California 88

California 88

The New York area’s only wine bar dedicated exclusively to California wines.

The New York area’s only wine bar dedicated exclusively to California wines.

Overview

Raised to Date: Raised: $125,000

Total Commitments ($USD)

Platform

NextSeed

Start Date

02/09/2018

Close Date

04/30/2018

Min. Goal
$100,000
Max. Goal
$125,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/05/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,582

# of Investors

181

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Location

Brooklyn, New York

Who Should Be Interested:
Do you love wine? Specifically, do you really enjoy California wines? And do you live in the Brooklyn, NY area? If you said yes, then investing in California 88 might be for you. They plan to open up a wine bar dedicated exclusively to California wines in the Greenpoint area, giving people a place to taste, learn, and experience all of the different wines.

The Company:
California 88 is a wine bar set to open in the late spring of 2018 in the Greenpoint Brooklyn, New York area. Right around the corner from McCarren Park, California 88 will feature exclusively California wines, and their wine program will be truly one of a kind -- they will offer every bottle available by the taste or the glass. This means that customers can indulge in a rare $180 bottle of wine...at a tasting price of just $9. The goal behind California 88 is for patrons to become their own wine experts and learn what wines they most enjoy. California 88 will offer 88 California wines, be open Monday through Sunday, and offer locally-sourced, organic small plates, charcuterie, and cheeses, as well as weekend brunch. In addition to just being a comfortable and inviting place to meet some friends, the bar will also offer tasting classes, private winemaker dinners, and California wine country retreats.

The Bottom Line:
Owner Eric Hsu knows wine. He co-founded WineDirect, which is the largest e-commerce platform in the wine industry, and his entire team has deep food, wine, and hospitality experience. With that knowledge, bringing a little West coast wine love to the Greenpoint Brooklyn area is something we can all raise a glass to. Cheers!
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
California 88 on NextSeed
Platform: NextSeed
Security Type: Debt

Follow company

Follow California 88 on NextSeed

Buy California 88's Deal Report

Warning: according to the close date for this deal, California 88 may no longer be accepting investments.

California 88 Deal Report

Get KingsCrowd’s comprehensive report on California 88 including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether California 88 is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the California 88 deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge