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White Elephant Brewing Co

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This journey all started 5 years ago when Joel was given a home brew kit as a gag gift. He started using the kit and instantly fell in love with the process and the science of brewing beer. He started doing research, bought different books on brewing, became a member of the American Home Brewer’s Association and joined a local home brew club in Southern California. The backyard shed was soon turned into a “brew shed”, hops were planted in the planter and a wide range of beers were produced. There were really good beers produced and some not so good, but, like with everything, practice makes perfect! And there was a lot of practice, with beers being brewed almost every 2 weeks or so. Fast forward to 2020. We are now all living in the great state of Arizona and due to Covid-19, we are given the gift of time to start working on the dream of opening a family brewery. We got together to discuss one of the most important things, the name! After discussing for a little bit, White Elephant Brewing Company was mentioned. With all our different personalities and what we bring to the business, it is something of a “White Elephant”.
Most Recent Valuation:

$NaN

Legal Name:
Founded:
State of HQ:

White Elephant Brewing Company, LLC

12/8/2020

AZ

Company Description

Employees:

5

Funding Summary

Number of funding rounds
1
Total amount raised
Round name
End date
Raised
Status
Type
Investment minimum
Valuation
Valuation Cap
Price per share
White Elephant Brewing Co Share 1
03/24/2021
$1,700.00
withdrawn
Revenue Share
$100
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Round history

Round name
Perk description
Perk level (dollars)
Perk level (days)
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Early Bird Perk history

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Company notes

Type
Round name
Date Added
Date Updated
Notes
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Financials (up to prior 4 years)

Revenue
COGS
Gross margin | (%)
Taxes
SG&A, other
Net income
Cash/Equivalents
Accounts Receiv
Other Assets
Assets
Short term debt
Long term debt
Equity/other liabilities

2020

0
0
0
na
0
0
0
0
0
0
0
0
0
0

2019

0
0
0
na
0
0
0
0
0
0
0
0
0
0

Gross margin, Other Assets, and Equity/other liabilities are derived from the financial statements of the company reported to the SEC. Assets = Liabilities + Equity, and no equity accounts nor accounts payable are reported to the SEC, hence the possibility for that amount to be either equity or a liability.

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