AW Investment Fund will raise money from their Community Members. To become a member each Angel must invest:
AW Community will raise a fund of 1.2M€ (1.200.000€) with a valuation of 1.2M€ (100% equity dilution) to be used in:
The support team of each invested project has the duty of communicating to all Angels whenever there is a possibility of a liquidity event, such as an acquisition, merger, secondary sales, or IPO of a company that was invested by Angels Way.
The Angels will discuss and analyze each offer. The support team of each project will provide updated information on the process. All successful liquidity events will be registered in the Angels Way Platform and the information will be available to all Angels at any time.
The costs to be borne by Angels Way during the maturity period (10 years) will be approximately 200.000,00 euros (two hundred thousand euros) - legal representation, accounting, KYC/AML screening, blockchain-based platform, bank depositor.
Detailed information on the costs will be available on the Angels Way platform so that investors can have direct and instant access to the expenses incurred.
The community members will be awarded stock options (aka as carry of the fund) based on their contribution to core activities of AW, such as:
AW promoters:
AW support team:
Note: The number will vary since not all 20 Startups will be invested in the first years. Stock options not attributed will relay to the AW tasks pool.
AW tasks: