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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 above.

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 $6,000. See our Investment Summary for detailed information and request the Private Placement Memorandum for the description of the terms and risks.

We are very selective in our choice of investors. Our investors include financial firms as well as current and former executives of Morgan Stanley, Merrill Lynch, J.P. Morgan, Stifel, Bank of America, Barclays Global Investors, UBS, Wells Fargo, Goldman Sachs, Citigroup, Deutsche Bank, Accenture and CA Technologies.

How our $10M round compares with funds raised by other companies

Large Market
Accute Need
Low competition
Scalable solution
Residual revenues
High profit margin
Strong endorsements
Distribution channels
Experienced team
Legal environment
Unique advantage

If TransparentBusiness reaches Salesforce’s valuation, your investment would increase in value over 78,000%

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 notable competitors.
  • A strong team which can achieve market domination.

Estimate ROI

Given the traction achieved by TransparentBusiness so far, what is your estimate of the likelihood of TransparentBusiness

Estimated ROI =%
Based on your responses, the value of one share (offered for $1 in the current round) is $ and the value of $100,000 investment is $

1/ IPO price is assumed to be the industry typical $20/share.
2/ In the “success” scenario, the valuation of the company will be the $120B valuation achieved by Salesforce.com on a much smaller market segment.
3/ Better scenarios are not considered out of abundance of conservatism. This estimate is not a guarantee of the results.

The Board of Directors of TransparentBusiness consists of five members:

Silvina Moschini

Founder and President

An award-winning serial entrepreneur, international speaker and author,  Silvina Moschini, has established herself as one of the foremost experts on the digital economy. She is an LinkedIn Influencer, a regular contributor to CNN and a subject of countless articles in the news media worldwide.

Alex Konanykhin

Founder and CEO

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, Alex defected to the United States and was granted political asylum for opposing corruption.

Moe Vela

Moises V. “Moe” Vela, Jr. is a lawyer and the first Hispanic to serve in two senior executive roles in the White House, first as Chief Financial Officer and Senior Advisor in the Office of Vice President Al Gore, and later as Director of Administration for Joe Biden, the Vice President of the United States.

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.

Roel C. Campos


Beginning in 2002, Roel was appointed twice by President George W. Bush and confirmed by the US Senate as a Commissioner of the SEC, serving until 2007. During his tenure, Roel presided over hundreds of complex enforcement cases and rulemakings, involving the full range of federal securities laws.

TransparentBusiness team is working on making transparent verification of billable hours the new standard of public procurement. Such transparency will save billions of dollars to taxpayers, by protecting public funds from overbilling by contractors, see our AvoidOverbilling.com.

As the result of us demonstrating the benefits of TransparentBusiness to politicians across the country, legislators in 32 states have introduced the bills which seek to make such transparency mandatory for government contractors. On the photos, Silvina Moschini, the co-founder of TransparentBusiness, with Joe Biden and Senator Corey Booker.

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

Senator Jim Nielson and Assemblymember Ken Cooley presented Alex Konanykhin CEO of TransparentBusiness, the California State Senate Certificate of Recognition for Economic Development

Excerpts. TheDeal is a media channel of TheStreet.com

... 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 $6,000.

The company's investors in the convertible offering include: ... 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.


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. 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. Legislators in 30 states have already introduced our model bill, demonstrating an irreversible trend towards transparency in public procurement.

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