Jon Winston
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May 15, 2019, 06:01:00 AM |
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Who needs to have a Bad Actor Check run on them?
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If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
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Larion Drake
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May 15, 2019, 06:12:53 AM |
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Who needs to have a Bad Actor Check run on them?
Anyone in your company that falls into one or more of these categories must provide Republic their full name legal name, SSN/TIN, phone-number, address and DOB: Officer (anyone with "officer" in their title); Director (anyone on your board, but not informal advisors); and/or Any person or entity that holds 20% or more of the company.
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Miriam WolfStavish
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May 15, 2019, 06:13:52 AM |
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What kind of startups are accepted to raise?
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trimpo
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May 15, 2019, 06:26:44 AM |
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How do I know if my financials are GAAP compliant?
GAAP refers to "generally accepted accounting principles", an industry standard for reporting financial information. To fundraise using Regulation Crowdfunding, you must submit your financial statements in GAAP format.
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VeloCHARAPtor
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May 15, 2019, 06:31:41 AM |
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If you're still not sure, it's best to check with a CPA. We recommend using Kristine Rasmussen from Assure ( krasmussen@assure.co). Most startups that have raised on Republic work with Kristine.
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VincentoDoraimon
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May 15, 2019, 06:33:09 AM |
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Remember, if you want the ability to raise over $107,000, you must have your GAAP finances reviewed by an independent CPA.
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DivinityEgo
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May 15, 2019, 06:34:48 AM |
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What is the minimum investment amount?
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DonyTramp
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May 15, 2019, 06:35:34 AM |
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What is the minimum investment amount?
Each company sets their own minimum investment amount. Republic’s platform-wide minimum is $10.
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Fenomenon
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May 15, 2019, 08:27:43 AM |
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Remember, you cannot receive perks if you invest with your self-directed IRA due to tax law.
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Heddion
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May 15, 2019, 08:29:21 AM |
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How does investing on Republic work?
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Larion Drake
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May 15, 2019, 08:33:02 AM |
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How much can I invest?
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Neverlessyou
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May 15, 2019, 08:37:00 AM |
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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.
Reminder: This is your annual limit for all Title III investments—not just those on Republic.
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trimpo
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May 15, 2019, 08:41:49 AM |
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How does the waitlist work?
If the campaign reaches the maximum goal, no more investments can get accepted and all following investment commitments get added to the waitlist. If one of the earlier investors decides to cancel or doesn’t fund their investment in time, the first person with the matching or lower desired allocation on the waitlist will get their spot. For example, If space opens up for $1,000 and your waitlisted investment is $1,500, you won't get in, but the person behind you with a $900 waitlisted investment will get in, and the next person with a $100 waitlisted investment or less will get in as well.
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VincentoDoraimon
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May 16, 2019, 12:38:56 AM |
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For example, you had a $1,000 investment finalized and you later invested an additional $600. You can now:
increase your total investment to $1,800 ($1,000 finalized + $600 new + $200 increase), decrease your total investment to $1,200 ($1,200 locked + $200 new), cancel your $600 investment (prior to the cancellation deadline) and be left with the original $1,000 investment but you could not reduce your total investment below $1,000.
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DivinityEgo
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May 16, 2019, 12:40:36 AM |
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Is investing in startups risky?
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Fenomenon
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May 16, 2019, 12:46:48 AM |
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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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Heddion
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May 16, 2019, 12:47:50 AM |
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Ken Nguyen, Republic’s CEO, is the former General Counsel of AngelList and co-founded Republic with Paul Menchov, a former technology officer of AngelList and co-founder/CTO of CoinList.
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