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Security Type
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Debt
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Categories
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Retail, Entertainment, Technology, Community & Lifestyle, Consumer Goods & Products
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Min Investment
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$100
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Offering Date
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October 09, 2019
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Expected Close Date
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April 29, 2025
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Target Raise
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$20.00K-$529.00K
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No. Investors
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226
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Security Price
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$1.12
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Deal Notes
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$1.10 per share
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Valuation
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$16,425,000
- Number of Employees
- 4
- Cash
- $49,622
- Revenue
- $698,844
- Short Term Debt
- $273,678
- Cost of Goods
- $80,268
- Long Term Debt
- $95,731
- Net Income
- $-101,156
Company Description
Built by collectors for collectors (and now owned by collectors), hobbyDB is the ultimate home for collectors and fans worldwide. With a powerful and detailed database of collectibles, you can explore any fandom, track your collection, and use our secure marketplace to safely buy and sell.
Key Deal Facts
User collections total 30 million items worth $624 million - all ready to be sold on our marketplace eventually.
CEO ran the world’s largest set of collector forums and founded the biggest eBay business in Europe with $40M GMV.
We’re poised to conquer an underserved, $450 billion market comprised of 75 million collectors.
Our marketplace offers over 84,000 SKUs for sale with 42% growth in the last quarter.
We’ve already partnered with big names in the collectibles industry including Funko, Hard Rock Cafe, Mego, and Topps.
$4 million in capital raised previously, from famous Producer Adam Goldberg, Techstars and 39 Angel Investors.
User wish lists house 8 million items worth $553 million - just waiting to be snapped up the minute they come up for sale on hobbyDB.
Be a part of the exciting next phase for the hobbyDB family including a brand new Pop Price Guide App and a modernized Toy Peddler!
Use of Proceeds
Operations, App Development, Additional Team Members, Wefunder Intermediary Fees
Management Team / Advisory Board Bios
Christian Braun
Collector of Collectors & CEO
Ran the world's largest set of forums for collectors and founded the biggest eBay business in Europe. Financed his MBA by selling collectibles and worked for Bain & Company and GE Capital.
Alexandra Lindsay
Connector of Collectors & Marketing
Built a large ancestry community/SAAS business, acquired by a top three genealogy site. Worked for Forrester.
Andrew Adamides
Crafter for Collectors & Product
Certified Scrum Product Owner, 15 years entertainment and pop culture industry experience with companies including the BBC & Fox.
Reveal the Score by Voting
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Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.