I am not sure how much is the valuation of the company? Do i benefits from the valuation increase? Let’s say I invest $10k how much returns do i get? What prevents company from using the profit to expand to avoid pay out?

The valuation of the company is difficult to specify since it depend on the amount of money raised and because we are accepting a range of investments. You would benefit from an increased valuation only if the business is sold, which is unlikely. There are no assurances regarding returns, but based on my projections, all investments would be recouped in 2.59 years with a 38.59% return annually before your investment is recouped and a 13.54% return annually after that point. For a $10k investm...

I am an Asian citizen and resident. Are you accepting investments outside the US? I love your business model!

Hi Yousra! I appreciate your interest. We are accepting investments from outside the US. As long as you don't have interest in an alcohol distributor or more than 5% interest in both Bad Idea and an alcohol manufacturer we should be in good shape. Sorry for the delay. I wanted to check with my attorney.

Hi there- when does this round of funding plan to close?

Hi John, We'll close once we have the minimum ($467K) in escrow. The counter on the page shows reservations, so we just have to have a few more folks to finalize their agreements.

Hi there- for profit share terms, where it says "unitholders receive 75% of company net profits until their original investment is recouped", does that mean original investment of what the individual investor invested? Or the original investment as a whole (for instance, right...

It means all investment. We have $717,000 as our WeFunder maximum and $283,000 of interest from before the WeFunder raise, but all investment is under the same terms.

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

🍷 Owned and operated by the former wine director of Bastion and Henrietta Red

🍴Food with tasting menu creativity in a down-to-earth atmosphere.

🌍 Focused on wine education and exploration

📌 Located one block from 5 Points in a recently converted church

Bad Idea

A new wine bar coming to East Nashville

$725,920

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Bad Idea

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$725,920

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