Hack VC-investing in the world’s Top Technology Startup
What is a HACK VC?
Venture funds are VC HACK created by Hacker/Founder (H/F) using blockchain technology to provide accelerated liquidity to investors. Money accumulated when the sale of tokens will be invested in top-tier technology companies on a global scale. Official website: https://hackvc.hf.cx/
Every $30 M raised in the token sale, Hack will invest in 30 new company portfolios. The equity from these companies will be used as a liquidity fund. H/F portfolio has grown 30% year on year for 5 consecutive years. Meanwhile, the venture capital funds in the Silicon Valley are able to achieve only 15-20%. Since H/F looks for the performance in the company, the biases like race, gender and age are not collected.
Unlike other companies, the founders of the startups can speak with the investors of H/F program. H/F has the list of investors from the database of more than 3000 angel investors. Interviews will be conducted and the investors will share their experiences with the board members of H/F. If the company has the right match of investor, then H/F opens with the founders of the company whether the company will be a good fit for the Hackers/Founders startup program.
The token sale has started from the second week of November. H/F will accept the bitcoins and Ether as the crypto currencies for taking part in the token sale. H/F has announced bonus package of 40% for the investors buying the token in the phase 1. The bonus package of 30% is announced for the investors taking part in the phase 2.
Team and their portfolios
The board members comprise of the founding person, Christopher who is also the CEO of Gloebit which is a digital currency web service. The other members are also from the diverse fields of Finance and management. The main portfolio is to cultivate a large network of tech founders around the world. With its liquidity, the returns will be reinvested and this further increases the chances for future returns. This creates more opportunities for profit. Hack gives exposure to the investors of any tier and therefore anyone who sees the idea of the startup to be interesting can monetize and earn profit from them.
For more information:
Official website: https://hackvc.hf.cx/
My profile Bitcointalk:https://bitcointalk.org/index.php?action=profile;u=1063026