Go Fish Marketplace is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$100.00 minimum investment

Go Fish Marketplace

Changing Ecommerce Forever

Small OPO
San Francisco, CA
E-Commerce
Accepting International Investment
Play video

Changing Ecommerce Forever

Invest in Go Fish Marketplace

Go Fish Marketplace (www.GoFishMarketplace.com) is a new online marketplace like eBay+Avon, where companies can list their products for sale and then "anyone" can sign up to become an independent sales rep to make extra money by selling those products in exchange for high sales commission – as high as 50%. It is our goal to increase to a $4 Billion valuation within 4-5 years, and if/when we do, any investment made now would then be worth 100x the amount invested.


We believe we are the 1st marketplace for the rapid growing $182 Billion Direct Sales Industry, and Go Fish utilizes a viral business model aimed to helping it to grow at a very fast rate. An astonishing 8.3% of the entire adult US population is currently a Direct Sales rep; that's almost 1 out of every 10 adults in the US. Independent sales reps have been leaving their current companies and joining Go Fish by the "hundreds" and you have the ability to buy shares now while it is an early stage startup. 


Go Fish Marketplace's Mission is to help as many people as possible earn a viable income by selling products online.


When a customer makes a purchase directly from the marketplace instead of from a sales rep's Go Fish website then "Go Fish" gets the sales commission, which is normally 30% - 40% - and as high as 50%. That is a "very" profitable margin for an ecommerce marketplace; it is 3x to 5x more than eBay typically earns on each transaction.




Investment

$4 per share  




Perks

$1,000 — If you invest $1,000 you will receive Up to a 35% discount on any products from the entire marketplace during one Personal Shopping Session with a Personal Online Shopping Assistant


$5,000 — If you invest $5,000 you will receive an open invitation to visit Go Fish's offices across from Twitter & Uber's headquarters on Market Street in San Francisco and have lunch with the founder

Go Fish Marketplace Sets Out To Disrupt The $182 Billion Direct Sales Industry

What's New About What We're Making?    How Is It Different?

We are changing everything about how Sales Reps work. This is why we have such a rapid growth rate and multiple 25 year industry vets telling us that Go Fish is a "Godsend" and "just what the industry needed."


Independent sales reps have been leaving their current companies and joining Go Fish by the hundreds. We are raising money so that we can hire the needed employees to be able to handle the number of users that have joined the platform.


The main reason why we are different is because the entire direct sales industry is setup to bind the sales reps and hold them back in many ways. Those restrictions are industry wide, and the 107 Million worldwide sales reps have been in desperate need to be set free so that they could be much more productive in making sales. 


For example, sales reps typically join an individual direct sales company like Herbalife and then they are restricted to only selling Herbalife's products; they can not add other products to their website or sell from the entire marketplace like at Go Fish, so they are stuck with a limited product line at Herbalife. 


Another restriction is that sales reps typically have to "pound the pavement" or hold awkward product parties with strangers in their home, but at Go Fish they can interface with customers via Go Fish's innovative face-to-face video Personal Shopping Session Interface over the internet. 


Then if the sales rep ever wants to leave a company like Herbalife, the rep will lose all of the customers and revenue that they have built over time, where at Go Fish, that's where we derived our name from, because sales reps can "Go Fish" and join another vendor without losing anything.


In summary, at Go Fish they can join for $0, sell any product in the entire marketplace instead of being tied to one product line, and they can use the face to face video interface to have personal online shopping sessions with customers without ever leaving their couch. And they can switch to another vendor at any time without losing anything.

How Big Is The Market?

The Direct Sales Market is a massive $182 Billion worldwide market and it is growing at a "staggering" rate. An astonishing 8.3% of the entire adult US population is currently a Direct Sales rep; that's almost 1 out of every 10 adults in the US. From just 2013 to 2015 the number of people that became Independent Sales Reps in the US grew by 20%...that is 3.4 million new people that became independent sales reps in the US in just 2 years. 


The Direct Sales industry is a 100 year old industry that we thought was in need of new innovation, and Go Fish is uniquely designed to capitalize the most on this solid, extremely rapid growing industry. That's why Independent sales reps have been leaving their current companies and joining Go Fish by the hundreds.

 

Who Are Your Competitors?                              & How Are You Different From Them?

In terms of marketplace competitors like eBay and Etsy, Go Fish will be able to compete strongly via the two most important categories for a marketplace, which is “customer service” and “price." We are the only ecommerce marketplace that has “Personal Online Shopping Assistants.” They get to know the products and the customers personally, and they can answer questions about the products for the customers. When you purchase from other online marketplaces, when was the last time you had a real sales rep to help you? ...or reached a rep that is knowledgeable about the products in the marketplace?


The second competitive strong point for Go Fish is price. Because the merchants list their products in the Go Fish Marketplace as a wholesale price and then set the 30% - 50% sales commission for sales reps, Go Fish sales reps can actually reduce the price of a product 30% - 50% all the way down to the wholesale price if they need to, to close a sale with a customer, and because of that other marketplaces can not compete with Go Fish via product prices.

 

How Do You Acquire Sales Reps &Customers?

Go Fish currently advertises online and recruits 75 sales reps per week (300 per month) at a cost of $30 per user. Go Fish's business model design is special in that it is "virility cubed," meaning that it is designed to grow virally extremely fast via 3 compounding factors of viral growth. Go Fish recruits Merchants, Merchants recruit sales reps, then sales reps recruit other sales reps as well as customers. And all users, including Merchants, Sales Reps, and Customers each also utilize the virility of their social media which increases the rate of user growth. 


Current numbers show that with every 2 sales reps that Go Fish brings onto the platform a third sales rep is recruited organically by the existing reps. And a new customer is recruited every month per every 2 sales reps.

 

How Will You Make Money?

Independent sales reps have been leaving their current companies and joining Go Fish by the hundreds. Go Fish advertises and recruits Sales Reps to join the platform. Sales Reps are then are given a lead list to call potential customers, and they can also market their products online in many ways, such as by conducting a product review on a blog, making a YouTube video, or posting a link to their Go Fish products website anywhere on the internet. 


So cost of acquisition for Sales Reps is $30, and each Sales Rep (according to industry statistics) generates $1,733 gross market sales "annually," on average, multiplied by a user lifetime of 3.6 years, that yields an average user's lifetime gross market sales to be $6,238.00 at a cost of $30. And when a sales rep makes a sale Go Fish charges a 9% transaction fee.


When a customer makes a purchase directly from the marketplace or from a Merchant's Go Fish website (instead of from a sales rep's Go Fish website) then "Go Fish" gets the sales commission, which is normally 30% - 40% - and as high as 50%. That is a "very" profitable margin for an ecommerce marketplace; it is 3x to 5x more than eBay typically earns on each transaction.

 

What Is Your Biggest Risk? What Keeps You Up At Night?

Go Fish has been designed from the very start to operate in an overly-extremely lean fashion. The founder and designer of the system learned to operate in such a way when he bootstrapped his first company straight through the great recession to success. By designing this kind of strong, solid structure into Go Fish, the system can cause much less worries.


However, one of the risks that Go Fish's management team keeps in mind is how to keep track of so many sales reps that join the platform at such a fast rate. The system is continually being refined and improved to maintain proper "organization" as more and more users join the platform.

 

That's almost 1 out of every 10 adults in the U.S.!

 

Market Traction

  • Based On The "High Rate" of Current User Growth, Go Fish Is Recruiting Independent Sales Reps At A Rate That, According To Industry Established Statistics, Allow Go Fish "Each Week" To Forecast An "Additional" $467,910.00 In Future Gross Market Sales with every batch of recruits...                                                                     Here is the calculation:
    •             [75 New Independent Sales Reps Recruited Each Week]               x  [The Industry Avg. $1,733.00 Sales Per Year (Per Rep)]                = $129,975.00 "Additional" Yearly Foretasted Sales...                x Sales Rep Account Lifetime of 3.6 Years                                             = $467,910.00 Total "Additional" Foretasted Sales
  • v2.0 of Go Fish's Software Platform Is Through Beta Testing & The System Has Been Hardened (Bugs Removed) And Refined (Improved) Over The Past 2 Full Years 
  • Go Fish And The Founder Have Been Accepted-And Have Graduated From The Batchery Tech Incubator/Accelerator & We Have Very Prominent Tech Leaders In Silicon Valley Interested In Go Fish, Some Former eBay Rockstars 
  • We have a business model that will allow us to enjoy extreme growth because we can effectively and efficiently advertise via large volume Traditional Advertising Such As TV, Radio, and Magazine ads 

 

3.4 Million More People Became A Direct Sales Rep In The U.S. Between Just 2013 and 2015

Because of the "lack of opportunity" in the US job market and "underemployment" Direct Sales is growing very rapidly in the U.S.

More About Go Fish's Founder

Go Fish’s founder is a trial-by-fire, 4th generation entrepreneur, characterized as a social impact entrepreneur with 21 years of business experience, 10 of those years as a successful startup founder and CEO.


At the beginning of 2003 he broke his back in three places, and afterward he put himself through college and started his first company in 2006. He bootstrapped it himself through the Great Recession to ultimately closing repeat $250k individual orders using only a website, a laptop, and a cell phone. 


He has helped several Fortune 500 clients, and the technology from his first company currently helps over 165,000 welfare recipients right in the San Francisco Bay Area.


In 2013, when he first started Go Fish Marketplace he came down with a difficult illness that had a 90% fatality rate...and through his own research over a period of three years he found the cure, treated himself, and now uses all of that knowledge to help many others (on the side) overcome their health ailments via free one on one advice and via his health blog.

Through it all, he "embraced" his hardship, knowing that with every hardship, every battle, he was learning extremely valuable pieces of wisdom, knowledge, and skills that he knew was making him stronger and stronger as he pressed forward, with the goal to ultimately use all of that knowledge gained from every successful battle to create a system that hands all of that knowledge to as many people as possible. That system is Go Fish.


The numerous battle victories - despite the odds against him, his way of life, and his approach to business are now all one-and-the-same. His focus now has been working on Go Fish to help low income people achieve financial freedom and to disrupt the direct sales industry.

In the Press

Young Silicon Valley Company with Big Heart Raises Money to Help Low Income People Earn a Living
July 31, 2017

Go Fish Marketplace, touted as the first online marketplace for the massive $189 Billion global direct selling industry, has started an equity crowdfunding campaign via StartEngine. The company’s mission is to help as many people as possible obtain financial freedom by helping them build an income via selling products online.

Offering Summary


Company
Go Fish Marketplace, Inc.
 

Corporate Address
1390 Market St, #1608, San Francisco, CA 94102
 

Description of Business
Go Fish Marketplace is an online platform that connects product vendors with independent sales reps whom then sell products to customers for a large sales commission.

 

Type of Security Offered
Common Stock
 
Purchase Price of Security Offered

$4.00

 

Minimum Investment Amount (per investor) 
$100













Perks

$1,000 -  Up to a 35% discount on any products from the entire marketplace during one Personal Shopping Session with a Personal Online Shopping Assistant 

$5,000 - An open invitation to visit Go Fish's offices across from Twitter and Uber's headquarters on Market Street in San Francisco and have lunch with the founder


Irregular Use of Proceeds

"The Company does not intend to incur any irregular use of proceeds."

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$500.00 USD
$0.00 USD
Cash And Cash Equivalents
$500.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$44,391.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$43,891.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Go Fish's Founder To Be A National Radio Show Guest

2 months ago

* Something that may not have been mentioned on the campaign page is that Joseph Baliva financed Go Fish thus far with $100,000.00 of his own money.

* Go Fish intends to raise $1.07M through this current online public offering and then plans to raise an additional $5M via a Series A+ Tier II offering. The price of Go Fish stock will be raised after the $1.07M is raised, possibly to between $7 - $10 per share.


If you have any questions you can email the Founder at CEO@GoFishMarketplace.com or call 1-415-508-8994.

Thank you, Go Fish Marketplace Inc. Team

Any Questions?

2 months ago

Hello, 

If anyone has any questions, you can email me at CEO@GoFishMarketplace.com or give me a call at 1-415-508-8994. I look forward to it.  

Thank you, Joseph Baliva, Founder & CEO, Go Fish Marketplace Inc.

Amending our Securities Offering

2 months ago

Hello! Recently, a change was made to the Go Fish Marketplace offering. Here's an excerpt describing the specifics of that change:


GoFish Marketplace is extending the end date of their offering by 90 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Amending our Securities Offering

4 months ago

Hello! Recently, a change was made to the Go Fish Marketplace offering. Here's an excerpt describing the specifics of that change:


Go Fish Marketplace has changed their offering to offer equity and extended the campaign end date by 90 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

What Kind of Companies Grow The Fastest?

4 months ago

The following is only my opinion of what is possible, and is not to be taken as fact. Investing in startups is risky and you should review your risk profile and consult and investment advisor before considering any investment.


Everyone knows that "tech" companies grow the fastest out of all types of industries...but what "kind" of tech companies?

How do we compare one tech company investment with another?

Well, here is how I perceive it to be broken down, and I will do so by explaining what kind of company Go Fish Marketplace is...

Out of all types of "tech" companies, it is said that "online" companies (software/cloud based) grow the fastest. This is the case because of several reasons, one being that the brunt of the operations of the company is done via 1's and 0's inside the cloud, inside computer servers, and less moving parts means lower costs, which means more bottom line to re-invest into growth. It also means that the entire process of a customer signing up to becoming revenue generating is totally automated via the computer software.

...And out of all online companies it is said that "Marketplaces" grow the fastest, for several reasons, mostly because of what is called "the network effect" which is the effect of having one user having the capacity of influencing the propensity of other users signing up, therefore the more users you have, the faster user signup will occur and thus the growth of the site.

...And out of all types of "Marketplaces" it is said that "eCommerce Marketplaces" grow the fastest. Again, because of the Network Effect. In this case, because various different vendors can sign up as well as customers, and in Go Fish's case, various different independent sales reps as well because we have a three-prong-marketplace.

So Go Fish Marketplace is an "ecommerce marketplace online tech company." Is there anything that would help its business model grow any faster?...Ah, how about the viral aspect of the business model? On Go Fish Marketplace Merchants and Sales Reps can recruit other Sales Reps so one can recruit 5 and those 5 can recruit 5 of their own and then those 25 can recruit 5 of their own...ect, and it is designed to grow virally. 

Is there anything else on top of that? Yes...On top of that each and every individual user can use their own viral social media to promote their Go Fish store and recruit others to join the platform, sort of like viral x viral, so viral squared.

This is one of the reasons why we are so exited about Go Fish's future. But we are most exited that we will be helping many, many people develop a source of income that many of them desperately need.

Joseph M. Baliva, Founder, Go Fish Marketplace, Inc.

Go Fish Will Be Offered At $4 /per share

4 months ago

Go Fish is changing its offering from a convertible note to a straight equity offering of $4 per share. 

This means that you will now be able to buy shares of Go Fish at a much lower cost than was previously offered, and you will own the shares upon closing.

StartEngine will be modifying the Go Fish campaign as soon as Monday or Tuesday, so keep an eye on the campaign for the change to occur and buy in after the change.

In terms of the possibilities, there are absolutely zero guarantees, as there are risks with early stage investments. But with that said, it is our goal to bring Go Fish's valuation to  $4 Billion+ within 4-5 years. And if that happens, that would mean that your investment will be multiplied by a factor of 100x the amount that you invested at $4 per share. For example, a $1,000.00 investment at $4 per share would be worth $100,000.00

Joseph M. Baliva, Founder & CEO, Go Fish Marketplace, Inc.

Thank you!!

4 months ago

Hello to Go Fish's very first investors!!

I just wanted to say thank you from my heart to Go Fish's very first investors and a hello to our very first followers as well!!

If anyone has any questions for me at all I would love an opportunity to answer them, I am focusing 100% of my time on the fundraising campaign at this point. On that note, here is our recent press release: http://www.releasewire.com/press-releases/young-silicon-valley-company-with-big-heart-raises-money-to-help-low-income-people-earn-a-living-841616.htm

Thank you again!!

Joseph M. Baliva, Founder & CEO, Go Fish Marketplace, Inc.

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Show More Comments