Attention SAFE holders - it’s time to maintain your stake!
Published on Jan 18, 2021
As we get ready to close this round, we wanted to highlight to our SAFE holders a common investment strategy used by angel investors. To avoid dilution these investors will often re-invest a small amount of capital in subsequent rounds, to maintain their stake or position in the companies they are excited about.
The post-money valuation of Vampr at the time of closing the last crowdfund was $8,441,473.
Assuming we fully max out this round, and ignoring the potential for oversubscription, our post-money valuation will be $10,177,611. This includes a fully capitalized 10% ESOP (employee stock ownership plan) created at the request of our lead investor, to incentivize key hires.
So how much would I need to invest to maintain my stake?
[Your first investment] x 0.2057
For someone who invested $1500 in round one, this would mean investing $309 in this follow-on round.*
Vampr is on a wonderful trajectory and as an investor we know you feel the same. Thanks for coming on this journey with us.
Cheers,
Josh
*NB: Reminder that the minimum investment for this round is $250