Question 1

Can you tell what does Collab-funding event of your choice as well as $10,000 in Creator Crowdfunding Platform Credits mean?

Accepted Answer

Hi Ankit, Thanks so much for the questions. Both of these perks are more oriented towards crowdfunding creators, but could be used by fans and backers as well. First: Collab Event of your choice. Collaborative funding (backerkit.com/collab-funding) has been our fastest growing segment on the platform. One of the powerful ways that has happened is by smaller groups of creators making their own, community run events. To date, we’ve worked with a select group of trusted creators to enable them t...

Question 2

Hello! Are you intending to go public with an IPO in the near (~5 years or less) future?

Accepted Answer

We are still considering multiple potential paths for investor returns, including an acquisition, IPO, stock buybacks, or dividends. We are focused on long-term growth as we we reinvent crowdfunding for the creator economy, so that liquidity event could be more than 5 years out.

Question 3

Are there any guarantees that equity purchased now won't be diluted down in the future?

Accepted Answer

Like any (startup) investment, there’s no guarantee against future dilution. That said, we’re focused on raising capital strategically and building long-term value. As the company grows, future funding rounds may occur. Overall, our goal is to increase the value of the business.

Question 4

are there any potential issues with me as a foureign investor (UK) investing in an american company in the current economic climate?

Accepted Answer

Hey Greg, I appreciate the question and understand why you are asking it. Wefunder supports investors from all over the world. According to Wefunder documentation, investors from UK are welcome: https://help.wefunder.com/investing/who-can-invest.

Question 5

We are evaluating participation and have reviewed the investment terms and details of the SAFE. We would now appreciate clarification on several investor-focused points before considering further engagement. Specifically, we are seeking clarity on whether there is a realistic ...

Accepted Answer

We are still considering multiple potential paths for investor returns, including an acquisition, IPO, stock buybacks, or dividends. We are focused on long-term growth as we reinvent crowdfunding for the creator economy, so that liquidity event could be more than 5 years out. We want to remain independent like our creators for as long as makes sense. As the company grows, future funding rounds may occur. Given this is our first significant funding round in 13 years as a company, we know how t...

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