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Invest in Mylance

The one-stop shop for the independent workforce

Highlights

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📈 Grew revenue 695% from H1 2021 to $49k in H2 2021
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🙋‍♂️Experienced founder launching and scaling $1B+ businesses at Uber (Rides, EATS and Freight)
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🎉 59 million independent workers in the US brought in $1.2 trillion in 2020
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💪 $450k committed from accredited investors for this round on the same terms

Our Team

Founder and CEO
Passionate about enabling flexible, fulfilling work -Previously Uber launch and Ops for 4.5 years: launched Miami and Milan UberEATS; launched Uber Freight, led team to a $1B+ valuation in 2 years -Earned $250k in 9 months freelance consulting
After leaving Uber, I consulted independently for almost 2 years. I experienced the fulfillment and challenges of freelancing first hand, and saw what freelancing could provide: following a passion, spending more time with family, or funding that start-up dream. I became passionate about enabling flexible, fulfilling lives for millions.
Parker Wilf Product
Product Manager at Dropbox for 4 years -Drove product discovery and launch of various 0 → 1 products, including Spaces -Shipped significant portion of desktop app to millions - Led 15 experiments generating millions of new recurring revenue
Joe Davis Accounting
-Licensed CPA with 10+ years of small business accounting and tax experience -Built and upgraded bookkeeping systems for local businesses and startups accounting for $7M-$10M in cash flow -Saved business owners and freelancers over $1.7M in taxes

The one-stop shop for the independent workforce

    • What's the Mylance vision?

      Mylance is building the "business in a box" for independent workers. Mylance will be the one-stop shop to market yourself as a consultant, including access to projects, a supportive community, and the products needed to remove the admin burden.

    • What problem are you solving?

      Today, 48% of an independent consultant’s time is spent doing non-earning, admin activities that include 1) Lead generation and 2) Back office admin, leading to millions of wasted hours each year.

    • Back office admin: includes invoicing clients to get paid, bookkeeping to correctly categorize the transactions, estimated tax calculations to pay taxes 4 times per year (yes this is required for a freelance consultant), tax filing, time tracking for clients billed hourly, and signing and maintaining mutually agreed upon client contracts.

    • Lead generation: to find clients, a consultant needs to communicate their value well, network with dozens of "leads," scope out a project, negotiate a good deal, and sign an agreed upon contract. Of the 48% of non-earning hours, this takes up over half of their time.

    • How big is the market?

      In 2019, US Freelancers brought in $1.2 Trillion in gross revenue from a combined 59 million US workers. Further, 45% of those are "skilled" talent. This market continues to grow every year, and as a result of COVID, 12% of the US Workforce started freelancing during 2020.

    • Who's the team?

      Our team, led by CEO Bradley Jacobs, combines tech and independent consulting experience from Uber and Dropbox where we've launched new business lines and built them up to over $1B in value. As a team, we've experienced freelance challenges first hand, we’re passionate about the independent life, and we have the grit to win in an attractive space.

    • What have you built thus far?

      In our first year of business, we bootstrapped to $70k in revenue, enabling us to get close to our customer and jumpstart our community. We acquire customers through our coaching offerings, and then convert them to our subscription offerings.

      Our goal is to hit a $1MM revenue run-rate by end of 2021, combining revenue from our Bootcamp, Bookkeeping subscription, and additional subscription offerings coming this year!

    • Who's Mylance's target customer?

    • Tech professionals with 5-15+ years of experience who have built up successful start-ups or worked for brand name companies

    • They're in a major business function including Operations, Product, Marketing, Business Development, Sales, or Strategy.

    • Start-ups pursue these roles at a high rate, and these folks are currently underserved as independent consultants today, unlike Engineers and Designers.

What sets Mylance apart?


What is the Mylance product vision?


What are Mylance Customers saying?

Overview