Support Echedry Vargas. Get paid a piece of his MLB earnings.

Finlete signed Echedry Vargas, a top prospect in the Texas Rangers organization, to a brand contract including 10% of his future MLB earnings. Own a piece of his potential upside by buying shares today.
Opportunity ends in...
62d
12h
45m
15s

$8.00

Share Price

$96.00

Min. Investment

$800K

Max. Raise

$29,448

Raised So Far

$50K / $800K

Target / Max Investment
As seen in

Meet Echedry Vargas

Echedry started as a relative unknown, but is rapidly making a name for himself and moving up the prospect rankings. Echedry’s statistics over the past 3 seasons are impressive and have exceeded expectations.
Infielder (SS, 2B, 3B)
Organization: Texas Rangers
ETA 2027
Age: 19
Bats / Throws: Right / Right
Height / Weight: 5’11” / 170
2022 International Signing
Hometown: Azua, Dominican Republic
Baseball America (2023)
Rookie All-Star
Arizona Complex League (2023)
Postseason All-Star; Top MLB Prospect
Dominican Summer League (2022)
Player of the Week; Mid-Season All-Star

#7 Texas Rangers prospect

according to Brice Paterik, Locked on Rangers
Brice Paterik, Locked on Rangers
00:00
0:00

#11 Texas Rangers prospect

according to Keith Law, The Athletic
an advanced bat with a compact swing that produces some sneaky pop. [...] Vargas has quick hands at the plate and stays back well on balls on the outer half while looking to pull stuff on the inner half. [...] He led the Arizona Complex League with 11 homers, the only player in double digits. [...] He’ll end up in the 15-20 homer range with a high batting average as he continues to develop. [...] He’s very promising as an offensive prospect who has a couple of paths to deliver value at the plate.

[2024 Sleeper?] You can probably guess it’s Vargas, whom I heard other teams were asking Texas for at the trade deadline.
Learn More

How this works

Buy shares
Buy shares and you will get to participate in the potential success of Echedry Vargas. You do not need to be an accredited investor.
Join his journey
Finlete is not betting, fantasy, or gaming. It’s the real deal, actual skin in the game. If Echedry succeeds, Finlete and fan-investors like you do too.
Share in his success
Dividends are paid twice a year, based on Echedry's lifetime professional sports earnings at the Major League level.

Return scenarios

<-- Drag slider to estimate potential investment return -->
$8
Share Price
12
Total Shares
$96
Investment
If Echedry earns...
Your potential return is...
$14M - Ramon Santiago*
$X
Comparison
AVG
SLG
OPS
wRC+
Echedry Vargas
.309
.539
.917
131
Ramon Santiago
.259
.346
.679
78
$37M - Alcides Escobar*
$X
Comparison
AVG
SLG
OPS
wRC+
Echedry Vargas
.309
.539
.917
131
Alcides Escobar
.291
.388
.721
94
$73M - Didi Gregorius*
$X
Comparison
AVG
SLG
OPS
wRC+
Echedry Vargas
.309
.539
.917
131
Didi Gregorius
.274
.389
720
100
$165M - Elvis Andrus*
$X
Comparison
AVG
SLG
OPS
wRC+
Echedry Vargas
.309
.539
.917
131
Elvis Andrus
.272
.359
.699
93
$307M - Adrian Beltre*
$X
Comparison
AVG
SLG
OPS
wRC+
Echedry Vargas
.309
.539
.917
131
Adrian Beltre
.306
.549
.942
115
Watch: How to use this section

How does Echedry benefit?

This investment will be game-changing for Echedry.
These funds allow him to dedicate his focus to baseball year-round. He’ll be able to afford offseason coaching, strength & conditioning, nutrition, and equipment. We’re helping him continue to pursue his dream of becoming an MLB star.
Since this isn't debt, Vargas doesn’t owe Finlete a dime until he lands on MLB-level contract. We’re in this together, we succeed together.
We’re giving Echedry the ability to not only focus on baseball year-round, but to gain a community of people rooting for him every step of the way.
Rob Connolly, CEO, Finlete Funding, Inc.
Sample Expenses
OFF SEASON COACHING
Hitting Coach
$20,000
Fielding Coach
$20,000
Strength & Conditioning
$25,000
Nutritionist
$10,000
EQUIPMENT
Cleats
$1,000
Gloves
$1,500
Sunglasses
$1,000
PERSONAL
Family Support
$85,000
Car
$40,000
Travel
$15,000
Housing
$35,000
Increased chances of success for Echedry
Supporting Echedry by buying shares also makes it more likely he’ll make it to the majors by helping ensure he has the resources he needs to focus on his health and baseball – and, by extension, increases the odds that the investment in his shares pays off.

Stefan von Imhof, CEO, Alts.co, an alternative investing newsletter

SEC Compliance

Finlete operates in a regulatory framework and is compliant with Regulation Crowdfunding (Reg CF)  requirements. Reg CF enables eligible companies to offer and sell securities through crowdfunding to both accredited and non-accredited investors. This offering is conducted by an SEC-registered broker-dealer and member of FINRA SIPC.

Let’s break down the opportunity

FAQ
1
Invest through Finlete
You are buying Echedry Vargas Preferred Stock through Finlete.
2
Regulation CF compliant
Finlete is compliant with Regulation Crowdfunding (Reg CF) requirements.
3
Investment directly supports Echedry and his MLB journey
The athlete is able to support himself so he can focus on baseball full time and afford better training, nutrition, and equipment.
4
Earn a potential return based on Echedry’s possible MLB earnings
Investors earn a distribution based directly on Echedry’s potential professional on-field compensation. Dividends are paid twice per year.
Learn More

Hear our CEO explain Finlete

Finlete on San Diego’s #1 sports radio station, 97.3 The Fan (March 1, 2024)

Together we are ushering
in a new era for athletes & fans

Athletes need access to capital and want to build a following. Fans want to be more than spectators.
UPSIDE
Acquire a stake in the future success of real athletes by investing in Finlete. Benefit from the growth and success of their careers.
ACCESS
You, the fan, finally have the opportunity to partake in these deals. Previously, these opportunities were limited to hedge funds. Finlete launched to support athletes + fans.
COMMUNITY
Buying shares gets you way more than just a financial return. Finlete is building a community of passionate sports fans who want to be more than just spectators.
ENGAGEMENT
Perks and experiences like exclusive virtual meet & greets, contract signing parties, content, merchandise, and so much more.
COMPLIANCE
Finlete operates within a regulatory framework, ensuring a secure and transparent marketplace for all.
INVESTMENT
Finlete operates within a regulatory framework, ensuring a secure and transparent marketplace for all.

Learn More

Ready to take the next step with Finlete and Echedry Vargas? We're standing by to walk you through the process of buying shares.

Please use this form to provide your info and a member of our team will reach out to you.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Team

Our team is comprised of a combination of entrepreneurial grit, sports industry experience, passion for fan engagement, and financial acumen. We have deep sector insights and a track record of scaling startups.
Rob Connolly
FOUNDER & CEO
Ex-Founder, AgentBuzz
(acquired)
Max Eisenberg
ADVISOR
Ex-Founder & CEO,
ActionStreamer
Michael Bryan
ADVISOR
Founder, 881 Capital
Ex-CFO, Big League Advantage
Ichan Stall
ADVISOR
Board Member, NTAN
Ex-Founder Crunch Data (acquired)
Mark Grant
ADVISOR
Color Commentator, San Diego Padres
Ex-MLB Player

Frequently Asked Questions

Why invest in startups?
By buying shares in an early-stage company you’re passionate about, you are helping it grow. While there is no guarantee of success, startups have the potential to grow rapidly and generate substantial returns for early investors.
What types of securities can I buy on this site?
We are selling Echedry Vargas Preferred Stock, a class of Preferred Stock of Finlete Funding, Inc.
How much can I invest?
Investors other than accredited investors are limited in the amounts they are allowed to invest in all Regulation Crowdfunding offerings (on this site and elsewhere) over the course of a 12-month period: If either of an investor’s annual income or net worth is less than $124,000, then the investor’s investment limit $2,500, or 5% of the greater of the investor’s annual income or net worth, whichever is greater. If both an investor’s annual income and net worth are $124,000 or higher, then the investor’s limit is 10% of the greater of their annual income or net worth, or $124,000 whichever is greater. Accredited investors are not limited in the amount they can invest.
How do I calculate my net worth?
Calculating net worth involves adding up all your assets and subtracting all your liabilities, subject to certain rules and allowances. Please see additional details from the SEC here.
What are the tax implications of an equity crowdfunding investment?
We cannot give tax advice, and we encourage you to talk with your accountant or tax advisor before making an investment.
Who can invest in a Regulation CF Offering?
United States residents over 18 years of age can invest. While there is nothing explicitly prohibiting international investors from investing in Reg CF Offerings, international investors should check the laws and regulations of their country before participating.
What do I need to know about early-stage investing? Are these investments risky?
Ref CF Offerings are high risk opportunities and may not retain their value. Investing in startups and small businesses is inherently risky and standard company risk factors such as execution and strategy risk are often magnified at the early stages of a company. In the event that a company goes out of business, your ownership interest could lose all value. Furthermore, private investments in startup companies are illiquid instruments that typically take up to five and seven years (if ever) before an exit via acquisition, IPO, etc.
When will I get my investment back?
Companies conducting a Reg CF are privately held companies, and their shares are not traded on a public stock exchange. As a result, the shares cannot be easily traded or sold. As an investor in a private company, you typically receive a return on your investment under the following two scenarios: The company gets acquired by another company. The company goes public (makes an initial public offering on the NASDAQ, NYSE, or another exchange). In those instances, you receive your pro-rata share of the distributions that occur, in the case of acquisition, or you can sell your shares on the exchange. It can take 5-7 years (or longer) to see a distribution or trading, as it takes years to build companies. In many cases, there will not be any return as a result of business failure. Dalmore Group, LLC does not make investment recommendations, and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Investments in private placements and start-up investments in particular are speculative and involve a high degree of risk, and those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investments tend to be in earlier stages of development, and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Additionally, investors on Regulation CF offerings will receive securities that are subject to holding period requirements. In the most sensible investment strategy for start-up investing, start-ups should only be part of your overall investment portfolio. Further, the start-up portion of your portfolio may include a balanced portfolio of different start-ups. Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest.
Can I sell my shares?
Shares sold via Regulation Crowdfunding offerings have a one-year lockup period before those shares can be sold freely. Exceptions to limitations on selling shares during the one-year lock up are transfers:
– To the company that issued the securities;
– To an accredited investor;
– In connection with your death or divorce or other similar circumstance;
– To a family member (defined as a child, stepchild, grandchild, parent, -stepparent, grandparent, spouse or spousal equivalent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships).
What information does this site collect from issuers related to their offering?
The organization of the company Dalmore Group, LLC requires information that shows the issuer company has taken steps necessary to organize as a corporation or LLC in its state of organization, is in good standing, and that the securities being issued will be duly authorized and validly issued.

The corporate structure and ownership Dalmore Group, LLC works with the issuer company to disclose its organizational structure, affiliated entities, and current capitalization. The people behind the company Dalmore Group, LLC help the issuer company disclose who is behind the operations and strategy of the company, along with their previous related experience, and Bad Actor Reports to provide evidence that the company is not disqualified from proceeding with its offering.

Information provided to investors Dalmore Group, LLC checks that the issuer company is providing clear disclosure of its financial situation, business origins, and operations, and legal authority to engage in its business activities.

Investor information and terms of the offering Dalmore Group, LLC reviews for consistency each instance where the issuer company describes the offering terms, and identifies to investors how the issuer company reached its current valuation and will track and keep in touch with its security holders.

Review of transaction documents Dalmore Group, LLC performs an independent review of transaction documents to check for red flags & conformance with stated terms.

Business due diligence Dalmore Group, LLC conducts research and due diligence on each company before it is able to accept investments on the platform. Dalmore Group, LLC will typically conduct over 30-40 hours of due diligence per opportunity, which requires the satisfactory completion of a detailed set of individual questions and data requests. Particular focus is paid to the following issues throughout the due diligence process: Problem or inefficiency being addressed Product / service overview, stage of development and anticipated milestones Demonstrated traction (e.g. revenue, pre-sales, purchase orders, signed contracts, media coverage, awards, etc.) Data to support claims made in marketing materials (e.g. user / customer metrics, signed contracts and agreements, product demonstrations, etc.) Growth strategy Employees and advisors (including ownership structure) Addressable market (e.g. size, growth, penetration, etc.) Competitive landscape and industry dynamics Exit opportunities Intellectual property Historical financials Financial projections(including error-checking, evaluation of key assumptions and reconciliation to stated growth plan) Reference checks (e.g. previous investors, advisors, etc.) Investment overview (including determination of key terms, uses of funds, and current and previous investors) The findings of the foregoing review are presented to Dalmore Group, LLC, which may approve, reject, or require additional information for the offering. Upon approval and following the onboarding process, an offering can begin accepting investments online. General considerations Notwithstanding the foregoing, these investments are illiquid, risky and speculative and you may lose your entire investment. The foregoing summarizes our standard process. However, each diligence review is tailored to the nature of the company, so the aforementioned process is not the same for every issuer. Completing the vetting process does NOT guarantee that the company has no outstanding issues or that problems will not arise in the future. While the foregoing process is designed to identify material issues, there is no guarantee that there will not be errors, omissions, or oversights in the due diligence process or in the work of third-party vendors utilized by Dalmore Group, LLC. Each investor must conduct their own independent review of documentation and perform their own independent due diligence and should ask for any further information required to make an investment decision.
What happens if a company does not reach its funding goal?
If we do not reach our minimum funding goal, your funds will be returned to you after the closing of our offering.
How can I learn more about a company’s offering?
All available financial information can be found on the offering pages for the company’s Regulation Crowdfunding offering.
Can I cancel my investment?
You may cancel your investment at any time, for any reason until 48 hours prior to a closing occurring. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To submit a request to cancel your investment please email support@finlete.com.
How do I contact someone from Finlete?
If you have questions that have not been answered in the FAQ, please email our Investor Support Team at support@finlete.com.
Where can I learn more about investing in Reg CF offerings?
Please download additional Education Materials here.

Join the Discussion

Opportunities

Baseball
Echedry Vargas
Texas Rangers organization
Baseball
Coming Soon
-
Football
Stay Tuned
-
Hockey
Stay Tuned
-
MMA
Stay Tuned
-
Golf
Stay Tuned
-
Soccer
Stay Tuned
-
Tennis
Stay Tuned
-
Horse Racing
Stay Tuned
-
For a limited time...
62d
12h
45m
15s
$8.00
Share Price
$96.00
Min. Investment
$800K
Max. Raise
$29,448
Raised So Far