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Security Type
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CAFES
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Categories
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Retail, Technology, Financial Services, Community & Lifestyle
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Min Investment
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$100
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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
- 6
- Cash
- $2,081
- Revenue
- $0
- Short Term Debt
- $14,315
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-12,421
Key Deal Facts
A massively unmet need with a monster global TAM ($300B) and a mission for financial wellness 💸
>91% of GenZ & >25% of Millennial's learn about investing through social media 🤳🏻
Overwhelmingly positive validation from Key Leaders and our 200+ Beta Users ❤️
Highly experienced & talented team of ex-FAANG leaders & engineers 💪🏻
Multiple renowned finfluencers onboard for launch (Over 2M+ followers already) 🎬
Investing in Verde = Supporting Financial Literacy & Promoting Social Investment Transparency
Management Team / Advisory Board Bios
Goutam Mohan Cofounder & Co-CEO10 years of Software Development & Product Management Experience | Lead enterprise & startup high performing teams | Part of a startup with a $925M exit, Vijay Krishnan Cofounder & Co-CEOExperienced at scaling & growing B2C platforms, content creation, digital & social media | Ex-Amazon (AWS & Marketplace) | Georgia Tech Alum, Dwarak Ramachandran CTO20 years of Experience building scalable software | Tech Guru | Cloud Specialist | Advisor to multiple Cloud, AI, IOT startups
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The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
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.
