Being a user of your product and a fan of crowd sourcing, I was pretty excited to see you guys pop on WeFunder. My question for you is, how did you come to a valuation of $20 million? I feel like the valuation is rather high and brings a chance for return on investment could b...

Thanks! To answer your first question, requires looking at NHC from two directions. From the bottom, we look at valuation in terms of the stage the company has reached. In classic startup terms, we’ve blown through the first few startup gates; i) creating an awesome team, ii) launching a an alpha product, iii) first revenues, and iv) evidence of potential to scale with a mix of existing and burgeoning revenue generating channels. With more than $2M in the trailing twelve months and a high gro...

I'm with Hunter on the $500 minimum and with Barnaby on not being a fan of SAFEs for non-tech startups. A convertible note or straight equity would be better. The SEC outlines some very good concerns with the inappropriateness of SAFEs for certain investments here https://www....

Fundamentally, we believe the opportunity we're offering here is more about the vision, team, traction, and market opportunity, and less about boiler plate documents. For clarity, the SAFE agreement is a doc designed for and by the the startup marketplace by venture investors as a standard by which early-stage, or seed investors and founders could move quickly and effectively towards agreement. As noted by the SEC in the Bulletin that you refer to the various mechanisms of the SAFE were desig...

$1,000+ Membership in our product Beta test group... Will we get to test new products for free? Approximately how long will testing periods be? Does each tier include the previous tier perks?

Hi Jeromi. Yes, you will get to test new products for free. Testing periods will vary widely by the kind of product and the stage of testing. You can sign up for as much or as little as you like. Yes, the tiers are cumulative!

Are there any financials to look at? Current and/or projections...

Hi Lev, you can find the complete 2016 financials on the Form C. https://www.sec.gov/Archives/edgar/data/1707359/000167025417000170/document_4.pdf For 2017, I recommend you expand the various Q&A questions above and look at the financially targeted ones. Good data to be found there.

It seems like your team is largely comprised of entrepreneurs and marketing professionals. What medical credentials does your team have, and what safeguards have you put in place to ensure this is a scientifically vetted product, and not just we'll branded snake oil? Asking as...

Hey Keith, our Website has a better view into the deeper scientific/medical team behind the collective: http://neurohacker.com/ethos/ Some specific people of note: Dan Stickler, MD was a surgeon and got into longevity medicine and the nootropics space. Andrew Huberman, PhD, Stanford School of Medicine Sara Adaes, PhD in neurobiology is a full time contractor doing research for Neurohacker Collective. Shawn Ramer, PhD biochemist with pharma and healthcare experience is an advisor we brought on...

Qualia Life Sciences

Creating meaningful and sustainable upgrades to personal well-being

qualialife.com

Carlsbad, CA

Consumer Goods Retail B2C Health & Fitness

Updates

Posts

Qualia Life Sciences

Quick facts

Team profiles

Updates