Akamai Basics

Akamai Basics

Revolutionizing Personal Care Products & Routines

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Security Type
Revenue Sharing
Categories
Other
Min Investment
$100
Offering Date
April 19, 2019
Expected Close Date
July 18, 2019
Target Raise
$75.00K-$300.00K
Deal Notes

7.5%of revenues

1.5X payback multiple

The company will pay investors 7.5% of revenues each quarter until 100% of your principal is returned plus 200% on top.

Company Description

Revolutionizing Personal Care Products & Routines

Perks

$100+ Happy hour celebration and "meet and greet" in Boulder.
$250+ Essentials Starter Kit. Non cumulative. Note: Essentials starter kits will be shipped for free within 3 months of the close of the investment round.
$500+ Essentials Starter Kit + $50 product credit, + kickass hat.
$1,000+ Essentials Starter Kit + $100 product credit + kickass hat.
$2,500+ Essentials Starter Kit + $250 product credit + kickass hat.
$5,000+ Essentials Starter Kit + $500 product credit + kickass hat.
$10,000+ Essentials Starter Kit + $1,000 product credit + kickass hat. Your name added as a official supporter to our about us page (optional for investor)

Use of Proceeds

Hire Staff, Inventory and New Product Development, Marketing, Patent Filing, Research Study, Website Improvements

Management Team / Advisory Board Bios

Vincent Cobb - Leads Sales & Marketing, Prod. Dev. Co-Founder
Seasoned entrepreneur & brand builder. Leverages the web & ecommerce for good. Runner.

Marni Shymkus - Leads Operations and Formulations. Co-Founder
25+ years exp. in biz mgmt, strategy and ecommerce with a passion for natural wellness and minerals.

Nathan Joblin - CFO /Advisor
Finance & Admin Dir. for leading Social Enterprises, incl. Social Venture Network & Investors Circle

Deal Notes

7.5%of revenues

1.5X payback multiple

The company will pay investors 7.5% of revenues each quarter until 100% of your principal is returned plus 200% on top.

Amount Raised : $89,175
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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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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
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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