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Author Topic: [HAVELOCK](SFI) Seedcoin Fund I  (Read 27249 times)
empoweoqwj
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December 28, 2013, 02:38:33 AM
 #61

What happens if the initial 2M shares don't get sold?

We will adjust the investment per startup according to total amount raised. We will keep all Seedcoin Fund I unit holders informed of any change in the investment amount depending on total amount of bitcoin raised through this offering.

How many shares sold to date?
seedcoin
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December 28, 2013, 06:25:59 AM
 #62


How many shares sold to date?



pls check https://www.havelockinvestments.com/fund.php?symbol=SFI

number after "Units outstanding" is the number of units sold. If you go to the tab "public offerings" on that page you can see the number of units sold for each block of 500,000 shares and remaining number of units for current block.


Global seed-stage Bitcoin startup virtual incubator. Investing in the Future Leaders of the Cryptocurrency Economy.
empoweoqwj
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December 28, 2013, 07:10:00 AM
 #63


How many shares sold to date?



pls check https://www.havelockinvestments.com/fund.php?symbol=SFI

number after "Units outstanding" is the number of units sold. If you go to the tab "public offerings" on that page you can see the number of units sold for each block of 500,000 shares and remaining number of units for current block.



Or you could have just told me how many shares sold to date. Never mind.
jaminunit
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January 05, 2014, 12:42:12 AM
 #64

Cool, I just invested some. I really like the idea of the mexican markets and GoCoin looks great aswell.

I've been a Bitcoiner since 2010, and currently working on TheStandard.io, a next-generation stablecoin, and lending protocol.
The Standard Protocol Announcement thread
navitatl
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January 05, 2014, 01:04:08 AM
 #65


How many shares sold to date?



pls check https://www.havelockinvestments.com/fund.php?symbol=SFI

number after "Units outstanding" is the number of units sold. If you go to the tab "public offerings" on that page you can see the number of units sold for each block of 500,000 shares and remaining number of units for current block.



Or you could have just told me how many shares sold to date. Never mind.

'Teach a man to fish and he'll be an ungrateful dick about it'
empoweoqwj
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January 05, 2014, 03:54:13 AM
 #66


How many shares sold to date?



pls check https://www.havelockinvestments.com/fund.php?symbol=SFI

number after "Units outstanding" is the number of units sold. If you go to the tab "public offerings" on that page you can see the number of units sold for each block of 500,000 shares and remaining number of units for current block.



Or you could have just told me how many shares sold to date. Never mind.

'Teach a man to fish and he'll be an ungrateful dick about it'

Not sure that's a real saying, but I get your point Smiley
Morguk
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January 05, 2014, 07:42:53 PM
 #67

Cool, I just invested some. I really like the idea of the mexican markets and GoCoin looks great aswell.

Yeah I'm interested too in the Mexican exchange, how much did you invest?

Calculate the chance of hitting a bitcoin block when solo mining at
Jungian
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January 19, 2014, 07:22:30 PM
 #68

No news about anything here? Has the captain left the ship?

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
Lohoris
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January 19, 2014, 08:54:34 PM
 #69

No news about anything here? Has the captain left the ship?
There's never been a captain, only somali pirates.

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DefaultTrust is very BAD.
seedcoin
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January 20, 2014, 04:23:23 PM
 #70

Following the end of the fund raise a few days ago we have been busy putting in place the agreements for each startup with the assistance of specialized lawyers, the term sheets corresponding to each investment of SFI is being sent out to the SFI startup entrepreneurs this week and as soon as they are approved and executed we will publish the investment conditions, investment amounts and stakes to be owned by SFI and its investors via HavelockInvestments.com.

We are currently also selecting the second batch of Bitcoin startups for SF-2, Seedcoin Fund 2. We have received more than 50 applications in less than one month via http://www.f6s.com/bitcoinstartupvirtualincubator and directly by email from Bitcoin entrepreneurs around the world.

We would like to reiterate that each offering will raise funds for different Bitcoin startups, therefore each offering should be considered as separate investments with distinctive potential returns and potential dividends. Throughout the offerings the Funds' managers will  keep the investment focus on cryptocurrency startups at an early stage of development.

Global seed-stage Bitcoin startup virtual incubator. Investing in the Future Leaders of the Cryptocurrency Economy.
seedcoin
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January 20, 2014, 04:26:07 PM
 #71

No news about anything here? Has the captain left the ship?
There's never been a captain, only somali pirates.


Hi Lohoris,

We are considering a project in Eastern Africa but not in that state.

Global seed-stage Bitcoin startup virtual incubator. Investing in the Future Leaders of the Cryptocurrency Economy.
Lohoris
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January 20, 2014, 04:29:26 PM
 #72

We are considering a project in Eastern Africa but not in that state.
Cheers!
While I'm still unconvinced by this project, mostly because of Havelock's involvement, I sincerly appreciate this ironic and fun response (seriously, no pun intended).

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
Jungian
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January 20, 2014, 04:52:23 PM
 #73

We are considering a project in Eastern Africa but not in that state.
Cheers!
While I'm still unconvinced by this project, mostly because of Havelock's involvement, I sincerly appreciate this ironic and fun response (seriously, no pun intended).


What is it you dislike about Havelock?

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
Lohoris
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January 20, 2014, 05:20:59 PM
 #74

What is it you dislike about Havelock?
Did you follow their IPO?

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
Jungian
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January 20, 2014, 05:30:23 PM
 #75

What is it you dislike about Havelock?
Did you follow their IPO?


No, I did not.

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
naaktslak
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January 20, 2014, 05:34:16 PM
 #76

How long will the dividends be paid from the first fund? If the second fund is started the dividends from the first fund stops?

Jungian
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January 20, 2014, 05:37:56 PM
 #77

How long will the dividends be paid from the first fund? If the second fund is started the dividends from the first fund stops?

Why would they stop?

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
triptamine
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January 20, 2014, 11:50:07 PM
 #78

How long will the dividends be paid from the first fund? If the second fund is started the dividends from the first fund stops?

Why would they stop?

Speaking of dividends, although regarding their initiation rather than their cessation: is there a tentative timeline for when shareholders might expect to see commencement of dividend payments?
seedcoin
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January 21, 2014, 12:44:52 AM
 #79

How long will the dividends be paid from the first fund? If the second fund is started the dividends from the first fund stops?

There is no time limit for dividends as long as startups are profitable and decide to pay out dividends and as long as SFI still owns shares in that company, 100% of the dividends entitled to SFI will be paid out to the unit holders on Havelock pro-rata of their unit holdings. Any dividends from SFI and from subsequent funds (SF-2 and so forth) are entirely unrelated so payment of dividends from one Seedcoin fund does not prevent payment of dividends from another Seedcoin fund.

Global seed-stage Bitcoin startup virtual incubator. Investing in the Future Leaders of the Cryptocurrency Economy.
NanoAkron
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January 21, 2014, 01:08:44 AM
 #80

How long will the dividends be paid from the first fund? If the second fund is started the dividends from the first fund stops?

There is no time limit for dividends as long as startups are profitable and decide to pay out dividends and as long as SFI still owns shares in that company, 100% of the dividends entitled to SFI will be paid out to the unit holders on Havelock pro-rata of their unit holdings. Any dividends from SFI and from subsequent funds (SF-2 and so forth) are entirely unrelated so payment of dividends from one Seedcoin fund does not prevent payment of dividends from another Seedcoin fund.

May I ask about payments upon the sale of companies in SF-1? Will shareholders also be paid out pro-rata?

Many thanks!
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