Popshop

Popshop

Book flexible retail space (Bricks) or launch your e-comm store (Clicks)

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Security Type
Crowd SAFE
Min Investment
$100
Location
New York, NY
Offering Date
September 04, 2020
Expected Close Date
December 12, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

No Discount

Company Description

Vision To create a global community of brands where anyone can unleash their visionOur vision for Popshop is to create a platform that allows anyone anywhere in the world to be apart of our community and create, launch, and successfully manage their brand. We want to make the process so simple that anyone can launch their business, regardless of their technical abilities.Our founders know first hand the challenges for both retailers and landlords and we are determined to help. By the time we are done, launching your brand will feel like magic!

Key Deal Facts

Platform that lets users book flexible retail and/or launch online stores
1.6K brands in the community, including Goop, Marc Jacobs, and Stance
$140B+ serviceable market
$3.15M in booking volume to date
855+ retail spaces across 5 countries and 90 cities
15% booking fee (80% gross margin on transactions)
Mobile app (iOS and Android)

Management Team / Advisory Board Bios

Nathan Franco - Co-founder & CEO

Efrayim Ahdut - Co-founder & COO

Sean Auriti - CTO

Georgie Zilli - Marketing Director

Deal Notes

No Discount

Amount Raised : $187,627
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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