In addition, the expansion and improvement of our systems and infrastructure may require us to commit substantial financial, operational and technical resources, with no assurance that our business will improve. The timer is designed to encourage contact, and some people really do appreciate that feature. She says her streams are focused around motivational talks, exploring Los Angeles and connecting with her audience. I had a friend of mine, Mario, who new the hiring manager of the job I eventually got. Recruiting and retaining highly qualified personnel is critical to our success. With the success of gamification, Ponder is adding a new element to incentivize matchmaking — monetary incentives. Although currently Bitcoins are not regulated or are lightly regulated in most countries, including the United States, one or more countries may take regulatory actions in the future that severely restricts the right to acquire, own, hold, sell or use Bitcoins or to exchange Bitcoins for fiat currency.
In addition, compliance with tougher privacy and information security laws and standards may result in significant expense due to increased investment in technology and the development of new operational processes. Still, Ponder wants to give its matchmakers the satisfaction of a well-made pairing. Manshu Agarwal: I think the reason would be we haven't engaged the referrers sufficiently such that the lifetime over which they stick around is great enough to be able to overcome the cost of acquiring them. Let me demystify the app for you: I've seen most of the profiles I come across on The League on other dating apps. In addition, Ponder incentivizes those referrals by paying users for successful matches. This is a great opportunity to be able to present Ponder on a much larger stage. You can only cash out once you've made 10 matches for others.
Our personals are a free and easy way to find other Ponder singles looking for fun, love, or friendship. As we expand our business, protecting our intellectual property will become increasingly important. Over 20 years of experience in dating and internet brands. People are constantly seeking referrals for jobs or services from knowledgeable friends. Ponder, an app-based social network founded by William LeGate and Tyler Mateen, wanted to break from the frequently used practice of ranking content using algorithms or recommendations from widely-followed users. Each Purchaser in this Offering will be required to represent that it is purchasing the Securities for its own account, for investment purposes and not with a view to resale or distribution thereof.
If you're newly single, chronically single me , or just looking to see what's out there, here are some 2019 dating app mantras to help you feel good about putting yourself out there. Manshu Agarwal: Ultimately, what we want to become is a new type of social network where instead of being passive consumer of content on most social networks, here, you're actively helping others and you're being helped yourself. Manshu said he and the Ponder team try to find unique ways to help people find love every day. He is passionate about making long-lasting change in the world through technology. I realize that you have to do one thing. Tim Draper: How much did they pay to get matched up? Unlike traditional matching applications, Ponder gets trusted friends and contacts to play matchmaker, using game mechanics and financial rewards as motivators. If we raise additional funds by issuing additional debt securities, such debt instruments may provide for rights, preferences or privileges senior to the Securities.
We face intense competition for personnel. Investors should verify any issuer information they consider important before making an investment. There can be no assurance that these agreements will adequately protect our trade secrets and other proprietary rights and will not be breached, that we will have adequate remedies for any breach, that others will not independently develop substantially equivalent proprietary information or that third parties will not otherwise gain access to our trade secrets or other proprietary rights. Any such access, disclosure or other loss of information could result in legal claims or proceedings, liability under laws that protect the privacy of personal information, and regulatory penalties, disrupt our operations and the services we provide to customers, and damage our reputation, and cause a loss of confidence in our products and services, which could adversely affect our operating margins, revenues and competitive position. These third parties may become unable to or refuse to continue to provide these services, goods, technology, or intellectual property rights on commercially reasonable terms consistent with our business practices, or otherwise discontinue a service important for us to continue to operate our applications. Tim Draper: I'm pondering a referral to another sphere. It made me recognize the power of referrals.
He initially developed it after hearing from friends that most dating apps did everything but bring people together. Significant judgment is required in determining our provision for income taxes and other tax liabilities. Furthermore, no social media sites have pushed to make dating referrals a part of their platform. . However, many would-be matchmakers may need more than warm feelings to spend time pairing up their acquaintances. While the Ponder app provided that for daters, Manshu saw a similar need in other sectors.
If the Company is found to infringe one or more patents or other intellectual property rights, regardless of whether it can develop non-infringing technology, it may be required to pay substantial damages or royalties to a third-party, or it may be subject to a temporary or permanent injunction prohibiting the Company from marketing or selling certain products. If adequate funds are not available, we may have to delay, scale back, or eliminate some of our operations or our research development and commercialization activities. Clover says it has nearly 6 million users, 85 percent of whom are between the ages of 18 and 30. Regardless of the scope or validity of such patents or other intellectual property rights, or the merits of any claims by potential or actual litigants, the Company may have to engage in protracted litigation. Even if these claims are without merit, defending a lawsuit takes significant time, may be expensive and may divert managementÕs attention from other business concerns. Keegan Allen on : Allen, best known as heartthrob Toby Cavanaugh on the show, offers fans an inside look at the making of the series. You'll see someone like Sarah here and underneath there are a set of prospects that you can set her up with.
Manshu Agarwal: Very much along those lines. Prospective Purchasers must therefore assess the adequacy of disclosure and the fairness of the terms of this Offering on their own or in conjunction with their personal advisors. In some circumstances, enforcement may not be available to us because an infringer has a dominant intellectual property position or for other business reasons, or countries may require compulsory licensing of our intellectual property. Past performance of a security or a company does not guarantee future results or returns. Before that, Chris was a software engineer for The Department of Motor Vehicles, where he restructured their websites to increase speed and security.