Re:Earnest Capital is live
by mbesto on Thursday February 14, 2019 @12:06PM
(#19163525)
Cell B88.
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Re:Earnest Capital is live
by tylertringas on Sunday February 17, 2019 @09:50AM
(#19184694)
That is a tool for calculating the % of a sale that would go to Earnest depending on which year you sell the business in. It is set at year 6 in the default setting for the tool. Earnest's % of a sale goes down as Shared Earnings payments are paid back to us. In the base case setting in that model, the Return Cap is not fully paid back by year 6 so our stake at that point in time is 9.5%. If you change that 6 to year 10 our stake is reduced to 5%.
Just to reiterate all of these terms are negotiable at the time of investment too.