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Security Type
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Non-Voting Equity
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Categories
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Other
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Min Investment
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$223
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Offering Date
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March 06, 2019
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Expected Close Date
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June 05, 2019
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Target Raise
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$10.00K-$107.00K
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Deal Notes
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Price per Share: $2.23
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Valuation
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$20,070,000
Company Description
Dragon Cloud is a USA-based web development agency that aims to revolutionize the future of high-quality, and results-driven, staffing solutions by building a quality-centric online freelance marketplace. Dragon Cloud connects clients with contractors capable of handling their projects, pre-screened for relevant skills and expertise. Dragon Cloud enables contractors to get more work regularly and clients to get better quality results by reducing operational friction through streamlined project management systems and a proven screening process.
Perks
$500 - $999: Your client account on our marketplace will be marked as fee-free for three months.
$1,000 - $4,999: Your client account on our marketplace will be marked as fee-free for six months.
$5,000 - $9,999: Your client account on our marketplace will be marked as fee-free for one year. You'll also get 5% more shares for your money!
$10,000 - $19,999: Your client account on our marketplace will be marked as fee-free for two years. You'll also get 10% more shares for your money! Your name or business will receive an honorable mention in the extended list of past investors.
$20,000+: Your client account on our marketplace will be marked as fee-free for life!* You'll also get 10% more shares for your money! We’ll also give you, or the company of your choice, recognition as an investor-partner near the top of the homepage of our marketplace website, through the use of a logo or your picture. The logos will be displayed in order of the highest investment first. Space is at a premium, so we're only offering this perk to the 10 investors who have the highest investments at this level. That means that the earlier you invest, and the more you invest, the higher up your logo will be, and that’s especially useful in a mobile-first world! (If you're not one of the 10, you'll get placed in the list at the top of the page where people can view the extended list of past investors.)
Use of Proceeds
Intermediary Fees: 6%
Debt Payoffs: 94% - 30%
Marketing: 0% - 53%
Debt Payoffs: 0% - 30%
Misc: 0% - 11%
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative; Inter company debt or back payments
Management Team / Advisory Board Bios
Rick Mac Gillis - CEO & Director
Rick started out as a web developer in 2003 (16+ years of experience.) He's the author of “The New Frontier in Web API Programming,” and he engineered a library of popular software algorithms (HackFastAlgos.) He has personally completed hundreds of projects, and is indirectly trained by Robert Martin: the father of the modern Agile software movement and clean coder.