Blockchain Legacy Fund
An investment solution increasing digital rewards for more blockchain opportunities
The Team
General Partners
Jared Moss
Jared W. Moss has been working with venture funds since the start of his legal career. He assisted with the formation and capital raise for two funds in real estate and oil & gas sectors. Jared has represented several funds, family offices, and private capital with numerous portfolio investments. Jared has a passion for entrepreneurship and new technology, and he is advancing the legal issues in the blockchain community.
Wright Thurston
Wright Wesley Thurston is a serial entrepreneur and has been leading teams working in new technologies since 1999 and has a passion for making the complex, simple and accessible. With a long working history in various technologies, including wireless, internet, home automation, and renewable energies, Wright is uniquely qualified to lead teams at the forefront of blockchain. Wright holds patents and intellectual property with several blockchain technologies, and is the founding contributor of multiple blockchains – green, arcade, connect, and give.
The Problem
- Investors want a more efficient way to source and invest in companies that serve their interests, whether they be industry-specific or defined by some other characteristic.
- Entrepreneurs struggle to source capital and often face investors with unintentional bias or lack of knowledge about their specific solution.
- Innovators should be rewarded for transparency and execution and those supporting innovation with their capital should be able to do so in a risk-managed way.
Why Entrepreneurs Care
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Funding
Blockchain startup CEOs now have a defined, transparent path to funding and no longer have to pitch. Instead, they’ll complete an online application.
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Time
With a clear path to funding, entrepreneurs can dedicate more time to building their business and fostering relationships with those that care about their success rather than spend an exorbitant amount of time trying to entice investors.
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Access
Entrepreneurs should be visible to investors that care about the breakthrough technology they are creating. The Fund and its advisors can provide companies with best-in-class tools and hands-on mentoring so long as the companies maintain a commitment to transparency.
Why Investors Care
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Transparency
Company specific and portfolio analytics to monitor execution and identify holdings that merit follow-on funding.
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Risk Management
An early-stage venture fund that genuinely manages portfolio risk using institutionally rigorous diversification and security selection strategies.
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Tax Efficiency
Optimize on existing tax laws that can lower the after-tax risks and render profits potentially tax-free.
Solution
The Blockchain Legacy Fund is designed to mobilize enlightened capital for the biggest market disruptor of our time - Blockchain and Distributed Ledger Technologies. It will reward the innovators, while providing a transparent, meritocratic path to funding.
Branded Network of Funds
Scalable
The Legacy Funds will provide a technology platform (‘Venture-as-a-Service) and brand to license standardized, localized, venture funds around the country.
Turn Key for General Partner
Each licensed fund will leverage the cloud-based infrastructure of
- Fund Administration
- Investor Relations
- Company & Portfolio Analytics
and other resources to eliminate the burden of fund formation and management.
More Startups Supported
As a result, more investors all over the country can leverage the funding infrastructure to support innovation they care about. Providing more opportunity to more startups risk mitigated way.
SIFT® Method of Venture Portfolio Construction
Smart® IR
An expectation of proper transparency from startups seeking investment before funding, leveraging the research that confirms the link between transparency and startup performance.
Index Fund-like structure
Leveraging the research showing 100 companies equally weighted is the optimal seed fund structure.
Filtering
Rather than merely picking companies, we filter them for funding based on consistent, transparent milestones that de-risk the selection for the fund without adverse signals of over-weighting or under-weighting investments.
Tax Optimization
Inclusion of both QSB §1244 and §1202 to optimize the after-tax risks and returns.
Funding Portals
Technology Focus
As a blockchain itself, the Blockchain Legacy Fund utilizes the transparent results delivered by AngelSpan to give investors metrics at the company and portfolio-levels, allowing for a significant increase in blockchain company investments.
Clear Funding Path
The Legacy Funds will present a transparent and efficient path to funding for entrepreneurs. The criteria to qualify for funding will be clearly outlined, thereby eliminating most of the subjectivity associated with current funding processes.
Transparent Results
The Blockchain Legacy Fund uses AngelSpan’s investor reporting platform, which requires each company to provide monthly data on proven metrics. The longitudinal data lends to insights on key areas of the company and makes follow-on investment decisions easy. Investors have a front-row seat to real-time operating information on portfolio companies and are positioned to help propel their success in the blockchain economy.
