Feb 28, 2018
The InvertUP Fund aggregates the best startups from our Latin American Accelerators Network.
Our core mission is to democratize venture investments and reshape the traditional Venture Capital industry for startups and investors.
In order transfer the value fromt he fund to investors, we’ve developed a simple bonus distribution mechanism as well as a token buyback process.
Here’s how it works:
If a startup in the portfolio generates outstanding profits, then Mango Startups consents to distribute this “bonus” to all token holders through a prorated coin airdrop. This will immediately transfer value to all investors.
Moreover, if a startup in the portfolio experiences a liquidity event (i.e an exit or an M&A), then Mango Startups will spend the net profit to purchase out Mango tokens from investors through secondary exchanges, in a token buyback process.
InvertUP Fund is formed
InvertUP to lead the LATAM Accelerators Network (R
Batch 1 Selected
InvertUP enlisted in National Stock Exchange
First Exit - M&A Kiboo/ADC Mobile - $6M
Alliance with Fintech Accelerator Aldesa
Batch 2 Selected
ICO - Crowdfunding Starts
March 2018 - ICO - Crowdfunding Starts
After the ICO
Attention. There is a risk that unverified members are not actually members of the team
It’s the first ICO which is backed by a VC Fund in Latin America. The fund will make use of blockchain for early stage investments in promising tech companies, The fund will invest in a diversified portfolio of up to 24 tech startups in Latin America region. This will be done to offer liquidity, transparency and clear exit strategy for the investors. The tokens will be sold to the interested investors through secondary exchanges where these will be made available to the investors after ICO. The platform developers have set a goal of $3M to raise through the ICO. Mango StartUp has the option to purchase up to 35% membership interest in the InvertUP. Fund batch 2 portfolio of $ 1M. Remaining funds will be used to increase the size of the portfolio to 24 companies.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.