![]() ‘we are humbled by the overwhelming response and excitement around cyberlandr. if will so, its aerodynamic pop-up design will definitely pass every expectation.Īccording to the press release they published recently, the company is now making some shares available for purchase. by 8th december, cyberlandr has surpassed $100M in pre-orders, even if we don’t know for sure tesla cybertruck will ever exist. unveiled the cyberlandr - the disappearing camper for the teslacybertruck- now it announced to accept orders. Over $200,000 has been pledged so far by 90 investors in the campaign that began yesterday.A disappearing camper addition to the tesla cybertruckĪfter las vegas-based stream it, inc. The result may well uncover an excellent investment opportunity.” Then multiply that by whatever you consider to be a fair multiple for a fast growing company in a growing industry. Take the number of Cybertruck reservations and multiply it by the percent of buyers you think will want a new RV with zero aerodynamic drag, multiply that by the suggested retail price to estimate future revenue. As part of your due diligence you might consider 40% of truck owners have an RV. Current paid reservations represent sales in excess of $100 million, so a $400 million valuation is only a 4x multiple. Also, more capital is required to design and manufacture CyberLandr than other products on StartEngine. Most products on StartEngine are much less expensive than CyberLandr, so it is difficult for them to achieve a similar valuation. Some potential investors on StartEngine asked whether this fantastic valuation was correct, and King attempted to defend it with the following comment: The company has a pre-money valuation of $400 million, which means that investors are acquiring a stake in the firm worth $400 million before it’s even launched. While King refers to this as the “early stages of the firm,” this isn’t reflected in the valuation. To make this possible, we have partnered with StartEngine to make a very limited number of shares available.” Many people have asked for the opportunity to invest in the early stages of the company. ![]() “We are humbled by the overwhelming response and excitement around CyberLandr. ![]() The CEO of Stream It, the company behind CyberLandr, Lance King, said about the campaign: At a sale price of $45,000 on average, it implies over 2,000 people have reserved the vehicle.Īfter the news, CyberLandr announced a crowdfunding campaign on StartEngine to raise up to $5 million. That’s not to say it’s actually cash in the bank, but rather expected future sales based on the orders they received, which necessitate a $100 to $5,000 deposit.ĬyberLandr announced this week that the amount has now surpassed $100 million. ![]() The project soon gained a large backlog of reservations worth $50 million in only a few weeks. The idea is to have a camper that doesn’t rest on top of the truck or in a trailer towed behind it. The CyberLandr will sit flush inside the Cybertruck’s bed, which is much more efficient and has a smaller impact on range. We noticed that the initiative appears to fit a bathroom, bedroom, kitchen, and office inside an autodepandable camper out of the Cybertruck’s bed. It all began with Cyberlandr, a camper system for the Cybertruck. It was reported earlier this year that third-party Tesla Cybertruck accessories have already been sold despite the fact that the vehicle has not yet gone on sale. At an astounding $400 million valuation, CyberLandr, a very unique high-tech camper for the Tesla Cybertruck, is seeking funds.
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