On the short list of things you can’t do on rewards-based crowdfunding sites, offering any kind of stake in your company is pretty much tops. This hasn’t stopped one crowdfunder on Indiegogo from going full honey badger.
The campaign seeks a million dollars on a flexible funding model, which is a huge red flag in itself. The company supposedly behind the campaign, Filopur, has an active page on Crowdfunder that explains the history behind the campaign, but I’m not here to talk about that.
At a $100,000 reward level, you can secure a 10% stake in the company. On Indiegogo. Yes, you read that right.
Crowdfunders, don’t offer a stake of any kind on your rewards-based campaign.
We took a screen shot for the sake of preserving history. The campaign will almost undoubtedly be pulled as soon as Indiegogo catches wind. Click the image for a full view.
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