Tilt

“What tilt means is that you've let emotion into your thought process, irrelevant emotion into your thought process. Usually it's negative. So, and by negative, I mean the negative emotion. So for instance, you lose a really big pot. So you lose a lot of money …”

“So instead of a working capital risk of, all right, let's build one factory and hope that we choose the right number. You actually get to know the right number before you start production. It's hard to overstate how valuable that is in manufacturing.”

“The number one DJ duo in the world used Tilt to bring to life an entire tour. The first time anyone had quote unquote crowdfunded a tour. And I use that term crowdfunding kind of lightly because it's, it crowdfunding can mean a hundred things, a hundred differ…”

“There's a drone company. They were a six person company. They launch, and within about 30 days, they reached ten million in orders, and then they went on to reach about thirty five million dollars of orders, so you don't have to be a large brand.”

“If you can get to about 34,000, it kind of takes on a life of its own. When you get to about five people and about 33, 34%, that community is committed. They obviously pulled out their wallets. They want this thing to exist. And now they become advocacy to get…”

“What is really interesting, what we've seen is actually heightens conversion from the conventional points of just, you're only taking in the credit card. You ask for shipping later. It's super just you, it's basically six fields instead of 18 to convert on a m…”

“We're the fastest growing app on college campuses in the US.”

“And in six hours probably met 15 companies. This was one of them. And we walked out of there actually with a couple deals, a couple interesting partnerships.”

“Our biggest demographic is 18 to 24 year olds”

“There was a draft party, I think we saw one that was like 6000 dollars to rent out an entire bar because it had the biggest, like 120 foot big screen that they wanted to use for their draft.”

“We mocked something up overnight, and sent it to Ryan. I was like, we need to do this to where Magic Johnson is hosting a crowdfunding campaign, branded ESPN for LeBron, to the, to do the dunk contest. I thought it was, ah, slam dunk. Actually, that was no pun…”

“Our platform grows pretty virally, you use it for a fantasy football league, and out of those 12 people two will split off, start their own campaign, and they'll do it for a draft party, a tailgate, a late night party, a group trip, or something like that.”

“I think the CTO was on y'all's side was telling us that it's one of the highest maybe highest uptick in a brand new feature that they've seen.”

“We do fairly well at driving traffic to our own sites at this point, so if we can do some sort of pre-order campaign using Tilt on our own website where we're hosting it not necessarily losing out on those fees to other crowdfunding platforms, I think that's p…”

“82% of tilts are successful, so that's you're very different than most crowdfunding campaigns where the majority don't reach their goal. The vast majority exceed their goal, and actually you know, if you have a successful tilt on our platform or a successful c…”

“So the background there is the founder of Reddit, who has a very adorable mascot in Snoo on that you see next to every Reddit logo. He built, he designed us a mascot, and we ended up not using it.”