If you are born poor, it’s not your mistake. But if you die poor, it’s your mistake.— Bill Gates
We are focused on the more than $300 billion social commerce market. We intend that our major revenue sources in the first phase will be “gifting and socializing” coupons.
We are the pioneer of social media monetization – a unique business innovation that has the potential to change the way the social media landscape is used today.
Sagoon is a social movement. The motivation in investing in Sagoon is not just to get financial returns but also to foster innovation from an isolated community and underserved market.
Team: We are a very passionate and committed team of entrepreneurs, who have a full confidence in what we observe, perform and execute.
We offer our users the opportunity to earn money while they socialize with their loved ones; it will be made possible through a ‘Social Smart Card’ that creates a spin cycle of positive outcomes - more gifting, more advertising. That’s how we plan for successful growth.
We have already won half of the battle by making “Sagoon” a well-recognized household name among more than a billion people from South Asia and other parts of the world. We produce zero dollar branding cost.
We have a long-term vision. Since inception, we have been located in the United States and India - a new land of opportunity - where more than 500 million users access the Internet. We are also located in Nepal - a transit spot to China where more than 700 million users surf the Internet.
The United States Securities and Exchange Commission has qualified Sagoon to launch a public offering.
Every investor/shareholder will get a share certificate from Sagoon Inc
Recieve Sagoon “Good Luck” investor ID card
Receive an invitation to our amazing first shareholder “Annual General Meeting (AGM)” reception with famous celebrities
Receive all previous, plus
2 nights stay in a hotel during the event of AGM reception
Have some input in how our company is run
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence.— Charles Bukowski
The founder and CEO of Sagoon has studied Economic and Computer Science in Nepal and the United States. He has more than 20 years of working experience in management and IT solutions. His skills also include search engine marketing and product management.
At Sagoon, Mr. Giri is responsible for deciding the overall direction of the company and product strategy. His expertise in network design and development of communication tools allows him to fulfill his role of “chief architect” at Sagoon. Additionally, he manages the service and development of Sagoon’s core technology and infrastructure.
Mr. Giri is a Cisco certified network professional and a Microsoft-certified system engineer, who holds a provisional patent for Random Vector Model Information Relation Method, a core technology developed to resolve computing problems. He has received many awards and accolades due to his contributions to the IT sector.
Born and raised in Nepal, Giri has been based in Washington, DC for over 23 years.
Kabin Sitoula brings over 15 years of experience in finance and marketing in the private sector to his role as Sagoon’s community outreach specialist. Prior to joining Sagoon in 2014, Sitoula worked at Premier Financial Alliance as the qualified field director for more than 4 years. At Sagoon, he is responsible for building market strategies, and raising funds and awareness among the members of the local community. He currently works part-time with the company and is also a self-employed realtor and insurance agent.
Swati Dayal has over eight years of experience in web and mobile product design and development. Prior to joining Sagoon in 2014, she worked at Sparx Technologies (located in Noida, India) as a Senior UI/UX designer for Mobile and Web for more than 5 years. Ms. Dayal is Product and Operations Head at Sagoon, and is responsible for developing innovative products; managing operational systems; strategic planning, process and policy; and the successful delivery of the company’s goals and objectives.
Edla is a leader in the field of Information Technology with more than 20 years of experience in project management with both the US government and the private sector. Prior to joining Sagoon in 2015, he worked as a project manager consultant at Booz Allen from 2014 to 2015, implementing cyber security application for the US government. From May 2013 to May 2014 he worked as Project Manager Consultant with Verizon, from May 2012 to April 2013 he worked as Project Lead Consultant with Fannie Mae. Before that, he worked as a project lead consultant at Library of Congress, US department of Treasury and Veterans Affairs to automate the existing manual process. As Head of Technology at Sagoon, Edla is responsible for the successful execution of the company’s business mission, overseeing the development of web and mobile products right from inception to deployment. He currently works part-time with the company and part-time as a consultant for Seaford Consulting Company, implementing applications on Amazon Cloud.
Pradhan has more than 15 years of experience in various aspects of corporate taxation and business development. He is currently employed as Tax Manager in the Global Tax Department of Capital One Bank in McLean, Virginia. He is actively involved in tax compliance and provision work. He is responsible for updating and analyzing tax impacts on new state legislative developments and regulations. Prior to joining Capital One, he worked as Assistant Vice President at Chevy Chase Bank from December 2005 to February 2009. He also served as Senior Tax Accountant at Lockheed Martin Corporation in Bethesda, Maryland. Prior to joining Lockheed Martin, he also worked with Riggs Bank and MCI WorldCom, Inc. in Washington where he was responsible for federal and state tax compliance work.
Dr. Satyam Priyadarshy, Ph.D., MBA served as Chief Technology Officer of RKA Enterprises LLC. Dr. Priyadarshy has over 20 years of technology expertise and extensive business acumen and currently serves as the Advisor of VendorStack, Inc. Before joining Foodem.com, he served as the Chief Knowledge Officer of Network Solutions, LLC since October 2008. He gave Network Solutions a wealth of expertise including strategic, business, and technology consulting. He also co-founded RKR Group, Inc. Further, he has 9+ years of experience at the leading Internet company (AOL) in various roles. In his last role, he was the co-founder of AOL Research Labs, in the office of the CTO. He held various positions including Senior Research Scientist among others at AOL, a unit of Time Warner, as well as multiple scientific positions at Rutgers, University of Pittsburgh, and The University of Sydney, Australia. He is an adjunct professor at the George Mason University School of Management and serves on the board of India International School, a non-profit organization engaged in enhancing the ancient cultural values of India. He has authored over 30 research papers and his research work has been profiled in many magazines. Dr. Priyadarshy received his MBA from the Pamplin School of Business at Virginia Tech and his Ph.D. from Indian Institute of Technology (IIT), Powai, Bombay (now Mumbai).
The company’s legal counsel Sara Hanks of KHLK LLP is helping Sagoon Inc. in all the legal matters related to Regulation A+ including filing a Form 1-A covering the offering with the SEC. Hanks is the co-chair of SEC’s Advisory Committee on small and emerging companies. She, formerly a SEC attorney and general counsel to the US Congressional Oversight Panel on TARP, is also the CEO of CrowdCheck, a Washington DC-based compliance and diligence platform that services investment crowdfunding platforms.
A pessimist sees the difficulty in every opportunity: an optimist sees the opportunity in every difficulty.— Winston Churchill
Sagoon Inc. is a Delaware USA Corporation that also owns Sagoon India Private Limited, a 100% subsidiary company located in New Delhi, India and Sagoon Nepal Private Limited, a 100% subsidiary company (registration in process) located in Kathmandu, Nepal.
Sagoon is a social commerce platform whose goal is to define the global standard for social media with its social path: CONNECT – SHARE – EARN.
Sagoon’s mission is to change the way people use and interact on social media today. The company plans to be a pioneer in monetizing social media by enabling users to earn financial rewards while connecting with others and sharing personal experiences. We believe that Sagoon enables users to make a true connection with others, bring intimacy into relationships and create a transparent society.
We call Sagoon a “social movement” – CONNECT – SHARE – EARN
People want their lives to be more fruitful. We don’t just want you to ‘Connect’; we want your time to be useful, we want you to build meaningful and productive relationships.
We don’t want you to share everything you find with all of your contacts, that creates boring relationships. Instead, share experiences, feelings and thoughts that would create better bonds or turn out to be a life-saving gift to others.
We want to share our earnings with you. By spending time with us, you will learn, enjoy, and eventually earn cash rewards. We believe Sagoon’s most exciting feature will eventually be its ability to provide monetary rewards to users for the time they spend on this social network.
Sagoon’s comprehensive suite of products and services supports the needs of global online users. Each product suite has unique features and a different customer presentation strategy; the purpose of each application is to strengthen relationships. The core Sagoon technology enables products to be categorized semantically with lower development costs and faster speeds.
At present, Sagoon is used by people of all ages. The primary product allows for the building of social connections and sharing of secret messages, both publicly and privately. Additionally, it provides for the organization of daily tasks and schedules and the ability to “chat” seamlessly through MoodTalk. The current features available on desktops are MyDay, Secret Sharing, MoodTalk and Contacts. The current features available on mobile devices are Secret Sharing, MoodTalk and Contacts.
Revenue from social networks today (fee + advertisement) with projected growth of 43.1% each year.
Online Coupons (in 2014, digital coupons worth $16 billion were redeemed, that is 1% of total offered).
Digital Gift Cards (the worth of unused Gift Cards is $1 billion annually).
The Social Smart Card is a digital card for all the shopping and gifting needs of users that we plan to launch by the end of 2017. It will allow Sagoon users to earn money while shopping, redeeming coupons and gifting their loved ones.
Every Sagoon user will receive a FREE Social Smart Card. With this card, users will be able to EARN money, SPEND money, REDEEM coupons and GIFT their loved ones while socializing. Currently there is no other social media channel that offers shopping and gifting in one place through the Social Smart Card, which will eventually give all users a share in our earnings. This is what we believe in, a GAME CHANGER.
Buy and send gifts to loved ones.
Easily collect and redeem gift cards and coupons to buy goods/service.
Get a percentage back on each transition.
It’s simple: revenue sharing. We believe that Sagoon’s platform will be a pioneer in social media monetization where its users will earn money while making social connections and sharing personal stories.
Imagine being able to earn money, just by spending time on social media. The Social Smart Card – which we anticipate to launch by the end of 2017 – will allow every single user to earn a percentage of Sagoon’s revenue.
Sagoon’s technology eliminates many barriers that exist in traditional methods of computing and makes its process faster and less expensive. Sagoon was developed based on the latest technology and plans to use semantic technology and Natural Language Process methods in future, which we believe will result in significant savings in energy costs.
We are in India to reinvent the wheel. We plan to combine the experience, culture and success of Silicon Valley with incredible talent that gives India the chance to change the world. Our plan is to roll out the same culture of product delivery, the same business model and retail concept, the same game plan, the same investment opportunity, the same employee benefits and the same successful management team as a Silicon Valley company would do.
We believe we have the potential to go bigger and much better because of the size of the South Asian market compared to the U.S. market – more than 500 million Internet users at present, a figure that is projected to reach more than 700 million by 2018. We have a team and an infrastructure already in place. We plan to hire and build a bigger team with key management, developers and engineers after closing this equity crowdfunding campaign.
Every new idea has the potential to transform the world. One such idea is Sagoon, which we believe is going to change the way people use social media today. The revolution of social media monetization is coming and your chance to play a significant role in bringing about this revolution is right here. The company is now accepting an investment publicly online, something that was not available during the early days of Facebook and Twitter.
Thanks to the United States’ JOB Act of 2012, it makes possible for the general public to invest online in Sagoon at its early stage and become a part of the $300 billion social commerce industry, and potentially earn a financial reward by being a Sagoon shareholder.
Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.— Albert Einstein
The “Mini-IPO” is a media term that is used for Regulation A+. It’s a new US securities law that makes it legal for the general public to invest in a private growth-- stage company before the company’s stocks are publicly traded.
Here’s what usually happened before the new law existed. Only rich people who had a net worth of $1 million or those with an annual salary of over $200,000 were allowed to invest early. Then the company grows until it goes IPO and stock starts being publicly traded. So everyone gets the opportunity to invest when the company growth has slowed down. That’s why rich people (early investors) make much more than the less-rich people (late investors).
But now with Reg A+ (Mini-IPO), you do not need to be rich to invest. You just need to commit to not invest more than 10% of your annual income or net worth. Everyone can invest.
It means the Securities and Exchange Commission of United States of America has permitted Sagoon to offer the securities for sale described in the Offering Circular to investors such as you – the general public. Sagoon has met all the legal disclosure and regulatory requirements necessary to make its shares available to you.
As per our knowledge, the government of Nepal does not allow its citizens to invest from Nepal into any foreign company.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT AT https://www.sec.gov/Archives/edgar/data/1639953/000114420417002868/v456646_partiiandiii.htm
YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.