Investments through IPOGO are structured through fund vehicles. IPOGO has engaged a fund administrator, who has been contracted and paid to administer IPOGO funds, including providing K-1s and making distributions to investors for the life of a given fund. In the event that IPOGO were to become insolvent, we would engage a back-up manager to [...]
There will be a share price at the time of a liquidity event (either through acquisition or IPO). Should you seek to exit your investment early (before a liquidity event) we cannot guarantee that there will be new information to corroborate a new share price such as a new funding round. For this reason, we [...]
A company you invest in may very well raise additional financing rounds. While your percentage ownership would decrease (as a result of having more shares in the market), the value of your holdings may still increase if the company is raising at an increased valuation, but this is not guaranteed.
The proceeds received by the shareholder (stock and/or cash) would be transferred to the LLC, after which IPOGO (the Managing Member) would distribute these proceeds to the investor.
Can I sell before the company goes public? What are the methods if I want to exit or cash out my investment?
While we view your membership interest as a long-term commitment, in most instances, your LLC ownership is transferable after a twelve month holding period if you own at least 2% of the fund with the permission of the manager. If you meet the requirements to be transferable, you can explore an exit using our Express [...]
We cannot guarantee an exit nor a timeline for any of our offerings. However, the majority of investment opportunities on our platform are companies who have received institutional financing from late-stage or growth funds, who have a typical investment horizon of 2-5 years. Given the relative illiquidity of investments available via the IPOGO platform, they [...]
When a company goes public, there are some procedural steps and legal requirements that must be followed. Generally, we will seek to unwind the IPOGO fund or series into which you invested and transfer a number of shares, equivalent to your pro-rata ownership in the fund or series, to a brokerage account you designate. The [...]
If a company IPOs, we can transfer the shares to your brokerage account for you to hold or sell at your preference. Not all companies will IPO or be acquired. You should be prepared to hold your investment for an indefinite period.
Yes. Our third party Fund Administrator will issue K-1s annually. IPOGO will also update you on any material impact to your investment (company news, new funding rounds, secondary transactions or indicators to new valuation).
Your investment in an IPOGO fund would be taxed like any other fund investment. Our LLC funds are taxed as partnerships, meaning that the fund’s gains and losses would pass through to its investors. Generally, if an investment is held for more than one year before its disposition, any income resulting from that investment would [...]