation. For instance, selling $50,000 at $5,000,000 means you are selling debt that will convert into shares equal to roughly 1% of your company. 3) I would encourage you to check out my other answers that I've recently written that talk in detail about what to raise and when to raise. Given that you've now launched and your launch is "quiet", most seed investors are going to want to see substantial traction before investing. It's best for you to raise this money on a convertible note instead of actually selling equity, especially if you are intending on raising $50,000 - $100,000. Happy to schedule a call with you to provide more specifics and encourage you to read through the answers I've provided re fundraising advice to early-stage companies as well.TW
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.