Text Summary Of This Email
48 Hours Remaining: Get All Your Questions Answered Before the Campaign Closes!
Hi everyone,
As many of you are deciding on your investment in Lovebox during these final hours before our campaign closes, I have compiled a list of the most common questions you asked me with their answers. Please don't hesitate to reach out directly to me if you have any further questions!
When will I get my money back and my 2x return?
According to the Wefunder revenue-share loan agreement, we will make repayments every quarter based on our revenue in the previous quarter. It's very straightforward and ensures recurring disbursements back to you. We will repay investors 4.46% of LOVEBOX INC's revenue at the end of every quarter, shared pro rata among investors based on the amount you invest. We will continue this until we have repaid 2x your investment. For example, if you invest $10,000, quarterly disbursements will continue until we have repaid $20,000 to you!
How much revenue has Lovebox generated so far?
Since launching in 2017, we have generated over $24 million in global revenue.
Why a revenue-share investment opportunity instead of equity (selling shares of the company)?
We believe a revenue-share deal better suits the stage of our company and is more advantageous for our community. Equity investments are unpredictable regarding when you might see a return, dependent on events like acquisition or going public, which are uncertain. With a revenue-share deal, your return on investment is fixed at 2x, and you receive your money back progressively, as we generate revenue each quarter. This arrangement also allows us to manage repayments more flexibly, aligning with our revenue cycles.
If I become an investor, will I have a say in the company's roadmap?
Absolutely! We offer a seat on our community-led advisory board to anyone who invests, starting at $100. This board receives quarterly updates and invitations to participate in meetings. Your insights will be valued, regardless of the amount you invested. I am a strong believer in the value of community-led business strategies.
What's the biggest challenge the company is facing right now?
Our major challenge is developing more predictable recurring revenue and diversifying our product range and distribution channels. The projects funded by this Wefunder campaign are all designed to address these challenges. From enhancing our subscription revenues, which have already grown by 100%, to expanding into new markets with products like Happy Loop and the upcoming Alo Photo Frame Box, we are continuously innovating.
Why are you raising funds on Wefunder?
The current economic climate has made traditional equity investments less favorable, particularly in the consumer startup sector. Many investors have pulled back, especially after the speculative bubble of 2020/2021. Conversely, the inflation crisis makes it imperative for consumers to seek investments that promise substantial returns. Our revenue-share crowdfunding campaign offers an excellent opportunity for our community to potentially double their money while supporting our mission to spread love and strengthen human connections.
Until when can I invest?
You can make your investment until April 29th at 11:59 PM Eastern Time. It's crucial to complete your investment on the platform before this deadline, although payment can be finalized in the days following the close date.
Invest starting at $100
I hope these answers assist you in making your decision! The amount we've already raised on Wefunder has made this campaign a huge success, but every additional dollar will significantly impact our ability to grow the company.
With heartfelt thanks,
Jean Gregoire
Founder & CEO, Lovebox
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