Yes, you can increase your investment now, as well as after I open the round (which I will do once I hit $50,000). But not once I close it (which will be about one to three months after opening it). You shouldn't have to fill out any documents, only I will (and my lawyer!). WeFunder makes it pretty easy for everyone else!
Yes, you can increase your investment now, as well as after I open the round (which I will do once I hit $50,000). But not once I close it (which will be about one to three months after opening it). You shouldn't have to fill out any documents, only I will (and my lawyer!). WeFunder makes it pretty easy for everyone else!
So I am looking at what level (the $100 I selected is just silly as an investment, though perfect as a donation to something one believes in). So will larger investments get a larger cash return, or just more perks? I certainly don't want to reserve fifty copies of the book, for instance!
Yes, larger investments will get a larger cash returnтАФthey own a larger share. So, for example, imagine one person invests $30,000, one at $10,000, one at $5,000, and 25 people at $200. They will own 60%, 20%, 10%, and 0.4% of the total investor returns respectively.
If I sell 20,000 ebooks at $20, we'd earn $400,000. 40% of that ($160,000) will go to investors which means those people would earn $96,000, $32,000, $16,000, and $640 respectively.
I'm also happy to do custom tiers. Those are just guidelines to get people involved, and I've been meeting with investors personally to see what would be the way they'd be most interested in participating. You certainly don't need 50 books if you don't want them. ЁЯШЖ
Yes, you can increase your investment now, as well as after I open the round (which I will do once I hit $50,000). But not once I close it (which will be about one to three months after opening it). You shouldn't have to fill out any documents, only I will (and my lawyer!). WeFunder makes it pretty easy for everyone else!
So I am looking at what level (the $100 I selected is just silly as an investment, though perfect as a donation to something one believes in). So will larger investments get a larger cash return, or just more perks? I certainly don't want to reserve fifty copies of the book, for instance!
Yes, larger investments will get a larger cash returnтАФthey own a larger share. So, for example, imagine one person invests $30,000, one at $10,000, one at $5,000, and 25 people at $200. They will own 60%, 20%, 10%, and 0.4% of the total investor returns respectively.
If I sell 20,000 ebooks at $20, we'd earn $400,000. 40% of that ($160,000) will go to investors which means those people would earn $96,000, $32,000, $16,000, and $640 respectively.
I'm also happy to do custom tiers. Those are just guidelines to get people involved, and I've been meeting with investors personally to see what would be the way they'd be most interested in participating. You certainly don't need 50 books if you don't want them. ЁЯШЖ