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Security Type
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CAFES
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Categories
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Technology, Other, Infrastructure
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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-$124.00K
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No. Investors
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22
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $10,402
- Revenue
- $0
- Short Term Debt
- $79,243
- Cost of Goods
- $0
- Long Term Debt
- $36,680
- Net Income
- $-130,024
Key Deal Facts
The construction & service industries need people and are under-served - annual market size $2B.
We are a flexible hiring platform for the trades, focused on needed licenses, certs, & skills.
Our team has decades of experience in the trades. We're solving problems we know firsthand.
As our climate changes, it’s critical to have people to create, install, and maintain new systems.
Attracting a new generation requires new perspective, flexibility and a path to entrepreneurship.
Positive user study feedback, one participant said, “This is great! Solves problems on both sides”.
The trades offer a great alternative to college and represent positions in high demand.
Tapping into 5% of the local market generates revenue of $5.7M annually, 5% nationally is $134M.
Management Team / Advisory Board Bios
Tracy Teutsch CEO / FounderI have 20 years of sales, operations and management experience in the construction and service industries. With a history as an entrepreneur, I believe in solutions. I've brought together an experienced team who's working behind the scenes ready to join.
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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.