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This article states: "The venture, called Veld LLC, plans to profit by charging a fee for marketing stakes in operating oil and gas wells, one of the people sa
by hhs 6y ago
This article states:
"The venture, called Veld LLC, plans to profit by charging a fee for marketing stakes in operating oil and gas wells, one of the people said, and will offer analytical data to investors interested in the well stakes.
Investors can acquire holdings in between one and 10 wells, which the presentation described as “pods,” and will be sold to the investors as high-yield investments, the people familiar with the business pitch said on the condition of anonymity."
What's the competitive advantage with this venture?
- MattGaiser 6y ago> What's the competitive advantage with this venture? I fear that it will be retail investors.