ailibrary garage.com company overview by gordon kraft

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Gordon Kraft - Application to Garage.com for Artificial, Inc. - for secondary rounds of funding 1998...

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Page 1: AiLibrary Garage.com   company overview by Gordon Kraft

Search | Site Map

Garage : Company Overview Gordon, you have until September 30th to complete this application.

Save Often: To avoid accidental loss of data, we recommend youpush the Save Work In Progress button at the bottom of this page every5 or 10 minutes. After clicking the button, you can return to this pageand continue working on the application.

Note that all buttons on this page save your work. If you return to thispage and the data on the page is not updated, try using the Reload orRefresh feature of your browser.

Application Instructions

*The red asterisk denotes a required field.You must submit an answer for everyrequired field.

The question mark located in the topright corner of each section gives youcontext-specific help and instructions forthat section.

This section is the single most important part of the application.Garage.com and potential investors will read the text in this areabefore any other part of the company overview.

* Very Short Description. Using 2 to 8 words, describe yourcompany. For example, garage.com would be "Web-based seed-level capital broker".Artificial, Inc. is Gordon Kraft's version of garage.com

* Elevator Pitch. Please consult the help section (indicated by thequestion mark in the blue box above) before attacking this question.Mastering the Elevator Pitch is critical to your company's success.(Limit is 1,000 characters or about 100 words.)

Page 2: AiLibrary Garage.com   company overview by Gordon Kraft

Artificial, Inc. (Ai) is a Internet Research and Development company funded by its founder, to focus on the application of Artificial Intelligence (AI) to a users internet experience.

AiDigital Library Project:

The internet is dynamically evolving in terms of the users ability to access a sea of incredibily vast infomation. The result of any research effort by a internet user, ultimately results in some of these questions:

1. "what was the name of that site?"2. "what was that file name?"3. "where did I put that stuff?"4. "where is that video?"5. "I'm a frequent business traveler, how do I find that document?"

In order to understand the integration of the rapidly evolving internet, one needs to understand the past, present and future of the computer industry.

AiTechnology Center:

Our AiTechnology Center provides us with the necessary environment for our AiDigital Library Project. One of many Ai Projects currently underway. Ai is comprised of a staff of "visionaries" that have worked with our founder for over 20 years.

We build "Artificial Worlds on the Internet".

We will have a AiTechnology Center in StarPower's Dallas Home Entertainment retail stores in Nov. 1999.

Additional keywords. Enter up to 20 search keywords related toyour company, product, or service that are not part of the above100 word description. (Limit is 300 characters or about 30 words.)Digital Library, Artificial Intelligence, .PDF, QTVR, Sony VAIO, Home Theater, HDTV, DVD, MPEG2, .DOC, .HTML, Hobbies

Contact NameGordon Kraft

Contact [email protected]

Application ID37574

* Contact's Title or Relationship with the applying companyCEO

* Contact Business Phone # (with area code)941-642-7015

Contact Business Fax # (with area code)941-642-7809

* Company NameArtificial, Inc.

* Company Street Address (no P.O. Boxes)889 S. Heathwood Dr,

* Company CityMarco Island

* Company State (must be in U.S.)FL (2 letter abbreviation)

Page 3: AiLibrary Garage.com   company overview by Gordon Kraft

* Company Zip34145 (5 digits)

Company Web Sitehttp://artificialinc.com

* Company TypeC CorporationS CorporationLimited Liability Company (LLC)PartnershipSole Proprietorship

If incorporated, date of incorporation8/1/96 (mm/dd/yy)

If incorporated, state of incorporationFl (2 letter abbreviation)

* What stage of development is your company in?StartupProduct DevelopmentBeta Test / Clinical TrialsShipping ProductProfitable

* Enter the Industry Classification that best fits your company:

Set Primary Classification Software: Other

Set Secondary Classification Consultants (Information Technology)

* What is your company's mission statement? (Limit is 2,000characters or about 200 words.)

* What are your company's key goals and objectives? (Limit is

Page 4: AiLibrary Garage.com   company overview by Gordon Kraft

2,000 characters or about 200 words.)

* What problem are you trying to solve or fix with your product orservice? (Limit is 4,000 characters or about 400 words.)

* Describe your underlying technology, including the developmentstage of the product or service. (Limit is 4,000 characters or about400 words.)

* Does your success depend on any external intellectual properties?Do you have in place licenses or agreements to include thistechnology in your product or service? (Limit is 4,000 characters orabout 400 words.)

Discuss your company's manufacturing and/or developmentprocess, if applicable. (Limit is 3,000 characters or about 300words.)

* How many full-time employees does your company have?

* List the 8 most important people affiliated with your company

Page 5: AiLibrary Garage.com   company overview by Gordon Kraft

(including company founders, Board members, advisors and keyemployees). Click the button for each person to fill in additionalinformation about that person.

People Completed

1) Edit Gordon Kraft 50%

2) Add New Person 0%

3) Add New Person 0%

4) Add New Person 0%

5) Add New Person 0%

6) Add New Person 0%

7) Add New Person 0%

8) Add New Person 0%

* How much capital has been invested in your company to date? (in US$)

* How much capital is your company now seeking to raise? (in US$)

* If you are successful in raising this amount, how long will thatlast you?

(in months)

After this time period, how much additional financing would yoube looking for, if any, in your follow-on round?

(in US$)

How much capital (including what you are now seeking to raise)will it take for your company to reach break even (cash flowpositive)?

(in US$)

* What is your company offering? (check all that apply)EquityConvertible DebtDebtI don't know / I'm not sure

Page 6: AiLibrary Garage.com   company overview by Gordon Kraft

* What is the business exit strategy? How and when will investorsget a return on their investments? (Limit is 1,000 characters orabout 100 words.)

* What drives you and your company? (Limit is 1,000 characters orabout 100 words.)

Anything else we should know about your company? (Limit is2,000 characters or about 200 words.)

If a person referred you to garage.com, who was that person?

What firm do they work for?

What city/state are they in?

If you were not referred by a person or firm,how did you hear about us?

* Free Listing. Your company is automatically entitled to be a partof our free listing service for startups. If you wish, we will make alimited profile of your company available to our qualified MemberInvestors in the private, password protected area of our site calledHeaven.

Garage.com reserves the right to not list a company.

Page 7: AiLibrary Garage.com   company overview by Gordon Kraft

List my company

Garage.com will make available only my companyname, location, very short description, money sought,and the 100 word summary (Elevator Pitch). Investorsmay contact me if they are interested. Garage.com willnot release any additional information to investors.

Do not list my company

If an investor is interested in my product, market, ortechnology sector, please forward that information tome without revealing any information to the investor.

Save Work In Progress To save your work and come back to finish itlater, click the Save Work In Progressbutton (remember, you must complete it bySeptember 30th)

Preview Free Listing To see a preview of your free listing, clickthe Preview Free Listing button.

Preview Application To see a preview of your application, clickthe Preview Application button.

Submit Application If you are completely finished with yourapplication, click the Submit Applicationbutton.

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