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Am 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 bette
by aanburajan 9y ago
Am 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.