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Security Type
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CAFES
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Categories
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Technology, Entertainment, Crypto & Blockchain, Retail
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Min Investment
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$100
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.00K-$500.00K
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No. Investors
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78
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Security Price
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$1
- Number of Employees
- 5
- Cash
- $50,483
- Revenue
- $0
- Short Term Debt
- $239,213
- Cost of Goods
- $0
- Long Term Debt
- $3,130,563
- Net Income
- $-943,883
Key Deal Facts
150,000 users, +230% organic growth YOY
$2m revenue run rate for 2023
Retention 24% above industry average
CEO previously co-founded Blue Skies Ventures, 15+ investments, bootstrapped, no outside capital
$2m previously raised through crowdfunding
Leadership Team with gaming, metaverse and blockchain experience (Twitch, Figment, Stakez Capital)
Adding Web3 through PvP Token Launch and Gaming NFT Marketplace
Own 3-letter URL pvp.com, PvP is the most recognizable gaming acronym in the world
Management Team / Advisory Board Bios
Phil Stover Co-founder & CEO2x Founder
Previous bootstrapped venture studio has 15+ investments, active today, Stephanie Nijssen CMOPart of inSided team acquired by Gainsight, multiple journalism awards for innovation, Founder, Stakez Capital, Chris Gray Co-founder & CTOCo-founder and Game Master for Netizen Islands, one of the earliest online gamer social communities, Marcella de Bie Head of Influencer StrategyTwitch Partner, streamer, influencer, and regular face on Twitch.tv., Bartosz Hejman Lead DeveloperCo-founder of the largest NFT Marketplace on VeChain called VeSea.
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
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.