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Re:22X Fund: 30 Companies, 1 Token = a Whole New Way to Win ... by aanburajan on Tuesday January 23, 2018 @11:43AM (#16214905)
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!!!!
Re:22X Fund: 30 Companies, 1 Token = a Whole New Way to Win ... by nchafni on Tuesday January 23, 2018 @11:46AM (#16214933)
diversification, liquidity, and most importantly democratized access!
Re:22X Fund: 30 Companies, 1 Token = a Whole New Way to Win ... by hatfieej on Tuesday January 23, 2018 @03:30PM (#16217352)
(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.
Re:22X Fund: 30 Companies, 1 Token = a Whole New Way to Win ... by omristern on Tuesday January 23, 2018 @12:05PM (#16215082)
Makes a lot of sense for angel investors that want to get better access and have visibility into these types of deals.