What valuation is we getting in on

Hey Xavier, The terms are an MFN (most favored nation) SAFE - so as we are negotiating with other major investors - you will end up getting the best terms we negotiate with one of them. But to pin it around a number for you, we are targeting a $2m cap.

Looks like this raise is only for $20k at this time. What valuation will it be at - there's no valuation listed yet. And when you raise for the full $300k, will the valuation be higher?

Hey Craig, The SAFE is an MFN (most favored nation) - meaning you will get the best terms we end up signing pre-equity round. We have a minimum set for $20k here, but have our cap set for $300k on Wefunder. We are also in the process of raising larger checks from accredited investors - when one of them close, you ended up getting the best terms negotiated. We are targeting a $2m cap.

1. Didn't realize that the app isn't listed on play store. How does one download? 2. You mentioned a freemium model. What is the monthly subscription fee for 'premium'? Are there going to be tiers? (Eg. Free, Premium, Gold).

Hey Jaspreet, 1) currently we are only available on iOS - but the new version will be release for Android as well 2) We are starting with 2 tiers - Free and Premium. The premium model will be $10/month.

Besides the premium model what are all the other ways the company produces income?

Hey Jake,Currently, premium is the only implemented way. We are exploring other options as new features are added some examples of things we are exploring are restaurant ad buys for the free tier and small fees towards the restaurants for when a user redeems. There are others we are looking into, but they would require more extensive features to make them reasonable.

I am new to crowdfunding. When I invest when and by what means do I get my Investment funds returned?

Hey Charlie,As a disclaimer I highly recommend doing extra research on startup investing as I am not a lawyer.Investing in young companies is high risk investment and one that is also typically long term. To see your investment returned could take years (often around 8-10 years). To further clarify, as a high risk investment there is also a real probability that the company can go bankrupt and you get nothing in return.With that cleared up - there are several ways you will see you...

AppApp Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

90+ partner restaurants in NYC including: Sen Sakana, Sparks Steakhouse, Obica Mozzarella Bar, and Le Rivage.

Version 2 released October 6th, 2019

250+ Monthly Active Users.

User spend per appetizer redemption is ~$45 at partner restaurants.

We DO NOT pay for appetizers; they are covered 100% by the restaurants.

AppApp

Complimentary appetizers whenever you dine out

$423,161

What Investors Say

AppApp

Quick facts

Team profiles

$423,161

What Investors Say