readfy | Updates
This investment carries considerable risks and may lead to a complete loss of the capital invested. More
By Frank Großklaus

Record-breaking Equity-based Crowdfunding Campaign

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Public

Dear Companists,

The progression and the result of the equity-based crowdfunding campaign of readfy stunned many people – including us founders. The fact that 100,000 euros had already been invested after only 24 hours and that half a million euros were invested by 1,363 Companists within six weeks makes us the most successful crowdfunding project of the German book industry. As a specialized journalist remarked this week, readfy thus plays "...in a league of its own." We owe all of that to you and say thank you 500,000 times!

But, as Spiderman's aunt told Peter Parker: "With great power comes great responsibility." Due to a strong product and a strong community behind us, we had a great start. Now, it is time we made the most of this.

 

CeBIT and Leipzig Book Fair

Our Trips to CeBIT and to the Leipzig Book Fair were additional milestones on our way toward the commercial launch this summer. We had very good talks with publishers in regard to additional content and with potential partners that may provide us with the reach necessary for our first large-scale campaigns. The photo above shows the BITKOM industry dialog at CeBIT, where I presented readfy.

 

Ryan and Felix at the Leipzig Book Fair

 

Beta Will Become Publicly Accessible

Since the app already runs very stably and the feedback has been very good, we have decided to turn the closed beta into an open beta and will inform the public of this step this week. Consequently, we may already win more users on a regular basis now without spending money on marketing.

 

How Can You Support Us in the Next Few Weeks?

  1. One Companist has started a Facebook group for supporters of readfy. Sign up there; we will frequently notify you of joint campaigns: http://j.mp/rdfy-support
  2. As soon as we report on Facebook, Twitter, etc. that the beta will become public, you can like and share the post and tell your friends and acquaintances about it.

 

We will rock on!

The readfy team



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NOTE:

Investments in crowdfunding projects offer great opportunities, but they are risk investments. In the worst case, the entire investment amount may be lost. Consequently, these investments are unsuitable for retirement plans. However, there is no obligation to make further contributions. Investors can minimize their risk by splitting their investment amount between crowdfunding campaigns rather than investing all of it in one crowdfunding campaign. Professional investors often follow this strategy because it causes the risk to be distributed among several investments. In this way, successful investments can balance other less successful investments.

The shares of the Companists are subordinated profit-participating loans (partiarische Nachrangdarlehen). Such loans are shares in a business with similar characteristics as equity. If the company becomes insolvent or is liquidated, the claims of the Companists – just like those of all other shareholders of the company – will be satisfied from the assets in the insolvency or the assets in liquidation only after the claims of all other external creditors have been satisfied. Thus, Companists are treated like any other shareholder of the company during insolvency or liquidation proceedings.

The company information published on the Companisto website is provided solely by the companies. The projections made by the companies do not guarantee successful development of the company in the future. Consequently, crowdfunding investments are suitable only for those investors who can cope with the risk of a total loss of the capital invested. Investors make their own independent investment decisions and bear all risks themselves.

The investments are provided and issued by the individual companies. Companisto is neither the provider nor the issuer of the investments, but solely the internet service platform.

1357

Companists

500,000 €

Invested

33.33 %

Share offered

Contact Details
readfy GmbH
Grünewalder Straße 29-31
42657 Duesseldorf
Germany

Phone: +49  211  74951177
Email: info@readfy.com
Website: www.readfy.com
Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used.

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