Rocketclub
startup stock for being there early
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RocketClub - Get startup shares in the products you use & love

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Very cool! And love the stake in RC offer to PH peeps! :)
Maker
Thanks Josh! Just trying to show our appreciation
The idea is very cool! Seems like a fair way of getting this early traction a lot of startups are looking for. Good luck for the next steps :)
Maker
Thanks! We're working on just that, helping startups get that early traction. Helping companies get the data (qualitative or quantitative) they need to get to product-market fit.
This is very cool. Democratizing the early traction game. Nice! How might other startups apply to participate?
Maker
Register as a company here and create a campaign: Ping me directly if you ever have any questions .
Maker
It’s not about us.. let me introduce and of SHOPnCHEF. They create custom meal plans based on your entire family’s dietary needs and restrictions. They even deliver the groceries if you’re out in the San Jose area!
Maker
Uh... could somebody please give an invite so he can explain why SHOPnCHEF is awesome? :)
just did!
Maker
Erik, cool idea going here for sure. I hope it catches on!
Maker
I sure hope so too. It will work out with your support!
and Sorry I am late to the party today, stuck in meetings, but Congratulations! Great Hunt today and you know I am a huge fan and cannot wait to start earning shares in these very cool companies. Great Job!
Maker
thank you. Its never too late to show up at our party, we're honored you made it here. Hope we can make this a win-win for everyone.
Could you explain what happens to my 100- 500 shares when the startup starts taking VC money, I am sure my shares will liquidate, and will be essentially worthless (if I even have any left). Not sure as a early backer if this is how I would have liked to be treated, and few bad reviews could really hurt your product. Overall cool concept but really confusing.
Maker
I'm glad you asked. RocketClub has the rights to decide when to liquidate the shares for all its members. Having said that, the current idea is to hold onto the shares like any instituional investor would (until an exit in the form of public offering or acquisition). Liquidating anywhere in between would break the idea of keeping long-term goals aligned. Do you think that's accurate ?
Maker
the number of shares you own will stay the same regardless of any funding event, however the value per share can increase. We are obligated to pay out the users on any cash acquisition event, hence we cannot sell before then. Let me know if it makes sense.
This reminds me a bit of (formerly alphaworks) with the very very important distinction that you're trading services rather than money and don't have to be an accredited investor. But I'm also a little unclear on the legal/tax implications - I don't understand how you could avoid a huge tax penalty if/when you finally exercise your shares.
Maker
Our members actually earn stock appreciate rights (SARs), which don't have any tax liabilities. When RocketClub exercises the warrants granted by the startup, we do pay taxes. Its just that members receive a check in the mail after those fees. is the master here.. will let him confirm..
Maker
that is correct. the tax liability comes when we exercise our warrants, hence we can defer paying taxes until then.
Super excited to be one of the first on RocketClub! Brilliant platform that anyone can use to discover and support startups! Stoked!
Maker
Thank you. Giving EVERYONE access to startups is what we're aiming to do. Empowering the users!
Rockets!!! I thought about similar products in the past and I'm so happy that you create it! The info/about is too complicated and some of my friends didn't understand what is really mean, but with the right fixes, you absolutely gonna rock!
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