Fools.com - Raise your friends, family, and fools round.
What running a round on Fools looks like.
Fools is a workspace for a round you run yourself.
Your pitch in your own words
A pitch on Fools has a deck or a video, your terms, your stake in the company, and receipts. Your stake covers when you went full time, the money you put in, and what you left to build the company. Receipts are dated things that already happened, each with a link.
You write the pitch and record the video yourself. The editor lists questions to answer on camera. Before you publish, you can open the raise page as investors will see it.
Your pipeline of potential investors
Add the potential investors you plan to ask. Tag each one by relationship and by check band.
- $100 to $500
- $500 to $1k
- $1k to $10k
- $10k to $25k
- $25k+
Each person is not yet asked, asked, thinking, committed on the portal, or passed. Follow-up dates come from your timeline. The round page lists who is due today.
The timeline
The plan has three dates for soft launch, public, and close. Soft launch aims for 25% of the target. Public aims for 65%. Close aims for the full target. The follow-up schedule comes from those dates.
Investors can cancel until 48 hours before the close.
Readiness and Form C
The checklist has three groups for before filing, the Form C, and before launch. Each item names a document or a decision the Form C needs. Your company files its Form C with the SEC. Our licensed broker-dealer partner runs identity checks and payments. The partner holds the money.
Updates to your investors
Your investors hear from you in the workspace. You write each update in your own words. Before you post, Fools checks it for forward-looking claims and shows you the sentence. You decide whether to edit it or keep it.
Your round runs through our licensed broker-dealer partner.