Awake Venture Protocol
Make Things That Make Things People Want.
Vision
Awake Venture Protocol empowers venture developers globally to participate in value co-creation with the ventures they help facilitate.
Problem
Human capital is primary in any business, and being ultra-connected is a great advantage. Venture Developers are advisors, scouts, fractional-professionals working in the startup universe, often found helping “their” collection of startups. These folks are often cut out of the value they help create, particularly in the early stages of companies.
Moreover, there is no easy way for anyone to co-create value with early stage startups, particularly when cash and all resources are at a premium.
Solution
Awake Venture Protocol enables connectors and venture developers to participate in the value they co-create with early stage companies through stock, NFTs, and crypto.
Indeed, Awake Venture Protocol is a way for experienced entrepreneurs and investors to co-create new companies by bringing together the right people with the right business ideas.
Product
Awake Venture Protocol co-creates new companies and accelerates young companies in a few configurations with a template that looks like:
| NewCo Inc | |||
| Who | Role | Shares | |
| Venture Platform | via Venture Protocol | 3,000,000 | 30.00% |
| Founders & Co | Reserved | 6,000,000 | 60.00% |
| ESOP | Reserved | 1,000,000 | 10.00% |
| Totals | 10,000,000 | 100.00% | |
Awake Venture Partners
An Awake Venture Partner brings in a deal which may translate into an AwakeVC company. 20% of equity from the deal is allocated to the Awake Venture Partner who brings in the deal.
For instance, if the AwakeVC deal is structured with 30% equity in the company being accelerated, then the primary partner bringing it in retains 20% of the equity, which is 6% in this case, with 24% retained by AwakeVC.
Allocation is done via Awake Venture Partner Stock Ownership Plan with standard vesting.
Awake Ventures Portfolio
Awake Venture Partners can have any number of companies in their portfolio. It is not about limitation of time or resources, but about the abundance of Awakened Value Co-creation.
Awake Network Acquisition Corporations
AwakeVC deals convert companies into dual-mandate NACs, receiving acceleration both on their Main Street [Commerce Facilitator] side of the business, as well as on the Wall Street [Capital Facilitator] to drive an M&A strategy.
AwakeVC compresses successful exits from a typical timeline of 7-8 years to 24-36 months.
Awake Venture Partners
Apply to become an Awake Venture Partner, email [email protected].
