Uploaded Fishing Financing
Uploaded Fishing, Llc, Limited Liability Company just filed form D for $100,000 equity financing. This is a new filing. Uploaded Fishing was able to finance itself with $100,000. That is 100.00% of the fundraising offer. The total private financing amount was $100,000. The financing form was filed on 2016-10-14. The reason for the financing was: Funds raised proposed to provide founder with salary compensation.
Uploaded Fishing is based in Alabama. The company’s business is not disclosed. The form D was signed by Brandon Shaye Baker Member, Manager and CEO. The company was incorporated in 2016. The filler’s address is: 4001 Gammils Store Road, Tallassee, Al, Alabama, 36078. Brandon Shaye Baker is the related person in the form and it has address: 4001 Gammils Store Road, Tallassee, Al, Alabama, 36078. Link to Uploaded Fishing Filing: 000168733016000001.
Analysis of Uploaded Fishing Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Uploaded Fishing sold 100.00% of the offering. Could this mean that the trust in Uploaded Fishing is high? The average investment offering size for companies in all industries in our database is $3.05 million. The offering was 96.72% smaller than the average of $3.05 million. Of course this should not be seen as negative. Companies raise funds for different reasons and needs. The minimum investment for this offering was set at $100000. If you know more about the reasons for the financing, please comment below.
What is Form D? What It Is Used For
Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.
Why Fundraising Reporting Is Good For Uploaded Fishing Also
The Form D signed by Brandon Shaye Baker might help Uploaded Fishing, Llc’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.
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