We support companies that have an impressive product that has shown signs of finding initial market fit - that can benefit from increased visibility and credibility. In order for us to partner with a startup, we need to have a very clear vision of how they can significantly benefit from working with a celebrity.
Your specific deal may look differently but this is the basic template.
As a Starfund company you will be matched with a celebrity partner to promote your product.
Our services continue for a period that lasts 30-60 days following the signing of a deal with the celebrity. Typical deals with celebrities last 30-60 days as well but can be customized. During this time we manage the relationship and continue to support your marketing efforts.
The celebrity services you receive are priced as a reference, but you are never expected to pay cash for them. A typical deal comes with celebrity contributions that exceed $1M in value.
Both you and the celebrities must agree to work together for a deal to take place. Our deal is triggered once you close with your first celebrity.
In certain scenarios we request a revenue share option.
The celebrity will typically commit to some of the following (which may vary by your specific agreement):
In exchange for our services and the services provided by celebrities and influencers we receive the following:
Pre-series A Companies
Post Series A companies
If there is a clear market signal that values your company at above $10M (usually, a round that values it as such), we create a custom deal for you that is based on that valuation.
Celebrity compensation varies and may include equity, financial benefits and / or revenue share or other.
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These are the questions you can expect us to ask you during of after our first meeting.