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[Calzehbhoy]

Apparently James travelling annually to the US will increase their sales according to the PDF?

[WalkingWicket37]

Apparently James travelling annually to the US will increase their sales according to the PDF?

Read: "Your 'investment' will help pay for James' annual holiday"

[Calzehbhoy]

I've just read through the doc in full. It does seem a little to me that James is planning to leave the business and wants his money back before he does and that Laver are effectively raising the capital to cover this.

Crowdfunding is a great idea but at the values there is just no incentive for anybody to do it... Even as a emotional investment.

[Neon Cricket]

I'It does seem a little to me that James is planning to leave the business

Seems that way, makes quite a few references to Toby taking over the full running of the company within 12 months

[potzy248]

A lot of speculation on here. I put the info up as I think it is very interesting and I do love Lavers.

Some of it does sound a "bit" embellished but good on them. If you don't ask you don't get. JM had no love for his idea either.

[langer17]

With social media it is incredibly easy to market your brand

[Neon Cricket]

Some of it does sound a "bit" embellished but good on them. If you don't ask you don't get.

There's embellishment, and then there's downright stupidity...

[potzy248]

There's embellishment, and then there's downright stupidity...

Harsh

[dougydee]

It's understandable that James is looking at exit strategies for his business. This is one option available, on the face of it it doesn't look like a viable investment.

[hell4leather cricket]

See they have 13% already after launching today

[hell4leather cricket]

So is there a date they have to reach a target by? And if that don't get the amount required do all investors get there money back?

[Tailendfielder]

So is there a date they have to reach a target by? And if that don't get the amount required do all investors get there money back?

Yes they would.

[Neon Cricket]

Harsh

Not at all, if I was to borrow 250 quid of your hard earned cash and pay you back about a tenner a year would you be happy? That's the reality...

[Neon Cricket]

The question I have with crowdfunding is why couldn't they get investment in the normal ways?

Simple answer, because any genuine investors wouldn't value their company anywhere near 5 million NZD

[roco]

Usually an investor will want to see a return or profit

with crowd funding its about donating in a sense for a discount or freebie