Returns on investment in some Internet companies have been in the hundreds of thousands percentage points.

For example, early investors in Amazon saw their investment grow over TEN MILLION PERCENT and a high-school drop-out made over FIVE HUNDRED MILLION DOLLARS by investing sixty thousand dollars worth of graffiti-painting services into Facebook.

But how can you identify great investment opportunities?

They don’t come along often. Too many factors have to coincide. A huge market need. An easily scalable solution which perfectly addresses that need. Endorsements and validations which allow for fast acceptance of that solution. Absence of competition. A strong team which can achieve market domination.

TransparentBusiness meets all these criteria and can produce extraordinary returns on your investment; please see the video summary on the right.

In the United States, this investment opportunity is regulated by Rule 506(c) of the Regulation D, which permits “broad solicitation and general advertising” but limits the opportunity to accredited investors only (net worth over $1 million or income exceeding $200,000, see the detailed definition). Non-US investors may qualify under Regulation S. The minimum investment is $50,000. See our Investment Summary for detailed information and request the Private Placement Memorandum for the description of the terms and risks.


The Corporate World is quickly moving from the old work model, in which employees commuted daily to work in their cubicles nine-to-five, towards the new reality, in which hundreds of millions of workers already telecommute at least part of the week. Many projects are outsourced to low-cost offshore destinations.


...and yet businesses lack any visibility into their remote work process. In fact, managers cannot even be sure if their telecommuters are working or golfing.

This situation is so frustrating, that some of the largest tech corporations have given up on telecommuting altogether; most notably, IBM, Yahoo and Hewlett Packard. In absence of transparency, some contractors inflated their invoices by hundreds of millions of dollars on a single project, knowing that the client had no tools to verify accuracy - or inaccuracy - or time-based invoices.


TransparentBusiness has a unique solution which makes all computer-based work fully transparent, allowing for real-time coordination of geographically distributed workforce, boosting productivity 15-40% and eliminating overbilling.


TransparentBusiness uses the same Software-as-a-Service business model, which allowed to become a ninety billion dollar company on a much smaller market - B2B salespeople. TransparentBusiness has a market which is thirty times larger than's market, as any kind of computer-based work can be monitored and coordinated using its platform.


TransparentBusiness is so impactful, that Citigroup has designated it as “the Top People Management Solution” and Google, Microsoft, Cisco, SAP, Facebook and ADP - “the Mount Rushmore of Tech business” - have signed up partnership agreements with TransparentBusiness. Importantly, TransparentBusiness is available for purchase from ADP, the tech giant which handle payroll processing for most of Corporate America. This partnership allows TransparentBusiness to bypass the new vendor approval process, which can often take a year or longer.


While the founders have personally financed development and launch of TransparentBusiness, they currently seek to raise $25M to fuel a rapid expansion of TransparentBusiness and to convert our technological leadership into domination of the market of business transparency solutions.


While every investment involves a risk, if TransparentBusiness were to go public at the industry-standard of $20 per share, your Return on Investment would be 2,000%.

To achieve market domination, TransparentBusiness needs to increase awareness of the incredible benefits of transparency in workforce management, create an internationally recognizable brand name and lock in the most lucrative accounts before competition develops.

If TransparentBusiness reaches Salesforce’s valuation, your investment would increase in value by 90,000%

A huge return is a distinct possibility, given the unique combination of all factors required for a mega-success in a tech business:

  • A huge market need.
  • An easily scalable solution which perfectly addresses that need
  • Endorsements and validations which allow for fast acceptance of a solution.
  • Absence of competition.
  • A strong team which can achieve market domination.
TransparentBusiness is lead by professionals who’ve demonstrated their ability to decisively act on market opportunities. The company is co-founded by Silvina Moschini and Alex Konanykhin.

In 2003 Fortune magazine called Silvina  “Miss Internet”  and she has since remained one of the most prominent Internet entrepreneurs, with hundreds of appearances on CNN and other networks, articles in scores of publications around the work and keynote appearances at major events.

The Wall Street Journal reported:
"Mr. Konanykhin was a whiz-kid physics student who became a pioneering Russian capitalist in early 1990s, building a banking and investment empire valued at an estimated $300 million all by his mid-20s.” In 1992, Konanykhin immigrated to the United States where he became the first person to be granted asylum from post-Soviet Russia on political reasons, for opposing corruption.

The Board of the Directors of TransparentBusiness also includes:
Kenneth Arredondo

A former President and General Manager (APJ) of CA Technologies, one of the largest software corporations in the world. He is also one of the early investors in TransparentBusiness.

James Costos
A former U.S. Ambassador to Spain. Prior to his diplomatic career, Amb. Costos had been an executive at HBO and Tod's with responsibilities encompassing global positioning, external relations, marketing and communications.
Among other shareholders of TransparentBusiness:
Earl Ray Tomblin
A former Governor of West Virginia
Frédéric Garcia
Former CEO Airbus (Mexico)
Bob Babbage
Former Secretary of State, KY
Jorge Titinger
former CEO of SGI
Jerry Weller
Former U.S. Congressman
Richard Perkins
Former Speaker of the Assembly, Nevada
Mark N. Ourada
Former State Senator (MN)
Andrew Winn
Chief Investor Relations Officer
Marcos Jimenez Baez
CEO at Softtek (USA)

Silvina Moschini and “Who’s Who in EY”, including Steve Hove, EY’s US Chairman and Americas Managing Partner, Julie Teigland, EY’s Managing Partner for Germany, Switzerland and Austria and Susana Balbo, the Chairwoman of W20 (a G20 organization).

On June 25, 2018, EY announced that it’s becoming the Founding Sponsor of SheWorks subsidiary of TransparentBusiness, with the objective to bring more than 100,000 more women to the workplace by 2020.

Silvina Moschini, a co-founder and the President of TransparentBusiness, with Mark Zuckerberg, the founder of Facebook. TransparentBusiness is a technology partner of Facebook.
Excerpts. TheDeal is a media channel of

... a New York-based software startup called TransparentBusiness Inc. has drawn backing from Fortune 500 executives through a relatively new type of securities offering called 506(c) as part of an effort to raise $10 million this year.

Alex Konanykhin, CEO of TransparentBusiness, said he decided to reach out directly to accredited investors by purchasing ads in financial publications. One particularly bold ad includes the figure, 90,000%, with a question mark next to it.

Konanykhin said the ad speaks to the large market opportunity for his company's software, which helps governments eliminate fraud by verifying billable hours charged by outside contractors. ...

Thus far, TransparentBusiness Inc. has raised about $500,000 under the 506(c) offering plus an earlier round of about $1.5 million through a convertible offering. It's currently offering 10 percent of the company for $10 million, with a minimum investment of $50,000.

The company's investors in the convertible offering include: ... Javier Polit, CIO, Procter & Gamble ($100,000); Ken Arredondo, former President of CA Technologies and a TransparentBusiness. board member ($150,000); Jorge Titinger, former CEO of SGI ($100,000); Ximena Querol, CEO of Sector3 Social Venture Group ($125,000) and Andrew Winn, former portfolio manager at BarclaysGlobal Investments and now senior vice president of TransparentBusiness ($110,000).

One of the investors, Ken Arredondo, told The Deal he invested in TransparentBusiness and agreed to serve on its board of directors because of the company's strong management team and the huge market opportunity to increase transparency of outsourced contracts worldwide. He believes in the company's product and said it's unique.

"It's a Saas-based, easy-to-use tool," he said. "There are a lot of technology players out there that are a lot bigger, but none of them have what they have. There will be competition, but they have the product now. They have first-mover advantage."

Arredondo plans to keep his investment in the company for at least two to five years. By then, the company could be large enough for an IPO or a sale.

A 506(c) offering, unlike other private offerings such as private-investments-in-public-equity, or PIPE deals, don't carry the same restrictions around the marketing of private offerings. (continue reading).

Bring Transparency to State Contracting

...Just a few years ago, a software contractor over billed New York City more than $500 million dollars on a single municipal project.

Given that Rhode Island spends hundreds of millions of dollars annually on large, complex professional service contracts, I am concerned the state is vulnerable to similar examples of time sheet fraud. That’s why I have introduced legislation (H-7788) that requires the transparent verification of billable activity.

In the absence of such verification, our agency auditors cannot verify the accuracy of contractual billing, so the state essentially pays contractors on the honor system, leaving open the possibility for fraud, waste and abuse. Further, state officials cannot efficiently monitor the status of ongoing, complex contracts, one of the major reasons we have seen some projects go far over budget and past deadlines.

To remedy the situation, my legislation would require that state contractors use newly available transparency and accountability tools to ensure that they are staying on task toward delivering contractually promised system functionalities.

By requiring vendors to use software that periodically takes screenshots of work being performed and provides automated real-time cost status of key tasks, we can significantly increase our capacity to manage complex projects, while protecting the state from padded invoices and time sheet fraud.

These software tools, such as TransparentBusiness from leading payroll and human services provider ADP, are already in use in the private sector, and Rhode Island can take advantage of these best practices in managing its state contractors.

Upgrading legacy information systems and other complex projects will always be a challenge, but let’s strengthen our state’s overall information technology project management capacity with powerful new transparency and billing verification tools designed to prevent time sheet fraud.

By Brian Patrick Kennedy, the Speaker pro tempore of the House of Representatives of Rhode Island.

Contact us, if you are an accredited investor interested in this Regulation D 506(c) equity raise.

TransparentBusiness has begun an active Government outreach program, with the objective of making TransparentBusiness a required platform for government contractors throughout the United States. Such a policy would save taxpayers tens of billions of dollars, with zero expense, as the cost of compliance is borne by the contractors. Such a policy would also mean an express ticket to Fortune 500 listing for TransparentBusiness. The investment opportunity discussed in this video summary will no longer be available once a requirement for “transparent verification of billable hours” is enacted nationwide or in any major state. Contact us, if you are an accredited investor interested in this Regulation D 506(c) equity raise.