Title: 2013-05-29 New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: btceic on May 29, 2013, 10:44:11 PM http://www.americanbanker.com/bankthink/new-bitcoin-vc-fund-seeks-edge-with-regulatory-security-skills-1059453-1.html
Title: Re: [2013-05-29] New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: btceic on May 29, 2013, 10:46:46 PM http://libertycityventures.com/digital-currency-fund/
Pretty cool, is this the first dedicated VC fund for btc? Title: Re: [2013-05-29] New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: kjlimo on May 30, 2013, 09:32:48 PM http://libertycityventures.com/digital-currency-fund/ Pretty cool, is this the first dedicated VC fund for btc? Not sure. Is there a way I can invest in this fund? How is this different from a Hedge Fund which focuses on bitcoin investments? I'm intrigued by the idea of having a bitcoin startup fund that I can invest in. Help me diversify my "bitcoin project" investments. Title: Re: [2013-05-29] New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: btceic on May 30, 2013, 09:38:18 PM http://libertycityventures.com/digital-currency-fund/ Pretty cool, is this the first dedicated VC fund for btc? Not sure. Is there a way I can invest in this fund? How is this different from a Hedge Fund which focuses on bitcoin investments? I'm intrigued by the idea of having a bitcoin startup fund that I can invest in. Help me diversify my "bitcoin project" investments. If you are an accredited investor and are liquid for a few million im sure they will take your call. Title: Re: [2013-05-29] New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: kjlimo on May 30, 2013, 09:41:45 PM http://libertycityventures.com/digital-currency-fund/ Pretty cool, is this the first dedicated VC fund for btc? Not sure. Is there a way I can invest in this fund? How is this different from a Hedge Fund which focuses on bitcoin investments? I'm intrigued by the idea of having a bitcoin startup fund that I can invest in. Help me diversify my "bitcoin project" investments. If you are an accredited investor and are liquid for a few million im sure they will take your call. A) don't think I'm an accredited investor, and B) don't have a liquid (nor illiquid) few million. How do I become accredited? Why is "a few million" the minimum amount necessary? Title: Re: [2013-05-29] New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: btceic on May 30, 2013, 09:55:55 PM http://libertycityventures.com/digital-currency-fund/ Pretty cool, is this the first dedicated VC fund for btc? Not sure. Is there a way I can invest in this fund? How is this different from a Hedge Fund which focuses on bitcoin investments? I'm intrigued by the idea of having a bitcoin startup fund that I can invest in. Help me diversify my "bitcoin project" investments. If you are an accredited investor and are liquid for a few million im sure they will take your call. A) don't think I'm an accredited investor, and B) don't have a liquid (nor illiquid) few million. How do I become accredited? Why is "a few million" the minimum amount necessary? http://www.sec.gov/answers/accred.htm The federal securities laws define the term accredited investor in Rule 501 of Regulation D as: Quote a bank, insurance company, registered investment company, business development company, or small business investment company; an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million; a charitable organization, corporation, or partnership with assets exceeding $5 million; a director, executive officer, or general partner of the company selling the securities; a business in which all the equity owners are accredited investors; a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person; a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes. Title: Re: [2013-05-29] New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: kjlimo on May 30, 2013, 10:01:03 PM Thanks for the info!
Maybe next year ;) http://libertycityventures.com/digital-currency-fund/ Pretty cool, is this the first dedicated VC fund for btc? Not sure. Is there a way I can invest in this fund? How is this different from a Hedge Fund which focuses on bitcoin investments? I'm intrigued by the idea of having a bitcoin startup fund that I can invest in. Help me diversify my "bitcoin project" investments. If you are an accredited investor and are liquid for a few million im sure they will take your call. A) don't think I'm an accredited investor, and B) don't have a liquid (nor illiquid) few million. How do I become accredited? Why is "a few million" the minimum amount necessary? http://www.sec.gov/answers/accred.htm The federal securities laws define the term accredited investor in Rule 501 of Regulation D as: Quote a bank, insurance company, registered investment company, business development company, or small business investment company; an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million; a charitable organization, corporation, or partnership with assets exceeding $5 million; a director, executive officer, or general partner of the company selling the securities; a business in which all the equity owners are accredited investors; a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person; a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes. Title: Re: [2013-05-29] New Bitcoin VC Fund Seeks Edge with Regulatory, Security Skills Post by: ArticMine on May 31, 2013, 03:53:28 PM http://libertycityventures.com/digital-currency-fund/ Pretty cool, is this the first dedicated VC fund for btc? No. According to the article there is already a fair amount of competition in this space. |