(b) Chattodo - Whatsapp on Steroids from India.
At modest estimates, we envision 10,000 buyers for our study table in the next 3 years and 1 million users for our chat app in one year, without any need for investor's money.
Leave this page already if you don't have enough wealth to make bets worth $500,000 on 2 rare gems without spreadsheets, to own your early share .
Organic growth without investor's investment
I don't want money for my startups. I need money to sustain, I, Steve, YT team and legal team. This is all it will take my rarest innovation ground, upon which such innovation can continue to take place, to keep alive, an India-empowering dream. Our not for profit drives our intellectual identity too. It is for this reason we will have a portfolio of startups without being a fund.
So far, so much has been done by us without any investment raises. How? I replaced money with inspiration for one and all. Our leadership replaces MONEY with INSPIRATION. Startups can also be built by organic ability to make money rather than investor's money. This is the kind of startup that we inspire our startups to become, rather than investor chasing rat race.
Path break for investors
"Dear former volunteers at Preseed, my friends and my relatives,
Some of you have now become a fund or fund syndicate. Now, a path-breaking move in your career can occur through handshake I am offering you/your fund/ or your syndicate.
You are a bunch of very talented human beings that can mobilise money. I don't want to know more. Just knowing that much about you is enough for me. I don't have the time for the rest anyway.
I and our CTO from Russia are very busy in replacing bytes with Knytes in common computing discussions. Such is the leap we are to make. The whole world will be impacted by our fundamental meta language of everything in the digital age.
It's important for a fund or fund syndicate looking for a path-breaking possibility to understand in the first place the very need of the path breaker for any fund to live the rare VC dream of a 100x multiplier. Full fill it now, through a handshake with us.
Your fund or fund syndicate can be the most path breaking one in India because of Preseed's fundamental works in Semantic Web.
What will we take to build this?
Financial support of my anyone to enable me and my CTO to continue to run our leadership for 5 more years. Such a timeframe is what it will take us to deliver commercial possibilities out of our research in Knowledge Engineering v/s Information engineering. Such a time frame is the usual timeframe that it takes to deliver the result of being on the cutting edge of technology as Preseed is on. These are matters of decades of R&D.
Tech companies, make a note :
Even Mukesh Ambani's Jio may like to have our R&D. For, Anil Ambani, this could be a possibility far beyond what he may have thought of during the Zapak days of his failed internet endeavors. Any tech company, if given a chance, will benefit from such deep tech research as ours. Dig our homepage for The Metalanguage to know more.
Our R&D is once in a lifetime kind of a matter, comparable to tech revolutions of the personal computing revolution ushered in by Apple and Microsoft.
Collateral Security to the investor
$2.5 million, by Berkus method of valuation per project mentioned below. Follow this link to know why.
If you are investing in us you already feel there is a
potential of billions of dollars in value creation. $2.5 million today is less than
1/1000th
of our value creation potential, for the team of Nishhal and Steve are the rarest you will find.
Collateral Security?
For this this money/support from anyone to sustain two geniuses, Nishchal and Steve, with their beautiful abstractions, what security or collateral can we give? It can be seen on our homepage that our organically growing business MEL, is the only tangible asset we have with existing revenues and order pipelines. We may pledge all our stakes in MEL as security against investment for Nishchal and Steve's R&D, to anyone who supports geniunely and financially, until we return his money with a suitable multiplier in 5 years. It is at this point MEL stakes be returned to us as is. At the end of the first year itslef, the sponsorer or supporter or investor, has the choice to stop the support in case Math Ed Labs (MEL) is not growing. Why should MEL be considered? For it is our most straightforward vision for a business with real revenues. It won't take long for anyone to imagine how this business of ours can be used to return any money invested in Preseed's R&D demands for strengthening India technologically. This is friends and family round to me of 200,000 dollars at first. This is why you are finding a very personal undertone in these drafts.
"Can my uncle, who we feel can give 1-year of support be willing to lose this amount after having read my sheer audacious agency, to give me a chance; for me to prove that such abstractions manifest too and this time, from India? This is the question one needs to ask him. I promise after this I wouldn't need another round of funding. 200000 dollars per year is all the cost I need for Preseed to trade in billions of dollars in 5 years one day through planting seeds on the ground I have created. The next funding will be a billion dollars, creafing the N0 fund by a large tech company of the world for commercial application of the Metalanguage. Expected in 5 years.
We know there are a lot of Sunny Kesarwani's out there, just like, we are all
arethe
same, but only in our absolute silence. The moment we start surfacing after
our
long silence, as individuals, we realize there is just one Sunny Kesarwani,
who
decided to say no to all opportunities where traction and team were a far
easier
find. I decided to chase a chat app instead, in spite of the world of
potential
colleagues that thought this won't work, because the world doesn't need
another
chat app. Let's understand that one of us out of millions of us can be
allowed
to break the rule of getting to an investor before traction, because he is
building a product that cannot come out as a MVP. Give me a minimum of
$200,000
absolutely
now and let me have my team full time. In three months we will build the
most
beautiful chat app in the world. Then give us the rest of money to launch it
to
the world.
There is no criteria for minimum value we may agree to, for, to have a good
man
as an investor, a man whose vibe I like, we may be willing to lower the
monetary
value of Chattodo".
- Nishchal, 2024
In the short term, for CHattodo ad Math Ed Labs:
1. 1 year - The next round of investment our value, and hence your
investment’s
value, will be doubled with just 1000 active users for our chatapp.
2. We can bring back to life the dying billion dollar products like
Evernote,
wunderlist (microsoft), alive if they acquire us.
3. We have our eyes set on exploring a multi-million dollar part buy-out by
Angelist.
Exit in the long-term for the investor - Whats App was acquired for $20
billion
in 6 years. This will be too. By who? Facebook. Why? Facebook wants to be
number
1 in work collaboration space too, which we will win.
Who doesn’t want to own an effective communication tool? Microsoft, Google,
LInkedIn to Indian - Airtel, Directi, zoho?
However, we desire to go the IPO way
If continued rate of growth for Math Ed Labs as is expressed on its decck, event its value will be doubled.
This means, Both products have a chance to be wirth $ 5 Million each in 1 year from $2.5 milion today.
Nishchal's vision for our children, in the above video, and, the above tweet can only be truly undestood after researching him. So, you may totally skip the above video for now, if you wish.
Turn any chat into a delegated todo with just a touch.
A productivity app for mobiles clothed as a chat app. It makes communication more actionable and accountable.This is where we start. One day this start will deliver to the world, a social network of TRUTH.
chattodo.preseed.in
Do read the description of this video in YouTube.
We have developed the prototype in 2017, and the launch version of the app in 2024. Why? Like
we said above - just imagine, would you have used a chatting app in 2017 which looked and feels
like is soliving the problem that is solved through Whatsapp, Slack, Snapchatb, FB messenger, Notes, Reminders, Trello, Linkedin collectively solved?
We wlikely wouldn't have. We sensed that the problem to solve which a social network must be created in India will be the problem that the data of its own people is not with India, but with America and China. So for us to make the
presence of our app felt, we must move in to tap the need arrising out of this problem, and be ready to actually build
a finger licking beautiful product designed to make you more productive. To launch it with this optimism that it will eat up
some of the market share of communication away from Whatsapp, Telegram, Discord, Slack, Notes etc. in India, we have struck a deal with an influential person in India's centre, already.
This implies that your time must go into the broad understanding of the
market, vision, product, and team camaraderie first; then the questions about a world class development of the app to beat the best in the world at Social Networking, then the
launch of the app, and then following of metrics and somewhere along the way, dabbling
in projections will happen. But first, we must continue to grow organically as we have been growing, without raising any investment.
No traction yet for the main mobile app.
Because this product is about a chatapp. Chatting apps cannot be made and launched as
half a baked MVP for the world
We needed so much time, to integrate the team in a mission oriented way by making them realise, the problem of noise of 2 decades since the beginning of Social Internet can be addressed by our Social Network at sometime within these two decades from 2009-2029.
Now, the team continues to build a
great product with some confidence in the captain, that is, I, that I will take care of
their long term wealth creation so long as they are aligned with my Social Networking mission. Not everyone required in this team will have the same appetite
for risk as I take.
Traction we have achieved so far: None. So far we were not chasing traction. We were
fighting personal odds and chasing a vision & design that required years of sacrifices
away from the norms of chasing traction common to apps with lesser time to chase vision,
because they are too busy chasing the incremental changes in the status quo.
Peter Thiel became a billionaire by investing half a million dollars in Facebook
before
anyone else. Today he runs a fund which has invested in some of the world’s best startups.
Chattodo has a similar potential. You can be an investor in it by investing a half of what
Peter
Thiel did. This is a matter of a new kind of a social network.
Only that we don't need your moeny for this more than the Semantic Web research we are doing. Chattodo, we will build like Gurati Lala, with the corporates and large organisations in India as our paying clients.
The following are the points to give you some sense of how Chattodo is operated or its modus operandi :
:
1. We run a remotely distributed team spread in America and India. This is a self motivated team, Chattodo Founder, Nishchal, has led across an organically growing relationship of 7 years now.
2. Promotion of our app towards a strong proof of concept or market is to be done within power centre's of India due to the business development deal we have cracked with an well extremely network man sitting in power.
validation.
3. UI improvements such that the app becomes self-explanatory we have been doing with are design volunteers successfully for 7 years now. Downloacd the app and see for yourself.
4. Social media feed system development on our app. (It already works
on
the
current version but not to a point yet, that it can break the compulsive
feed
need habit of Facebook/LinkedIn etc. for productive people, however in 4
months
we will be able to achieve this for our active users).
5. iOS will be done to near perfection this year itself. Then we will
be
ready
for growth.
6. Investment from aligned investors with a track record in tech services
,
such that, he is not only our investor, but also the project manager for Chattodo.
7. Only a matter of time, that this team Nishchal has assembled and replaced money with inspiration to create big outcomes, without your investment required for it.
(We have been able to hire by inspiring so far. If we have some of your money to opeerate at will, towards any need of ours I can
inspire
and manage the best talent in the world to join me. I can do this job
better
than any other job to run a team to give India its own novel social network.
8. Equity transfers - 20% to tech team, 5% to design team , 10% to our
incubator, www.Preseed.in and 10% to the marketing, sales, tech and project management team in Lucknow and rest with Nishchal and Investor.
, 5% further will be distributed to the advisory team.
"Once this is done my first step of marketing will be to go and pitch it to
the
best companies in Silicon Valley. We will start from the YC backed companies, by stating the educational moonshot about our idea, for Children of Ideas,
Preseeded.preseed.in is being
planned
and built for the future more than the present status quo.
Reading it will keep your awareness about us, all the way, to the future. We
will soo pitch Chattodo to employees of companies like Twitter, Google etc.
For this I will be speaking directly with two of my good friends - YC
Almunus,
Sachin, who had also serveed as a Product manager Twitter and my former CTO, Parag, whose startup was acquired by Paytm. When that time
comes.
That is our core focused global marketing which I will do myself in Schools and Startups. Through them I
will
try to get it into the hands of the employees of those companies. I will
focus
on that. That is the kind of start I want from my own marketing time spent.
So I build the product and pitch it to employees of top companies. That will
be
the highest use case of Chattodo I want to focus on that. And just that. It
entails, building a great product, and then talking to great people about
it.
Also writing to best media blogs in the world about its metrics, when I have them. I want the start of
my
personal marketing effort to happen from there.
I will stick to what I am good at, writing, I will write a thorough article
about productivity and the future of roofless offices and distributed teams.
All
the way to how ideas can be built without capital and with Chattodo and some
faith
in one another. This article would have the potential to be read by 1000s of
impactful early stage entrepreneurs". - Nishchal, 2018
India gave birth to Math. The academic system made it a subject students dread. We are looking to make math fun, so some of us can revisit astrology as mathematicians, the way our rishis did.
math.preseed.inOur revenue generating startup, in Math Education
Do read the description of this Youtube playlist in YouTube.
$2.5 million, by Berkus method of valuation is the way you should value this validated startup of our in the market. Reach Nishchal for its Slide Deck.
Copyright © 2016 Preseed Ventures Pvt. Ltd | All Rights Reserved
Meet our, CEO & CTO, to co-work with. This team, will be the most important reason you will invest in us if you do. The time you will spend with us chasing our whim will change your life, fundamentally, forever.