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[Source](https://gab.com/shadowknight412/posts/111219692379342569)

(post is archived)

[–] [Sticky] 1 pt (edited )

They are class-d non-voting shares, so you won't have voting rights. They are raising 5mm on a pre-money valuation of 250,876,725, so they are selling about 2% of the company for 5mm.

They straight up tell you "The Investors may have to hold the Securities indefinitely".

and..

"The Securities may be significantly diluted as a consequence of subsequent equity filings."

To get a 10x out of this, Gab would have to be worth 2.5 billion, and you are going to get creamed when the VC's come in later and dilute your shares (which you have no control over), so it would have to be worth well north of 2.5b to get your 10x for the risk.

This is a company directly in the cross-hairs of global jewry. They are one lawsuit away from bankruptcy at all times. They are one bank regulator call away from GabPay TM being canceled. A 250m valuation here is incredibly steep given their revenue and the risk involved.

If it was structured as convertible debt, or had some protection for investors around dilution, maybe, but this is a pretty raw deal. It's clearly targeted towards dumb money. It's almost charity.

I think I'll pass on that one.

Here is the "learn more": https://vccross.com/project/invest-in-gab

Here is the "offering memorandum": https://vccross.com/capitalengine.io/offering_images/21/75GabAIIncFormC.pdf

[–] 0 pt

No profit sharing?

[–] 2 pts

Only the blame

[–] 1 pt

I lol'd, but that's too true to be funny.