[ANN][Pre-ICO] Unit.Fund - The Internet's Own VC fund
Unit.Fund is an Ethereum based closed-ended fund that's open to everyone to invest in the world's best startups.
No minimum investment amounts, and no minimum annual income. Now anyone can invest in the startups of the future, and
realize gains that previously only the rich could get access to. Stay tuned for further details.
Unit.Fund is an index fund run by a team of talented entrepreneurs, following the investment ethos of
world-class investors like Paul Graham [YCombinator] and Dave McClure [500 Startups].
How does it work?- Unit.Fund is a closed-ended fund. The funds raised from the ICO represent 100% of the fund
- The funds are used to invest in early-stage technology startups across the world
- The fund makes a return when a startup exits -- either through an acquisition or an IPO
- The returns are then collected and disbursed to the ICO investors
How is Unit.Fund different?- Traditional VCs firms are very good at what they do, often citing 20%+ returns / year to their Limited Partners. However, most VCs only deal with a few limited partners (both individuals and institutional investors) that put in $10M+ in a fund, individually. Most people don't have such resources, and are therefore unable to partake in this arrangement. Angel Investing often requires a minimum of $50k/ticket, due diligence and access to deal flow.
- Unit.Fund allows you to invest as little as $1, and reap the returns on the collective capital in the event of a sale. That's better than any bank rate you can get today.
The unique advantage of investing in Unit.Fund:- No investment minimum
- Access to world-class technology startups at an early stage
- Potential for high returns (~2.5X / 7 years)
Who can't use Unit.Fund?- You are only allowed to purchase Unit.Fund tokens if you are neither a U.S. citizen or permanent resident of the United States, nor have a primary residence or domicile in the United States, including Puerto Rico, the U.S. Virgin Islands, and any other territories of the United States.
Why should you use Unit.Fund?- Support growing startups, with the potential to earn sizable returns
- Low minimums mean you can invest what you feel comfortable investing, without the base cost
- Preserve your wealth by investing it in actual companies, as opposed to keeping it on an unstable and uncertain virtual currency
