FAB MONEY
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Transcript of FAB MONEY
PROBLEM: EMERGING ARTISTS NEED MORE HELP THAN EVER.With the breakdown of the traditional system, artists need to learn a ton of new skills.
opportunity: artists drive the 1.6t economy.
The global creative economy is worth
$1.6 trillionIt’s growing at6-7% per year
and has doubled in the last decade
1.7 million peopleIn the U.S. are employed in arts,design, entertainment, and media
Artists are the
#1 influencerson social media
solution: fab has built partnerships with creative communities and DEVELOPED stunning technology.
TECHNOLOGY
COMMUNITY
Who we are: fab management teamKYLE PHILLIPP
BENJAMIN RUTLEDGE
DONNA MASTROPASQUA
MARK SIMMONS
CEO
CTO
CSO
CMO
Private equity and venture capital investmentsWorked with Ambata, Gyre, and Vision Fuel
Technology management and developmentWorked with Ambata, IBM, and AREA
Brand and marketing strategistWorked with Coca-Cola, as well as
The Bill & Melinda Gates Foundation
Affinity and loyalty program developmentWorked for American Express, Citibank, and Fidelity
Who we are: fab ADVISORSSally Outlaw
Amos Pizzey
Benji rogers
Founder and CEO of peerbackers
Founder, Co-CEO and CCO of Talenthouse
President & Founder of PledgeMusic
Sally is a seasoned entrepreneur and an expert in raising funds and investment through innovative finance vehicles. Her book “Cash from the Crowd” was published in 2013.
Amos is a creative executive with a rich history spanning advertising and entertainment who embodies the intersection of the arts and brand marketing.
A musician, speaker, entrepreneur and teacher, Benji was the recipient of the A&R Worldwide "Digital
Executive of the Year" award, and in 2013 he made the Billboard 40 Under 40 Power Players list.
The plan: the fab roadmap.
CURRENTLY Q4 2015
BETA PHASE (Q1-Q4 2015)-Build management team
-Product development
-Partnerships with creative communities
-Initial fund raise
-Launch FAB Money app
-Advisory services for selected art verticals
-Financial services integration
-Further product development
-Raise second round of funding
-Test and refine product
-Launch to creative community
-Iterate product features