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Showing 20 of 24 results by Fenomenon
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Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 16/05/2019, 05:14:02 UTC
Can I sell my stake in the startup?
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 16/05/2019, 01:21:51 UTC
Appearing on the home page is not an endorsement of a company's offering. Companies that appear on the home page are offered the opportunity to (i) have their campaign's launch announced via an email to Republic's user base (ii) be featured in the Superheroes blog.

Republic reserves the right to change this policy without notice, this policy was last updated on January 24, 2019. Version 1.1.
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 16/05/2019, 00:46:48 UTC
In 2016, Republic spun out of AngelList, a community of startups and accredited investors that makes fundraising more efficient. When Title III equity crowdfunding regulations were enacted, Republic adopted a similar mission to make fundraising and investing easier for startups and all investors––especially unaccredited ones.
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 15/05/2019, 08:27:43 UTC
Remember, you cannot receive perks if you invest with your self-directed IRA due to tax law.
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 15/05/2019, 05:58:34 UTC
What are GAAP Financials and when do I need them to be "Reviewed"?
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 15/05/2019, 05:19:58 UTC
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.
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 14/05/2019, 00:35:55 UTC
Is there a limit on how much I can raise?
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 13/05/2019, 11:15:01 UTC
How it works?

The Token DPA sets a time limit for how long a company can hold the funds before paying interest or repaying the debt in tokens. The Token DPA encourages companies to use their funds slowly by giving investors the right to request them back. If the company does not retain the funds then they may become insolvent and will eventually fold. If investors do not request their funds back and never receive their tokens then they can earn interest on their principal. If the company completes its goals, they can repay the debt in tokens, effectively allowing investors to purchase them at a substantially discounted price.
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 13/05/2019, 10:50:20 UTC
How do I know if my financials are GAAP compliant?
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 13/05/2019, 07:09:32 UTC
Are there any restrictions on incorporation type for companies fundraising on Republic?
C-Corporations and Limited Liability Companies (LLCs) can fundraise on Republic.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 12/05/2019, 08:49:07 UTC
Can I increase my investment after it is finalized during a rolling close?
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 12/05/2019, 05:50:39 UTC
What if I sold the security I acquired on Republic in a private transaction and realized a gain?

Once you sell a capital asset, such as Crowd SAFE, and realize a gain, the capital gain (i.e., [sales price] - [basis]) is taxable.
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 11/05/2019, 05:26:59 UTC
How can I communicate with the startup I invested in?

The rule states that all communications relating to your crowdfunding investment must be in writing, through Republic.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 11/05/2019, 00:10:55 UTC
Does it cost anything to invest on Republic?
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 10/05/2019, 10:15:25 UTC
What is the minimum investment amount?
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 10/05/2019, 06:14:32 UTC
How much can I invest?

If either your annual income or your net worth is less than $107,000, you can invest up to the greater of either $2,200 or 5% of the lesser of your annual income or net worth during any 12-month period.

If both your annual income and your net worth are equal to or more than $107,000, you can invest up to 10% of annual income or net worth—whichever is lesser up to a maximum of $107,000 during any 12-month period.
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 09/05/2019, 11:40:49 UTC
How does Flat Fee Attorney pricing work?

 By being affiliated with Republic, you get a special discount on Form C reviews through our independent attorneys we have partnered.
https://republic.co/help/how-does-flat-fee-attorney-pricing-work
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Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 09/05/2019, 06:47:08 UTC
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.
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 04/05/2019, 01:29:09 UTC
How do I know if my financials are GAAP compliant?
Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Fenomenon
on 03/05/2019, 04:33:06 UTC
We have been blown away by the success of the Republic campaign. When I heard about Republic last fall, I knew that I would launch a campaign with them. Their intentions, platform, team, and process are exactly what founders need to be successful.


Desiree Vargas Wrigley, Pearachute.
Reached maximum goal, raised $250k.