WEBVTT

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>> GERRY: A ONE-STOP PLATFORMFOR CANDIDATES AND ELECTEDOFFICIALS TO MOVE THEIR CAMPAIGNFORWARD IS MOVING FORWARD

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ITSELF.IN ITS FIRST YEAR,INDIANAPOLIS-BASED POLITICALBANKSAYS IT HAS ATTRACTED MORE THAN

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800 CANDIDATES FROM ALL 50STATES, CLOSED ON A $500,000ROUND OF FUNDING AND IS OPENINGA NEW OFFICE.

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FOR MORE ON THE STARTUP'S GROWTHAND WHAT'S NEXT I'M PLEASED TOBE JOINED BY CO-FOUNDERS ADAMBERRY AND FRANK SHORT.

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GENTLEMEN, WELCOME TO THEPROGRAM.ONE YEAR LATER, ADAM, YOU TALKABOUT POLITICAL BANK, THE IDEA

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IS TO CREATE AN ONLINE POLITICALMARKETPLACE.>> THE FIRST YEAR WE FOCUSSED ONCREATING THIS CAMPAIGN IN A BOX

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EXPERIENCE FOR CANDIDATES.CANDIDATES HAVE THE LARGEST PAINPOINTS.IF WE CAN MAKE IT SIMPLER FOR

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FOLKS TO RUN FOR OFFICE, THATIMPROVES THE DEMOCRATIC PROCESSAS A WHOLE.CERTAINLY THE LONG-TERM VISION

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IS TO CREATE THE FIRST-EVERPOLITICAL MARKETPLACE.>> Gerry: THIS CAMPAIGN IN ABOX, IF YOU WILL, WHAT DOES

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POLITICAL BANK PROVIDE ACANDIDATE.>> A PRECAMPAIGN WEB SITE.THEY NEED A WEB SITE, AND A

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CAMPAIGN MONEY.THEY LINK TO SOCIAL MEDIA, ANDOF COURSE CONNECTING VOTERS INUNIQUE WAYS.

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>> FRANK, THE PROOF IS IN THEPUDDING, YOU'RE A YEAR INTO THISNOW AND YOU'VE ATTRACTED SEVERALHUNDRED CANDIDATES.

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>> WE HAVE 800 CANDIDATESREPRESENTING ALL 50 STATES.THE THING I THINK IS IMPORTANTTO REMEMBER, GERRY, POLITICAL

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BANK IS FOR THE LOCALCANDIDATES.SOMEONE RUNNING IN A $50 MILLIONRACE DOESN'T NEED OUR HELP.

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WE'RE WORKING WITH LOCAL SCHOOLBOARD CANDIDATES, A CANDIDATEWHO RAISED MONEY ON OUR SITERUNNING IN A THREE-WAY RACE.

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WE'RE GOING TO HAVE A STUDY THATOUR EFFORTS HELPED HIM.THEY CAN DONATE ON THE SITE,THEY CAN VOLUNTEER ON THE SITE,

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AND HE'S RUNNING HIS ENTIRECAMPAIGN OFF OF OUR PLATFORM.>> POLITICAL BANK RAISED MOPE,CLOSED ON A ROUND OF FUNDING,

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YOU HAVE ANOTHER ONE IN THEWORKS.>> WE CLOSED ON THE FIRST ROUNDOF FUNDING, $500,000, AND WE

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ANTICIPATE THE NEXT ROUND DOUBLETHAN THAT.IN TOUCH WITH A COUPLE DIFFERENTGROUPS.

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>> AN OFFICE IN BROAD RIPPLE,AND THE NEAR-TERM HERE, ADAM, WEWERE TALKING OFF CAMERA, YOU'REEVEN GETTING INTERNATIONAL

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INTEREST.>> THAT'S RIGHT.I WAS MEETING WITH VISITORS IND.C., AND WAS -- INVESTORS IN

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DC, AND THE JAPANESE GOVERNMENTWHO THOUGHT IT MIGHT BE A GOODIDEA IN JAPAN.WE'RE TRYING TO EXPAND INTO THE

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FOUR CORNERS OF INDIANA, ITMIGHT BE PREMATURE.>> Gerry: WHAT IS KIND OF THEMAGIC ABOUT THIS IDEA, IN THIS

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POLITICAL WORLD WE LIVE IN NOW,IN THIS CRAZY ELECTION CYCLE.CANDIDATES WANTING SOMENORMALCY, AND PLACE TO REALLY

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STREAMLINE EFFORTS?>> I THINK SO.I THINK THE OTHER THING TOREMEMBER, AGAIN, THE ELECTORATE

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IS CHANGING.WE STILL BELIEVE THE CONCEPT ISTRUE, THE NEXT ELECTION, THE2010 ELECTION, ALL 90 MILLION

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MILLENNIALS WILL BE ABLE TOVOTE, THEY WANT TO VOTE ON ASMARTPHONE.THEY'RE GOING TO COMPRISE 40% OF

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THE VOTING BLOCK.