Give your community skin in the game. Fairmint empowers you to grant equity to anyone that adds value to your company and passively receive investment from your biggest fans. Launch in a few clicks and get back to building your business.
❤️ @thibauld it seems we did a good job here 😆 Thank you @valsopi 🙌
If you have any question, don't hesitate. We will be around today to make sure we address any objection :)
Well done @joris_paris & @thibauld, impressive to see everything that you’ve built.
Value creation should be shared with the broad ecosystem of companies and making equity programmable is a great way to get there!
Hi Product Hunt👋!
I’m Joris, co-founder of Fairmint. I am thrilled to launch today on Product Hunt!
Since 2007, I've been working on ways to give more ownership and equity to people who add value to my companies. I wanted to give them more skin in the game, to be able to share the profits I had from the success of my businesses. But aligning interests and sharing your equity is so hard. Traditional equity is an outdated model — lots of intermediaries, designed for big checks, and reserved for insiders.
In late 2018, with my co-founder @thibauld , who is also a serial entrepreneur and angel investor, in crypto for a decade, we started to design an equity tool that would offer a 10X better experience.
✅ We wanted our product to benefit both the founder and their community.
✅ We wanted founders to be able to issue and distribute equity simply, without all the hoops.
✅ And we wanted individuals to be able to invest or earn equity in companies they love.
👉 Introducing Fairmint, equity of the future.
Fairmint empowers founders to receive investment from their biggest fans as well as VCs and grant equity to anyone that adds value to their company, like users, gig workers, employees -- anyone really. You can launch in minutes, and get back to building your business.
To put it simply, we are building the Shopify for equity.
Inspired by the crypto movement, we've built a full-stack solution with every process automated on-chain — giving our product the transparency, programmability, and compliance our customers deserve.
During our successful beta phase, we helped a dozen of start-ups raise over $20M from their community. And as "skin in the game" is our motto, we eat our own dog food 🤗. We've used our own technology to raise $7.4 million to date from 330 investors all around the world who support our mission. You can check out how much we've raised from our community and where our valuation is right on our home page.
Have you ever woken up in the morning with $10K or even $150K in your account from an investor you never even pitched? We have and so have our customers. It's an aha moment for them. With Fairmint, you can raise in your sleep 🚀
The cherry on top is that it's completely free until you get your first investment, making it a no-brainer for founders at any stage.
Big picture, we believe Fairmint will help democratize access to opportunities to create wealth that were previously reserved for insiders. When the next Airbnb or Uber goes public, the earliest hosts, drivers, guests, and riders should access the financial upside that the community helped build.
We're super excited for the Product Hunt community to take a look at what we've been up to.
Best,
We’d love to hear any and all feedback you have and we’ll be looking at comments here all day.
Love to see such an international community rooting for Fairmint 🔥
Many french founders @edouardpetit@etienne_l@philippe_honigman and many others... seems like launching Fairmint to France should be bumped up in our (long) priority list 😅
@thibauld@joris_paris congratulation guys for this launch! I am following Fairmint from the beginning at TheFamily. Super idea and perfect execution! Keep going to deploy your vision!
I am very interested to use it with Magma but I have 2 questions:
→ It is possible to use Fairmint with a French company?
→ Can I bring my first round into it (shares and employees equity)? Or should I do it for another round?
Happy to discuss about it! Cheers!
MERCIIIIIII @edouardpetit ❤️
Quel chemin depuis TheFamily indeed. I still remember our 1st photo shooting, or 1st keynote about Fairmint by @thibauld 25 rue du Petit Musc in Paris.
There is such a strong bond with TheFamily ecosystem, between all founders, still years after. This is amazing.
OK so I stop the nostalgia 😅 and address your questions @edouardpetit :
→ is it possible to use Fairmint with a French company?
We are designed for US C-Corp 🥰 and we start to have multiple requests from Europe and Asia. Multiple founders have already decided to embrace the 🇺🇸 play and have incorporated an entity in the US.
Some also explore the ability to do it while being abroad. It is something you might want to discuss with local lawyers and we will be happy to join the discussion at any time.
As soon as we feel the regulation is as clear in Europe as it is in the US, count on us to pave the way :-)
and your 2nd question @edouardpetit
→ Can I bring my first round into it (shares and employees equity)? Or should I do it for another round?
OH YEAH! 💯 We've been building Fairmint with @thibauld with the objective that anyone who adds value to your company could access the financial upside he helps build.
It works for employees yes. But they are among the insiders in the traditional (and outdated) equity world.
We've also focused our work on community members.
Imagine if Travis Kalanick, early days at Uber, had had Fairmint and offered $UBER to his 1st drivers... How many lives would have been changed? We believe in social capitalism, in community ownership.
More than happy to continue discussing it! Ping us on telegram or twitter or email us: jorisATfairmint.co or thibauldATfairmint.co
🔥 "Bridging web3 and the real world" this is it @kevinsmouts ! Thank you for your message and looking forward to chat soon. Here is my email jorisATfairmint.co
I love the mission 🙌
It has been a pleasure to follow your journey and to be able to join as an investor.
Congrats 👏 Looking forward to following the next steps!
Hey @damiencourbon
Glad that our mission resonates so well with you, you decided to support us and even invest!
Dogfooding is our DNA. We've designed the tool to give skin in the game. It was obvious we would start with our own community. So your words mean a lot to me. Thank you Damien.
🤗 this is a big move @damiencourbon and so far, it costs $500 to incorporate. And everything is digital, automated, and simple.
If you decide to jump, let us know, and we will make sure we turn our investor into a customer 😆
Don't hesitate to ping me jorisATfairmint.co or telegram joris_DLN
Thank you for your support @severin__ 🙌
and all the very insightful feedback of yours. Considering your success on crowd offering, it means a lot to us.
We learn from our customers EVERY SINGLE DAY and are glad we make it happen all together.
Looooooooove it, this makes so much sense, so many of our early users contributed to our product, they are one of the best growth driver and all we can give them is more voice and.. swag packs 😅
this is amazing to give them true upside GG!!
🙌 @christophepas thank you, and your entire team! We love Slite at Fairmint & we are all use it every day.
What's missing on Slite? Not the Kanban view, we know it is around the corner.
The "community" button of course powered by Fairmint 😁
Thank you for your support Christophe 🙏
WOW see @christophepas Your community has your back. Whenever you are ready to give your community skin in the game, we will be there ;-)
What do you prefer @fmerian for your portfolio? $SLT or $SLITE💎
Congratulations Joris and Thibaud!
I think your product is going to be very very relevant especially in current market conditions. (I wish you would figure a way to keep a tiny piece of equity of the companies that use your platform, hehe!) Cheers.
And @bluelabel re: capturing value, we definitely are on it :-) We've been building the infrastructure layer, so it is time to prepare for the flywheel effect in 2023.
@etienne_l Re: "available beyond the US": people around the world already have access to any company using Fairmint tech. They can earn equity or invest money. Super easily.
Now for companies, our product is designed for US C-Corp. That said, multiple lawyers in Europe and now in Asia started to work on making Fairmint available there as well ;-)
In the meantime, we have great examples of founders with entities outside of the US who incorporated in the US and leveraged our tech ;-)
@etienne_l Thanks a lot Etienne! Right now we're laser-focused on the US market but, being french founders, opening France would be dear to our heart. We'll need more funding though :P Right now, best option to use Fairmint is by far to flip your company in the US :)
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