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22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
- aanburajan 9y agoAm biased because I'm part of 22X offering, but as a group of founders we were in SF during the craziness of crypto in the summer and saw that there was a better way to raise capital - together. Legally we had to cede control so that this could be done by a third party - Securitize in this case - but the ramifications are huge if we are successful. It takes a standard startup investment and turns it liquid and has potential for greater returns because of lack of carried interest fees, lower management fees and immediate deployment of capital. Here's to a new era in startup investing!!!!
- nchafni 9y agodiversification, liquidity, and most importantly democratized access!
- omristern 9y agoMakes a lot of sense for angel investors that want to get better access and have visibility into these types of deals.
- hatfieej 9y ago(Full disclosure...22X/B22 here) I'm really excited beyond just our batch. Paving the way for this can change the game for a lot of other early stage companies.
- yfaber 9y agoThis is really interesting. Sounds very promising.
- slowtokyo 9y agoNice. Rise of the security tokens!
- nnory 9y agoI want in! It would be great if YC companies can do the same and give the wider access to deal flow for a wider audience. I guess 500 Startup alumni is leading the charge on that and the seed stage investment is being re-engineered, who knew!
- tapetar 9y agoif this works out well then it will no doubts bring a breakthrough to all the future YC and 500 Startups batches. can't wait for that to happen!
- Zivana 9y agoDemocratizing access to startup capital – love it!
- Ayorinde1 9y agoDefinitely a new way of raising capital in the start-up world...Looking forward to its success.
- samialsayyed 9y agoWhat an awesome way to use blockchain technology. Love it
- mehrajkhan 9y agoNext level of financial system.... means more secure and faster way of doing business in future....
- nikskhubani 9y agoFeeling excited to see how this venture will go overall. This can bring whole new way to get funded especiallly as a group of companies.
- sblo 9y agoFantastic! I dream this grows and then having next 500 Startups and YC batches both in one same ICO. Have you ever heard of something better?
- veselkostrug 9y agowow! thats really great)
- eddyA 9y agoReally cutting edge: 22X security token backed by assets of the 30 underlying companies, PLUS the tokens are tradable after certain holding periods and not subject to the capital lock-up traditionally associated with startup investing subject to market liquidity. What more?
- deleted 9y ago[deleted]
- ngyusum99 9y agoGood stuff. Definitely support!