FCF- Beasts

Early Stage

Fan Controlled Football – The pro sports league where fans call the shots

Analytics

Raised to Date: Raised: $7,690

Aggregate Commitments $

Platform

Republic

Start Date

06/28/2022

Close Date

08/31/2022

Min. Goal

$25,000

Max. Goal

$100,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$12,500,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

08/07/2022

Days Remaining

24

% of Min. Goal

31%

% of Max. Goal

8%

Likelihood of Max
unlikely
Avg. Daily Raise

$192

Momentum
cold.svg
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Location

Hermosa Beach, California

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

FCF- Beasts, with a valuation of $12.5 million, is raising funds on Republic. Beasts is one of the teams of Fan Controlled Football, the form of entertainment that allows fans to control real-time play calls, jersey designs, and just about everything. FCF- Beasts is owned by NFL running back Marshawn Lynch, WNBA star point guard Renee Montgomery, and WWE professional wrestler Miro. Sohrob Farudi, Ray Austin, Grant Cohen, and Patrick Dees founded FCF- Beasts in September 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used to attract key strategic and distribution partners.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$355,718

$0

COGS

$63,754

$0

Tax

$0

$0

 

 

Net Income

$-428,390

$-118,197

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$26,003

Short-Term Debt

$0

$0

Long-Term Debt

$194,680

$144,200

Total Liabilities

$194,680

$144,200

Financials as of: 06/28/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
FCF- Beasts 08/31/2022 Republic $12,500,000 $7,690 SAFE Active RegCF
FCF- Beasts 04/30/2021 Republic $7,500,000 $353,070 SAFE Funded RegCF
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FCF- Beasts on Republic 2022
$
Platform: Republic
Security Type: SAFE
Valuation: $12,500,000
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