EX1A-13 TST WTRS 9 f1a2018a1ex13-2_collective.htm TESTING THE WATERS MATERIALS

Exhibit 13.2

 

Meet Collective Wisdom Technologies!

 

C.W.T. will offer technology-enabled solutions that leverage the ‘wisdom of the crowd’ starting with what we believe will be an effective new way to evaluate seed-stage companies. Our approach will rely on the collective opinion of a group of qualified individuals, rather than that of a single expert.

 

#

 

Most venture capital firms use small, homogenous investment committees to allocate funds. This sense of sameness often leads to a herd mentality, so VCs tend to move together in the same direction rather than looking at their independent analyses of a startup’s fundamentals. Maybe that’s why only about one in ten investments actually lead to successful exits and the average internal rate of return is an uninspiring eleven percent.

 

We believe we can do better!

 

What if a wide array of people, including professionals and accredited investors, brought their unique backgrounds and perspectives into one voting system to evaluate and rate startups? What if, instead of a monolithic herd, we brought together a broad, varied crowd? How could that benefit startup teams and seed funders alike?

 

One clue is the success of crowdfunding platform SeedInvest, which reports an I.R.R. that’s one-and-a-half times as high as that of conventional venture capital investment committees.

 

But why stop there? At C.W.T., we could achieve even better returns by using a proprietary voting process. Then we would provide founders with access to a library of development tools and introduce them to a community that supports them through their challenges.

 

#

 

The first of those challenges is raising capital. Startups face long funding cycles -- if they can get funded at all.

 

This situation is just as bad for investors, who have limited access to the top funds and often poor-quality deal flow. Another grumble investors have expressed to us is that they would like more input into investing decisions. Even if they do get to have their say, though, investors we’ve spoken with are even more irritated by the high fees charged by V.C. firms.

 

#

 

Which brings us to Collective Wisdom Technologies, the platform that will connect investors as an informed crowd – one that is uniquely suited to making complex decisions with greater speed, efficiency and expertise than possible using legacy funding models.

 

 

 

 

Applicants will go through a five-stage process to introduce them to investors, cultivate the promising, and fund the very best.

 

·Step One: A startup founder will submit an application, which is then thoroughly vetted for completeness.
   
·Step Two: The founder then becomes a candidate in a semi-monthly voting process that involves an array of highly informed mentors and service providers, as well as funders.
   
·Step Three: In the first of two voting rounds in a cycle, the Top Ten contenders will be awarded ten thousand dollars each and given one week with mentors to revise their materials.
   
·Step Four: In the second voting round, the Top Ten will be narrowed down to the Top Three on a live Deadline Day show that reviews the candidates. Voters can opt-in to act as mentors, be service providers, or join an investor pool, which is ordered by the time they voted, numbers of shares they hold, and how much they would like to invest.
   
·Step Five: Assuming we raise at least ten million dollars, the Top Three will get funded by C.W.T. and the accredited investors that opt-in to co-invest with us in the startup. A key feature of C.W.T. is that, when shareholders invest in the startups, they will not be hit with a two percent management fee, twenty percent carried interest, or capital calls. This means higher bottom-line returns. Also, each of the chosen startups will be awarded at least two hundred fifty-thousand dollars in funding – a proposition unique to C.W.T. that’s bound to generate buzz among the maker community.

 

#

 

To learn more about Collective Wisdom Technologies and how you can add your insights to the wisdom of the crowd, contact us at info@collectivewt.com

 

Thanks for your interest in Collective Wisdom Technologies. Let’s find that next unicorn -- together!

 

 

 

 

THE FOLLOWING PARAGRAPHS DISPLAY ON THE SCREEN WITHOUT NARRATION:

 

THIS VIDEO MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

  

THE COMPANY IS “TESTING THE WATERS” UNDER REGULATION A UNDER THE SECURITIES ACT OF 1933. THIS PROCESS ALLOWS COMPANIES TO DETERMINE WHETHER THERE MAY BE INTEREST IN AN EVENTUAL OFFERING OF ITS SECURITIES. THE COMPANY IS NOT UNDER ANY OBLIGATION TO MAKE AN OFFERING UNDER REGULATION A. IT MAY CHOOSE TO MAKE AN OFFERING TO SOME, BUT NOT ALL, OF THE PEOPLE WHO INDICATE AN INTEREST IN INVESTING, AND THAT OFFERING MIGHT NOT BE MADE UNDER REGULATION A. IF THE COMPANY DOES GO AHEAD WITH AN OFFERING, IT WILL ONLY BE ABLE TO MAKE SALES AFTER IT HAS FILED AN OFFERING STATEMENT WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC) AND THE SEC HAS “QUALIFIED” THE OFFERING STATEMENT. THE INFORMATION IN THAT OFFERING STATEMENT WILL BE MORE COMPLETE THAN THE INFORMATION THE COMPANY IS PROVIDING NOW, AND COULD DIFFER IN IMPORTANT WAYS. YOU MUST READ THE DOCUMENTS FILED WITH THE SEC BEFORE INVESTING.

 

NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED.

 

NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.

 

AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.

 

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. YOU MAY OBTAIN A COPY OF THE PRELIMINARY OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM

 

 

 

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001741298&owner=exclude&count=40&hidefilings=0

 

 

 

#30#