The Ledger
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PopCom is launching an ICO aiming to raise $30 million
“We are launching an ICO and I'm pitching for the first time in Dubai. I'm, we're shooting for thirty million and that's why I didn't raise a lot of money.”
Dickson predicts investors will hug her for tokenizing the cap table
“When my investors understand the token economics and how the cap table will be tokenized to their advantage and their return, they're going to be giving me hugs. They're going to be putting my picture up in their office because I'll be a great return for them.”
Dixon rejects traditional VC to avoid annual fundraising and forced premature scaling
“The traditional VC model doesn't work for me personally.
I don't want to go back and have to raise more money every single year.
I don't want to have to be pushed to grow and scale when, you know, it may not be the time because sometimes it takes longer than y…”
PopCom paused its $30M ICO until the SEC provided clear regulatory guidelines
“Really we decided to just put our fundraising plans on hold completely until we seen what the SEC was going to allow.”
Hyatt would pay a $10M-$20M valuation once PopCom reaches 500 active machines
“I would like to pay a higher valuation for your company, and I'd like to put in more money when you have 500 or a thousand of vending machines, and I'd like to pay for that, right? I'd like to pay a 10, 15, twenty million dollar valuation when you have actual …”
Manus predicts hybrid pop-up kiosks will become a vital piece of retail
“I believe you in the fact that I see pop-up shops and I definitely see that, that, that this is going to be a very vital piece of the retail, this sort of hybrid, all right?”
Galati passes on PopCom, arguing automated kiosks are too small a channel
“Retail US retail is like this big elephant and I feel like this channel is like an ant. So I just feel like the easy way out for these brands and for most brands and retailers is to kind of say, Hey, this is like less than one percent, less than half a percent…”
PopCom uses facial recognition to vend regulated items like cannabis and alcohol
“With the customer's permission, we can verify your face against your ID to dispense a product that's regulated. So think Sudafed, think cannabis, think alcohol. That you need an ID to verify. We have that ability.”
PopCom verifies facial IDs to dispense regulated products like cannabis and alcohol
“With the customer's permission, we can verify your face against your ID to dispense a product that's regulated. So think Sudafed, think cannabis, think alcohol. That you need an ID to verify. We have that ability.”
Dixon: PopCom funded its hardware product development using upfront customer deposits
“Let's get people to pay for it and put the money up and put a deposit down for us to build it. And that's exactly what we did.”
PopCom pivots from a $30M ICO to a $950K Security Token Offering
“Despite all the ups and downs, Dawn is now launching something called an STO, or a Security Token Offering, which is like an SEC approved version of an ICO. It is officially live as of a few days ago, and this time around, instead of raising the thirty million…”
PopCom partners with Kiosk Information Systems to manufacture its smart vending machines
“My customer, we have the vending machine and kiosk manufacturers, which we have a partnership with the number one kiosk manufacturer in the country called kiosk information systems, kiosk.com.”
Hyatt argues a $200 monthly software fee is too expensive for operators
“I have a tough time believing the 200 bucks. That's a lot of money for a vending machine.”
Dickson's own shoe company was PopCom's first paying customer
“My first customer, my first paying customer. Flat out of heels. So my business is my first paying customer.”