PROPS

PROPS

Closed: Jan. 2018

About this raise

PROPS is raising funds on Republic. It is a decentralized ecosystem of video applications by YouNow. PROPS aims to solve the biggest problem in social media by enabling users to earn for their contributions to the network transparently and programmatically. The platform powers network engagement and growth and has a community of 40 million registered users who perform 62,000 microtransactions per day. Adi Sideman founded PROPS in October 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for future wages and general working capital.

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Investment Overview

Invested this round: $1,070,000

Deal Terms

Platform
Republic
Start Date
12/11/2017
Close Date
01/11/2018
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$50

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Location
El Cerito, California
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
as of FY2017
 Cash on Hand
$0
as of FY2017

Summary Profit and Loss Statement

FY 2017 FY 2016

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2017 FY 2016

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/11/2018 Republic - $1,070,000 Debt Funded RegCF
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PROPS on Republic 2018
Platform: Republic
Security Type: Debt

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Buy PROPS's Deal Report

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

PROPS Deal Report

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

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