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Categories
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Hospitality, Sustainability, Entertainment, Real Estate, Retail, Community & Lifestyle, Travel
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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-$4.68M
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No. Investors
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68
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Security Price
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$1.94
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Valuation
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$15,000,000
- Number of Employees
- 3
- Cash
- $48,656
- Revenue
- $0
- Short Term Debt
- $97,331
- Cost of Goods
- $0
- Long Term Debt
- $100,716
- Net Income
- $-83,890
Key Deal Facts
A lifestyle club on 4 solar-electric boats, creating an extraordinary villa
Tier 1 (of 3) membership applications closed; Now taking applications for Tier 2
Location identified; US Coast Guard aware; Vessels going into production this Fall
Stable Projected Margins of $8.50M (yr 1) rising to $9.46M (yr 5) per city (not guaranteed)
Launching in Miami followed by NYC, SF, LA, Paris, Istanbul, Dubai
Investment into parent company benefits from all future locations
Founders from Wall Street (Bear Stearns) & luxury brand management (LVMH)
Management Team / Advisory Board Bios
Sam Payrovi CEO, Co-Founder14-year investment banker turned serial entrepreneur. Graduating from UCLA with dual degrees, in 2001 he joined Bear Stearns’ market-leading mortgage analytics F.A.ST. group., Nathalie Paiva CXO, Co-FounderDrawing on marketing standards from years of in-house work with such global luxury leaders as LVMH, Nathalie has extensive experience developing strategy & communication plans for high-touch, service-oriented brands.