6 ms·
It's not a good solution to give pieces of equity and/or claims on future cash distributions, but it sounds better than forcing to liquidate everything in a rus
by rvnx 4y ago
It's not a good solution to give pieces of equity and/or claims on future cash distributions, but it sounds better than forcing to liquidate everything in a rush immediately.
Another way could also be to apply when you are withdrawing the money:
1st yr: 10% withdraw fee
2nd yr: 9% withdraw fee
3rd yr: 8% withdraw fee
etc
with the rate adjusting down every year.
- modeless 4y agoOr, you could liquidate everything now and give people cash today that they could choose to put into treasuries themselves, earning a rate much better than your proposed lockup fee schedule. That sounds much faster and simpler and ultimately better for everyone.