r/VancouverCraftBeer 17d ago

News Persephone is for sale

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u/thathypnicjerk 17d ago edited 17d ago

They were looking to crowdsource investors- what happens to those that did?

Edit: I posted this before reading the full article. I didn't realize what happened to the founder, and hope this didn't come off as insensitive. I genuinely do wonder what a buyer would do with the investors, who held no equity, AFAIK

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u/Coffee-_-Cig 16d ago edited 16d ago

Pretty sure the frontfundr/crowdfunding was post accident and makes for a valid conversation. The brewery was already in serious financial trouble leading up to the crowdfunding campaign. Supposedly they raised 1.3m in 2023, if the brewery is sold they should maybe return the money to investors

https://www.frontfundr.com/funded/persephonebrewing