Hi Per!
Last month, one of my products got acquired and sold. You might remember the product since this was the one that Mama Marissa and you invested in years ago. Thanks to both of your trust and support, I was able to successfully develop and eventually sell it. I deeply appreciate your belief in me at that time.
Although the acquisition process is still ongoing (the whole process takes between 3 months to a year), this has freed up my time, allowing me to start a new venture.
I’ve put together a team to develop one of my new ideas: an AI website builder with a fully visual editor.
I would like to invite you to join this exciting new venture as an equity partner in a groundbreaking AI technology company. You can choose between a 10% stake, which includes an optional seat on the Advisory Board, or a 20% stake, which also comes with an optional seat on the Board of Directors. Given how I’ve seen you work and the quality of your network, I’m offering you the option of a seat on the Board of Directors even if you invest only 10%.
Our AI-powered website builder is a cutting-edge tool designed to make website creation as easy as possible. You can watch the demo video below, which showcases the AI creating a fully functional website from provided instructions and details in under five minutes.
This tool has the potential to revolutionize website creation in the Philippines, and I believe it presents a fantastic opportunity for growth and success.
The team has done a fantastic job with the initial test version. I plan to accelerate development starting next week, which is why I’m seeking additional funding in exchange for equity.
Having a business now will be beneficial for the kids when they grow up because of the potential earnings. This venture not only offers long-term financial opportunities but also sets up a prosperous future for our family.
Please watch the full demo video first, and then read the proposal. I am excited about this venture and would be thrilled to have you on board as a partner.
3-Minute AI Website Builder: The AI will do everything – all we have to do is provide instructions and details, and the AI will create a fully functional website in as fast as three minutes.
Fully Visual Editor: Enjoy an intuitive drag-and-drop interface that requires no coding skills.
E-commerce Capability: Effortlessly sell physical and digital products with integrated e-commerce features.
Membership Pages: Create and manage membership pages, ideal for subscription-based services.
Setup Fee + Subscription: Users pay a one-time setup fee and a monthly or yearly subscription to access the platform and its features.
SaaS Subscription: Users sign up, build their own site with the help of AI, and pay a subscription for using the software.
Small to Medium Business Owners: Ideal for those who need a website within 24 hours and want a user-friendly, editable site.
Frontend and Backend Development: PHP 2,000,000
AI Integration: PHP 1,000,000
E-commerce Integration: PHP 1,500,000
Membership Functionality: PHP 700,000
Total Development Cost: PHP 5,200,000
Hosting and Cloud Services: PHP 100,000
Software and Licensing: PHP 200,000
Maintenance and Support: PHP 200,000
Security and Compliance: PHP 100,000
Total Yearly Maintenance and Other Expenses: PHP 600,000
Marketing and Promotion: PHP 800,000
Sales: PHP 400,000
Customer Support: PHP 400,000
Infrastructure: PHP 100,000
Total Annual Operational Expenses: PHP 1,700,000
Total First-Year Cost: PHP 7,500,000
To bring this project to fruition, I am inviting you to become an equity partner in the business. This is not just an investment opportunity; it is a chance to own a stake in a groundbreaking AI technology company and share in its success.
Your trust and satisfaction are our top priorities. That’s why we are offering a Risk Reversal Guarantee to give you peace of mind with your investment.
Here’s how it works: After we complete the MVP (Minimum Viable Product) and before the official launch, you will have the chance to review the product. If for any reason you are not completely satisfied, you can choose to withdraw your investment. We will return your full investment, plus an additional 10% interest as a token of our gratitude for your early support.
This guarantee ensures that your investment is protected and that you can confidently support our vision without any risk. We value your trust and are committed to delivering a product that meets your expectations.
PHP 500,000 (July 22, 2024)
PHP 250,000 (August 19, 2024)
PHP 500,000 (July 22, 2024)
PHP 250,000 (August 19, 2024)
PHP 250,000 (September 16, 2024)
PHP 500,000 to be collected 2 weeks before the estimated MVP launch (December 21, 2024)
Phase 1: Planning and Research (2-4 Weeks)
Market research, requirement gathering, project planning, and team assembly.
Phase 2: Design and Prototyping (4-6 Weeks)
Wireframing, prototyping, and UI/UX design.
Phase 3: MVP Development (8-12 Weeks)
Frontend and backend development, integration, and testing.
Phase 4: Pre-Launch Preparations (2-4 Weeks)
Beta testing, marketing, and sales preparation.
Phase 5: MVP Launch (1 Week)
Official launch and user feedback monitoring.
Phase 6: Post-Launch Support and Iteration (Ongoing)
Continuous improvement and minor feature updates.
Phase 7: Development of Additional Features (12-16 Weeks)
Membership and e-commerce features development and integration.
Total Project Timeline:
MVP Launch: 6-8 months
Full Feature Set: 11-12 months
To join this exciting venture and become an equity partner, please follow these steps:
Reach out to me directly to express your interest and discuss any questions or concerns you may have.
Review the Equity Partnership Agreement, which has been prepared, and sign it to confirm your commitment.
Complete the investment according to the agreed schedule and officially become an equity partner with a guaranteed seat on either the Advisory Board or the Board of Directors, depending on your investment level.
"I am incredibly excited about this new venture and believe it has immense potential. Your partnership will not only support the development of this innovative product but also allow you to be part of a promising AI technology company from the ground up. I am confident that with your support, we can achieve great success together. Thank you for considering this opportunity. I look forward to discussing it further and answering any questions you may have."
Ricz Sabido
Our AI website builder significantly reduces the time and effort required to create a fully functional website. With our 3-minute build time and true drag-and-drop interface, users can quickly create professional websites without needing any coding skills. Additionally, our integration of e-commerce and membership functionalities will set us apart from many competitors
There are major competitors like Wix, 10Web, and others, but they do not offer the true drag-and-drop functionality that we are planning with our AI website builder. You’ll get to see why when the MVP is about to launch. I’m sure you’ll be amazed too.
The funds will be allocated to various aspects of the project, including frontend and backend development, AI integration, drag and drop functionality, marketing and promotion, sales, customer support, and ongoing maintenance.
As with any startup, there are risks associated with market acceptance, competition, and operational challenges. However, our comprehensive risk reversal guarantee mitigates initial investment risk. We have also thoroughly researched the market and developed a solid business plan to address potential challenges.
Your level of involvement can vary based on your preference. While we welcome and value your input and guidance, there is no mandatory requirement for active involvement beyond attending advisory board or board of directors meetings. Your primary role will be to provide strategic advice and support the growth of the business.
Our revenue model, which includes a setup fee plus subscription, provides a steady stream of income. This model not only ensures immediate revenue upon signing up new customers but also generates ongoing monthly or yearly revenue from subscriptions, contributing to sustainable growth.
As an equity partner, you will receive regular updates on the project’s progress, financial performance, and key milestones. Additionally, you will have the opportunity to provide input and guidance through your role on the advisory board or board of directors, depending on your investment level.
Ricz Sabido © All Rights Reserved 2024