Johannes Frank

Fairmint - Share your company's success with your community

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Give your community skin in the game. Fairmint empowers you to grant equity to anyone that adds value to your company and passively receive investment from your biggest fans. Launch in a few clicks and get back to building your business.

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Joris Delanoue
Hi Product Hunt๐Ÿ‘‹! Iโ€™m Joris, co-founder of Fairmint. I am thrilled to launch today on Product Hunt! Since 2007, I've been working on ways to give more ownership and equity to people who add value to my companies. I wanted to give them more skin in the game, to be able to share the profits I had from the success of my businesses. But aligning interests and sharing your equity is so hard. Traditional equity is an outdated model โ€” lots of intermediaries, designed for big checks, and reserved for insiders. In late 2018, with my co-founder @thibauld , who is also a serial entrepreneur and angel investor, in crypto for a decade, we started to design an equity tool that would offer a 10X better experience. โœ… We wanted our product to benefit both the founder and their community. โœ… We wanted founders to be able to issue and distribute equity simply, without all the hoops. โœ… And we wanted individuals to be able to invest or earn equity in companies they love. ๐Ÿ‘‰ Introducing Fairmint, equity of the future. Fairmint empowers founders to receive investment from their biggest fans as well as VCs and grant equity to anyone that adds value to their company, like users, gig workers, employees -- anyone really. You can launch in minutes, and get back to building your business. To put it simply, we are building the Shopify for equity. Inspired by the crypto movement, we've built a full-stack solution with every process automated on-chain โ€” giving our product the transparency, programmability, and compliance our customers deserve. During our successful beta phase, we helped a dozen of start-ups raise over $20M from their community. And as "skin in the game" is our motto, we eat our own dog food ๐Ÿค—. We've used our own technology to raise $7.4 million to date from 330 investors all around the world who support our mission. You can check out how much we've raised from our community and where our valuation is right on our home page. Have you ever woken up in the morning with $10K or even $150K in your account from an investor you never even pitched? We have and so have our customers. It's an aha moment for them. With Fairmint, you can raise in your sleep ๐Ÿš€ The cherry on top is that it's completely free until you get your first investment, making it a no-brainer for founders at any stage. Big picture, we believe Fairmint will help democratize access to opportunities to create wealth that were previously reserved for insiders. When the next Airbnb or Uber goes public, the earliest hosts, drivers, guests, and riders should access the financial upside that the community helped build. We're super excited for the Product Hunt community to take a look at what we've been up to. Best, Weโ€™d love to hear any and all feedback you have and weโ€™ll be looking at comments here all day.
thibauld
@joris_paris I am biased but... Fairmint is an epic product :P
Ryan Nisbet
@joris_paris I deeply believe a world where everyone can have ownership in the companies they add value to and love is a much better world.
SMJ
@joris_paris @thibauld A worthy cause and impressive product! Keep up the great work!!
thibauld
@joris_paris all the comments on this page really warm my heart ๐Ÿฅฐ
thibauld
Love to see such an international community rooting for Fairmint ๐Ÿ”ฅ Many french founders @edouardpetit @etienne_l @philippe_honigman and many others... seems like launching Fairmint to France should be bumped up in our (long) priority list ๐Ÿ˜…
Dan Robins
This is totally awesome. The concept, the execution, the tech. You guys are onto something big here. Kudos.
Dan Robins
...Also your video is super cool. I have to admit that I don't usually have the time to stick around until the end, but this had me hooked, and made me chuckle. TOP work.
Dan Robins
Congrats on the launch guys, I can't wait to tell my team about this! (that 'Invest' CTA is a game-changer!)
Joris Delanoue
๐Ÿ™Œ @dan_robins Appreciate the kudos โค๏ธ The team is often among the biggest asset you get in a company. Ours is dedicated, united, mission-driven. It helps deliver from conception to production, even on complex and legal matters. Thank you, Dan, and more than happy to continue our discussion any time, on telegram or email: jorisATfairmint.co
Joris Delanoue
This video is EPIC I agree. I remember my 1st feeling when I watched videos from Adam Lisagor at Sandwich. I thought: if I need to explain a complex thing, Adam is the storyteller I want. A few weeks after, we had a zoom together and at the end of the meeting, he invested! It was obvious then we would work together and he started to make the best pitch we could ever have.
Joris Delanoue
๐Ÿ˜… re: invest CTA is a game changer: indeed @dan_robins , some of our customers have an impressive transformation rate putting in their checkout flow. I wish I had such a button on Figma, on Slite, on Miro, on Notion, on... yeah, with it, I would have invested in pretty much all tools I use every day!
Gaurav Goyal
What an amazing way to democratize equity, along with Web3 security. Kudos to the idea :) @joris_paris
Joris Delanoue
hey @gauravgoyal_gg ๐Ÿ™‹โ€โ™‚๏ธ Thanks for your kudos ๐Ÿค— Glad to have you help us amplify the message around democratizing access to wealth.
Gaurav Goyal
@joris_paris Yeah it could be very powerful. Best part is one can do it themselves than going to the aggregators.
Joris Delanoue
Correct @gauravgoyal_gg Our industry relies on regulated incumbents. As soon as you start getting rid of the middlemen, there is no more insider's game.
Gaurav Goyal
@joris_paris Very well put.
Joris Delanoue
@gauravgoyal_gg ๐Ÿ˜Ž
Edouard PETIT
@thibauld @joris_paris congratulation guys for this launch! I am following Fairmint from the beginning at TheFamily. Super idea and perfect execution! Keep going to deploy your vision! I am very interested to use it with Magma but I have 2 questions: โ†’ It is possible to use Fairmint with a French company? โ†’ Can I bring my first round into it (shares and employees equity)? Or should I do it for another round? Happy to discuss about it! Cheers!
Joris Delanoue
MERCIIIIIII @edouardpetit โค๏ธ Quel chemin depuis TheFamily indeed. I still remember our 1st photo shooting, or 1st keynote about Fairmint by @thibauld 25 rue du Petit Musc in Paris. There is such a strong bond with TheFamily ecosystem, between all founders, still years after. This is amazing.
Joris Delanoue
OK so I stop the nostalgia ๐Ÿ˜… and address your questions @edouardpetit : โ†’ is it possible to use Fairmint with a French company? We are designed for US C-Corp ๐Ÿฅฐ and we start to have multiple requests from Europe and Asia. Multiple founders have already decided to embrace the ๐Ÿ‡บ๐Ÿ‡ธ play and have incorporated an entity in the US. Some also explore the ability to do it while being abroad. It is something you might want to discuss with local lawyers and we will be happy to join the discussion at any time. As soon as we feel the regulation is as clear in Europe as it is in the US, count on us to pave the way :-)
Edouard PETIT
@thibauld @joris_paris le bon vieux temps
Joris Delanoue
and your 2nd question @edouardpetit โ†’ Can I bring my first round into it (shares and employees equity)? Or should I do it for another round? OH YEAH! ๐Ÿ’ฏ We've been building Fairmint with @thibauld with the objective that anyone who adds value to your company could access the financial upside he helps build. It works for employees yes. But they are among the insiders in the traditional (and outdated) equity world. We've also focused our work on community members. Imagine if Travis Kalanick, early days at Uber, had had Fairmint and offered $UBER to his 1st drivers... How many lives would have been changed? We believe in social capitalism, in community ownership. More than happy to continue discussing it! Ping us on telegram or twitter or email us: jorisATfairmint.co or thibauldATfairmint.co
Joris Delanoue
Tellement. Venant de Paris, "on a tous en nous, quelque chose de TheFamily" ๐ŸŽถ ๐Ÿ˜… @thibauld @edouardpetit
Nick Russell
Well this is awesome! I'm totally going to check this out in more detail in the lead up to our next round of funding! ๐Ÿค˜
Nick Russell
Love the concept and the execution, particularly your promo video ha ha - really nicely done!
Nick Russell
Congrats on the launch and all the best for today and the future ๐Ÿš€
Joris Delanoue
Sounds awesome @n_russell While taping this comment I see notifications. Members from our customers' community are investing live. They sign an investment agreement in seconds and support the product they love investing. I let you imagine the aha moment when the founders wake up with $10k or $50k from a member they never pitched. ๐Ÿ˜Ž
Joris Delanoue
This video is EPIC because the story is huge ;-) And the storyteller, Adam Lisagor is fantastic.
Joris Delanoue
Thank you @n_russell ๐Ÿ™
Song H.
This is unbelievable, the Fairmint community is all over the world. Where are you guys from? Me I am from Hong Kong.
Ryan Nisbet
@song_haichen I am in NYC right now. Joris and Thibauld help bring in an international crowd. @charliebullock is from UK it sounds like.
Ryan Nisbet
@song_haichen Based on Product Hunt's launch day dashboard we have seen people from all continents today (minus Antarctica)
SMJ
@song_haichen Michigan here!
Joris Delanoue
You are right @song_haichen ! It is impressive.
Laura Prodea
@song_haichen I'm from Romania! @monika_bhatt @kateryna_korolenko where are you located now?
PhilH
Amazing idea, but above all amazing execution!! The amount of work and creativity to make community ownership real, simple... and legal, is absolutely massive. As a crypto-networks aficionado, I'm often unsettled by the microscopic size of the crypto space. It's so comforting to see such a practical and accessible approach of Shared Value, available to everyone and every business. Fairmint has a real shot at delivering some long-awaited benefits of crypto at a massive scale. Bravo!!
Joris Delanoue
โค๏ธ @philippe_honigman
Joris Delanoue
What a comment @philippe_honigman , what a support ๐Ÿ™Œ ! This is also Fairmint. A strong community, built over the years with people who believe in what we are doing.
Joris Delanoue
Indeed crypto has been used more and more over the last few years. Sometimes well, sometimes poorly. I am a crypto-pragmatic and when we teamed up with @thibauld it was already 6 or 7 years that he was in crypto. He knew everyone and everyone knew him in the industry. Together we kept building, choosing the hard path of crypto-securities vs crypto-currencies and yes we strongly believe we can deliver some of those long-awaited benefits of crypto you mention @philippe_honigman Thank you for supporting us ๐Ÿ™Œ
thibauld
@philippe_honigman Thanks a lot Philippe! Coming from you, it means a lot ๐Ÿค—
Ryan Nisbet
Pierre-Camille Hamana
Few things are promising to be as impactful to our business as Fairmint: - We raised nearly $900k without a pitch deck from our community, 90% of them being customers who love the product and want to be part of the journey! Any company that does not have some equity committed to their community is probably losing out on some of the cheapest capital available to them. - As a bootstrapped company, it was always tricky to contemplate compensating our team with options. Fairmint solves that 10x better than any VC-backed startup! More importantly: those options are valuable because they have buyers amongst our own customers. I don't think I have seen anything as powerful to build long-term alignment! I am a huge believer in Fairmint's success, and as a customer, I have seen their product velocity exploding in recent months.
Joris Delanoue
๐Ÿ™Œ @pierre_camille_hamana Thumbs up ๐Ÿ‘ All the team at Fairmint has been impressed by your vision as a founder, and as a community builder.
Joris Delanoue
You've proved how a community can support a founder, a product, a company they love @pierre_camille_hamana
Joris Delanoue
And you executed it so well, turning your users, your customers into owners @pierre_camille_hamana So well that now it signals VCs how robust and supportive your community is. This is a genius. We couldn't be more proud that you 've been using Fairmint to make community ownership a reality at Hospitable. Kudos to you @pchamana
thibauld
@pierre_camille_hamana thanks Pierre-Camille!! You sure are killing it, we super proud to have you as a customer and early adopter!! ๐Ÿ”ฅ
Ryan Nisbet
@pierre_camille_hamana I've loved seeing Hospitable have so much success
Christophe Pasquier
Looooooooove it, this makes so much sense, so many of our early users contributed to our product, they are one of the best growth driver and all we can give them is more voice and.. swag packs ๐Ÿ˜… this is amazing to give them true upside GG!!
fmerian
@christophepas Please keep me posted if you consider it for Slite <3
Ryan Nisbet
@christophepas Thank you for the support! Our launch today was planned entirely in Slite hahaha
Ryan Nisbet
@fmerian ๐Ÿ‘€๐Ÿ’ฏ
Joris Delanoue
๐Ÿ™Œ @christophepas thank you, and your entire team! We love Slite at Fairmint & we are all use it every day. What's missing on Slite? Not the Kanban view, we know it is around the corner. The "community" button of course powered by Fairmint ๐Ÿ˜ Thank you for your support Christophe ๐Ÿ™
Joris Delanoue
WOW see @christophepas Your community has your back. Whenever you are ready to give your community skin in the game, we will be there ;-) What do you prefer @fmerian for your portfolio? $SLT or $SLITE๐Ÿ’Ž
Charlie DURAND
Big fan of FairMint, I feel like it opens so many possibilities for the future of governance/ownership of companies. I'm french and yet I'm seriously considering incorporating my next company in the US, only to be able to use FairMint!
Joris Delanoue
Hey @charlotte_durand1 Thank you for your message. Since we started discussing this on our webinar, I know you've so supportive๐Ÿฅฐ and it means a lot to me
Joris Delanoue
Whatever you will decide @charlotte_durand1 , we will be here for you ๐Ÿค— like all founders we've worked with. Did you check the latest product updates already?
Charlie DURAND
@joris_paris Not yet but it's def on my to-do! I'm hyping FairMint in the parisian web3 ecosystem, would be awesome to have you on a conf at some point!
Ryan Nisbet
@charlotte_durand1 Love this! Thanks Charlotte
thibauld
@charlotte_durand1 Thank you Charlie, we'll be here for you :)
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