Navigating the challenges of capital management is a critical aspect of entrepreneurship, particularly for Cadi. We adopted an ambitious product-building strategy combined with crowdfunding, which carries the potential for inefficient spending or investing in opportunities that don’t yield a positive return on investment.
While many peers in the crowdfunding space have faltered, our conversation with Howard Marks, the founder of StartEngine, shed light on a common pitfall: mismanagement of funds. Startups can easily fall into financial snares. Fortunately, Matt and I have always been driven by a principle: to endure and succeed, you must spend judiciously. We prioritize investments that bolster our product or steer us towards profitability. Despite the hurdles, Cadi remains resilient and progressive.
It’s been disheartening to observe some partners not delivering the promised value, even as they benefit from Cadi’s growth. This list includes legal teams, crowdfunding platforms, marketers, data providers, and resale agencies, among others. Our focus is now sharper than ever: invest in value-driven products and services that align with our long-term vision.
On the topic of share issuance, let me clarify a few things. Every investor in Cadi rightfully owns their shares, inclusive of any bonus shares. We maintain meticulous internal records that document each investment. The visible difference post-share issuance is the ability to view your investment via dashboards like Dealmaker or StartEngine. These platforms, while regulated by the SEC, unfortunately, leverage their position to impose exorbitant fees for share issuance, not including separate legal costs. Such expenses, at this juncture, are untenable for Cadi. Every dollar spent must contribute towards our growth, not jeopardize it.
We acknowledge the importance of a transparent capitalization table and consistent investor communication. We're streamlining our investment documentation, moving towards consolidating all pertinent data. Subsequently, platforms like Cake and Carta are on our radar for efficient information tracking. Expect the share issuance to align with our ongoing funding rounds.
As always, Go Cadi
A convertible note is excellent for offering great valuation caps desired by investors.
Cadi is building an advisory board and we want you!
This is why you should be excited about your investment in Cadi. AI is accelerating the transformation to digital retail.
I am ready to define entrepreneurship through toughness and resilience in this weekly update.
Are you interested in Investing? Use the links enclosed in this email to partake in Cadi's next bridge round.
Tyler shares an intimate reflection on his health journey, emphasizing the unforeseen mental challenges he faced during recovery.
Like the old farmer Chinese proverb, when problems happen, is it good luck, bad luck? Who knows.
Cadi kiosk update from Seattle.
Today, I wanted to make a bold proclamation. Cadi will have an exit & will transform consumer experiences.
A defined Infrastructure and/or network has created the greatest business in the USA. Such businesses as UPS, AT&T, Bridgestone, and Bank of America.
Cadi is fighting to change golf's industry standards and in turn, transform the purchase experience.
The plan will focus on what matters to us—a disruptive distribution network creating game-changing consumer experiences.
Channeling our inner Athletic Director to become Branding KINGS.
Visit Cadi Kiosk at Jefferson Park GC. We are up and running!
Navigating Challenges, Embracing Triumph: A Shareholder Update
Cadi Relaunches a proprietary Kiosk in Seattle, WA, at Jefferson Park Golf Course with the vision of transforming golf distribution in the Pacific Northwest.
Cadi Kiosk is heading back to the course. Here is an update on the decision-making that goes into the relaunch.
Successful Founders are persistent. The Cadi WMS system is nearing completion.
Dear Potential Investor, I hope this letter finds you well. As you may have seen, our equity crowdfunding round is ending Saturday April 29th, and this may be your final chance to invest in Cadi and be...
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February was a great month of success and challenges. Please read about our top 5 wins of February. A month we will never forget.
Cadi's new marketplace, CADI.IO adds new 2023 drivers from TaylorMade, Callaway, and Titleist. Try TWO products for up to 21 days now for only $25.
Birthdays are for appreciating life. Thank you to everyone that sees the Cadi vision and supports the mission. Nothing will stop Cadi. Cadi is still offering bonus shares. Invest today to take advantage.
Cadi is a data company. Cadi is profiling every user on our site. Cadi uses data and usage to fit Golfers using AI, which delivers a Cadi Fit score based on golfers like you. The amount of data Cadi will own will change the entire industry.
Cadi is transforming where commerce happens using autonomous distribution and a mobile marketplace.
Cadi kiosk's first patent was published on Jan. 17th, 2023. This is a huge moment for Cadi.
Join Cadi at the 2023 WM Open 2/8-2/12. Cadi is celebrating and everyone is invited. PLUS All Investors over $5k receive two VIP passes. Don't miss out.
Tyler layout's out Cadi's big New Year's Resolutions. Cadi's 2023 goals include an exit or significant partnerships, building community, increasing network, and onboarding new employees.
Tyler explains why now is the time to invest in Cadi. In 2022, Cadi has how our patent granted, completed V1 of our technology stack, gather big interest from essential players, and even maintained a unique approach from competition.
Update: Cadi is in discussions with golf entertainment venues and driving ranges
Cadi tracks inventory from source to sale, knowing where our inventory is as it moves through the warehouse, into transit, arrival at our kiosk system, and in customer's hands. This allows us to collect powerful data.