The Ground Floor Of A Trillion Dollar Company
The goal is to raise a million dollars for a blockchain startup whose first project likely will be to build advanced digital tools to put at the services of Russia’s democracy movement that might have global applicability, and will also morph to provide government services in the poorest countries at a fraction of the current costs and 100 times better in quality. The company will revolutionize basic digital identity, bank accounts, money transfers, credit history, and commerce for the dollar-a-day people and above.
To keep the number of investors low, all contributors will be organized into an LLC, and that LLC will have democratic representation in the mothership. So 1M gives the LLC a 2% stake in the company with an anti-dilution clause. The anti-dilution clause part is key. Without that you might start owning 20% of the company, but after a few rounds you might end up with 1% or less. So the company is being valued at 5M, but the 1M raise is not getting 20% because of that anti-dilution clause. Even at IPO this 1% will still be 1%.
You will be buying percentage ownership of a company, to be organized, where your ownership is the proportion of your investment as is your voting power. And one elected person will represent the entire investor pool to sit on the company Board for a two-year term at a time. That person might not be the largest investor.
To learn more about the equity structure:
30-30-30-10: A More Thoughtful And Egalitarian Formula For Equity Distribution In Tech Startups For The Age Of Abundance
I propose an equity structure that I believe is more thoughtful and egalitarian and makes greater business, productivity, innovation, and fairness sense than what has been in place this past quarter-century. I call the formula 30-30-30-10. 30% to the Founders and Partners. 30% to the Team. 30% to the investors in about 10 rounds, so about 3% per round, with an Anti Dilution Clause. 10% to a Foundation bearing the company’s name.
To learn more about Russia’s democracy movement: Russia's Democracy Movement will be tokenized.
1M invested now should be 1B in about 10 years. Or, 10K invested now should be 10M in about 10 years. Spread the word.
Your investment amount in dollars will be whatever that amount is the moment it is cashed out. So if you invest 10K now, and the price of Ethereum doubles by the time the money is taken out, your investment will be considered 20K.
There is no minimum amount.
This statement will stay on the chain for all future references.
Let the fundraising begin. Ring the bell.
