Interview with CEO Drew Meagher
Bloomberg Baystate Business Hour - Interview with Mugatunes CEO, Drew Meagher (17:20)
How it works
'Explain That Gram' Interview Series
In college we spent hours discovering new music, only to return to our dorm and fight over the speaker. There had to be a better a way to share great new music. Our solution was a dropbox folder titled “No Sh*tty Music” .
The dropbox turned into a blog, and a few months later there were 14 writers from 6 colleges. We realized we weren’t alone, and began accepting applications for new ‘Tastemakers'.
Since then we've had hundreds Tastemakers curate thousands of songs on the platform.
Our mission is to build tools that empower fans to curate, discover & experience music.
The smallest investment amount that Mugatunes is accepting.
Mugatunes needs to reach their minimum funding goal before
the deadline. If they don’t, all investments will be refunded.
The Crowd SAFE is an agreement for future equity in the startup,
meaning that it can convert to equity in the future.
The Crowd SAFE is an agreement for future equity in the startup, meaning that it can convert to equity in the future.
If a trigger event for Mugatunes occurs, the discount provision
gives investors equity shares (or equal value in cash) at a reduced price.
The maximum valuation at which your investment converts
into equity shares or cash.
$50,000 – $500,000
Mugatunes needs to raise
before the deadline. The maximum amount Mugatunes is willing
to raise is $500K.
Mugatunes successfully raised $93,950 from 217 investors on July 31, 2018
Mugatunes started because friends needed a way to share new music. Turns out we weren't the only ones with this problem. Now we get to let our whole community own a piece of the pie. #NoShittyInvestorsRob GauInvested 10 months ago
I'm already an investor/ advisor, i think Drew is onto something, and think music still need to be disrupted by giving the power back to the artists.Dave CarpentierInvested 10 months ago
Drew and team are killer. While I'm already invested invested in previous rounds I'm pumped to keep jumping and excited that they are offering this up to the community as well!Nathan DionneInvested 10 months ago
I don't want my kids to grow up in a world full of sh*tty musicGregory FeigelesInvested 10 months ago
I have confidence in the enterprise and it’s CEO.Dermot MeagherInvested 10 months ago
I invested in Mugatunes because although I don’t have a lot of capital at this point in time I do believe that this company has the potential to grow and provides a business model that I think a lot of people ought to get on board with.Noah LeoneInvested 10 months ago
I believe in music as well as humble startupsPatrick SimpsonInvested 9 months ago
We invested because we feel this venture has great potential for success.marcia macdonaldInvested 9 months ago
i loathe shitty musicLuke FerrariInvested 9 months ago
Jarvegas Bantams stick togetherMatt SullivanInvested 9 months ago
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