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Security Type
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CAFES
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Categories
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Social Impact, Food & Bev, Healthcare & Medical, Community & Lifestyle
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Min Investment
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$200
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$250.00K
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No. Investors
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23
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Security Price
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$1
- Number of Employees
- 2
- Cash
- $507
- Revenue
- $358
- Short Term Debt
- $88
- Cost of Goods
- $684
- Long Term Debt
- $0
- Net Income
- $-58,800
Key Deal Facts
🏆 Multi-flavor line already launched on Amazon & Shopify
🏔Sponsor for The Mountain Guides, Crown City Classic, International Climbers, & more
🌱 Work w/ eco-conscious vendors, donate a % of profits to conservation efforts, use US-sourced prickly pear
🤝 Plan to distribute in gourmet retailers (Erewhon, Mother’s Market, Gelson’s) & online markets (Thrive, Fresh Direct)
📈 Ready to launch powder packets w/ less emissions waste than RTD variety
💸 Alternative water market $5.4B & growing; cactus water an overlooked solution for sports-hydration
🍏Serial woman founder with experience building food & bev/media businesses
💪Certified Women Owned Business
Management Team / Advisory Board Bios
Elyse Sara FounderFounder of multiple businesses, including Canteen Works, a successful commercial production company, creating commercials for national brands, such as Starbucks, Coca Cola, and McDonald's., Ruth Wong Brand ManagerHolds a Civil Engineering degree and spearheaded PS20 to win the NYC Wellness Council of the Year Award in 2018.
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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.
