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A comment on Earnest Capital is live. Parent comment

Re:Earnest Capital is live by berberous on Wednesday February 13, 2019 @04:34PM (#19157278)
Website also says: "In most cases, we’ll agree on a long-term residual stake for Earnest if you ever sell the company or raise more financing."
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Re:Earnest Capital is live by fragsworth on Wednesday February 13, 2019 @11:23PM (#19159597)
They don't explain it, but it sounds like the whole deal is effectively seed financing where they eventually get a 9.5% stake, but also with a 3-5x loan interest payment once you make money (which they're framing as "Shared Earnings").

And they're trying to hide the 9.5% part.

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Re:Earnest Capital is live by tylertringas on Thursday February 14, 2019 @07:07AM (#19161269)
Hiding? https://earnestcapital.com/shared-earnings-agreement-digging...
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