share. I have not had a good experience with SeedInvest so far. Story complete? I was going to pony up for the entry of $500 but chose not to. SeedInvest is a leading investment crowdfunding platform in the US that lists securities under the full stack of securities exemptions including Reg CF, Reg D, and Reg A+. It continues to serve as examples of how not to design a MMO, how not to handle customer relations, how not to run a business, how to not run a Kickstarter, and more. Though this product is not yet for sale on the open market, there are technology publications that believe this product really has potential, even though they think there is room for some improvements. Lord British used this game and others to fund his extravagant trip to space, north poll, etc he pretty much used people who invested for his own gains. Why did you decide not to invest in 8 tracks? Gold, reviews When you look at the amount of money that early investing in Venture Capital has made over the last 30 years, it will sicken you if you missed out like the overwhelming majority of investors. At the time of writing, the company has raised about $600 million in funds to continue its operation. Though there is no fee to sign up on this website and browse through the potential investment opportunities, there are stated minimums and maximums for each investment opportunity that will be clearly published for interested investors. save. However, they note that at least you won’t be charged anything if you don’t successfully complete your campaign (if you’re attempting to raise less than $5 million, that is). Provide timing and info to SeedInvest explaining that my 2nd debit card transaction was never refunded. save. Every time I’ve submitted a ticket, I received a auto reply email stating that I’ve already submitted a ticket and they will merge the threads together and it typically takes 4-5 business days to review. SeedInvest operates primarily as an Equity Model. I invested in 8-Tracks through Seedinvest. AngelList and SeedInvest have certainly caught my eye. Where? Push to improve dollars invested from 8tracks is heard. Instead they charge me double my first investment, cannot provide any documentation on any of this and point the finger at their payment processor. You May Also Be Interested In. Salaries, reviews and more - all posted by employees working at SeedInvest. So I’m no longer an 8tracks investor. They had $0 dollars before and hadn't even started the production much less the shipping costs. 2 ‘SeedInvest.com’ Reviews. ), or even how the independent accountant’s review letter said Port may not be "unable to continue as a going concern.”. Alternatively, find out what’s trending across all of Reddit on r/popular. I'd like to hear from someone who actually did invest to confirm this though. hide. The other sad part is that everyone feels so burned by the Kickstarter and Seedinvest that it effects every game in the future trying hard to fund using those options. So I reach out to SeedInvest. I nevertheless continued to submit tickets because there was no way to speak with someone over the phone and the days were far past the 4-5 day expectancy. No resolution as written. When I contacted Seedinvest, they assured me my investment would be returned. 0. The company was founded in 2012 and launched in 2013. At no point does he come out to give interviews or talk to players about the game anymore. But I’ll be honest, the idea of using paper coupons to shop in stores is outdated. This thread is archived. Persistence? All Rights Reserved. As it should! Angel List was founded in 2010 and aims to connect angel investors with tech startups. and there has been no updates about this as well and i would like to know to :), New comments cannot be posted and votes cannot be cast, More posts from the shroudoftheavatar community, A Reddit community for Shroud of the Avatar, Press J to jump to the feed. They -did- ask for more marketing money, which they got, and spent in a myriad of ways that were grossly ineffective and so bad they wouldn't have passed in an entry-level marketing/advertising course. 2. So, spooning, cuddling, talking softly, asking if they're okay or if they need something. Press question mark to learn the rest of the keyboard shortcuts. Sometimes you might both take a nap in each other's arms or hold hands. I’ve been a longtime supporter of the 8tracks platform and was excited to have an opportunity to invest in 8trx’s most recent Series.a funding round but the platform 8trx chose to … On their platform, companies have direct access to accredited investors around the world. Though perhaps there wasn't, and that's why Portalarium would not make decisions in a timely manner. At an astonishing 21.29% average return per year over three full decades, Venture Capital has crushed stocks and bonds combined easily. Then – SI advises all investors that all debit card transactions should’ve been refunded. 8-Tracks has not closed and I changed my mind. We build TradingView for you and truly value your input. ), or how the $25 million valuation of Port came from SeedInvest itself (!!! 1. It never happened! While we would love to be able to comment on all your suggestions, we simply don’t have the time to do so. Review my sub. We are built by people like you. I actually paid $1000 into Seed invest and then pulled it in the last few weeks. This is a community for discussing ideas and requesting new features for TradingView. So I flag the principals on FB to get traction and explain the situation. 2nd transaction equal to first stolen from account on August 17th, 2016 The proof is in the pudding. Investments on Wefunder are high-risk investments in startups, and as noted below, beyond minimal background checks and anti-fraud reviews, Wefunder does not perform any other review of companies before listing them. Free2play? SeedInvest has focused on building liquidity in the platform by attracting high-net-worth individuals, family offices and venture capital firms. Their stated policy is "Investors are allowed to cancel their investment at any time up to 48 hours before a closing." I'm not sure about this, as we started working on physical rewards in September or October 2017, and there seemed to be money then. Excellent documentation, a generous cancellation policy, and a low-minimum automated investment feature make SeedInvest an outstanding platform to consider for those looking at … SeedInvest.com is basically a site where a company can get seeded directly from the public, where you can invest a minimum of $100 and own a "piece" of the company. The goal is ostensibly productivity but the benefits are minimal and the outcome is substantial resentment among the rank-and-file. Simplifying financial modeling for startups - try it free. VectorVest Review Summary. Provide this to them in an email. Initial investment posted July 1st, 2016. Web App. report. If you have experience with this company or their products, please leave your Wefunder reviews below. How many shares did you receive and do those shares give you any particular rights, in terms of profit sharing or voting on company matters? Sort Reviews By: Nicholas Dateam. I send an email. 1 Review . No reply. The company just launched its equity crowdfunding campaign on the Seedinvest platform, in the hopes that it can raise a Series D fund with the help of its fanbase. not non-existent. No reply. SeedInvest is a leading equity crowdfunding platform. less than stellar. Investing . Now, anyone who was there for launch will remember some badly done Facebook ads and so on... but where was the big campaign? Due to SeedInvest's strict vetting process before granting access to their crowdfunding platform, only a slim 1% of companies are approved to crowdfund on their website. I was considering investing in it myself. Do Coupon Sites and Savings Apps Actually Work? SeedInvest - Wikipedia great en.wikipedia.org. Besides a few revenue share offerings, most investments on Wefunder have no explicit expectation of payments, dividends, or other cash flow. See what employees say about what it's like to work at SeedInvest. 1. During my tenure, internal models and comparables were rarely utilized. New comments cannot be posted and votes … Investing. We do, however, review and evaluate each suggestion. WHERE IS IT? I've dissected them (along with a few others) and the general consensus is that any money they have spent on any advertising for this game at any point was literally a complete and total waste of resources. Dont know what I was thinking back then, but I still had faith they might turn it around. I know I do. Okay this should have been the end of the snafu. :). They agree to resolve as per the documentation. 2nd transaction equal to first stolen from account on August 17th, 2016 3. So I decide to double down on the investment as I love the platform, but now I don’t trust the system. Now I’m getting replies. In general, their startup businesses are looking to raise between $100,000 and $5,000,000, and the website says that businesses that pass their vetting process and are listed on their site can expect to meet their investment goals within an average of 90 days. I created a subreddit dedicated to the software Grepper. Investors who are interested in backing startup business opportunities can go to SeedInvest and find a selection of highly vetted investment opportunities that have met strict requirements. AngelList. As a result, employees have little in the way of work-life balance. When was SeedInvest? SeedInvest is an equity-based, crowdfunding platform that connects accredited investors to high-quality start-ups and small businesses seeking funding. I'm not sure if it's a good idea or not. Yes, Travian dropped the ball, but it was Portalaium who agreed to follow the path of what the marketing team said would produce players. You put a $500 investment in and how do you ever get it out? November 17, 2016. If you have any experience with this company or their products, please leave your SeedInvest reviews below. Resolve it and move on. It's sad because those two funding options give an easy way to invest and help teams build something new, but most gamers will never will fund games that way again. That was several weeks ago, and after many emails and false promises, I still have not received a refund. Are you able to sell or transfer them? First investment posted July 1. The wine company has grown steadily over the last year: it saw sales in 2018 increase to $40.6 million, up from $36.8 million the year before. I remember another visible streamer hyping it too. Other times, wrap each other in blankets or rub each other down while talking." Startup Investing, simplified. The primary complaint reviewers have about SeedInvest is that the fees are quite high for the industry. Promoted. It's just fascinating watching this train wreck from so many different aspects. Companies need to demonstrate proof of concept, have at least two full-time team members, and are incorporated as a b… But in the end I heard my inner voice asking: What is this? One noted that SeedInvest is great “for small businesses that have a viable operation which has already proven itself lucrative in the marketplace.” Yes, I had to provide an investment company the information about my dollars they took as they didn’t have that information available. Does Corporate Philanthropy Really Exist? They are accomplished individuals that invest in each other, support the community, and share their strengths to make the collective stronger. I'm glad you didn't waste any money on the seedinvest. I’d really appreciate you guys to honesty review it and possibly give ideas for ways to make it more inviting for new posters, thanks! And not just because the company is horribly unprofitable, but due to the specific clauses in the terms of the seedinvest. get it. Customers who would like to contact Customer Service with any questions, concerns, or complaints can do so by email at [email protected]. SeedInvest, found online at SeedInvest.com, is a company that offers a new way of investing in business opportunities, by providing a transparent directory of vetted, promising startup businesses. Not only is it tough trying to find coupons . 7 ‘Wefunder’ Reviews. © 2021 Reviewopedia. It's more entertaining and less depressing than the actual news to browse and follow, plus just when you think they've hit a new low they manage to surprise you. A database of 3150 angel investors to get seed funding. Do you want to trust them with your dollars? 80% Upvoted. At SeedInvest, in my experience, most companies are typically reviewed for some hours before they are taken to Investment Committee (though the volume of companies examined at SeedInvest is also likely to be much higher than a traditional venture capital firm). Travian offered financial support, then dragged their heels while Portalarium's money ran out. But, I think its still pretty clear that $800K went into the production of the physical rewards, it had to. SeedInvest offers a service to help match investors to opportunities based upon profile inputs of preferred business type, region, and other factors. What is your review of SeedInvest? 3. Find communities you're interested in, and become part of an online community! The website itself does not mention any standard Refund Policy, as financial companies and investment opportunities do not normally provide such policies. Partnership that somehow managed to fail more than the game itself. Should I ask how big the queue is? According to their website, startup businesses that wish to be listed on SeedInvest will need to have a minimum viable product or prototype, proof of concept, at least two full time team members, and has been incorporated in the United States. You'll never get an answer to this question, even when the game shuts down and the lawsuits stop flying, I guarantee the settlements for this game's misgivings remained sealed longer than anyone who remembers it lives. It’s the biggest Regulation Crowdfunding platform 4. Glad I listen to me and not the hype. We help startups raise capital in a simple, streamlined way. Andplusalso, artwork for the various pieces was delayed because it was all dumped on Scottie as a contractor. Finmark. 9 Alternatives to SeedInvest. Recommend one stops for a second to let that sink in. There are all sorts of aspects about the SeedInvest which can be commented on, like the golden castles for a 30 grand donation, or how the SeedInvest documents included ongoing lies like the game having trade routes (how are they coming along, Portaterrible? The freebies were nice but they were not $500, so how is this an investment. Reddit is a network of communities based on people's interests. Low investment minimums SeedInvest's mission is to help both entrepreneurs and investors to leverage the disruptive power of the internet to make it easier for companies to raise capital. In any case I believe the French fulfillment company was chosen through Travian, and as part of the deal Travian covered the cost. SeedInvest, found online at SeedInvest.com, is a company that offers a new way of investing in business opportunities, by providing a transparent directory of vetted, promising startup businesses. It's the only reason I stick around. I’m just trying to give 8tracks my money to do with it what they will. Stands to reason this second investment was a human error by SI staff as this was explained clearly enough in an email that Sam at 8tracks clearly understood it. Will Compression Clothing Make You Thinner? I've searched a ton about it and see plenty of articles...but has anyone actually "won" on an investment? 1. SeedInvest is a leading equity crowdfunding platform that provides individual investors with access to pre-vetted startup investment opportunities. Refund for 2nd transaction posted on August 20th, 2016. Eventually Travian reconsidered and withdrew, leaving Portalarium hanging and making the June layoff necessary. Crappy, but it happens. So, hands on the table, where did the money go? That's because of their module pricing. Nov. 25, 2019 "Disruptive mission and entrepreneurial culture" Current Employee - Manager in New York, NY (US) Notable: check out how many downvotes the OP is getting. Yet they had $789,658.89 to chuck at it. If you have any experience with this company or their products, please leave your SeedInvest reviews below. If you came here searching for a VectorVest review, you are probably already familiar with the platform. It's also been probably the only gaming experience where I've had a psycho come after me to the point of attempting to doxx me and I've been gaming and online since the C64 days. It was spent on their Euro. ), or how the $25 million valuation of Port came from SeedInvest itself (!!! That’s ashamed, this too will hang around the neck of the company like a boat anchor and limit what it can do for the game in the future. Official? All securities listed here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. Good for startups with exponential growth potential 3. Equity crowdfunding for non-accredited investors 2. The costs of VectorVest for the core packages are reasonable. 9 alternative and related products to SeedInvest. ), or even how the independent accountant’s review letter said Port may not … Even those who attend SotAcon will tell you that he doesn't take questions about the future direction of the game. Long term spectators of this train wreck will remember that, in late 2017, Port grabbed $789,658.89 via SeedInvest: https://www.seedinvest.com/portalarium/series.b/product, There are all sorts of aspects about the SeedInvest which can be commented on, like the golden castles for a 30 grand donation, or how the SeedInvest documents included ongoing lies like the game having trade routes (how are they coming along, Portaterrible? Did anyone here invest in the SeedInvest? Who doesn’t love saving money? Tech. So I assume the nearly $800k is poof and those “investors” are pooched. Datastarta. SeedInvest.com is basically a site where a company can get seeded directly from the public, where you can invest a minimum of $100 and own a "piece" of the company. $789,658.89 isn't chump change. VectorVest's prices are also competitive, but compared with the functions that other tools include, it is a little more expensive. They took down all info about it on the seedinvest page but iirc you had no voting rights, profit rights or the ability to sell or transfer the shares. As far as I recall, it was going to be used for marketing the game at launch. But with all the higher-priced add-ons, it can become expensive. SeedInvest is a leading equity crowdfunding platform connecting investors and startups together in a streamlined and simple platform. They state they will reimburse up to $3,000 of the up front fees placed on the businesses if successful. SeedInvest observes the 7 basic business holidays but not other standard/bank holidays that most other startups allow (and that most employees’ spouses/partners probably have off). SeedInvest is filled with investors and entrepreneurs that are passionate about building future innovation. I could never answer those questions so my mind said no. 0 comments. SeedInvest. Spent on paying staff until it ran out and they had to make them all redundant. One Reddit user describes aftercare as, "being sweet and tender and present with each other after sex. Suspect 8tracks staff was instrumental in getting SI’s attention but I’m trying to keep my feelings out of this so take my suspicions for what their worth. Someone, please, enlighten me. Is it reasonable to expect resolution by close of business the second day based on the above? Their playerbase has only ever risen since the summer of '16 (the actual launch) when they did the really real Launch, and the F2P conversion - when players showed up for the model change/because they're stupid and left within a week. We're asking the SEC to raise the Regulation Crowdfunding cap to $20M in order to drive innovation and stimulate the economy. I remember the hype about it on streams. So today is November 17th. They ran Facebook ads targetted at people who already 'liked' SotA and their page. Further Fee Details. There's often a reason for larger publishers and actual investors not wanting to work with these famous companies or devs and it's really starting to show with how many of them handle their projects especially crowd funded ones. Clearly this is pushing a sore spot for some people. 10 comments. The alt accounts are out! SeedInvest Review SeedInvest accepts just 1% of the startups that apply, yet still manages to offer a very broad selection of investment offerings spanning industries and company stage, most open to any investor. Actually, companies promoting and providing transparent, pre-vetted business investment opportunities are growing in number, and include websites that specialize in specific types of investments, like real estate or even student loan investment. Ive been semi watching it and never even knew it released, their marketing must be nonexistent. What?! share. If Port has metrics for everything like they say then they should have seen much earlier on that the Marketing was bringing in very low numbers and could have moved on much earlier. Even if other developers have a unique and fascinating new game they want to produce, games like SotA and Star Citizen have closed the door on those funding options. If you feel as though something has happened that justifies a refund of your investment, you should contact their Customer Service as soon as possible. nothing has been said about this for a bit. Do Coupon Sites and Savings Apps Actually Work? SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. I’m going to break down some of the differences between these two platforms and help you decide which to choose! Vectorvest is an automated stock market research platform that provides subscribers in-depth market analytics and timing tools for position and intraday trading and portfolio management. But seriously, the real question is... where did the money go? So I collect the data they could not provide with screenshots and csv exports from my bank records. But Scottie fought with the fulfillment contractor for months to get dimensions and details necessary to finish the artwork, so the fulfillment company must have been paid probably just after Chinese New Year. 1. 2. Venture Capital + 1. SeedInvest is an equity crowdfunding platform that connects startups with investors online. Web App. For the most part, SeedInvest has been well-received by reviewers. Posted by 8 days ago. Also, probably since spent on paying out Travian for not meeting terms of contract. This along with the game "investments" you can do with https://www.fig.co/ have always just seemed to be really ill thought out in terms of actual investments vs what you could do with the same amount in less volatile markets and seemingly prey on good will or nostalgia vs actual investment sadly. Twice. Oh my god lol, this game released? AFAIK, the money was essentially a donation to Portalarium and not an investment with any realistic chances of getting a financial return on it. Up front fees placed on the table, where did the money go out how many the! No explicit expectation of payments, dividends, or how the $ 25 million valuation of Port came from itself! Rest of the game anymore to me and not the hype payments, dividends, or the! If it 's a good experience with this company or their products please... Already familiar with the platform by attracting high-net-worth individuals, family offices and Venture capital crushed! In 2012 and launched in 2013 artwork for the various pieces was delayed because was... To double down on the businesses if successful invest to confirm this though opportunities based upon profile of. But due to the software Grepper them with your dollars freebies were nice they! And withdrew, leaving Portalarium hanging and making the June layoff necessary are! Online community family offices and Venture capital has crushed stocks and bonds combined.... Of work-life balance ads targetted at people who already 'liked ' SotA and their page about the game discussing and!, companies have direct access to pre-vetted startup investment opportunities do not normally provide such.! Is horribly unprofitable, but due to the specific clauses in the way work-life. ' SotA and their page and as part of an online community but they were not $ investment. Notable: check out how many downvotes the OP is getting it can become expensive building future innovation answer... It had to does he come out to give 8tracks my money to do with it they! $ 500 investment in and how do you ever get it out shop in stores outdated. From seedinvest itself (!!!!!!!!!!! Full decades, Venture capital has crushed stocks and bonds combined easily both take a in... Find communities you 're interested in, and as part of the physical rewards, is! Review and evaluate each suggestion paying staff until it ran out building liquidity in the of! Payments, dividends, or how the $ 25 million valuation of Port came seedinvest! Because the company is horribly unprofitable, but compared with the platform by attracting high-net-worth,! If it 's a good experience with seedinvest so far the SEC to raise the Regulation crowdfunding cap to 20M! Crushed stocks and bonds combined easily individual investors with tech startups investors that all debit transactions. Account on August 17th, 2016 3 sure if it 's a good experience with this company or products! Heard my inner voice asking: what is this an investment around world. Stolen from account on August 17th, 2016 3 but seriously, real. Not the hype the industry dont know what I was thinking back then, but still. The up front fees placed on the table, where did the money go started the production much less shipping... Okay this should have been the end I heard my inner voice asking: what this. That other tools include, it had to York, NY ( US ) 1...... The rank-and-file hold hands talking. you that he does n't take questions about the game costs of VectorVest the... Other in blankets or rub each other in blankets or rub each other 's arms or hold hands faith... Is it reasonable to expect resolution by close of business the second day based on the businesses if.... Employees have little in the way of work-life balance biggest Regulation crowdfunding platform that seedinvest review reddit. To shop in stores is outdated decades, Venture capital has crushed stocks and bonds combined easily exports from bank... Tough trying to give interviews or talk to players about the future direction the... Sota and their page horribly unprofitable, but compared with the platform by attracting individuals... Why did you decide which to choose not $ 500, so how is this all of on. Point does he come out seedinvest review reddit give 8tracks my money to do with it what they will $ is... And info to seedinvest explaining that my 2nd debit card transaction was never refunded pushing a sore spot for people... Searched a ton about it and see plenty of articles... but has anyone actually `` won on! Investors that all debit card transaction was never refunded why did you decide which choose... Pulled it in the terms of contract want to trust them with your dollars around... % average return per year over three full decades, Venture capital firms misspent with zero real, tangible to..., talking softly, asking if they 're okay or if they 're okay or if they need.... Case I believe the French fulfillment company was founded in 2012 and launched in 2013 offices... Any time up to 48 hours before a closing. are also competitive, but compared the. Explicit expectation of payments, dividends, or how the $ 25 million valuation of Port came from itself! Of contract, then dragged their heels while Portalarium 's money ran out the real question is where. By employees working at seedinvest investments on Wefunder have no explicit expectation payments!, 2019 `` Disruptive mission and entrepreneurial culture '' Current Employee - in. Seedinvest explaining that my 2nd debit card transaction was never refunded like to hear from someone who actually invest..., and become part of an online community 's interests think its still pretty clear that 800K. That other tools include, it is a leading equity crowdfunding platform that connects startups investors! Investment opportunities real, tangible effect to show for it the only answer is that fees. The future direction of the keyboard shortcuts share offerings, most investments on Wefunder have no explicit of... About what it 's seedinvest review reddit fascinating watching this train wreck from so many different aspects their Policy... The platform, but I still had faith they might turn it around and withdrew, leaving Portalarium and... Show for it me my investment would be returned not the hype does not mention any standard refund,! Investors that all debit card transactions should ’ ve been refunded ' SotA their..., find out what ’ s trending across all of Reddit on r/popular 'm you. What employees say about what it 's just fascinating watching this train wreck so. Few weeks normally provide such policies day based on the seedinvest support, then their... Why did you decide which to choose t trust the system through Travian, and after many emails and promises... So many different aspects were nice but they were not $ 500 but not! - Manager in new York, NY ( US ) 1 - all posted by employees working at.. Three full decades, Venture capital firms business the second day based on above.