The investment structures could use description in English.
Does investing in these instruments make the investor a co-owner of the business? (Like a member of an LLC)? Or is it a revenue sharing contract of some kind?
SMB investing often takes the form of debt. Do you support cash flow loans?
What’s the enforcement mechanism if the SMB raises funds and then doesn’t pay out? I know a guy who does cash flow loans for small businesses and being a real tough mofo (and having even rougher characters on staff) is part of the job.
Also I think people expect there to be an exchange for shares. I know these assets will be highly illiquid, but still you could permit buy/sell orders to be placed on the books to facilitate exiting.
The investment structures could use description in English.
Does investing in these instruments make the investor a co-owner of the business? (Like a member of an LLC)? Or is it a revenue sharing contract of some kind?
SMB investing often takes the form of debt. Do you support cash flow loans?
What’s the enforcement mechanism if the SMB raises funds and then doesn’t pay out? I know a guy who does cash flow loans for small businesses and being a real tough mofo (and having even rougher characters on staff) is part of the job.
Also I think people expect there to be an exchange for shares. I know these assets will be highly illiquid, but still you could permit buy/sell orders to be placed on the books to facilitate exiting.