INVEST
min $250
A Convertible Note is debt that converts to equity. If you invest, you're betting Finlete will be worth more than $6M in the future.
Finlete is the WeFunder for Athlete Investing. Below, we break down what Finlete is for fans and athletes.
How does Finlete work?
Finlete has a three step-process, Identify, File, and Sell. In the "Identify" phase, we use machine learning to target players that would be a great fit for Finlete. We then set up a meeting to share our business model and offer them a future earning contract. If they agree, we then start the "File" phase. In the File phase, we submit a form 1-A to the SEC for a Reg A+. Once the form 1-A is certified (6-12 weeks), we start the "Sell" Phase. The Sell phase is when we create one hundred thousand shares and allow accredited and non-accredited investors the opportunity to invest in the athlete. We share all the details on why we invested and provide player interviews, scouting reports, and more. When we sell 90% of the shares, we will have recouped 130% of the capital we invested in our athlete, and we can now reallocate those funds to the next athlete.
Forward-looking projections are not guaranteed.
Why will Finlete work?
There are several reasons Finlete will be an incredibly successful company. Here are the top reasons.
Our BIG Vision!
In the early stages of our company, our focus will be signing top prospects, certifying the offerings with the SEC, and selling the shares to fans. Accomplishing those three things is setting Finlete up for our grand vision! We will be building an Alternative Trading System(ATS).
If you have not heard of an ATS, think of Coinbase, OpenSea, Robinhood, etc. It is a secondary marketplace where people can trade stocks or NFTs. We want to allow fans to trade positions in these athletes on Finlete. The stock price will be based on the perceived value of these players' future earnings. The revenue we would generate in trading athletes' future earning contracts could put Finlete north of a billion-dollar valuation.
How do fans get paid?
Finlete plans to pay dividends twice a year. The first payment is two weeks after the All-Star Game. The second payment is two weeks after the World Series.
Finlete utilizes a third-party reg A+ software management system. This system allows shareholders to manage their shares. It also handles the disbursement of dividends. This software management system is SEC-compliant.
What is the Athlete Investment Portal?
One of the perks as a shareholder and supporter of an athlete is you will have access to the Athlete Investor Portal. In the portal, you will have access to investor-only content. You can watch video updates on what the athlete is going through in their personal and professional life. You can join an investor-only virtual meet and greet with other investors and your athlete. You can purchase investor-only merchandise, like signed balls, jerseys, and other items. You can also join the message board and interact with other investors.
How does Finlete make money?
Our revenue streams expand from our pre-seed stage to our seed stage.
Pre-Seed Stage:
Seed Stage:
Is Finlete going to work in other sports?
We are focused on baseball right now. However, we plan on expanding in other sports in future. We see a massive opportunity in MMA, Basketball, Hockey, Football, and Motorsports.
Our Team!
Rob Connolly, CEO / Co-Founder, is a highly experienced serial entrepreneur hailing from San Diego, CA. He has successfully founded two previous companies, HeroDogBox and AgentBuzz, which had successful exits. Rob brings a wealth of experience in business strategy, operations, and leadership.
Vivek Parekh, CTO / Co-Founder, is an exceptional technical mind who has a passion for machine learning and AI. With his extensive experience as a Director of Engineering at Walmart Labs and Jasper, Vivek brings a strong technical foundation to the team. He resides in San Jose, CA.
Michael Bryan, CFO, is an experienced financial expert and the Ex-CFO for BigLeagueAdvance. He has a proven track record of signing many minor league prospects to future earning contracts. Michael brings valuable expertise in financial strategy, planning, and management to the team. He currently resides in Bethesda, MD.
Together, Rob, Vivek, and Michael make a powerhouse team that is dedicated to driving innovation, growth, and success.
Why should you invest?
Our team is fully dedicated and committed to solving these problems. We want to give you, the investor, the opportunity to help us build this incredible platform. Keep in mind, if you invest in Finlete, you are investing in every athlete we sign in the future. Let's build something amazing together!
Hear what our investors say.
What athletes are saying.
Review our deck: https://finlete.co/deck
Schedule a meeting with Rob Connolly: https://finlete.co/meeting