Security Type
CAFES
Categories
Technology, Minority Founders, Real Estate, Product, Minority Founder, Real Estat
Min Investment
$100
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$250.00K
No. Investors
593
Security Price
$1
Valuation
$1,178,000
Number of Employees
0
Cash
$53,559
Revenue
$31,689
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$1,400,000
Net Income
$17,757
Key Deal Facts
Own cash-flowing asset for $250
Management Team / Advisory Board Bios
Philip Michael CEO, NYCEAs head of NYCE, Philip’s led NYCE to a record-setting raise, built the NYCE app, while adding $211M in AUM during a pandemic. Has 152K followers on Instagram., Martin Braithwaite Co-Founder, NYCESlapped with a $324M price tag, Martin Braithwaite is an FC Barcelona striker alongside Leo Messi. As CVO, Martin is responsible for the overall long-term vision of NYCE.
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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.
