Is this crowdfunding?
Yes, but unlike donating money on crowdfunding sites such as Kickstarter or Indiegogo, where you receive a product or reward, when you invest in Social Bluebook you are buying stock in the company.
Can I make money from this?
That is the ultimate goal. However, we are a startup company and this is an early-stage investment opportunity. As such, it is a long-term investment and commitment. If we have a liquidity event (e.g. acquisition, IPO) you may be able to sell your shares at that time.
What is the price per share?
The price per share is USD $3.0029.
The minimum investment is $500, but shares are $3.0029 each. Will I own a fraction of a share if I invest the minimum?
No, we do not offer fractional shares. When you enter the amount of money you want to invest, your amount will automatically be rounded to the nearest whole share. For example, if you wanted to invest USD $500, the program will automatically round it up to $501.48 to the nearest whole share (at 3.0029 per share).
How was the share offering price calculated?
The valuation of the company was based on many factors, including historical performance, our high profile investment team, and expectations for future sales and profitability. The valuation was not based on any set valuation criteria and was not based on an independent, third party valuation.
How much capital is the company attempting to raise?
We have filed to raise up to $12,000,000 by selling up to 4,000,000 of our preferred shares, to be used as set forth in the "Use of Proceeds" section of our offering circular.
Will Social Bluebook pay dividends?
Not in the immediate future. As a start up, all revenue will go directly back into the business, allowing us to invest in the development of more tools and further the growth of the company's overall value.