Hackfund is a highly liquid investment platform created by
Hackers/Founders. Conventionally, investing in equity is not a venture that is
quite liquid. Investors get to wait several years, sometimes up to a decade,
before knowing their fortune. Also investing in a variety of companies has been
an exclusive reserve of the wealthy. Low income earners don't get to enjoy
diversified risk due to lack of means. Hackers/Founders has been delivering
solutions to these investment bottlenecks over the past one decade through
their unique business model.
Hackers/Founders launched it's first tech entrepreneur group in
Silicon Valley over a decade ago. Since then its community has grown to over
300000 people in 128 cities spread across 47 countries of the world. It has a
track record of success as it has witnessed seven exits out of fifty-five technology
startup companies that make up its portfolio in only five years. Also hackers
proprietary program has yielded growth of 30% year over year for the past five
years.
Hack
Fund is Hackers/Founders project which aims at bringing its successful business
model to the decentralized market using the blockchain technology. This will
make investment in technology startup companies available to people around the
world and who are at all levels of investing thereby creating an avenue for
those who does not have a high income to engage in supporting startup
technological companies.
Hack
Fund will benefit from the same process, community and experience that resulted
in seven Hackers/Founder's portfolio exit over the past five years. Hack Fund
will leverage on Hackers/Founders network to access high quality startup
companies for its portfolios offering investors risk diversification. Companies
in diverse sectors such as web, mobile, fintech, cleantech, healthcare,
blockchain and hardware are welcome to apply to be part of Hackers/Founders
program for startups
One
should readily know that objectivity should be a core value of a company with
such a wonder history of outstanding success. To get startups with grit, talent
and performance, Hackers/Founders has made application to its startup program
as blind as it could make it. Startups applying for Hackers/Founders startup
Program would not be asked to supply some personal information that can
introduce bias into the selection process such as their race, sex, age and more.
Every startup will be evaluated on its own merits.
Entrepreneurs
and experts from H/F’s extensive network
are grouped into diverse review boards.
Reviewers score individual applications submitted
by startups, and also provide written
comments on the company’s pitch, product
and more. Startups that do well move
onto the next phase. Those that do
not will still obtain meaningful feedback
in the form of compiled scores and
comments, which can help them to
refine their vision and reapply.
Interviews are conducted through in person meeting or video conference. Afterward,investors share their scores with Hackers/Founders. Founders can speak with investors before officially joining the H/F program. It is an opportunity for applicants to gain invaluable advice on markets, fundraising and usability.
Interviews are conducted through in person meeting or video conference. Afterward,investors share their scores with Hackers/Founders. Founders can speak with investors before officially joining the H/F program. It is an opportunity for applicants to gain invaluable advice on markets, fundraising and usability.
Hack
Fund is organizing a token sale. The symbol of the Hack token is HACK. 1 HACK
would be sold for US$1. The accepted currencies are ETH and BTC. The minimum
purchase is 1HACK. Pre-sale starts Wednesday 15 November
2017 at 12:00AM PST and will continue till the pre sale hard
cap is reached. The pre sale will have two phases. The ICO will commence after
the second phase cap has been achieved.
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