What happened to the share price?

Hey Jeremy, thanks for the question. I believe you are asking why we are currently raising a round of funding at a downward valuation to when we raised funding in the spring of 2022 at a $45M valuation. When we began our last raise in August of 2021, market comps suggested valuations in the range of 100X multiples to past 12 months' revenues. And that level was supported in that we raised almost $4.2M at that valuation via RegA. However, last year, when it came time to raise capital and the t...

Has the valuation gone down from $45M to $10M?

Hey Varun, Thanks for the question. I have provided a response above on Jerry Kempa's question. Best, Chris

$40M valuation, down to $10M? WTF! I've heard of down rounds but this is ridiculous. Besides $2M of it ending up in the pockets of Lustrino and Co. over the years, what happened to investors money from your numerous prior crowdfunding rounds?

Hey Shane, Thanks for the question. First off, above on Jerry Kempa’s question you will find my answer to your valuation question, which I certainly understand. If you need more clarification, please let me know. As to your question, let me provide some details below. Between August of 2021 and spring of 2022, we raised the bulk of $4.2M at the $45M valuation you mentioned on Republic under RegA+ rules. And you are correct, there were two selling shareholders in that round including myself. T...

Hi Chris, I see that you are predicting a ton of growth for the coming years. I can imagine that there must be much more then "hope" to underpin these agressive forecasts. Can you please clarify where the growth should come from and what is already tangible in this? I am also ...

Hi Joris, Thanks so much for this question. And yes you are absolutely right. The major drivers of growth in the near term are expected to come from the growth of sponsorship sales, data sales, and founder sales as well as some expected growth in assets under management at KingsCrowd Capital in the next year. So what does that look like? To give you a few examples. Our Pitch Review newsletter, which is one of the most followed newsletters in our industry with a strong mass affluent...

Hi Chris, Can you also explain where accredited investors must look for the reg D offering details?

Hi Joris, Our RegD is run congruently to this RegCF and is all the exact same terms. The easiest way is to probably just invest through our CF raise here on Wefunder. But let me know if I am missing something. Best, Chris

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$735,000+ in 2023 revenues, +60% YoY revenue growth (cash-basis, non-audited)

Created KingsCrowd Capital - A $1.7M ‘ETF-like’ data-driven fund powered by our algo

Pursuing path to profitability late 2024/early 2025 (forecast, not guaranteed)

50% of revenues now generated by B2B sales

Building a data flywheel to serve all stakeholders in the growing digital private markets

Launched raisepapers brand to serve founders with form filing and data solutions

Nearly 100% equity/debt coverage of RegCF/RegA+ markets over 5+ years

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