Valhalla Esports Lounge

BETA

World's first fan-owned Esports Bar!

Analytics

Raised to Date: $9,475

Aggregate Commitments $
Platform

Wefunder

Start Date

06/19/2020

Close Date

09/18/2020

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$8,000,000

Discount Rate

0%

Weekly Commitments $
Status
Funded
Reporting Date

09/16/2020

Days Remaining
Funded
% of Min. Goal

19%

% of Max. Goal

4%

Likelihood of Max
Funded
Avg. Daily Raise

$104

# of Investors

32

Momentum
Funded
Location

Houston, TX

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Valhalla Esports Lounge, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. It is the world’s first fan-owned esports bar, founded by experts in esports and hospitality. It creates a refined esports bar experience with high-quality food, drinks, gaming consoles, 12 pc gaming arena, and over 20 televisions. Valhalla Esports Lounge was founded by Hans Goss and has raised more than $1.2 million since its inception. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $250,000, and the funds will be used for rent, payroll, and maintenance. Valhalla Esports Lounge does esports tournaments in the day and transitions to high volume drink service at night.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$191,986

$0

COGS

$82,507

$0

Tax

$0

$0

 

 

Net Income

$-534,219

$-39,937

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$17,920

$73,170

Accounts Receivable

$3,584

$0

Total Assets

$554,679

$73,170

Short-Term Debt

$170,629

$0

Long-Term Debt

$945,099

$0

Total Liabilities

$1,115,728

$100,000

Ratings

last updated 09/16/2020

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