Download - ViM People - Financial Models & Equity
VIM PEOPLE:
FINANCIAL MODELS &
EQUITY
Local Office Budget Framework
Goal is to fund support of new branch for 1 year Hire 3 top notch crew members- all work for % with
salary guarantee
Budget $150,000 in salaries, plus benefits and taxes Suggested roles- Ops, Sales, Marketing
SUG/Vim, Inc to pay some overhead for Boulder
Allocation of cost for physical and virtual space Each branch decides need for office space and cost
allocation
Lease or agreement with Vim People, Inc
Total budget is $308,500 per year for operations
Approximately $200K for working capital and offer investment
Budget Framework
Total Investment and Capital $500K per office
Investments Min $5K max $50K
Number of investors min 10 max 100
If demand goes crazy outpaces support- might have need for additional capital
Capital for individual offers
If author and offer require upfront capital what is process?
How to allocate funds within office fairly? Make sure loudest voices or squeaky wheel get most
money
All offer expenses for revenue producing offers will be reimbursed to author prior to revenue distribution
Budget Framework
To launch Boulder office we desire$100K in
bank
Gets base people underway
Additional people invest up to full plan within 3
months
See Boulder Budget spreadsheet at
Capitalization Table
Founding Shareholder Vim, Inc- 5,000,000 founder shares
Vim People Equity Team- 4,500,000 shares
Vim Patron(investor) bonus- 500,000 shares- 1 share per dollar invested in as early stage Patron Convertible note at 6% for one year
After one year converts to equity
Limited offer, just for Boulder/Denver patrons
Founder shares sold at par $.00001/share
Each branch gets $500K based on market valuation at launch
For details see Vim People Cap Tables at
Vim People Revenue
Projections
Boulder Projections
2012- $750K
2013- $3M
Denver Projections
2012- $250K
2013- $2M
Vim People, Inc Projections
2022 $1.5B
Based on 200 offices
2032 $10B