Story Terrace helps people turn their life story into a book with a pool of over 500 professional writers
Business overview
Location | London, United Kingdom |
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Social media | |
Website | storyterrace.com |
Sectors | Content & Information Mixed Digital/Non-Digital B2C |
Company number | 08905280 |
Incorporation date | 20 Feb 2014 |
Idea
Introduction
Story Terrace wants to make sure that in the future everyone’s life story is captured in a meaningful way. To do so, we have made it easy and affordable to work with a professional writer and turn anyone’s life story into a beautiful 100-page book.
The process is simple:
1. We match customers with one of our 500+ writers based on their location, personality and background;
2. Customers are interviewed at home, and their writer drafts their life story, which is edited in-house and approved by the customer;
3. Story Terrace prints beautiful hardbound books, including photographs;
Our customers either buy a full-service package to have their own biography written or purchase as a special gift for a loved one. While we offer self-publishing services, most books are shared with family & friends only. Packages including full-colour hardcover books start at GBP 1,500.
Story Terrace markets its services in the UK, the US and the Netherlands, but creates books in English for customers worldwide.
Pre-emption details
This is a pre-emption campaign for Story Terrace who have raised a further £1,000,335.56 of funds.
As an existing shareholder in Story Terrace you have the right to exercise your pre-emption rights in order to maintain your current percentage ownership in the business. If you would like to exercise your pre-emption rights, simply click the invest button above and follow the instructions.
As this is a pre-emption only campaign, available only to existing shareholders, limited information is being provided at this time.
Debt
The company has the following outstanding loan:
$73,000 loan from the US government at an interest rate of 1% per annum. The loan is to be repaid after 2 years. The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor lenders will charge small businesses any fees.
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If you successfully purchase a share lot of this business, you will be granted access.
Buy sharesOnly shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
Buy sharesOnly shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
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