i am considering an investment. at "plan" how long would it take to payback the 100% of investment? what about the additional 75% of investment?

Aloha Daniel. Thanks for your interest. The repayment period depends on our revenues so the time frame depends on that also. The revenue share disbursements continue until the repayment amount is reached.

What is the projected quarterly revenue amount and growth over the first year of operation? Are the quarterly payback distrubtions kicked off immediately or are there milestones before payback begins?

Aloha and thank you for your interest! Our revenues will depend greatly on opening of new locations and getting more members to join our community. For just our current location, we are expecting revenues for 2019 to be over $1M. Loan repayments will start 12 months after funds from the campaign have been disbursed to us. Great questions!

Do you own any properties or leasing space?

Aloha Tom. Thanks for your interest! We current are leasing our main location and just signed a lease on our second location. We are open to purchase also, but the the main consideration for us is something with super cool bones that we can transform into an inspiring space.

After your investment plus 75% has been paid back, do you still own a pro-rata (based on your original investment) share of the company?

Aloha James. This campaign is for a loan that is repaid through revenue share. There is no ownership of the company included.

A couple more questions: 1. How is the payout percentage structured for each investor? Is it as simple as "5% quarterly revenue / # of investors = payment amount per investor" or is there a priority repayment structure based on amount contibuted or some other factor? 2. What i...

Aloha Alexander. I'm so glad you are flushing these details out because I am sure there are others that have the same questions. 1. Repayment is made based on the investor's pro-rata share of the aggregate amount invested at the end of the campaign. Every quarter, we send wefunder 5% of our gross revenues. Wefunder then will re-distribute that amount to the investors accordingly. 2. Your back of the napkin is eerily accurate, except the part about the amount each investor would be repaid beca...

Impact Hub Honolulu Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

We are the future of work. Coworking is growing 30% per year globally.

Our vision is an interconnected Hawaii where one membership gives our members access to 11 locations across the islands and 100 worldwide.

We are driven by our mission. We inspire, connect and enable people to do well and do good for Hawaii.

We are the largest coworking community space in the state of Hawaii. Our 17,770 sf flagship location is in the heart of Honolulu, Hawaii.

Impact Hub is the largest global network of social entrepreneurs. Members connect with 15K+ others across 5 continents, and 50 countries.

We have traction. Demand is high. Our 39 offices were rented before completion of buildout.

Since Aug. '17, we've hosted 250+ events with 15K+ attendees. We've grown to 300+ members, and awarded $175K in scholarships.

Impact Hub Honolulu

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Impact Hub Honolulu

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