Core Insights - Nothing is launching a new community investment round of $5 million, allowing users to buy shares at a Series C valuation of $1.3 billion, starting December 10 [1] - The company has raised a total of $8 million from over 8,000 individuals in previous community investment rounds, with the first round held in 2021 aiming for $1.5 million [1][2] - Nothing raised $200 million in its Series C funding in September from notable investors, bringing total funding to $450 million [3] Company Strategy - The community investment round is part of Nothing's strategy to engage its user base while remaining private, with community investors receiving a rotating seat on the board [2] - The company is restructuring to increase its market share in the smartphone sector, which is currently dominated by Samsung and Apple, and is spinning off its budget CMF brand while exploring AI-centric devices [4] - Nothing reported crossing $1 billion in cumulative revenue this year, reflecting a 150% increase from 2024 [4] Future Plans - The CEO stated that the company aims to be "IPO-ready" within three years, with the timing dependent on market conditions [5] - There is uncertainty regarding additional fundraising before an IPO, but the company is not currently focused on raising capital [6] - Interested investors can participate in the community round through platforms like Wefunder and Crowdcube [6]