What Are We Looking For:
We have funded everything from iPhone app ideas to websites to webinars to book ideas. We are open to intelligent, innovative and interesting ideas. Most importantly, we want intelligent, innovative and intelligent people.
How to Apply:
Phase I
Please send the following to livingradical@gmail.com:
1. Your contact information: Name, Age, Email, Address, Phone Number
2. 1-2 Paragraphs about your idea.
3. The amount of your desired investment, what you would use that money for, and what you propose as ownership or repayment with us.
4. Any relevant media, images, websites, videos, demos etc. If you want to mail us something, just let us know and we will send you our address (depending on where in the world we are).
We will then look over your proposal and ideas. If we like your idea or want to start Phase II, if not we will let you know via email.
Phase II
After approving your initial idea, we will be asking for the following. We expect a decently prompt turn around and that is the reason why we have posted this for you to see before submitting for Phase I, as you might want to begin working on it ahead of time.
1. A business plan, including financial projections and marketing plan. We like them in the traditional format, you can see sample business plans here.
2. We will also give you feedback and questions you should return to us with the business plan.
3. Although many people include this in the business plan, we like to see research on demographics, competition and market size for your idea.
From here, we usually go back and forth with some questions. Then we will draw up contracts and get started!
iPhone Applications:
We also get a lot of submissions for iPhone application ideas. We love these and build them out with partners and our amazing iPhone app development team. Here is what we need from you, the process is a bit different (much shorter than our traditional venture applications).
1. Your contact information: Name, Age, Email, Address, Phone Number
2. 1-2 Paragraphs about your idea.
3. How much you would like to offer us for ownership or if you desire funding along with building of the app, what that money would be used for. Sometimes people also are willing to invest with us after we get specs for how much it will cost to develop. If you would like to invest with us, please let us know how much you are willing to invest.
4. Any relevant media, images, websites, videos, demos etc. If you want to mail us something, just let us know and we will send you our address (depending on where in the world we are).
We will then let you know if we think it is feasible and get a spec sheet from our development team on timeline and cost.
Previous Companies:
For you to get an idea of what kinds of companies and ideas we have funded, see below:
This is a parenting blog written by kids! We have funded the blog, building of the website and brand. We also grew the business from 46 visitors per month to 300,000! We also sponsor ebooks and webinars for the site. The site has been featured on CNN, the Wall Street Journal, Fox, CBS and many more media outlets for giving a new perspective on parenting.
2. Study Skills Webinar Bootcamp
This is a study skills webinar that we funded and made for teachers, tutors and students to train for better study skills.
This is an iPhone application that lets kids check-in with their parents remotely. It was reviewed by TechCrunch and the Washington Post.