WHAT IS HACK VC?
HACK VC can be a liquid business fund in blockchain. HACK is a Ethereal based token issued to HACK VC investors. Hacker / Founder (H / F) is a company that has invested in prime startups through an expansive international network. The cardinal’s technology portfolio of H / F has made seven solutions in just 5 years, along with acquisitions by Facebook and Cisco.
The Story of Hackers/Founders
It was the Spring of 2008, in San Jose, California. Laura Nelson had heard quite enough of her aspiring entrepreneur husband Jonathan's nonstop startup-talk: “I love you, Honey, but you need to get out of the house! Go meet and talk to other like-minded folks about this stuff.” Shortly after, the first “Hackers & Founders” meetup was held at St. John’s Bar & Grill in Sunnyvale. Five people, including Jonathan, attended. And the rest was history.
Well, not quite.
Within three years, Hackers/Founders (as it's now stylized) had grown to become a network of meetups for startup communities all around the world. Hackers/Founders chapters can now be found in 132 cities in 48 countries. In addition to meetups, Hackers/Founders also hosts educational classes, tech talks, and other awesome events.
Following a suggestion by Naval Ravikant of AngelList, the Hackers/Founders Co-op accelerator was launched in 2011 to provide concierge services to early-stage startups under a unique – and in our eyes, superior – business model.
HOW TO WORK HACK VC?
HACK VC uses blockchain technology to form startup investments offered to people everywhere and WHO area units at any investment level. Those who want tokeep supporting startup schools will participate despite not getting high financial returns. The price of one HACK token is $ 1 USD, and through token sales, this minimum gain goes into the fund. In addition, investors will benefit from the initialWHO area unit currently abandoned because they are in a very difficult world to succeed resultinglaws, markets, and different factors. In accordance with the localized blockchain technology, the capital that will be left on the table today willalways increase the value for investors.
Solution Offered
HACKER/FOUNDERS have proposed an innovative solution to the chronic problem faced by the investors. It is a company which has years of experience in the investment. Currently, they have more than 50 companies in their portfolio. The HACK platform aims to bring liquidity to the market. It allows people to buy tokens of HACKER/FOUNDERS, and trade on the exchange for liquidity. The HACK token is the central key for all the transaction on the platform.
The token is based on the ethereum Blockchain. It is an ERC-223 standard which is updated version of the ERC-20. A fund will be created named HACK where anyone can invest in multitudes of sectors. The selection of industry for investment is decided by the Global community of HACK. The open nature of the platform allows users, founders and investors to exchange and share their solutions easily on the HACK ecosystem.
What is Hackers/Founders For Investors?
Liquidity
Hackers/Founders Fund provides investors with liquidity. Investors can buy, sell, and trade HACK through online exchanges at any time.
Expansive Availability
HACK: Hackers/Founders Fund is for investors at every level - from the general public (non-US citizens only) to VCs.
Access to the Best Startups
Invest in the best startups worldwide without the challenges that can come with reaching them.
Diversified
Invest like a Limited Partner. HACK: Hackers/Founders Fund offers diversified exposure to technology startups.
Returns
All portfolio exits are funnelled back into HACK: Hackers/Founders Fund, increasing its value for investors.
Benefits to Investors
Institutional
Increased liquidity and exposure to blockchain.
Crypto
Diversification into top global, high-growth tech startups through cryptocurrency.
Accredited
Alternative to non-liquid crowdfunding, or high-risk angel investments.
Fund Overview
- Targeted number of investments: 30 for every $10M raised.
- Typical initial investment by HACK: H/F Fund: $100k-$250k Seed, $500k-$2M Series A.
- Investing in both pre Token Sale startups as well as startups growing towards traditional exits.
Hackers/Founders Summary
- HACK VC is liquid. HACK tokens can be traded freely via online exchanges.
- Companies are selected for investment only after several rounds of reviews by boards of experts and acceptance to portfolio program.
- 100% of returns from portfolio exits will be reinvested into existing or recently accepted H/F portfolio companies.
- Up to 20% of the fund raised will also be used to liquidate our existing funds which are comprised of the best companies in our portfolio.
- In addition, the team will be contributing $1 Million of stock from existing H/F Funds 1-4.
Benefits to investors
Hacker / Founder (H / F) creates HACK VC to bring an easy approach to blockchain, increasing accessibility and liquidity for investors. The averagebeginner investor will only understand the profits after the corporation is bought or go public. Liquidity events, such as acquisitions or IPOs, are rare in Silicon Valley, and even elsewhere are lacking. As a result, investors rarely benefit, and had to wait about a decade to find out if they m endapatkan call an honest investment.However, HACK VC is reliable. Investors in HACK VC must buy, sell and trade tokens as long as a fund is worthy of a H / F good-performing startup device. HACK tokens act like digital stock certificates.
Hacker / Founder manages the portfolio of post-product stage mentors , and provides services in return for equity. Equity is combined into funds and offered to investors. Four H / F funds have resulted in seven convenience doorsin 5 years. H / F launched a group of early school enterprisers in Silicon Valley, and over the past decade, the community has grown to more than 3,000,000 people in 128 cities and forty-seven countries. This special network is critical for ongoing H / F access to high-quality startups for the portfolio. The preferred method developed by the public interprets high-quality software in the H / F program, and these portfolio companies tend to go beyond similar companies in various funds or accelerators.Unlike others, H / F separately tailors its program to meet the wishes of each startup. As a result, the H / F portfolio has seven conveniences from the cardinal company in four funds.
Hackers/Founders Token Sale Details
Hackers/Founders Token Distribution
- 75% Sold during the Token Sale.* Includes 5% Sold for Operations & Advisors.
- 20% Hackers/Founders Long term reserves.
- 3% Portfolio Founders.
- 2% Community Development
Hackers/Founders Team
Hackers/Founders Advisors
For more information please visit the Official Website: https://hack.hf.cx/
Whitepaper : https://thehackfund.docsend.com/view/x6nmm5y
Facebook : https://www.facebook.com/thehackfund
Twitter : https://twitter.com/thehackfund
Telegram: https://t.me/hackvc
Whitepaper : https://thehackfund.docsend.com/view/x6nmm5y
Facebook : https://www.facebook.com/thehackfund
Twitter : https://twitter.com/thehackfund
Telegram: https://t.me/hackvc
ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583
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