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US 8,285,631 B2Granted
Method and system for structuring the ownership of an investment
OwnerGarrett D. Melbyinventor
Life of this patent
Estimating the term…
Abstract
A method of structuring ownership of an invention including the steps of receiving an investment commitment and a capital contribution from at least one investor, investing the capital contribution in a portfolio company, assigning a set of securities to the at least one investor based upon the capital contribution, the set of securities comprising a plurality of strips, and providing one or more of the plurality of strips to the at least one investor, wherein each of the plurality of strips is defined as a portion of the capital contribution and wherein at least one of the strips is dedicated for donation by the investor to at least one charity.
Claims8
A method of structuring ownership of an invention comprising:
- executing a series of instruction stored on at least one nontransitory computer readable medium, the instructions configured to:
- receive an investment commitment and a capital contribution from at least one investor;
- invest the capital contribution in a portfolio company;
- assign a set of securities to the at least one investor based upon the capital contribution, the set of securities comprising a plurality of strips, wherein the plurality of strips is discrete interests in the portfolio company and comprise at least:
- a first strip entitling a holder of the first strip to a preferred or senior right to a return of invested capital together with a premium representing an agreed upon yield,
- a second strip entitling a holder of the second strip to subordinated or common interest above and beyond those required to satisfy the first strip, and
- a third strip entitling issued to a fund in the portfolio company, thereby providing the fund with special governance rights;
- and
- provide one or more of the plurality of strips to the at least one investor, wherein each of the plurality of strips is defined as a portion of the capital contribution and wherein at least one of the strips is dedicated for donation by the investor to at least one charity.
6 more elements
A system for structuring ownership of an invention, the system comprising:
- a fund management computing device operably connected to an investor device and configured to receive an investment commitment from the investor computing device;
- and
- a special purpose vehicle (SPV) computing device configured to:
- receive a capital contribution at least one investor;
- invest the capital contribution in a portfolio company;
- assign a set of securities to the at least one investor based upon the capital contribution, the set of securities comprising a plurality of strips, wherein the plurality of strips is discrete interests in the portfolio company and comprise at least:
- a first strip entitling a holder of the first strip to a preferred or senior right to a return of invested capital together with a premium representing an agreed upon yield,
- a second strip entitling a holder of the second strip to subordinated or common interest above and beyond those required to satisfy the first strip, and
- a third strip entitling issued to a fund in the portfolio company, thereby providing the fund with special governance rights;
- and
- provide one or more of the plurality of strips to the at least one investor, wherein each of the plurality of strips is defined as a portion of the capital contribution and wherein at least one of the strips is dedicated for donation by the investor to at least one charity.
8 more elements
A method of structuring ownership of an invention comprising:
- executing a series of instruction stored on at least one nontransitory computer readable medium, the instructions configured to:
- receive an investment commitment from at least one investor;
- determine a special purpose vehicle (SPV) based upon the investment commitment;
- receive a capital contribution at the SPV from at least one investor;
- invest the capital contribution in a portfolio company;
- assign a set of securities to the at least one investor based upon the capital contribution, the set of securities comprising a plurality of strips, wherein the plurality of strips is discrete interests in the portfolio company and comprise at least:
- a first strip entitling a holder of the first strip to a preferred or senior right to a return of invested capital together with a premium representing an agreed upon yield,
- a second strip entitling a holder of the second strip to subordinated or common interest above and beyond those required to satisfy the first strip, and
- a third strip entitling issued to a fund in the portfolio company, thereby providing the fund with special governance rights;
- and
- provide one or more of the plurality of strips to the at least one investor, wherein each of the plurality of strips is defined as a portion of the capital contribution and wherein at least one of the strips is dedicated for donation by the investor to at least one charity.
8 more elements
Dependencies are inferred from the claim text.