A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $12.5M eventually.
Civilized Cycles’ potential as a Light Electric Vehicle (LEV) Platform is BIG! Their patents on meaningful features that make it easier to ride the eBike also help businesses put the same features to great use in safe, efficient and “green” commercial applications - such as “last mile delivery” in the logistics industry. I like the meaningful features - such as auto adjusting suspension, kinetic management system and geofencing enable a comfortable, safe ride and the design is attractive. Being an owner of Italian e-bikes, I find Civilized Cycles product is superior and industry leading. Zach, Marc and Fritz have a vision that will capitalize on the Consumer and Commercial potential for the e-bike platform and I can see the high impact the product(s) will have on offering comfortable, safe and effective mobility solutions to consumers and businesses as well.