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Nothing Opens Up for Its Community to Invest in the Company

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CIOL Bureau
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Nothing Opens Up for Its Community to Invest in the Company

Nothing is a new forward-thinking London based consumer technology company. It has announced today that it will open up for its community to invest in the company through a community equity funding round. Nothing will allow its community to invest a total of $1.5 million at the same valuation as their Series A funding with GV.

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“We want our community to be part of our journey from the very start; play an active role in it,” said Carl Pei, CEO and Co-founder of Nothing. “As part of this process, we’ll also be electing a community member to our board of directors, so that we’re always kept in check, and reminded of what users want.”

Following this community funding round, investors will have access to Nothing’s private community. Through this, they will get exclusive benefits and insights into the company. From there, the company also plans to elect a community board member to voice and represent themselves in board meetings. More details will be shared once the campaign goes live. Pre-registrations to the financing will open on February 16th at 10 AM GMT. Further, the campaign will go live on March 2nd at 10 AM GMT.

About Nothing

Nothing aims to remove the barriers between people and technology to create a seamless digital future. Based in London, Nothing wants to inspire people to believe in the positive potential of technology again. Starting 2021, Nothing will begin bringing back artistry, passion and trust to the field of consumer technology.

It is privately held and venture-funded by GV (formerly Google Ventures). Other investors include; Tony Fadell (Principal at Future Shape & Inventor of the iPod), Casey Neistat (YouTube personality and Co-founder of Beme), Kevin Lin (Co-founder of Twitch) and Steve Huffman (Co-founder and CEO of Reddit).

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