Security Type
CAFES
Categories
Software, Entertainment, Technology, App, B2C, Minority Founder, Female Founder, Mobile Apps
Min Investment
$100
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$199.00K
No. Investors
116
Security Price
$1
Number of Employees
3
Cash
$13,935
Revenue
$366
Short Term Debt
$1,106
Cost of Goods
$0
Long Term Debt
$0
Net Income
$84,414
Key Deal Facts
🥾 Bootstrapped to Over 12,000 Users in New York City
Management Team / Advisory Board Bios
Julie Griggs Co-Founder of Fourplay Social* Graduated as the recipient of the Dean's Award of Excellence for Outstanding Service from the Rutgers University Physician Assistant Program
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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.
