Issue 254

August 14, 2019


Why Winc Is Turning to Equity Crowdfunding to Raise Capital

"Winc is turning to equity crowdfunding. The company hopes to raise $15 million, giving it a pre-money valuation of $110 million; the minimum investment figure is $1,000. With the new capital, the company plans to expand into beer, spirits and the non-alcohol space, as well acquire two to three brands in the next few years." MODERNRETAIL.CO
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