Description
Bitcoin startup financing already had layers: the unit holder, the fund, the management company, and the startups. Seedcoin’s December 2013 prospectus explains how its proposed arrangement was supposed to work. For anyone studying the early Bitcoin investment industry, this is a useful look at the machinery behind the pitch.
This purchase reveals the PDF’s location in the public Internet Archive. You receive document.txt with the archive link and a short identification note.
Source edition: Document updated December 6, 2013; stated IPO date December 12, 2013; 7 pages. Ticker: SFI.
A proposed 2,000 BTC startup fund
The prospectus proposed an initial offering of 2,000,000 units at ฿0.0010 per unit, targeting a total raise of 2,000 BTC. Of that amount, 1,780 BTC—89%—was intended for startup investments, while 220 BTC—11%—was allocated to management services. These are the offering’s stated plans, not verified fundraising results.
What did the unit holder actually own?
The document describes Seedco Holdings Limited as the issuer and Seedco Management Limited as the manager. The fund would hold startup interests on behalf of SFI unit holders, with investments made through equity stakes and/or collateralized debt. That distinction matters: buying a fund unit was not the same as directly owning or controlling every startup in the portfolio.
Management, distributions and control
The prospectus describes the manager’s reporting responsibilities, Bitcoin-denominated distributions from startups with dividend plans, later offerings, and possible buyback or termination arrangements. It also states that the listed units carried no voting rights in the related managing entities or portfolio startups. Readers can examine how economic exposure, management discretion, and investor authority were separated.
A primary source from early Bitcoin venture history
This seven-page document preserves the terms of an early Bitcoin-denominated startup investment proposal. It is useful to researchers, collectors, and readers interested in how Bitcoin capital formation was being organized in 2013. It should be read as a contemporary offering document, not as proof that the fund achieved its objectives or that its investments were successful.
The prospectus also refers to separate supporting materials, including an “SFI Startups” annex and a Seedcoin presentation. Those documents are not included in this product.
What you receive
One plain-text file named document.txt containing the direct archive URL, the document title, and a short identification note. You are paying for finding and identifying the source. The source PDF is not included in the purchased download.
This product does not include fund units, a portfolio valuation, performance verification, investment advice, or a current investment opportunity. Internet Archive hosts the file independently; archive availability can change.
