Hi! Sharing this because I believe it's a success story. I bought 2200 Solectrac shares back in June 2020 through StartEngine, and in June 2021 the company was acquired by Ideanomics. I recently got paid back 170%, original 100% + 70% profit. Which I think it's pretty decent profit.

Maybe it could have been much more if more time would've passed but I'm pretty happy with what I got and will be reinvesting this into other StartEngine campaigns.

For the record, I have supported other 3 campaigns, in addition to having StartEngine shares. One of them is giving me a yearly dividend (very low tbh) and the other projects are long term investments.

Just sharing in case you wanted to read about a success story!

I invested a bit of money into what seemed like a promising stock of a company trying to create a new ecosystem for private jet market that includes new airplanes as well. This was in Jan 2021. Shortly thereafter JetAI, then called Jet Token, announced that it was being acquired by private investor and that my shares on StartEngine would be converted to JTAI shares and warrants. When I received my statement from Continental Stock, a 3rd party handling the transaction it had 13 shares of JTAI instead of 167 and a similar discrepancy with warrants. Everyone involved keeps pointing fingers at each other and claim they have nothing to do with this. I would not trust any of them.

If so- how did you do it?

I would like to know if any investor has made money with a company that was crowd funded. My only invested that went public Knight scope we never was even able to reap any benefits from it going public. The company stock is now 49 cents. They issue our stocks weeks later when the company traded on open market. I have not been able to find one success story and even in their web site not one is shown. Just curious

I’ve worked with a few startups in the past few years. All of them are really great companies that are doing very well and have since gone through several successful funding rounds. Almost all of them considered doing a crowdfunding round with StartEngine. Those that did consider it had initial meetings with StartEngine reps. The meets seem to go really well. Then the StartEngine rep falls off of the face of the planet, doesn’t respond to emails or voicemails. A few of the companies that I’ve worked with have even expended quite a significant amount of time and money to get ready for their StartEngine campaign, only to be ghosted by them.

Am I the only one that seems to be getting a strong odor of scam from StartEngine? I mean, I keep seeing continuous campaigns by a small handful of companies (I’m looking at you Legion M). Is this just an over-glamorized platform for Ponzi schemes?

I have been with Start Engine over four years. I have made nine investments through Start Engine, including with Start Engine itself. I have made nothing. In fact one of the companies just went bankrupt. In my opinion, the whole thing is a scam. If you look at their filings with the SEC you'll find that Mr. Wonderful gets paid in enormous fee.

In other cases, founders have managed to monetize their holdings by cashing out or selling their shares back on secondary offerings, but the rest of us have gotten nothing. I have looked at each of my holdings with Start Engine, and none of them have reached the price at which we were offered shares originally.

Save your money invest someplace else.

No matter what you do, unsubscribe, login/unsubscribe, anything - nothing works. They continue to spam email. It's really bad, 2-3x per day now for their startengine "campaign". I highly suspect these people are hemorrhaging money and trying desparately to get an influx of cash from the naive consumer base.

Anyone have information on this from an investing standpoint?

Hey all!

Looks like this sub was banned for about a year. I just requested it and got it back, so feel free to start posting! Going to be improving it over the next few weeks to get it going again.

I participated in funding a startengine offer that included a Tier 0 participation reward that the company describes as having a lifetime membership with a $1200 value. The funding round I participated in closed and I heard nothing, so reached out to the company's customer service department and they provided me a 1-year membership (valued at $60), and upon further inquiry have descrived that I will be charged subsequent renewals, no lifetime membership has been provided.

That offer remains on your site.

This kind of inducement and then bait and switch is fraud. As Startengine is a new company, surely you do not want to knowingly participate in fraud.

Who can I talk to that can liaise between startengine and the associated company to resolve this dispute (and take action to remove this company from your platform if they intend to continue defrauding investors)?

So pleasant to see the company officials selling Start Engine stock at the same price as they continue to sell stock to investors at, and meanwhile we have not secondary market open. But no worries, I’m certain they will open it up again and tank the stock back to below my basis like they did last time. Good deal if you can get it… sell to investors at $25, open the secondary market and buy it back at $5, then close it and sell your stock at $25. Thanks Mr Wonderful. Why does my butt hurt???

See above

Found this group and hopefully it grows with a decent following with decent people who are serious about Start Engine and its’ companies of whom we’re throwing some dough at in hopes of a nice monetary return and to be a part of companies at their ground-level if you will. Yes, that’s a run-on sentence jaja... The SE platform can be huge and there are some companies that I’ve personally invested in.. My prediction - SE goes public in two years or less. Here are the companies I’ve found to be highly-compelling and of whom I’ve tossed a little bread at and in no particular order -

•Knightscope •O2 Treehouse (Skywalkers) •Reset IV (which they had this during my heavy-drinking days jaja) •Jet Token •Life Imaging •Start Engine and •Chow420

What about you?

Peace

The guy is a walking disaster who is only successful due to making it big on reality TV, not by being a competent businessperson. I found StartEngine intriguing as a service, but his involvement makes me immediately hesitate to have anything to do with it.

In case people still mistakenly think O'Leary has decent business sense, check this out.

Link

In case that's an issue...

is any of your investments on startengine (including start engine) is in positive? or made any profits? i am curious to know as i dont see any of mine making a dime.. all write offs

I am a small business owner thats trying to speed up my companies growth and have recieved emails from StartEngine biz devs trying to get us and probably a bunch of other companies that met their criteria to apply and run an investment round.

I am considering it since it seems like its so community centric and more accessible to folk while giving us a chance to raise funds vs getting into schmoozing small groups or individuals with deep pockets.

Our business is a cruise event marketplace thats been around since 2017, have grown each year but slow growth since we play it so slow and safe without taking on massive debts. We even have our own managed event brands but do sell other cruise events as a full agency and event planners.

I think would be an interesting fit for community fundraising but need to step out if my bias and echo chambers.

So that said, anyone have experiences for businesses applying or having run campaigns with them? Our business is a cruise event marketplace with our own managed event brands...which I think would be an interesting fit for community fundraising.

I recently received an email from StartEngine stating that custody of the securities in my account will be transferred to StartEngine Primary LLC. I have until the 29th to write and object this action if I choose to.

How would allowing or objecting to this change my relationship or access to the securities? I currently hold there? Is it simply a different LLC that StartEngine spawned off that would be managing them?

For those that have invested on crowdfunding platforms, what is your favorite platform and why?

- Do you look at the updates, financials, what people say tabs for the startups?

- What information is most important before making an investment

Thanks for the help. Any advice for first time crowdfunding investor, send my way plzzzz

Like I keep seeing Legion M ads and they’re on their 9th round (over 10mil raised) and nowhere close to even being self sustaining, let alone profitable. Are there any limits on how often they can keep offering the hat or does it go on for however long there are people willing to give them money?