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The Ledger

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Disclosure
Kaplan: Taivaco has generated under $10K in revenue to date
“We've done under 10 grand right now in revenue.”
Michael Kaplan Mar 15, 2017 ▶ 6:49 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Disclosure
Michael Kaplan personally self-funded Taivaco with around $20,000
“I put in around 20 K of my own.”
Michael Kaplan Mar 15, 2017 ▶ 7:20 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Disclosure
Kaplan: Taivaco raised under $50K from its first investor
“And then we just closed on our first, it's a very small amount. It's under 50 K with our first investor.”
Michael Kaplan Mar 15, 2017 ▶ 7:24 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Disclosure
Taivaco plans to raise a $2 million funding round mid-2017
“But really long-term plan is to do another round probably mid 17 for around two million.”
Michael Kaplan Mar 15, 2017 ▶ 7:41 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
Disclosure
Taivaco outsources most media digitization at near-zero net margin
“We'll do it at a very minimal cost. Some of it we do in house. Most of it we work with outside vendors. So it's a very minimal net for us.”
Michael Kaplan Mar 15, 2017 ▶ 11:01 EP 599: Taivaco Helps Brands FInd Old Offline Content to Digitize and Annotate With $50K Raised, CEO Michael Kaplan
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