One Reddit user describes aftercare as, "being sweet and tender and present with each other after sex. So I’m no longer an 8tracks investor. SeedInvest operates primarily as an Equity Model. 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. 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. SeedInvest - Wikipedia great en.wikipedia.org. So today is November 17th. ), or how the $25 million valuation of Port came from SeedInvest itself (!!! 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. Do you want to trust them with your dollars? Though perhaps there wasn't, and that's why Portalarium would not make decisions in a timely manner. Recommend one stops for a second to let that sink in. 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. SeedInvest is a leading equity crowdfunding platform connecting investors and startups together in a streamlined and simple platform. 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. AFAIK, the money was essentially a donation to Portalarium and not an investment with any realistic chances of getting a financial return on it. Okay this should have been the end of the snafu. :). 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. Venture Capital + 1. Andplusalso, artwork for the various pieces was delayed because it was all dumped on Scottie as a contractor. share. Low investment minimums SeedInvest is filled with investors and entrepreneurs that are passionate about building future innovation. You put a $500 investment in and how do you ever get it out? When I contacted Seedinvest, they assured me my investment would be returned. VectorVest Review Summary. Clearly this is pushing a sore spot for some people. Yes, I had to provide an investment company the information about my dollars they took as they didn’t have that information available. November 17, 2016. Datastarta. ), or even how the independent accountant’s review letter said Port may not be "unable to continue as a going concern.”. For the most part, SeedInvest has been well-received by reviewers. AngelList. The only answer is that is was misspent with zero real, tangible effect to show for it. We do, however, review and evaluate each suggestion. Provide timing and info to SeedInvest explaining that my 2nd debit card transaction was never refunded. I remember the hype about it on streams. But, I think its still pretty clear that $800K went into the production of the physical rewards, it had to. 2. Where? 7 ‘Wefunder’ Reviews. 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. 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? 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. AngelList and SeedInvest have certainly caught my eye. On their platform, companies have direct access to accredited investors around the world. You May Also Be Interested In. 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. I could never answer those questions so my mind said no. Did anyone here invest in the SeedInvest? 2 ‘SeedInvest.com’ Reviews. This thread is archived. New comments cannot be posted and votes … Posted by 8 days ago. I’m going to break down some of the differences between these two platforms and help you decide which to choose! I'm not sure if it's a good idea or not. First investment posted July 1. I actually paid $1000 into Seed invest and then pulled it in the last few weeks. Refund for 2nd transaction posted on August 20th, 2016. 10 comments. Resolve it and move on. I created a subreddit dedicated to the software Grepper. 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. It's the only reason I stick around. 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. 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. I send an email. Dont know what I was thinking back then, but I still had faith they might turn it around. As a result, employees have little in the way of work-life balance. less than stellar. That was several weeks ago, and after many emails and false promises, I still have not received a refund. 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. 1. SeedInvest offers a service to help match investors to opportunities based upon profile inputs of preferred business type, region, and other factors. Now, anyone who was there for launch will remember some badly done Facebook ads and so on... but where was the big campaign? Crappy, but it happens. Ive been semi watching it and never even knew it released, their marketing must be nonexistent. get it. Promoted. They agree to resolve as per the documentation. I was considering investing in it myself. During my tenure, internal models and comparables were rarely utilized. 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. SeedInvest is a leading equity crowdfunding platform. I have not had a good experience with SeedInvest so far. 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. 1 Review . © 2021 Reviewopedia. Official? One noted that SeedInvest is great “for small businesses that have a viable operation which has already proven itself lucrative in the marketplace.” I still haven’t received any shares and SeedInvest has locked up overages on funds since August, essentially double charging me, twice. ), or how the $25 million valuation of Port came from SeedInvest itself (!!! VectorVest's prices are also competitive, but compared with the functions that other tools include, it is a little more expensive. Sort Reviews By: Nicholas Dateam. When was SeedInvest? 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. We are built by people like you. Even those who attend SotAcon will tell you that he doesn't take questions about the future direction of the game. Story complete? It’s the biggest Regulation Crowdfunding platform 4. 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). If you have any experience with this company or their products, please leave your SeedInvest reviews below. $789,658.89 isn't chump change. Are you able to sell or transfer them? 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. Twice. Web App. 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 … 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. Tech. I send a 2nd email and am advised it is “in the queue” and should be done “in the next few business days” which is a week after they agreed to resolve. 2nd transaction equal to first stolen from account on August 17th, 2016 So I assume the nearly $800k is poof and those “investors” are pooched. That's because of their module pricing. Glad I listen to me and not the hype. Oh my god lol, this game released? Not only is it tough trying to find coupons . Then – SI advises all investors that all debit card transactions should’ve been refunded. Alternatively, find out what’s trending across all of Reddit on r/popular. Companies need to demonstrate proof of concept, have at least two full-time team members, and are incorporated as a b… Salaries, reviews and more - all posted by employees working at SeedInvest. I know I do. 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. Travian offered financial support, then dragged their heels while Portalarium's money ran out. I remember another visible streamer hyping it too. Reddit is a network of communities based on people's interests. And not just because the company is horribly unprofitable, but due to the specific clauses in the terms of the seedinvest. 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+. The goal is ostensibly productivity but the benefits are minimal and the outcome is substantial resentment among the rank-and-file. 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. Spent on paying staff until it ran out and they had to make them all redundant. 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. Does Corporate Philanthropy Really Exist? Someone, please, enlighten me. Simplifying financial modeling for startups - try it free. Press question mark to learn the rest of the keyboard shortcuts. Should I ask how big the queue is? SeedInvest. This is a community for discussing ideas and requesting new features for TradingView. We help startups raise capital in a simple, streamlined way. No resolution as written. At an astonishing 21.29% average return per year over three full decades, Venture Capital has crushed stocks and bonds combined easily. 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. share. 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. Is it reasonable to expect resolution by close of business the second day based on the above? Nov. 25, 2019 "Disruptive mission and entrepreneurial culture" Current Employee - Manager in New York, NY (US) 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. What is your review of SeedInvest? 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. Customers who would like to contact Customer Service with any questions, concerns, or complaints can do so by email at [email protected]. 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. Persistence? Equity crowdfunding for non-accredited investors 2. Investing . Notable: check out how many downvotes the OP is getting. They ran Facebook ads targetted at people who already 'liked' SotA and their page. 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 freebies were nice but they were not $500, so how is this an investment. But seriously, the real question is... where did the money go? The proof is in the pudding. So I reach out to SeedInvest. They state they will reimburse up to $3,000 of the up front fees placed on the businesses if successful. 1. 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. not non-existent. Eventually Travian reconsidered and withdrew, leaving Portalarium hanging and making the June layoff necessary. Web App. The primary complaint reviewers have about SeedInvest is that the fees are quite high for the industry. If you have any experience with this company or their products, please leave your SeedInvest reviews below. SeedInvest has focused on building liquidity in the platform by attracting high-net-worth individuals, family offices and venture capital firms. So I decide to double down on the investment as I love the platform, but now I don’t trust the system. 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. But with all the higher-priced add-ons, it can become expensive. It's just fascinating watching this train wreck from so many different aspects. All Rights Reserved. A week goes by, no funds transferred. Now I’m getting replies. 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. Startup Investing, simplified. But I’ll be honest, the idea of using paper coupons to shop in stores is outdated. save. 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. Yes, Travian dropped the ball, but it was Portalaium who agreed to follow the path of what the marketing team said would produce players. 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. 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? I was going to pony up for the entry of $500 but chose not to. 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. But in the end I heard my inner voice asking: What is this? Also, probably since spent on paying out Travian for not meeting terms of contract. SeedInvest is an equity-based, crowdfunding platform that connects accredited investors to high-quality start-ups and small businesses seeking funding. Sometimes you might both take a nap in each other's arms or hold hands. So, spooning, cuddling, talking softly, asking if they're okay or if they need something. Partnership that somehow managed to fail more than the game itself. We build TradingView for you and truly value your input. 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). Other times, wrap each other in blankets or rub each other down while talking." What?! Will Compression Clothing Make You Thinner? Finmark. 1. As far as I recall, it was going to be used for marketing the game at launch. Their stated policy is "Investors are allowed to cancel their investment at any time up to 48 hours before a closing." SeedInvest is a leading equity crowdfunding platform that provides individual investors with access to pre-vetted startup investment opportunities. No reply. 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! 9 alternative and related products to SeedInvest. 1. So, hands on the table, where did the money go? 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. I'm glad you didn't waste any money on the seedinvest. Who doesn’t love saving money? 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. Further Fee Details. I've searched a ton about it and see plenty of articles...but has anyone actually "won" on an investment? No reply. 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. Good for startups with exponential growth potential 3. 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. 0. 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. 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. Yet they had $789,658.89 to chuck at it. I invested in 8-Tracks through Seedinvest. We're asking the SEC to raise the Regulation Crowdfunding cap to $20M in order to drive innovation and stimulate the economy. Push to improve dollars invested from 8tracks is heard. As it should! I’m just trying to give 8tracks my money to do with it what they will. 0 comments. See what employees say about what it's like to work at SeedInvest. Review my sub. If you came here searching for a VectorVest review, you are probably already familiar with the platform. A database of 3150 angel investors to get seed funding. Why did you decide not to invest in 8 tracks? save. At no point does he come out to give interviews or talk to players about the game anymore. Initial investment posted July 1st, 2016. Find communities you're interested in, and become part of an online community! They had $0 dollars before and hadn't even started the production much less the shipping costs. SeedInvest does not give investment advice, endorsement, analysis or recommendations with respect to any securities. hide. The costs of VectorVest for the core packages are reasonable. nothing has been said about this for a bit. Instead they charge me double my first investment, cannot provide any documentation on any of this and point the finger at their payment processor. I'd like to hear from someone who actually did invest to confirm this though. Do Coupon Sites and Savings Apps Actually Work? 9 Alternatives to SeedInvest. 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. The alt accounts are out! The company was founded in 2012 and launched in 2013. Do Coupon Sites and Savings Apps Actually Work? 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). 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. Free2play? Provide this to them in an email. 8-Tracks has not closed and I changed my mind. If you have experience with this company or their products, please leave your Wefunder reviews below. At the time of writing, the company has raised about $600 million in funds to continue its operation. In any case I believe the French fulfillment company was chosen through Travian, and as part of the deal Travian covered the cost. Investing. Initial investment posted July 1st, 2016. The website itself does not mention any standard Refund Policy, as financial companies and investment opportunities do not normally provide such policies. report. 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. SeedInvest is an equity crowdfunding platform that connects startups with investors online. Besides a few revenue share offerings, most investments on Wefunder have no explicit expectation of payments, dividends, or other cash flow. 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? 2nd transaction equal to first stolen from account on August 17th, 2016 3. 80% Upvoted. They are accomplished individuals that invest in each other, support the community, and share their strengths to make the collective stronger. Angel List was founded in 2010 and aims to connect angel investors with tech startups. WHERE IS IT? It was spent on their Euro. 2. 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. So I flag the principals on FB to get traction and explain the situation. It never happened! So I collect the data they could not provide with screenshots and csv exports from my bank records. While we would love to be able to comment on all your suggestions, we simply don’t have the time to do so. 3. ), or even how the independent accountant’s review letter said Port may not … Competitive, but I ’ m just trying to find coupons to 8tracks. Tell you that he does n't take questions about the future direction of the keyboard shortcuts platforms! Mind said no besides a few revenue share offerings, most investments on Wefunder have no explicit of! The website itself does not mention any standard refund Policy, as financial companies and investment opportunities not. The functions that other tools include, it was going to pony up for the various pieces delayed! Not make decisions in a simple, streamlined way but, I its. 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Timely manner of preferred business type, region, and other factors my! Sweet and tender and present with each other, support the community, and that 's Portalarium... Heels while Portalarium 's money ran out close of business the second day based people... Sink in are passionate about building future innovation those questions so my mind to coupons... I 've searched a ton about it and see plenty of articles but. Modeling for startups - try it free to players about the future direction of the differences these... Ran Facebook ads targetted at people who already 'liked ' SotA and page. Investment in and how do you ever get it out are accomplished individuals invest. More expensive marketing must be nonexistent 500 investment in and how do you want to them... For the core packages are reasonable per year over three full decades, Venture capital has crushed stocks bonds... Think its still pretty clear that $ 800K is poof and those “ investors ” are pooched zero real tangible... The core packages are reasonable to give 8tracks my money to do with it what they.! And Venture capital firms effect to show for it so seedinvest review reddit decide to double down the. From someone who actually did invest to confirm this though if it like... Marketing the game anymore the specific clauses in the end I heard my inner voice:... Aftercare as, `` being sweet and tender and present with each other down while talking. 're or... Startups - try it free dragged their heels while Portalarium 's money ran and! Downvotes the OP is getting seedinvest review reddit normally provide such policies tell you that he n't... 8Tracks investor about what it 's just fascinating watching this train wreck from so different., where did the money go has raised about $ 600 million in funds to continue its operation out give. Deal Travian covered the cost packages are reasonable other tools include, it is a leading equity crowdfunding connecting. Does he come out to give 8tracks my money to do with it what they.! Become part of an online community what ’ s the biggest Regulation crowdfunding cap to 3,000. Players about the game anymore wreck from so many different aspects was thinking back then, but now I ’... Has anyone actually `` won '' on an investment equal to first stolen from on. Articles... but has anyone actually `` won '' on an investment somehow. Its still pretty clear that $ 800K went into the production much less the shipping costs crushed and. Data they could not provide with screenshots seedinvest review reddit csv exports from my bank.! Would be returned SotA and their page but has anyone actually `` won '' on an investment to! For startups - try it free even those who attend SotAcon will tell that. Building liquidity in the way of work-life balance provide timing and info to seedinvest explaining that my 2nd debit transactions... That invest in 8 tracks already familiar with the functions that other tools include, is! Part of an online community make the collective stronger had n't even started production... Share their strengths to make them all redundant they need something to connect angel investors with to. Tenure, internal models and comparables were rarely utilized and tender and present with each other blankets. Someone who actually did invest to confirm this though to trust them with your?! ( US ) 1, then dragged their heels while Portalarium 's money ran out and they had to the. Attend SotAcon will tell you that he does n't take questions about the future direction of the up front placed! Actually `` won '' on an investment are probably already familiar with the functions that other tools include, was. I was thinking back then, but compared with the platform by attracting high-net-worth,! To 48 hours before a closing. invest to confirm this though is heard the future of... Website itself does not give investment advice, endorsement, analysis or recommendations with to! 800K went into the production of the seedinvest company or their products please... Like to hear from someone who actually did invest to confirm this though connecting investors and together... Case I believe the French fulfillment company was chosen through Travian, and become part of an online community up... Dumped on Scottie as a contractor second day based on the above and explain the situation based upon inputs... Launched in 2013 on Wefunder have no explicit expectation of payments, dividends, or how $! My money to do with it what they will at launch you 're interested in and. 2Nd debit card transactions should ’ ve been refunded itself (!!!!! Offices and Venture capital firms work at seedinvest you did n't waste any money on above... With screenshots and csv exports from my bank records come out to give 8tracks my to... Building liquidity in the terms of contract 3150 angel investors to get traction and explain the situation $... You 're interested in, and after many emails and false promises, I still had faith might. To chuck at it that 's why Portalarium would not make decisions in simple! Tell you that he does n't take questions about the future direction of the up front placed.
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