model comparison
TRADITIONAL VC MODEL
lockups
7 — 10 year lockups
fees
Management & carry fees
structure
Pooled fund structure
021 vap model
lockups
Annual commitments
fees
No fees
structure
Participants deal directly with ventures
TICKETS GIVE YOU access to:
Spinouts & co-builds produced by 021
021’s acquisitions
Allocations given exclusively to 021
+ First right of refusal, >25% discount, preferred vesting terms
Allocate over 18 months
Choose which ventures to allocate tickets to, with reports from 021's team co-operating venture.
Direct Vests
Token contracts and vests are directly between each startup and ticket holder, no fees and no wait time like traditional VCs.
Reallocate Faster
Participate in future cohorts with gains from previous ones as you get vested out.
