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Security Type
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CAFES
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Categories
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Food & Beverage, Retail, Community & Lifestyle, Restaurant
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Min Investment
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$500
Key Deal Facts
Austin’s beloved Asian fusion brand since 2017, with 3 stores, 1 stadium venue, 1 central kitchen
Over 90% of customers are non-Asian, demonstrating wide and mainstream American acceptance
77.5% pickup/delivery orders reflect convenience and a strong path for smaller-footprint expansion
Management Team / Advisory Board Bios
$1M+ Revenue
Earned over the last 12 months, Alex Wu Co-Founder & CEOAlex Wu, CEO of Bao’d Up, combines tech expertise with a passion for food and strong leadership. Driven by innovation, he’s championing the bao revolution and laying the groundwork for a fast-growing future, Ting LinCo-Founder & Executive ChefTing, co-founder and chef at Bao'd Up, crafts culinary magic, blending tradition with modern flair. His baos are not just meals, but stories wrapped in dough.
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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.
