Valhalla Esports Lounge

Valhalla Esports Lounge

World's first fan-owned Esports Bar!

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Security Type
SAFE
Categories
Other
Min Investment
$30
Offering Date
June 19, 2020
Expected Close Date
September 18, 2020
Target Raise
$50.00K-$250.00K
Deal Notes

$8M valuation cap

30% discount

$50K+ pro rata right threshold

Company Description

Valhalla Esports Lounge is a full service bar and restaurants with a 12 pc arena, free to play consoles, DJ booth, and dance floor. During the day we do esports tournaments and at night we transition to high volume drink service.

Perks

$100+ for Battle for Valhalla shirt!
$250+ Battle for Valhalla shirt, and hat!
$500+ Battle for Valhalla shirt, hat and hoodie.
$1,000+ Battle for Valhalla shirt, hat, hoodie, and sling bag.
$10,000+ All Battle for Valhalla merchandise, plus a yearly esports tournament at Valhalla in your honor.
$20,000+ Once a year lock down in your honor. We will shut down Valhalla just for you and your friends, or whoever you want to invite once a year starting in 2021. You must work with management to pick a date that is convenient for the venue. Cannot be during major festivals like SXSW.

Key Deal Facts

Founded by experts in esports and hospitality with the skills to improve and grow the brand.
If we achieve our vision, Valhalla Esports Lounge will define a new type of restaurant and bars.
Innovative new concept in the rapidly growing esports market.
Has raised over $1.2M from investors.

Use of Proceeds

If $50,000 is raised:

71% -- Rent 15% -- Payroll 10% -- Maintenance 4% -- Wefunder fee

If $250,000 is raised:

46% -- Rent 25% -- Utilities and cleaning 15% -- Payroll 10% -- Operational costs 4% -- Wefunder fee

Management Team / Advisory Board Bios

Hans Goss
Founder/CEO
Hans Goss was an Airborne Infantryman in the US Army serving on the Global Reaction Force. As a member of the GRF he deployed to Haiti and Iraq. In Haiti he received medals for Humanitarian aide.

Reed Woogerd
Director of Operations
Reed Woogerd has created many nightlife and restaurant concepts. Reed specializes in taking a venture from concept to execution.

Deal Notes

$8M valuation cap

30% discount

$50K+ pro rata right threshold

Amount Raised : $9,375
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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