Lustro Comments

Discuss this Deal with other Investors

Dockshare

Airbnb for Docks and Boat Slips

Print
Claim My Business
Security Type
CAFES
Categories
Technology, Community & Lifestyle, Travel, Other
Min Investment
$250
Location
Towson, MD
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$1.24M
No. Investors
115
Security Price
$1
Website
dockshare.app
Number of Employees
2
Cash
$1,092
Revenue
$4,610
Short Term Debt
$0
Cost of Goods
$4,610
Long Term Debt
$158,438
Net Income
$-49,142

Key Deal Facts

Over 250 dock listings throughout the U.S. First revenue in under 2 years Experienced team has formed multiple successful businesses 120% increase in booking requests over the last 6 months Well-developed platform with 1200+ active users Recent Graduates of the 4th Wave of the esteemed Washington Maritime Blue Accelerator 20+ year veterans of recreational boating industry

Management Team / Advisory Board Bios

Nate Young Co-founder and CEOFlipped over 100 homes in Maryland // Owns 14 income generating properties // Bi-racial boater with a passion of bringing diversity into the recreational boating world, Gina Perrone Co-founder and COOReal estate investor, Founder of staging company, Lauren Pearlowitz Product ManagerSuccessful exit from another startup, works with a variety of international partners, Laura Scharle Marketing Coordinator & Customer Relations ManagerFounder of outdoor recreation company, Obtained Merchant Mariner Credential (OUVP/6PAK)

Amount Raised : $150,625
Reveal the Score by Voting
_
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.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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
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.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments