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A Hackers/Founders Fund

HACK fund is a liquid fund on the blockchain. HACK token is the Ethereum-based token issued to investors. Hackers/Founders (H/F) is an organization that has been investing in ​top startups​ through an expansive global network. H/F’s portfolio of fifty-five technology startup companies has produced seven ​exits in only five years​, including acquisitions by Facebook and Cisco. Hackers/Founders (H/F) created HACK to bring its successful approach to the blockchain, increasing accessibility and liquidity for investors.

Hackers/Founders manages a portfolio of post-product stage tech companies, and provides services in exchange for equity. Equity is combined into funds and offered to investors. H/F’s four funds have yielded seven exits in five years.

Why HACK?

HACK uses blockchain technology to make startup investing available to people around the world and who are at all levels of investing. Those who want to get involved in supporting tech startups can do so without having a high income.

HACK  offers risk diversification. Until this moment, it has been nearly impossible to get exposure to a diversified portfolio of startup equity without having a great deal of wealth.
Most importantly, HACK is liquid, and offers investors the ability to realize gains without having to wait a decade.

HACK Token

HACK is a new Ethereum-based token issued by HACK fund, and can be bought, sold and traded through online exchanges as a liquid transaction.

HACK is based on the ERC2231 protocol. ERC223 solves issues with the ERC20 standard while remaining backwards compatible with ERC20-compliant wallets. HACK is a tradeable digital token that can be used for participation, representation, proof of membership in H/F or any other suitable purpose.

HACK Fund

HACK will benefit from the same processes, community and experience that resulted in seven Hackers/Founders portfolio exits over the past five years. With the use of blockchain technology, HACK will make it more possible for people at every level and in every part of the world to invest in startups. In addition, the liquidity of HACK means investors will be able to reap the rewards of a diversified startup portfolio without having to wait for years.

Token Sale Terms

Token Sale Launches Once Phase 2 Cap is Reached

Token exchange rate 1 USD = 1 HACK

Transactions
Currencies accepted: ​ETH, BTC Minimum transaction amount: purchase of 1 HACK

Minimum Investment US: ​$50K3
Rest of the world: $​1

Hidden Cap

Disclosed when​ ​80% reached

 

Token Presale

Token exchange rate

$1 USD = 1 HACK

Currencies accepted: ​ETH, BTC
Minimum transaction amount: ​purchase of 1 HACK

The Portfolio

Hackers/Founders has 4 existing funds (numbered 1 through 4) which will be tokenized to a certain percentage through HACK. Once HACK starts to make investments into companies using the proceeds of the token sale, equity from those companies will be held in the same legal entity as the fund. All portfolio companies, whether receiving services for equity or investment through HACK, will be serviced by H/F Portfolio Services.

H/F Portfolio Services

Hackers/Founders helps tech startups land in Silicon Valley and scale globally by providing services for equity. Services include:

  •  Globalization
  •  Branding Consultancy
  •  Token Sale Consulting
  •  Connections to Traditional Funding
  •  Marketing Strategy

○ Post-it Party – proprietary workshop for startups

  •  Office Space
  •  Housing & Relocation
  •  Lunches, Special Events + Speakers

 

If you want more information, visit the WEBSITE and read the WHITEPAPER.

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