{"data":{"type":"company_profile","id":58811,"entity_id":"wefunder:company:58811","attributes":{"canonical_url":"https://wefunder.com/fancy","generated_at":"2026-06-04T01:17:54Z","updated_at":"2026-06-02T05:00:29Z","entity_ids":{"company":"wefunder:company:58811","slug":"wefunder:company_slug:fancy"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-04T01:17:54Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-02T05:00:29Z","as_of":"2026-06-04T01:17:54Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-02T05:00:29Z","as_of":"2026-06-04T01:17:54Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T01:17:54Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T01:17:54Z","confidence":"medium"}}},"company":{"id":58811,"entity_id":"wefunder:company:58811","slug":"fancy","name":"Fancy.com","tagline":"A unique social commerce platform to discover, share, and shop amazing products.","elevator_pitch":"We are the \"Anti-Amazon.\" Users come to Fancy to discover and shop extraordinary products from purpose-driven brands across the world. A purpose-driven brand is motivated by their core mission. They exist to meet a need in society, and that purpose informs the brand's vision, mission, story, visual identity, and decision-making. Consumers are no longer investing their time and money in commoditized products. They want to buy from companies that stand for a purpose.","story":"Fancy combines community, commerce, and content creating a unique social commerce platform to discover, share, and shop a curated collection of extraordinary lifestyle products. 💰 Investors incl. Jack Dorsey (CEO of Twitter), Francios-Henri Pinault (CEO of Kering, owns Saint Laurent, Gucci), and more.... and Carlos Slim (billionaire, business magnate), Will Smith, and more. Why?\u0026nbsp;To date,\u0026nbsp;12M+ people from 135+ countries\u0026nbsp;have come to Fancy to discover, share, and purchase the most interesting, unique, lifestyle products in the world.\u0026nbsp;💪 People want Fancy.Since our inception, we’ve grown rapidly to carve out a unique space—providing a destination to discover a curated collection of the most interesting and socially-relevant products in the world.✅ Our platform solves one problem.No other platform offers the combination of content, commerce, and community for buyers and sellers📈\u0026nbsp;This is an untapped market opportunity.The market opportunity is huge, with Fancy already positioned as one of the top players in the global lifestyle goods market.In the US alone, retail e-Commerce is booming.At $374 million in 2020... expected to grow to $476 million in 2024. 💸\u0026nbsp;Our business model WORKS.With 10+ years in operation, we know our model works — and we’re only going upwards from here. Our end goal is a liquidity event within the next 3-5 years. 📊 The future is bright! Here's what's next for Fancy...We’ve created a clear path for growth in 2020 and beyond. Here’s what your funding will help us achieve: 🗞 What the press has to say...🧢 Investor perks — what you'll get🙏\u0026nbsp;Join us!Help us\u0026nbsp;power social-driven discovery through engaging user experiences and high-quality lifestyle images.","location":"New York, NY","website":"https://fancy.com/","total_amount_raised":459550,"total_investors":681,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/fancy","https://fancy.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/58811/xxl_cropped_Untitled_design.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/58811/large_cropped_Color-Icon.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/58811/standard_cropped_Untitled_design.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/58811/standard_cropped_Untitled_design.jpg","profile_video_url":"https://wefunder.wistia.com/medias/rishzp1s1i"},"links":{"company_url":"https://fancy.com/","twitter_url":"httpstwittercomloginerrorusername_or_emailmargaquijanoredirect_after_login2Ffancy3Fref_src3Dtwsrc255Egoogle257Ctwcamp255Eserp257Ctwgr255Eauthor","facebook_url":"https://www.facebook.com/fancy","instagram_url":"http://instagram.com/fancy"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"📈 900K+ monthly active users, 2.7M+ active app installations, and 1.1M+ daily email subscribers."},{"index":2,"claim_id":"claim-fact-2","value":"💰 Prev. investors incl. General Catalyst, a16z, Jack Dorsey, Will Smith, and Carlos Slim."},{"index":3,"claim_id":"claim-fact-3","value":"🌎 12M+ accounts and 2M+ lifetime transactions across 135 countries."},{"index":4,"claim_id":"claim-fact-4","value":"🙏 T-Pain is our \"VP\" of Product Testing."},{"index":5,"claim_id":"claim-fact-5","value":"📊 $324B global luxury goods market and growing."},{"index":6,"claim_id":"claim-fact-6","value":"💪 We have an established lifestyle brand, featured by Vogue, Rolling Stone, Forbes, and Apple."}],"team":[{"id":899787,"entity_id":"wefunder:company_role:899787","user_entity_id":"wefunder:user:761895","role":"founder","name":"Greg Spillane","title":"CEO","bio":"As a serial entrepreneur with multiple exits, Greg’s passion is building high-growth technology companies. Former Division I athlete and holds an MBA from the University of Southern California, Marshall School of Business.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/899787/square_cropped_Screen_Shot_2020-05-13_at_1.51.46_PM.jpg?1596664611","profile_url":"https://wefunder.com/gregspillane","personal_url":"https://www.linkedin.com/in/spillane/","linkedin_url":"https://www.linkedin.com/in/spillane/","related_urls":["https://wefunder.com/gregspillane","https://www.linkedin.com/in/spillane/"]},{"id":945586,"entity_id":"wefunder:company_role:945586","user_entity_id":"wefunder:user:846720","role":"employee","name":"Nora Murphy","title":"CFO","bio":"Prev. COO at Discourse Analytics, Managing Director in Investment Banking and Principal Investing Ansonia Partners, Associate JPMorgan Investment Banking, MBA from Columbia Business School.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/945586/square_cropped_Screen_Shot_2020-05-13_at_1.51.51_PM.jpg?1600381383","profile_url":"https://wefunder.com/noramurphy","linkedin_url":"https://www.linkedin.com/in/norabmurphy/","related_urls":["https://wefunder.com/noramurphy"]},{"id":1044778,"entity_id":"wefunder:company_role:1044778","user_entity_id":"wefunder:user:985582","role":"employee","name":"David Legacki","title":"CPO","bio":"David is the cofounder/CEO of SameSide. Prior to SameSide, David was part of the leadership team that built and launched Airbnb. He has held senior operations roles at Twitter and Shuddle. He is also a former Navy SEAL specializing in intelligence.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/985582/large_cropped_David_Use_1__2_.jpg?1664397121","profile_url":"https://wefunder.com/davidlegacki","linkedin_url":"https://www.linkedin.com/in/david-legacki-b1608987/","related_urls":["https://wefunder.com/davidlegacki"]},{"id":1135435,"entity_id":"wefunder:company_role:1135435","user_entity_id":"wefunder:user:1090171","role":"employee","name":"Abbey Schoenberg","title":"Head of Marketing","bio":"Visionary and Participatory Marketing Leader with proven ability to create comprehensive marketing strategies and execute channel-specific, relevant programs that engage the target consumer, grow the brand, and deliver upon revenue goals.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1135435/square_cropped_abbey.jpg?1664397121","profile_url":"https://wefunder.com/abbeyschoenberg","linkedin_url":"https://www.linkedin.com/in/abbeyramge/","related_urls":["https://wefunder.com/abbeyschoenberg"]},{"id":1165091,"entity_id":"wefunder:company_role:1165091","user_entity_id":"wefunder:user:144926","role":"employee","name":"Suzanna Rush","bio":"Doing human things","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/144926/large_cropped_Suzanna_Headshot_v2.jpg?1664397121","profile_url":"https://wefunder.com/suz","related_urls":["https://wefunder.com/suz"]}],"featured_investors":[{"id":5293,"entity_id":"wefunder:company_investor_profile:5293","investor_profile_id":560213,"investor_profile_entity_id":"wefunder:investor_profile:560213","subject_entity_id":"wefunder:user:1016689","name":"Michael Balog","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1016689/medium_cropped_6C0A7F35-271F-4C12-8C63-C55B77AAB14F.jpg","profile_url":"https://wefunder.com/michaelbalog","investment_total":202000,"investment_info":"Invested $2,000 this round \u0026 $200,000 previously","is_lead_investor":true,"related_urls":["https://wefunder.com/michaelbalog"]}],"investor_memos":[],"tab_counts":{"posts":8,"ask_questions":95,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":38875,"entity_id":"wefunder:fundraise:38875","state":"successful","offering_type":"506(c)","funding_type":"note","structure":"convertible_note","security_type":"debt","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":250000.0,"funding_started_at":"2020-11-13T17:55:02Z","funding_closed_at":"2020-11-13T17:55:02Z"},{"id":29812,"entity_id":"wefunder:fundraise:29812","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"convertible_note","security_type":"debt","currency":"USD","testing_the_waters":false,"min_purchase":250,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2020-06-03T22:25:12Z","funding_closed_at":"2020-10-31T05:01:37Z","auto_close_at":"2020-10-31T03:59:59Z"}],"latest_fundraise":{"id":38875,"entity_id":"wefunder:fundraise:38875","state":"successful","offering_type":"506(c)","structure":"convertible_note","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2020-11-13T17:55:02Z","funding_closed_at":"2020-11-13T17:55:02Z","terms":{"eb":null,"nb":"$12M","txt":"valuation cap"}},"recent_posts":[{"id":138710,"entity_id":"wefunder:feed_item:138710","type":"FeedItem::Update","visibility":"public","title":"Finalizing This Week. Last Chance to Reconfirm.","preview":"Thanks to all of you who helped make this campaign a success. It's been an exciting few weeks and we are now geared up for a HUGE holiday season.\u0026nbsp;We're finalizing our campaign this week and your investment will be left out unless you reconfirm your investment ASAP.\u0026nbsp;You can do so easily here: http://wefunder.com/fancy/reconfirm","published_at":"2020-11-11T18:32:39Z","author_name":"Greg Spillane","url":"/feed/138710","canonical_url":"https://wefunder.com/feed/138710"},{"id":138416,"entity_id":"wefunder:feed_item:138416","type":"FeedItem::Update","visibility":"public","title":"Kicking off our \"Meet the Founder\" series...","preview":"We just kicked off our meet the founder series. Here is Raffi, the\u0026nbsp;founders and visionary behind one\u0026nbsp;of our favorite brands, Thompson Ferrier. Raffi\u0026nbsp;provides some insights into his own inspirations and why he loves Fancy.\u0026nbsp;\u0026nbsp;Please follow us on Instagram (@fancy) as we will continue to release these on a regular basis.\u0026nbsp;We have some amazing entrepreneurs, designers, and visionaries in our queue.\u0026nbsp;","published_at":"2020-10-22T20:16:40Z","author_name":"Greg Spillane","url":"/feed/138416","canonical_url":"https://wefunder.com/feed/138416"},{"id":137934,"entity_id":"wefunder:feed_item:137934","type":"FeedItem::Update","visibility":"public","title":"Meet the Team and FAQs","preview":"Hi All!!\u0026nbsp;We put together a short video introducing several of our key leaders who\u0026nbsp;address a number of the most frequently asked questions.\u0026nbsp;A few of the\u0026nbsp;areas we cover:\u0026nbsp;Our Head of Marketing, Abbey Schoenfield talks about market differentiation and growth plans. She goes into detail about how we occupy a unique position and how we plan on scaling. She talks about our ideal customer and why the timing is so perfect for what we are doing.\u0026nbsp;Our Head of Product, David ...","published_at":"2020-10-07T01:59:09Z","author_name":"Greg Spillane","url":"/feed/137934","canonical_url":"https://wefunder.com/feed/137934"},{"id":137451,"entity_id":"wefunder:feed_item:137451","type":"FeedItem::Update","visibility":"public","title":"Fancy was featured on UP NEXT IN COMMERCE Podcast.","preview":"Re-inventing a brand and turning engagement into transactions with Fancy.com CEO, Greg SpillaneListen in your favorite podcast appApple Podcasts / Google Podcasts / SpotifyKey Quotes:“The traditional influencer model of, ‘Hey, let me find a micro-influencer. Let me pay him X amount of money, depending on their size. And let me have them do a post talking about our product or driving people to our site.’ The experience that we’ve had ourselves and then with brands that we’ve worked with is, yo...","published_at":"2020-09-17T20:49:28Z","author_name":"Greg Spillane","url":"/feed/137451","canonical_url":"https://wefunder.com/feed/137451"},{"id":137248,"entity_id":"wefunder:feed_item:137248","type":"FeedItem::Update","visibility":"public","title":"Executive Hire - Head of Marketing","preview":"Hello All,\u0026nbsp;I am really excited to announce the addition of Abbey Schoenberg who is joining the Fancy team as our\u0026nbsp;Head of Marketing. https://www.linkedin.com/in/abbeyramge/Abbey has spent the past 12 years gaining experience in direct-to-consumer brands, building campaigns, programs, and strategies to drive brand love and generate growth. From launching new stores and product lines at Forever 21 to leading the global digital brand team at Oakley to driving a direct-to-consumer shift ...","published_at":"2020-09-09T21:31:09Z","author_name":"Greg Spillane","url":"/feed/137248","canonical_url":"https://wefunder.com/feed/137248"},{"id":136999,"entity_id":"wefunder:feed_item:136999","type":"FeedItem::Update","visibility":"public","title":"Video Update - Product Enhancements and Growth","preview":"Video Update - Product Enhancements and Growth","published_at":"2020-08-27T23:11:38Z","author_name":"Greg Spillane","url":"/feed/136999","canonical_url":"https://wefunder.com/feed/136999"},{"id":136763,"entity_id":"wefunder:feed_item:136763","type":"FeedItem::Update","visibility":"public","title":"Perks and Discount Codes","preview":"Hello All,I am humbled deeply by the overwhelming show of support you have demonstrated with our recent crowdfunding campaign. It has been so exciting to see individuals from around the world join us as investors and become a part of the Fancy team.As I wrote to our user base yesterday, eCommerce is booming and Fancy continues to grow and improve. Your investment will support our team in crafting an amazing experience for our community, and you will continue to see positive changes rolled out...","published_at":"2020-08-21T18:21:32Z","author_name":"Greg Spillane","url":"/feed/136763","canonical_url":"https://wefunder.com/feed/136763"},{"id":136762,"entity_id":"wefunder:feed_item:136762","type":"FeedItem::Update","visibility":"public","title":"eCommerce MasterPlan Podcast","preview":"Check out our CEO, Greg Spillane talk everything Fancy on this episode of the eCommerce MasterPlan Podcast with world renown author and eCommerce expert, Chloe Thomas.\u0026nbsp;A curated marketplace with social media at it’s heart, Greg Spillane from Fancy","published_at":"2020-08-17T16:50:48Z","author_name":"Greg Spillane","url":"/feed/136762","canonical_url":"https://wefunder.com/feed/136762"}],"q_and_a":[{"id":198320,"entity_id":"wefunder:comment:198320","question":"I formally ask that Wefunder step in here and seek an investor update ASAP. Providing no updates is a complete and utter lack of respect for those that have invested their hard earned. I’ve tried many avenues to get an update and nothing. Even their customer service team just ignored the mail. Like what is that! Not impressed at all and need Wefunder’s help here….","author_name":"Stephen Gellatly","votes":5,"created_at":"2022-03-27T21:38:56Z","canonical_url":"https://wefunder.com/fancy#question-198320","answers":[]},{"id":156171,"entity_id":"wefunder:comment:156171","question":"Hey Greg!I never received my Fancy.com Hat.Thanks","author_name":"Trayvon Larkin","votes":4,"created_at":"2021-07-04T14:21:37Z","canonical_url":"https://wefunder.com/fancy#question-156171","answers":[]},{"id":193841,"entity_id":"wefunder:comment:193841","question":"Hi Greg, I think myself and other investors would like any kind of update from you guys. Cheers, Chris.","author_name":"Chris Kimber","votes":3,"created_at":"2022-02-24T01:47:09Z","canonical_url":"https://wefunder.com/fancy#question-193841","answers":[]},{"id":193361,"entity_id":"wefunder:comment:193361","question":"Happy New Year Greg! How are you and how is Fancy progressing? Will you be sharing an investor update soon? Looks forward to hearing back from you soon. Sincerely, Baljit","author_name":"Baljit Singh","votes":3,"created_at":"2022-02-20T09:30:12Z","canonical_url":"https://wefunder.com/fancy#question-193361","answers":[]},{"id":94039,"entity_id":"wefunder:comment:94039","question":"Hi Greg, What you have is pretty solid. Fancy will be huge. Im honored to be part of Fancy investors. A+","author_name":"Tan Quan Nguyen","votes":3,"created_at":"2020-06-18T04:07:58Z","canonical_url":"https://wefunder.com/fancy#question-94039","answers":[{"id":96343,"entity_id":"wefunder:comment:96343","answer":"Thanks, Tan. We agree and are happy to have you onboard!","author_name":"Greg Spillane","votes":1,"created_at":"2020-07-03T01:38:16Z"}]},{"id":227819,"entity_id":"wefunder:comment:227819","question":"So did fancy take our money and then shut the site down??","author_name":"Wayne Epps","votes":2,"created_at":"2022-12-06T03:08:13Z","canonical_url":"https://wefunder.com/fancy#question-227819","answers":[]},{"id":216775,"entity_id":"wefunder:comment:216775","question":"And here we are another 6 months down the line and STILL no update for investors. This is absolutely disgraceful and again I ask Wefunder to please take some action as nothing has happened since I last asked months ago. This is pretty important for you guys to get right (across all companies that raise) to have any credibility with investors on the Wefunder platform.","author_name":"Stephen Gellatly","votes":2,"created_at":"2022-08-30T04:21:18Z","canonical_url":"https://wefunder.com/fancy#question-216775","answers":[]},{"id":163852,"entity_id":"wefunder:comment:163852","question":"No update for almost an year?","author_name":"Liesheng Long","votes":2,"created_at":"2021-08-17T01:30:28Z","canonical_url":"https://wefunder.com/fancy#question-163852","answers":[]},{"id":149507,"entity_id":"wefunder:comment:149507","question":"Hi, Am I the only investor who has not received perks yet? I'm coming up on a year now since I invested, and I've had several gift-giving occasions where I've spent my money elsewhere while waiting for my perks to arrive. :-(","author_name":"Tim Kurnik","votes":2,"created_at":"2021-05-18T18:47:18Z","canonical_url":"https://wefunder.com/fancy#question-149507","answers":[]},{"id":94626,"entity_id":"wefunder:comment:94626","question":"Hello, I appreciate your clarification on this, based on crunchase, Fancy.com total funding amount is nearly $124.4M. You are currently valuing your company at 12M, can you please explain this? If your total funding amount is already at +100M, why is your valuation that low?","author_name":"Roy Hage","votes":2,"created_at":"2020-06-21T19:41:34Z","canonical_url":"https://wefunder.com/fancy#question-94626","answers":[{"id":96342,"entity_id":"wefunder:comment:96342","answer":"Hi Roy - Thanks for your astute question. The company experienced massive buzz and growth early in our life and over that period the company raised a great deal of investor capital. This capital was used to invest in our proprietary technology, acquire millions of users and build a world-class brand. However, too often, the inverse of growth is profit, and the company’s losses mounted over time. Eventually, the Board and investors stepped in and restructured the company in 2018 at a significantly lower valuation. A new management team was installed in early 2019 and tough choices were made to complete the turnaround of the business. Ultimately the company is in a much better place for the future. We closed unprofitable business lines, edited our product mix, slashed expenses, revamped the team, and have our eyes laser-focused on profitability going forward. By investing at today’s valuation, you get the benefit of all of the historical investment, all of Fancy’s assets, technology, world-renowned brand name, and a clean focused business plan going forward.","author_name":"Greg Spillane","votes":3,"created_at":"2020-07-03T01:37:48Z"}]},{"id":94495,"entity_id":"wefunder:comment:94495","question":"Is the revenue projection of $13.3M for 2020 still accurate or do you have to revise it downwards to account for COVID related softness in the market? Also, there is a big jump from 13M to 56M for 2021 revenue projection. Can you share some thoughts on what initiatives will result in such dramatic jump in revenue?","author_name":"Vijay K","votes":2,"created_at":"2020-06-20T15:23:05Z","canonical_url":"https://wefunder.com/fancy#question-94495","answers":[{"id":97083,"entity_id":"wefunder:comment:97083","answer":"Hi Vijay, thanks for your question! Like most other companies, COVID has created challenges and complications for our business, but we have actually seen a substantial uptick in traffic and engagement over the last few months, which has been great for the business and our trajectory. We are so happy Fancy has been a place for our customers to spend time, explore, and find comfort and special items during these crazy times. We are feeling good about the 2020 numbers and will be able to invest in growth and customer acquisition as a result of this capital raise to meet our 2021 target.","author_name":"Nora Murphy","votes":0,"created_at":"2020-07-08T23:35:31Z"}]},{"id":311316,"entity_id":"wefunder:comment:311316","question":"I invested in fancy.com through wefunder (or angels and entrepreneur) add I never received any paperwork for my investment. How would I go about getting that information?","author_name":"Mary Willis","votes":1,"created_at":"2025-07-15T09:39:29Z","canonical_url":"https://wefunder.com/fancy#question-311316","answers":[]},{"id":305598,"entity_id":"wefunder:comment:305598","question":"WOW Another angel investment dead! Going back to penny stocks! done with angel investing!!!","author_name":"John Studenka","votes":1,"created_at":"2025-04-08T16:41:56Z","canonical_url":"https://wefunder.com/fancy#question-305598","answers":[]},{"id":275669,"entity_id":"wefunder:comment:275669","question":"Topping the page to check status for an update. Any legal pursuit being done or discovery on company standing?","author_name":"Fernando DaCunha","votes":1,"created_at":"2024-02-07T16:52:51Z","canonical_url":"https://wefunder.com/fancy#question-275669","answers":[]},{"id":248867,"entity_id":"wefunder:comment:248867","question":"Any updates it already June 2023","author_name":"Henry C Hight","votes":1,"created_at":"2023-06-01T20:02:00Z","canonical_url":"https://wefunder.com/fancy#question-248867","answers":[]},{"id":233274,"entity_id":"wefunder:comment:233274","question":"I tagged the guy on Twitter, let's see if cares to provide an explanation: https://twitter.com/Wefunder/status/1621225570490265600 - It's a bit sad, as I have been an early user of Fancy and thought our investment could really help them gain traction.","author_name":"Sergio Giustozzi","votes":1,"created_at":"2023-02-03T09:31:58Z","canonical_url":"https://wefunder.com/fancy#question-233274","answers":[]},{"id":232585,"entity_id":"wefunder:comment:232585","question":"Is this company dead? website down ...","author_name":"Hervé T. Fonkou","votes":1,"created_at":"2023-01-28T15:08:10Z","canonical_url":"https://wefunder.com/fancy#question-232585","answers":[]},{"id":132613,"entity_id":"wefunder:comment:132613","question":"Hi! I invested back in July 2020. I just found a couple “reconfirm “ emails from December! Please clarify whether or not I am invested with the perks that came with it. Thank you","author_name":"Teri Bansbach","votes":1,"created_at":"2021-02-26T19:38:34Z","canonical_url":"https://wefunder.com/fancy#question-132613","answers":[]},{"id":117914,"entity_id":"wefunder:comment:117914","question":"Hi Greg, I have yet to receive any information about my perks for fancy nor information regarding holdings? Regards, Mario","author_name":"Mario Ymeri","votes":1,"created_at":"2020-12-07T20:19:12Z","canonical_url":"https://wefunder.com/fancy#question-117914","answers":[]},{"id":117527,"entity_id":"wefunder:comment:117527","question":"Do you sell gift vouchers?","author_name":"James Sarantinos","votes":1,"created_at":"2020-12-04T23:49:29Z","canonical_url":"https://wefunder.com/fancy#question-117527","answers":[]},{"id":109790,"entity_id":"wefunder:comment:109790","question":"Hi Greg, I just watched the webinar and I love the concept of making the shopping experience unique. I had a difficult time understanding what was being said though because of the audio quality. I browsed around the site for a while and unfortunately I don’t find the experience any different than using Etsy, other than me stumbling across a person advertising a product in a funny manner which I thought was cool. Are you all saying that the different shopping experience will eventually be implemented with more funny videos. Will the products be reviewed by people, do they post videos doing silly things etc. It’s like comparing Facebook to any other social media platform. You would imagine that no other company can compete at this point but yet you have Tik Tok that made that experience different. For a shopping experience to be unique I have a feeling it would have to be something major to really stand out from the competitor. My wife for example loves to go on a local consignment store that's live on Facebook every week. That experience to her is unique and she always looks forward to it. Will Fancy explore similar avenues ? I do strongly believe that Fancy could be huge, but to be honest, I would have to see a considerable difference for the site to keep me interested, and simultaneously persuade me to increase my investment. Are you open to suggestions if any come to mind that I think may benefit Fancy ? Would love to be a part of its long term success.","author_name":"Andrew Procopiou","votes":1,"created_at":"2020-10-09T23:03:22Z","canonical_url":"https://wefunder.com/fancy#question-109790","answers":[]},{"id":109209,"entity_id":"wefunder:comment:109209","question":"Greg, what are your thoughts on Gilt, Wish, and Canopy apps? Do they compete in the same space? They seem to have similar missions of making the shopping experience social and unique? However, they struggle to occupy this niche. Why would Fancy be more successful over them?","author_name":"Baljit Singh","votes":1,"created_at":"2020-10-06T09:08:18Z","canonical_url":"https://wefunder.com/fancy#question-109209","answers":[{"id":109390,"entity_id":"wefunder:comment:109390","answer":"Hi Baljit - Thanks for your thoughtful question. Our team just released a webinar in which we address this specifically. We talk in great detail about the unique niche we maintain in the market and how we are well-positioned to capitalize on the shifts in consumer habits.\u0026nbsp;You can see the webinar here. We start to\u0026nbsp;address this question about 5 minutes in.\u0026nbsp;\u0026nbsp;https://wefunder.com/updates/1...\u0026nbsp;","author_name":"Greg Spillane","votes":0,"created_at":"2020-10-07T18:59:13Z"}]},{"id":97558,"entity_id":"wefunder:comment:97558","question":"Hello Greg I hope all is well! I have a few only questions....what terms and valuation did General Catalysts invest at? How will this affect our current round and equity in the company? How long will this investment round be open?","author_name":"Raymond Brown","votes":1,"created_at":"2020-07-11T20:55:35Z","canonical_url":"https://wefunder.com/fancy#question-97558","answers":[{"id":98943,"entity_id":"wefunder:comment:98943","answer":"Hi Raymond! Unfortunately, I cannot disclose the terms of previous investments, beyond what is publicly available. However, pre-existing investments will not impact the round we are currently raising. This round will be open until we reach our target amount.","author_name":"Greg Spillane","votes":1,"created_at":"2020-07-23T22:42:45Z"}]},{"id":94025,"entity_id":"wefunder:comment:94025","question":"Hi - can you tell me a little about the Previous exits for yourself and teammates?","author_name":"Raymond Hooks III","votes":1,"created_at":"2020-06-18T02:59:38Z","canonical_url":"https://wefunder.com/fancy#question-94025","answers":[]},{"id":94023,"entity_id":"wefunder:comment:94023","question":"Hi - can you elaborate more on the company changes and lessons learned from early 2019? I want to understand more about the improvements.","author_name":"Raymond Hooks III","votes":1,"created_at":"2020-06-18T02:57:27Z","canonical_url":"https://wefunder.com/fancy#question-94023","answers":[{"id":94199,"entity_id":"wefunder:comment:94199","answer":"The biggest lesson learned from early 2019 to know is focus. Beginning in 2016 Fancy had started to branch away from its core marketplace business and expand into alternative business lines including, brick and mortar stores, an ad powered model, and white labeling our Fancy software through a SaaS model. Although all of these are viable business opportunities, the company did not execute well along these various fronts. When I took over as the CEO my first move was to divest unprofitable business lines and refocus the business back on making Fancy a destination for users looking to discover and shop extraordinary products. We are now laser focused on creating a world-class consumer experience.","author_name":"Greg Spillane","votes":1,"created_at":"2020-06-18T23:35:26Z"}]}],"faq":[{"question":"So, what are current revenues, YOY, projections for the next 1-5 yrs?","answer":"Hi Craig - We have included our financial projections (2020 - 2024)\u0026nbsp;within our Wefunder profile. It's towards the bottom and you may need to click \"Read More of the Story\" to see it.\u0026nbsp;"},{"question":"Is there a amount of shares with each investment","answer":"Hi Marcus - The investment is in the form of a convertible note. The note pays 6% interest has a $12M valuation cap and a 20% discount on conversion to equity. Until the conversion occurs, I am unable to provide you with an exact share count for each investment."},{"question":"“Oh, you fancy, huh?” The Drake screenshot image is that on IG or via the Fancy app? Thanks","answer":"Haha, thanks! Drake does have a public profile on Fancy. We have recently made some changes to our privacy setting making users non-searchable, but the image is from our app, not IG. https://fancy.com/drake/lists"},{"question":"Hi. Can u give me a year by year breakdown of your revenue goals for the next 5 years? Also, usually when we invest before the public launch, up to a certain amount, we get a lower valuation. Are there any advantages or perks for investing early here?","answer":"Hi Leonardo - We have included our 5 year financial projections (2020 - 2024) within our Wefunder profile. It's towards the bottom and you may need to click \"Read More of the Story\" to uncover it. We do not have any perks set up for investing early."},{"question":"Hi, I see you have a good traction, as well as good revenue for 2019. Your profit is -ve and is understandable. My question is why are you in CF now and not in an advanced round of funding, considering you founded Fancy in 2010/2011?","answer":"It’s a really good question. Fancy has raised a significant amount of capital and maintains an investor base with “deep pockets”. As I talk about in our video, our lead investor is an institutional fund who has committed to match $1M towards this round. What interested me about crowdfunding was the opportunity to offer our loyal user base an opportunity to have true ownership in our future success. Over the last 10+ years we have developed a large database of loyal and affluent customers and ..."}]}}}