Topic: Get the Note - a digital token by Republic, a US company backed by Binance & Neo - page 12. (Read 3199 times)
May 09, 2019, 07:36:18 AM
What is the typical campaign duration?
May 09, 2019, 05:26:34 AM
Does my company need to be incorporated in a particular state to fundraise on Republic?
May 09, 2019, 05:25:43 AM
Can companies based outside the US raise money on Republic?
No, only United States-based companies can raise via equity crowdfunding per US law.
May 09, 2019, 05:24:10 AM
Are there any restrictions on incorporation type for companies fundraising on Republic?
C-Corporations and Limited Liability Companies (LLCs) can fundraise on Republic.
May 09, 2019, 05:19:36 AM
Is there a limit on how much I can raise?
May 09, 2019, 05:18:34 AM
What fees does Republic charge?
Example using a Token DPA: Blockchain Startup, Inc. raises $100,000
and hits its funding goal, effectively selling $100,000 plus interest in tokens. Republic takes $6,000 and Token DPA with a $2,000 face value (later equivalent for cash or tokens).
Example using a Revenue Share: Revenue Startup, Inc. raises $100,000 and hits its funding goal, effectively selling $100,000 in debt with a revenue right. Republic takes $6,000 and a revenue right with a $2,000 face value (which will entitle Republic to payments as if Republic had put $2,000 into the offering).
May 09, 2019, 05:17:30 AM
What fees does Republic charge?
Example using a Token DPA: Blockchain Startup, Inc. raises $100,000
and hits its funding goal, effectively selling $100,000 plus interest in tokens. Republic takes $6,000 and Token DPA with a $2,000 face value (later equivalent for cash or tokens).
May 09, 2019, 05:16:05 AM
What fees does Republic charge?
Investing on Republic is free for Investors.
Companies pay only if they successfully reach their funding goal: 6% of the total funds raised in cash, and 2% as a Crowd Safe.
Companies raising on Republic may also use the proceeds of their successful
financing to pay for the escrow agent and other transaction-related fees. Related: how much does it cost to launch a campaign?
Example using a Crowd Safe: Equity Startup, Inc. raises $100,000 at $10M valuation and hits its funding goal, effectively selling an equivalent of 1% of its equity. Republic takes $6,000 and Crowd Safe with a $2,000 face value (0.02% in an equity equivalent).
May 09, 2019, 05:14:58 AM
What fees does Republic charge?
May 09, 2019, 05:14:03 AM
What is the AngelList family of startups?
Republic, AngelList http://angellist.co/, CoinList https://coinlist.co/ , and Product Hunt https://producthunt.com/ make up a robust family of startups, all under the AngelList umbrella. With complementary visions for the startup world, we often collaborate with the companies in this ecosystem.
Credit Card: ~3.5%
If you would like your investors to have the convenience of using a credit or debit card for investment a ~3.5% fee is charged by the service provider. For example if an investor uses their card for a $100 investment your fee would be $3.50. This would only apply to investments made with a credit or debit card, and only if the campaign is successful. Please note, currently Token DPA offerings cannot utilize credit card processing.
May 09, 2019, 05:10:48 AM
How much does it cost to raise on Republic?
Video: $0
Spend as little or as much as you want. It’s up to you. Already have a video? Chances are you can use that for your campaign.
Marketing budget: $0
We highly recommend, but do not require, you to spend money on marketing, social media or otherwise. There might be a live event you want to attend, you might decide to have a party. These costs are optional and you decide on the total costs, but can have major impact on how much you raise.
May 09, 2019, 02:51:56 AM
How much does it cost to raise on Republic?
Video: $0
Spend as little or as much as you want. It’s up to you. Already have a video? Chances are you can use that for your campaign.
May 09, 2019, 02:47:08 AM
How much does it cost to raise on Republic?
Raising via investment crowdfunding on Republic is not a heavy lift, contrary to what you might expect.
Please note: these fees are not paid to Republic, but are objective costs associated with preparing the documents and running a compliant campaign. Republic only takes commission on successful campaigns.
Form C: $1,500
The SEC requires fundraising companies to provide certain information on Form C. This disclosure informs prospective investors and is provided to the SEC. iDisclose, a third party service provider, helps you complete a Form C in about 9 hours when it would normally take over 4 weeks manually. We also have inhouse staff to help you along the way. You are required to pay this cost up-front when you start using the service.
Escrow: Approximately $1,500
All campaigns must have an escrow agent. The costs of escrow vary depending on the number of investors you end up with and is not paid until after the campaign is over, directly out of the proceeds of the escrow account.
Financials: $1,000–$4,000
If your financials are not complex, you have been diligent with bookkeeping and you are organized expect this cost to be in the middle to lower range. If you already have GAAP converted financials your costs will be lower. If you have a licensed CPA on the team your costs can be $0. If you use professionals expect the bill to be sent once services are complete.
May 08, 2019, 04:01:21 AM
How much does it cost to raise on Republic?
May 07, 2019, 11:05:52 AM
#Proof of joined post
Bitcointalk username tredingaltec
profile https://bitcointalksearch.org/user/tredingaltec-2129949
TELEGARAM @Qsukses11
Bitcointalk username tredingaltec
profile https://bitcointalksearch.org/user/tredingaltec-2129949
TELEGARAM @Qsukses11
May 07, 2019, 08:02:39 AM
Can I sell my stake in the startup?
You’re allowed to sell your stake in a crowdfunding investment starting one year after your investment is provided to you, and earlier under some circumstances. However, there’s no guarantee that someone will be willing to buy it at that point.
May 07, 2019, 05:30:52 AM
How do I get a return on my investment?
When you invest on Republic, you receive a Crowd Safe, which gives you a financial interest in the company you invested in. You can make money if that company “exits”, meaning it is acquired or goes public at a higher price than you paid for it, but could also lose your entire investment if it fails.
May 07, 2019, 05:26:34 AM
What payment methods does Republic support?
May 07, 2019, 05:23:11 AM
How do I calculate my net worth?
Your net worth is the sum of all your assets, minus all your liabilities. For purposes of investing on Republic, the value of any primary residence should not be included in your assets. Similarly, any mortgages or other loans on that residence do not count as a liability (up to the fair market value of your home).
If you are investing with your spouse, you can use your combined income or net worth. Your Republic account's investment limit will reflect that combined net worth and income.
For example, Jon Smith, with an annual income of $80,000, invests with his spouse, Jane Doe, with an annual income of $120,000. Together, their combined investment limit is that of a single investor with an annual income of $200,000.
May 07, 2019, 05:17:25 AM
How do I calculate my net worth?
Your net worth is the sum of all your assets, minus all your liabilities. For purposes of investing on Republic, the value of any primary residence should not be included in your assets. Similarly, any mortgages or other loans on that residence do not count as a liability (up to the fair market value of your home).
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