Most of us can’t imagine a world without famed internet companies like Facebook, Uber or Google. Of course there was a time, not so very long ago, before these megawatt enterprises came to transform how we communicate, how we seek information, and how we get from one place to another. It’s almost unthinkable that these companies, whose worth now hovers in the neighborhood of hundreds of billions of dollars, were all humble startups. Some began in beer can littered dorm rooms while others got their start in suburban garages. Before they burst into the stratosphere, Twitter, LinkedIn, and other successful start-ups were simply innovative ideas searching for early investors to help them grow. As Doodeo begins its journey toward success, it too requires visionary investors that will help secure the artist driven community to its place in the pantheon of celebrated online platforms.
Simply put, Doodeo is a social media platform where entertainers can share their talents and find gigs. Additionally, people seeking those talents can easily discover the artists they’re looking for. Described as the “LinkedIn for Entertainers,” the platform hopes to become the premier meeting place for performers and their supporters. For those interested in investing in this innovative startup with a truly amazing potential for growth, it’s extremely important to act while the company is in its initial stages. In other words, the early bird gets the worm.
Being an “Early Investor” simply means that investors will be taking swift advantage of an opportunity with a fast-growing startup that has a chance at real profitability. As an example, back in 1997, Google was a humble startup that began with a fairly modest $1 million collected from early investors. By 2004, Google’s worth was estimated to be around $1.2 billion, translating to a return of nearly 1,700% for those initial investors. It’s clear that, in some cases, becoming an early investor in a startup with potential can more than pay-off. In fact, there are many instances of investors taking risks that became a success. While taking these gambles, early investors also helped to create some of the most well-known internet companies to date. Let’s have a look:
As anyone who’s seen The Social Network knows, the early days of Facebook were not without their share of drama and subterfuge. Fortunately, the tumultuous story of Facebook’s beginnings are more of an exception than a rule. It’s in cases like these, however, that you see benefits outweighing risks. Imagine that you were able to invest, say, $1000 at 0.02% ownership of the company in 2004. That would mean that your initial investment would be worth around $166 million today. This is a prime example of a relatively small investment transforming itself into an undeniable success. Drama or no drama.
Back in 2003, LinkedIn was seen as a complete revelation. Taking its cues from Facebook, the new social networking platform aimed to connect business professionals with potential employers and colleagues. In much the same way, Doodeo’s goal is to provide a professional networking model for entertainers. The forward-thinking investors in LinkedIn saw the early potential in such a necessary and useful platform for working people. The company was such an innovation that its early investors were rewarded with an 85% increase in their $45 IPO price per share on LinkedIn’s very first day of trading.
The mother of all ride sharing apps changed the way we get from point A to B. It also proved to be extremely profitable for its early investors. In Uber’s first round of fundraising, early investor Mike Walsh put in $10,000 of the money he had gained from other sound investments. That sum is worth tens of thousands more today. Walsh was one of just a handful of backers that helped raise $1.25 million for UberCab (as the company was known back in 2010.) The company was even able to attract hip-hop artist Jay-Z Carter to participate in subsequent rounds of early fundraising. No more than a decade later, Uber began trading on Wall Street at a valuation of almost $80 billion. This is just another case of early participation in an innovative startup leading to a fortuitous return.
Doodeo’s team is hopeful that it will join the ranks of those trailblazing startups that came before it. While providing countless opportunities for entertainers, the company could presumably deliver a return for its early investors in a fairly short period of time. The best part of all is that investors can put up as little as $150!
At its core, Doodeo is a platform that is entirely devoted to supporting entertainers and helping them promote themselves in an ever changing online landscape. Early investors in the company can not only hope for personal financial gain, they can be proud of the fact that they are supporting artists and helping them achieve success. The future looks bright for Doodeo, and this is a golden opportunity for smart investors to be part of a company that offers a bargain for investment while championing the careers of artists and entertainers.