Venture capital firm SPiCE VC is announcing today the launch of the first ICO for a «Liquid VC» fund that will use the Bancor protocol to
offer immediate liquidity to investors.
Not exact matches
One of the reasons that banks
offer a higher interest rate on certificates of deposit is because the holder gives up
liquidity, or
immediate access to their funds, for the term of the CD.
However, we believe it is a full and fair value for the Company and
offers both an attractive premium for stockholders, as well as
immediate liquidity for a stock that is thinly traded.
In addition, companies are now
offering whats called high early cash value (80 - 90 % of premiums in year 1) for people who want more
immediate liquidity, but unfortunately it
offers a lower IRR long term.
Perhaps the most prominent
offer to close on the crowdfunding platform is Elio Motors — a company that raised almost $ 17 million and then went on to list on OTC Markets following its crowdfunding round thus providing
immediate liquidity for early investors.