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July 30, 2021 01:37 pm

The Mark Cuban-founded audio app Fireside is asking its own users to invest





Fireside



The Mark Cuban-funded and co-founded audio app Fireside has yet to publicly launch, but already it’s asking the limited creators on its platform for money. In an email sent to users late last night and viewed by The Verge, co-founder and CEO Falon Fatemi says she and the team are accepting investments through the month of August from anyone who’s interested.


“If you believe in our vision, this is your chance to be part of it,” she writes. “Put your money where your mouth is :) (We did.)”


The email says more details are to come and doesn’t disclose the deal terms, how the investments will work, what the app’s valuation is, or how much the team is hoping to raise. But the email does also make a couple other announcements about the future...



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Original Link: https://www.theverge.com/2021/7/30/22601191/fireside-app-mark-cuban-falon-fatemi-libsyn-rode-invest

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The Verge

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