How much is the share price? For example, I invest 500,000 dollars, how much is my share of the company?

Hello Abdullah, the price per share is $1.583, so if you invested $500,000, you'd own 791,500 shares. Because we're currently fundraising we can't tell you what the exact ownership percentage will be until all fundraising closes. It would most likely be around 7-8%, with the caveat that that could go up or down depending on how much we raise.

Why are there no terms ? Why would anyone Invest if there are no terms ?

Daniel, the legal side was still being decided. You can now see the terms of the SAFE note under the "Investment Terms" link.

Hi Matt, I love your company's purpose and products. They're both really impressive. Would you please provide some commentary on your gross margin and any future plans to improve it? Also, when do you expect to have updated financials for 2021, and when is this WeFunder round ...

Hello Rob! Yes, we just had our highest margin of the year in October and it's improving. We brought on a COO to help drive some efficiencies and bring our labor down. We just moved into our new space in Alameda and have more machinery that can drive this efficiency. By February we are targeting 28%, which would be higher than pre-pandemic levels. Our goal is to get to 40% by the end of 2022. The round is closing in April.

Hi Matt, Thank you for your previous replies to questions. They are helpful and concrete. Just for my understanding, this is a post-money SAFE meaning investors lock in at $1.583/share once the SAFE converts. What does confuse me is your comment, "The company may elect when th...

Hey Michael, happy to share more about our thinking, thanks for reaching back out!! We are planning to convert the SAFE after the fundraising round is complete at the end of April.

Hi! What a great mission! I've invested, but for reasons unknown my funds are not transferred. Who should I reach out to about this?

Thank you Yadira!! kapow@wefunder.com, thank you!!

Firebrand Artisan Breads

We don't hire people to bake bread, we bake bread to hire people 🪵 🔥

RESERVE

min $100

INVESTMENT TERMS

Priced Round

Pitch Video

Investor Panel

firebrandbread.com

Oakland, CA

B2B Food & Beverage Retail B2C Brick & Mortar

Ask a Question

Firebrand Artisan Breads

Quick facts

Team profiles

Featured investor profiles

Ask