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Security Type
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CAFES
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Categories
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Food & Beverage, Retail, Consumer Goods & Products, Health & Fitness, Childcare, Financial Services
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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-$618.00K
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No. Investors
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124
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Security Price
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$1
- Number of Employees
- 4
- Cash
- $137,312
- Revenue
- $4,049,671
- Short Term Debt
- $180,501
- Cost of Goods
- $3,135,518
- Long Term Debt
- $1,114,393
- Net Income
- $-87,114
Key Deal Facts
On the shelves of 6 retailers including Target, Walmart, and Sam's Club.
$4.3M in sales last year.
$400M exit target.
Management Team / Advisory Board Bios
Joseph Blanch FounderJoseph has a B.S. in Mechanical Engineering and previously designed smart kitchen technologies at Hall Labs., Solanda Moran-BlanchCo-FounderSolanda has a B.S. in Public Health. As a mom of four little girls, she is passionate about helping parents and kids thrive., Allison DuggerCOOAllison has a Master's degree and impressive background in college athletics. She started her own business before joining GoBe as the COO., Randee GilmoreCIORandee is a passionate social impact leader with a strong background in marketing. She launched a business at the onset of the COVID-19 pandemic and grew company revenue 112% from 2020 to 2021., Angela Stockdall CFOAngela provides clarity and confidence to decision makers by utilizing data driven metrics. This enabled a construction company to scale from $25M to $100M in revenue.
Reveal the Score by Voting
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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.