Rich people, VCs and LPs shouldn’t be the only ones
getting rich off tech. That’s why we’re building
an LP for the “little people”.
We’re a small, established, self-funded, Chicago-based Tech Firm
with our own
Creative Agency and several other startup
ventures, including 2 exits -
and our Founder’s
tech + solutions
have helped various Clients raise over $25M+ in the last decade alone.
We’re transparent, blunt and upfront about everything - because
we want to move FAST. So, we’ll talk about cost real quick...
First and foremost - this is
not about cost -
it’s about access and opportunity -
and we can all force a seat at a lot of tables if we work together.
NO LONG-TERM OBLIGATIONS - THIS IS THE REAL "SELLING" POINT
There’s no contractual or long-term obligation -
just pay as you go.
And, right now - every month will earn you additional shares in the
Equity of CrowdKode’s LP arm (CrowdKode LP), which means you
will receive RevShare Payouts from the "Management Fees" (ie. the
$5/mo, which will soon go up to $10-$20/mo.)
That could be a big deal - because an LP Marketplace of this nature has
never existed before - and by keeping buy-ins at the micro level, we
could have in the tens of millions of members.
So - back to price...
"INVESTMENTS" ARE AS LOW AS $.05 TO $1
Currently, it’s just $5/mo. to join with micro-buy-ins/investments
(those made on CrowdKode.com Campaigns) starting at $0.05 and Exclusive
buy-ins (ie. investments) starting at $1.
The idea, of course, is to use "crowd" power (ie. a lot of LP Members)
to make the risk threshold incredibly low
while giving our LP Collective maximum reach and exposure
to "fund"
as many ideas, startups, founders and ventures as possible - early on.
So, we can guarantee a spot at later rounds - when follow-on investment
occurs.
So, imagine - there are already Facebook, LinkedIn, Instagram, etc.
Entrepreneur, Founder and Startup groups with 1M+ Members - this is
not even taking regular people, ie. supporters of Founders, into account.
THE POWER OF A NICKEL
If 1M LP Members invested a nickel, $0.05 each into 20 ideas, founders
or startups (that’s one whopping dollar, ie. $1) - that would be
$50,000 for each of them.
That’s significant money for a lot of ideas, founders and
startups early on and even at later stages.
A BUILT-IN PROMOTIONAL MACHINE
We buy our way in early. Then use CrowdKode sort of like the "Voice"
or "American Idol" to vet out ideas, founders and startups. And, then
let the data tell us who we should throw nickels
to.
Plus, the whole experiment of voting and self-funding should help a
lot of ideas and founders get a lot of new exposure and essentially
build-in and grow their audiences, supporters and customers. Similar
to how a lot of people who don’t get funding on Shark Tank and
don’t actually win American Idol or the Voice, still go on to
have huge success. It’s because a lot of them acquire a new
and big following. Same thing with all those people who don’t
win the Bachelor.
BACK TO PRICE
Alright, back to price - after this first, onboarding phase of
Founding LP Partners - the price will
jump to $20/mo. - not saying that to play urgency games with you -
this is meant to actually immediately benefit you and start the
growth of the main part of the LP and CrowdKode.com as a sort of
LP Marketplace...
Basically, you can share or invite
others to this LP and keep half of the monthly Management Fee they
pay. Simple.
Collectively, if all the Founding LPs do this - and then public
membership grows as a result - then you all own Equity (ie. RevShares)
in the LP’s Management Fees too - so refer now - and that’s
going to determine the percentage you make off all the people who
join later too.
Simply share your referral code, which gives them 50% off the public
price of $20 - making their price just $10/mo.
- and you keep $5/mo. every month. We’ll
probably introduce some higher tiers later
with differing privileges and exclusivity - because if the base grows
like it could/should then you can’t keep and treat everyone
the exact same - as nice of an idea as that may be.
If you want to know more, keep reading, but for people who know what
LPs are - this should be enough. Someone should’ve started
something like this long time ago.
MORE BACKGROUND
THE ULTIMATE GOAL
To build an exclusive, global Limited Partners
Collective to utilize crowd-power to help millions of regular people
co-invest in some of the top LPs in the US - until they have the
confidence to do it outside of those circles - where CrowdKode.com
will give them the perfect "Marketplace" of sorts to pick (and
invest) from.
Then we could all use CrowdKode as a sort of recruiting grounds -
to catch and help new companies and ideas before they even make
it to the VC circuit.
A PERFECTLY LEGAL APPROACH
And, yes, it’s perfectly legal to do it this way
(on CrowdKode.com) - because...
a) People do it every day in life. Think about it. People partner
up, combine money, split costs, etc. We’ve just created a
platform for it.
b) CrowdKode.com Members don’t directly invest in any Campaign.
They vote them up, which tells the LP Management Division, which
Campaigns to deploy funds to - on behalf of our Public LPs.
c) CrowdKode has a non-securities disclaimer (as part of our general
terms) that asks everyone to agree that they do not expect a
continual financial return for any money given - but rather are
making a more partner-level contribution and plan to further
contribute by helping promote, spread the word or by
bringing whatever they have of value to the table. This is a big
part of what determines a security from not.
That doesn’t mean we, you or those Public LPs shouldn’t
expect
any financial return - it just means it’s not
expected solely as an ongoing result of a member giving money. We
have to all play the long-game - and doing it at a low buy-in should
make it quite easy. If we do get RevShares or some sort of ongoing
profit-sharing - great. We all definitely want to get exits though.
And, the best way to do that is to make sure we are at the table during
follow-on rounds.
We very much expect that this approach could allow us all to be super
aggressive with making investments in AI-related projects, plus other
emerging tech like Voice, Robotics, Health, etc. And, that could lead
to super quick sales, acquisitions, exits, etc.
Just last week an AI Startup was acquired by Wix for $80M with $25M
in bonuses to his 8 employees after him self-funding and building it
for just 6 months.
Our team took a deep look at the tech and it was definitely something
we could’ve found out there and backed ourselves. In fact, there
are lots of other iterations that could be done (like it) to see to
similar companies (to Wix).
Basically, CrowdKode is
like a network or "marketplace" that connects
almost silent business partners with Ideas, Projects, Founders and
Ventures. It’s how to construct the money and equity parts that
constitutes something as a security vs a contribution.
And, just to be double-safe - every Member of CrowdKode.com who
votes up an Idea or Project Campaign and receives Equity is actually
not receiving Equity directly - the LP governs that too. So, the LP
will already have the Equity (surrendered by the Founder/Poster)
prior to them receiving any funds - and the Member who votes is simply
expressing which Campaigns they’d like their LP Partner
Contributions to be put towards.
This is actually the exact same way we will be constructing larger LP
Buy-Ins - where we try to get into bigger LPs. Every Member will have
the option to buy-in or not to each Opportunity/Deal - and the LP
Buys-in - from the Fund. NOT the individual LP Members.
This whole ecosystem and "marketplace" would help both companies and
ideas that never get a chance and millions of LPs get the same types
of advantages VCs and Investors have been enjoying for years.
WHAT ARE LIMITED PARTNERS?
If you don’t know what an LP is, it’s ok. We’ll
teach you. It’s basically a versatile type of legal partnership
called a "Limited Partnership" that you can incorporate as, similar
to an LLC - that basically makes it easy for groups of people to
enter into partnerships together.
It’s a super popular way for people who aren’t major
investors to pool their money together and basically push their
way into exclusive investment opportunities and later rounds
where a lot of big VCs make their best returns.
And, there are a ton of very unqualified people out there
(all over the world) who are just regular people without a lot
of investment experience who simply follow and invest in a lot
of the same investments that the bigger VCs are investing in - and
make great returns.
WE ARE WELL CONNECTED OUTCASTS
TThe Founding Team of CrowdKode has been around almost 30 years
and we know quite a lot of the existing tech and investment
industry. We’ve always operated out of Chicago though and
had very differing thoughts, which made us outcasts early on.
But, there are now a lot of VCs and Investors who have
similar philosophies to us and they’ve been seeing great
returns, so we can focus on trying to join their LPs first.
$1 GOES A LONG WAY WHEN YOU HAVE A LOT OF PEOPLE
If we can pool the money together - we can get us all into a
lot of these LPs. Our goal is to keep buy-ins 100% optional
on a case-by-case basis and for as little as $1 - and of
course you can contribute/invest way more.
This should allow everyone to comfortably experiment, which
will quickly teach you that this isn’t rocket science.
It’s just picking companies or ideas you think could
be successful and make money - that’s what CrowdKode
sort of emulates in a very streamlined way.
THE LP GOAL - GET IN, IN THE EARLY STAGES
The LP goal is to get us into the right LPs, which operate sort
of like investment collectives (or rather, groups of people who
just all know each other, so they’re comfortable with each
other and treat this whole thing more like a social thing). And,
thankfully we know and are friendly with a lot of these people.
We want to be early on - like at pre-seed or
seed rounds - so
we all have a seat at the table even in later rounds. And,
only certain LPs have this focus. Others believe in later round
investments when "big" money is needed because they use it to
buy large positions (of Equity) and think of that as "swinging"
big. But, there is a growing philosophy that having the grit
and experience to identify winners early on is even more valuable
because you can set many of the terms that the big dogs have to
later play by.
This is super important because these days bigger VCs and Investors
(and even Startups themselves)
impose all kinds of rules and limitations where you can’t just
jump in during later rounds when it’s obvious a startup
is on its way to being a big hit. They feel that doesn’t
sufficiently leave enough equity for the investors who initially
got them there.
CROWD-POWER MAKES THIS ALL SUPER LOW-RISK
Don’t worry, this is all super low risk.
You will be able to
say yes or no to every single LP opportunity. And, your Membership
as a CrowdKode LP will get you options that would normally
require way more upfront money.
And, the only thing you will be paying for upfront is $5/mo. to
simply join the main CrowdKode LP, which will give you exclusive
insights and opportunities to combine your money with other LPs
(within CrowdKode LP) to join these larger LPs.
THIS IS THE NORM
We’ve already spoken to a lot of LPs and they are completely
fine with this approach and even invite it.
Tons of "collectives"
are basically already doing this - like groups of friends,
co-workers, families, etc.
The whole VC and investment world is all about groups and collectives
anyway. There’s too much risk going at it all on your own,
so for ages these people have been pooling their money - while
regular people just sit back thinking a few dollars isn’t
enough. Well, it
is when you multiply it by even a fraction
of how many of us there are.
WE CAN SET THE TONE
As stated above, we’re really doing this to set the tone
for the more than
600M global entrepreneurs out there, who are
really just regular people
that make
up 50% of the US and Global Economy, including providing
50% of the jobs - but only control
and own
less than 10% of
the Markets/Stocks.
These are the primary risk takers who’ll know what to do
when they get access to an LP like what we’re about to
grow.
Then, there are another
4B+ regular people,
in addition to that who could be potential LP Users/Members.
So, by joining together now, we are going to create a
much, much larger, global LP - all within CrowdKode -
that gives everyone a chance
at improving their livlihood while
earning awesome rewards in the process.
CROWDKODE = A REVOLUTIONARY LP ENGINE
We’ve built a unique voting engine that can also help us all
collectively make extremely smart investing decisions on which
LPs to join and which Startups to back once we’re in those LPs.
And, being an LP ourselves, if we wisely use the CrowdKode
Idea Engine to help people build their Startups out from very
early on - then
we’ll have a jump on everyone
and be able to guarantee a seat at the table (for later rounds).
Our mission is to turn CrowdKode into an Ecosystem and Engine
that helps people build their businesses and ideas in a variety
of ways - giving them funding, more exposure, more users/customers
and even helping them find synergies and strategic partnerships
with other members.
Think of it as "The Voice" or "American Idol"
for Ideas and Startups.
You know how a lot of the contestants that lose go on to have successful
careers too? It’s because the whole process gave them more
experience and exposure - and helped them grow a built-in audience.
Easy money.
Basically, CrowdKode could add tons of crowd-powered
value at the beginning that would make them more attractive to VCs,
Investors and LPs - so that if they
do get invested in,
CrowdKode LP is so early that our Equity experiences growth multiples
right away.
WRAPPING UP, NO LONG-TERM COMMITTMENT
Anyway, there’s no long-term committment. You can even sell
back your Partner Shares. Just join, let’s do some Zooms
and
let’s get in the game. There are
already a bunch of
people acting like they know what they’re doing and doing
this -
and fumbling while making money.
You can join for $5/mo. and every month
you will get vested Equity in CrowdKode Global LLC
and
in CrowdKode LP every month you stay in - until (and capping out
at your 12th month). It’s basically a massive ownership
bonus for early adopters who help kick this off.