22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
1–10 of 19 posts
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#2Am 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 at Startup Investing
#3Am 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 po…
diversification, liquidity, and most importantly democratized access!
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#4This is really interesting. Sounds very promising.
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#5Nice. Rise of the security tokens!
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#6I want in! It would be great if YC companies can do the same and give the wider access to deal flow for a wider audience. I guess 500 Startup alumni is leading the charge on that and the seed stage investment is being re-engineered, who knew!
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#7Am 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 po…
diversification, liquidity, and most importantly democratized access!
Makes a lot of sense for angel investors that want to get better access and have visibility into these types of deals.
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#8I want in! It would be great if YC companies can do the same and give the wider access to deal flow for a wider audience. I guess 500 Startup alumni is leading the charge on that and the seed stage investment is being re-engineered, who knew!
if this works out well then it will no doubts bring a breakthrough to all the future YC and 500 Startups batches. can't wait for that to happen!
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#9Democratizing access to startup capital – love it!
Re: 22X Fund: 30 Companies, 1 Token = a Whole New Way to Win at Startup Investing
#10Definitely a new way of raising capital in the start-up world...Looking forward to its success.