Review on Alumni Ventures Group by Douglas Cachazo
Alumni Ventures Group: Venture capital for promising ventures that have not yet received funding.
Today as I write this review is a very special day for the world of cryptocurrencies, and it is a public fact that Coinbase, the giant Exchange of the United States will be listed on the Nasdaq stock exchange, that is something transcendental for the world of Blocchain, not only that JP Morgan announces that it is already testing financial applications based on smart contracts, Just as I predicted the big banks will succumb to the blockchain,
their services will be safer and faster, and not only that and I have read it is a fact that world renowned personalities surrender to smart contracts and that says it all.
The above preamble is just an introduction to the importance that from today onwards will be gained by companies financing innovative ventures in technologies based on blockchain and this company Alumni Venture is one of them, in my opinion the most benefited will be those with global coverage.
What caught my attention of this funding company is that it operates under the modality of syndicates, not exactly the idea of labor unions, they are syndicates with other rules of companies interested in investing their risk funds in promising entrepreneurial companies, each one offers its funding and will receive its reimbursement to the extent of the amount invested, that is fair, and that is the concept that I liked.
They seek a diversified and not very complex portfolio, they accept global investors, that is to say, from anywhere, that is their goal,
Pros
- Good support to entrepreneurs worldwide,
- Accepts investors from anywhere
- Adopts a novel scheme of syndicating contributions between companies.
- Accepts a good universe of ventures
Cons
- Nothing to comment
