Hacker News new | ask | show | jobs
by bear_south 3616 days ago
went to site and got an im like this.. soahil prasad see you here so hopefully you can explain. Feels extremely shady. Obviously you are not letting me insantly make a 2500% return, but your instant help message says this... what kind of gimic? (or was system hacked... trying to give you benefit of the doubt!)

Equidate's Pre-IPO Promotion: Get access to FB at $4.54!

Hi there, thanks for checking out Equidate!

We're incredibly excited about giving the world early access to high growth private tech companies. To show you what we mean, we're giving you a second chance to get in early on two of the world's most successful companies — Facebook and Tesla — at their pre-IPO prices!

Sign up here to get in on Facebook at $4.54 (the price at its Series E in May 2009 where DST Global invested $200M) instead of its recent price of over $115.

You can share the following link with your friends! https://early.equidateinc.com/

2 comments

We're running a promotional event called the Early Is Everything Pre-IPO Pricing Event this Thursday (7/28) and next (8/4) to celebrate the launch of our new trading platform.

We'll be giving over 100 people the opportunity to get in early on Facebook ($4.54) and Tesla ($2.97).

As per the Event FAQ on the linked site, we're taking a loss on every certificate to prove a point — that when it comes to investing in the most successful companies in the world, early is everything.

The "Early is Everything" promotion offers eligible participants the opportunity to purchase a certificate at the pre-IPO price of either Facebook or Tesla Motors, redeemable for securities through a registered broker-dealer, or for merchandise, at the current price of these companies as of July 13, 2016. Offer good while supplies last. Other terms and restrictions apply, please see event page for full details. See: https://early.equidateinc.com/

to make explict, does each person get 1 share? so about 110 profit facebook and then 225 profit for tesla. As you can see from my profile i don't comment a lot here, but felt compelled as i personally was put off by the spammy nature.

YMMV.

Just friendly advice and also caution to others I guess. For a site that talks about having institutional investors and having one of the top legal firms in the world this mlm and internet riches type vibe is what I got. Again, you guys may be great, but this is very unprofessional / gimmicky in my opinion

The goal of the campaign is to drive awareness among individual investors and employees, and we're doing so by contrasting the opportunities of today with opportunities in successful companies of the past. We've gotten a great response so far, but thanks for your candid feedback.

Each person is limited to one certificate. The certificate is redeemable either for securities (i.e. a share of Facebook at its closing price as of July 13, 2016) through a broker-dealer for those who setup an account, or else for merchandise. It's structured like this specifically to ensure that we're compliant with relevant regulation.

It appears to be email grab... but this is straight gimicry and is it even legal????
Yes, it is legal. As per the event page: The promotion is not an offer to buy or sell securities, nor are the certificates sold in the promotion securities.

Once your purchase is confirmed, we'll send you information via email on how to fulfill your purchase and your certificate. The certificate is redeemable either for securities through a broker-dealer for those who setup an account, or else for merchandise.

All of the proceeds from our Early Is Everything Pre-IPO Pricing Event are being donated to MissionBit, a Bay Area nonprofit that sponsors underprivileged high school students in the San Francisco Bay Area to learn computer development skills.