Founders own 54.8% at Seed. 10.4% by Series D.
And 99% never receive personal liquidity from what they do hold. A decade or more paper rich, cash poor.
So we built the alternative.
Aclarys: Fund of Founders. Tokenised credit against unrealised founder equity.
→ https://t.co/7ooziRrw3s
h/t @a16z@PeterJ_Walker
The median 2021 venture fund has returned 0.00x DPI at year five.
Even the top decile? 0.13x.
2022, 2023, 2024 vintages? 0.00x across almost every percentile.
The J-curve has flatlined.
AI and tokenisation are changing that.
Introducing Aclarys – liquidity infrastructure for private capital markets.
We convert unrealised carry into real liquidity. No change in ownership. Near-immediate DPI.
Don't get carried away. Get carried forward.
→ https://t.co/EFzO1wHPRj