Milano, Lombardia Oct 20, 2021 (Issuewire.com) - Having taken off at full speed, the dropout's equity crowdfunding campaign on Mamacrowd, the most important Italian platform for equity crowdfunding investments, is already coming to an end given the rapid achievement of two maximum objectives.
The initiative, launched on the 7th of October, has seen the participation of 2 institutional funds (including ALIcrowd, ELTIF of Azimut SPA) and over 150 private investors, confirming the high confidence of the streetwear and finance communities in the operation and in the potential of dropout's team.
"I am satisfied with the progress of the campaign so far, but the time has not yet come to rest on our laurels", comments Kola Tytler, founder and CEO, "We have a vision, goals, and, most importantly, a plan and the foundation to reach them. The road ahead of us is certainly full of obstacles, but we are well equipped to face the difficulties and unexpected situations that we will encounter. This campaign itself is proof that the team knows how to work hard to achieve their goals. "
dropout reached the minimum target ( 300k) in just 10 hours from the opening of the round, while the maximum target of 500k was reached on day 4 of the campaign. dropout, therefore, approved the extension of the maximum target up to a ceiling of 750k, reaching this figure on day 6.
The campaign saw the participation of a large number of young people: over 37% of investors are aged 18-24 and over 2 thirds are under 35.
"The capital raised will allow us to further improve HypeAnalyzer, the system at the heart of dropout. We will allow customers to buy and sell products at their real market price while maintaining the excellent standards that characterize us ", comments Stefano Zeppieri, co-founder and CTO of dropout.
It is still possible to take part, according to the provisions in the information document for the investor (available on Mamacrowd), by visiting mamacrowd.com/dropout
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Kola Tytler
Source :dropout
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