3XBA’s Post

I’m thrilled to share one of the most exciting updates since our official launch in 2015. We are unveiling the Keymaker Alliance, an innovative new 501(c)(3) that stands to revolutionize the way Backstage Capital operates, supports founders, and shapes the next generation of investors. The Keymaker Alliance allows us to receive non-profit funding from individuals, foundations, corporations, and donor-advised funds. This means we can now use these funds to support high-impact investments and donations, providing immense value not only to Backstage Capital but also to the founders we serve and our community of investors. Specifically, the Keymaker Alliance enables us to: · *Invest in more pioneering startups* that drive social, economic, and environmental change. · *Expand our operations* to support more entrepreneurs and amplify our impact. · *Invest in other funds* with aligned missions, creating a multiplier effect in the ecosystem. · *Provide grants and debt funding* to ventures and initiatives that align with Backstage's values and goals. For our current investors, this initiative has the potential to significantly raise our assets under management (AUM), enabling us to pour more resources into our existing portfolio while seeking out new opportunistic plays. Our recent investments in innovative companies like ChatGPT, BoldHue, and AudioMob are prime examples of the opportunities we can seize because of our nearly decade-long journey and trailblazer status. I'll soon reveal more details about how a large portion of these donated funds will be used to create essentially an "evergreen" funding pool, allowing us to continuously support new ventures and drive sustainable growth, which is something I've wanted Backstage to be able to do for years! This initiative is not only exciting and compelling but also truly disruptive. It positions us to create a lasting, positive impact on the venture capital ecosystem, democratizing access to funding and fostering an environment where diverse and underrepresented founders can thrive. If you would like to contribute to this transformative journey (with a tax-deductible donation), please visit this site: https://lnkd.in/g7yheVvp Grants or distributions accepted from:  Individuals • Corporations • Donor-Advised Funds • Foundations Retirement Accounts • Charitable Trusts Donate any asset with established or appraisable value, such as:  Stocks • Bonds • Real Estate • Collectibles • Art  Cryptocurrency • Privately Held Business Interests Press requests: ARLAN@BackstageCapital.com

Navigating Web3 #Fundraising: Advice for Startup Founders🚀   🔗 Tips from Olga Tyszecka, XFounders Venture Partner, VC expert with 6 years of experience | Ex at J.P. Morgan 5 Key Tips for Web3 Fundraising Success: 1. Target Investors Who Understand #Web3: Engage with #VCs experienced in blockchain and crypto to ensure they grasp your startup's potential. 2. Speak Web3's Language: Use industry-specific metrics. 3. Prepare Legal & Financial Docs: Ensure your legal entity, bank account, and financials are ready before fundraising. 4. Avoid Toxic #Investors: Make your own due diligence – check the feedback from investors, and portfolio founders. 5. Craft a Clear #Market Strategy: Define your target market and demonstrate how your product will capture it.     Learn more tips about investment in startups on YouTube 👉 https://lnkd.in/e-tdwNeh     🎬 Soon we are launching the XFounders Startup Warriors Reality Show! 📺 📭 Subscribe for show updates at XFounders #XFounders #Bootcamp #Web3startup #blockchain #crypto #web3bootcamp

The fintech funding challenge is real. Here's a look at how Finovate alums fared in the first quarter of 2024. More Than $113 Million Raised by Nine Alums in Q1 2024 https://lnkd.in/gNtiE5zu

🌐 Exploring Web3 Fundraising Models with Synaps🌟 Did you know how diverse the landscape of Web3 fundraising is? From utility NFTs in Web2 solutions to protocol tokens in decentralized projects, the ways to raise funds are evolving. At Synaps, although we operate with a Web2 framework, we’re deeply entrenched in the Web3 space, helping projects navigate their fundraising journeys efficiently. 🔄 Which model does your project align with? Dive into the infographic below to see the distinct categories of Web3 fundraising. Are you enhancing your project with utility NFTs or perhaps integrating ecosystem tokens? Maybe your venture is pioneering with protocol-native tokens? 👇 Engage with us in the comments! Share your category or suggest any we might have missed. Let’s explore the dynamic world of Web3 fundraising together! #Web3 #Fundraising #CryptoInnovation #BlockchainTechnology

🚀 Exciting Update in Philanthropy Tech! 🌟 We're thrilled to share a groundbreaking development in the philanthropic sector, as highlighted by Fintech Industry Examiner. Overflow, a trailblazer in charitable giving technology, has successfully secured a $20 million Series B funding round, led by the Wesleyan Investment Foundation. This funding is set to revolutionize the way generosity is expressed in the digital era. 🔗 Read the full story here: https://lnkd.in/ds6Up_SH This strategic investment will empower Overflow to expand its innovative platform, further simplifying and securing charitable giving across a multitude of assets, including stock, cryptocurrency, and more. With its user base rapidly growing, Overflow is on a mission to become the financial operating system for the faith space and beyond, making giving accessible to everyone, everywhere. Special shoutout to Vance Roush, Founder and CEO of Overflow, and Norwood Davis, president at Wesleyan Investment Foundation, Inc, for leading this visionary initiative. Their commitment to transforming the giving landscape is truly inspiring. A huge applause to the teams at Overflow and the Wesleyan Investment Foundation for driving such meaningful change in the world of philanthropy. Stay tuned for more updates on how fintech is shaping the future of giving! #Philanthropy #FintechInnovation #Overflow #WesleyanInvestmentFoundation #DigitalGenerosity #TechForGood

🚀 HOW TO FIND THE BEST AND MOST APPROPRIATE VCS ON THE MARKET 🌐 Step 1️⃣: Examine your project, evaluating all its strengths and weaknesses.  Step 2️⃣: Prepare a meticulously curated list of investors tailored to your niche.  Step 3️⃣: Conduct intermediate calls with both VCs and your team separately to address all requirements. 📞 💰 Profit! We've got 2️⃣0️⃣ contacts in the top 1️⃣0️⃣0️⃣ funds, including top tier 1️⃣ and tier 2️⃣ VCs like NGC, IOSG, Shima, Shorooq, SBI, VU, Polygon, BigBrain, Dragonfly, Spartan, etc. Our track record speaks for itself, assuring you that we'll go above and beyond to ensure your success! #MajinxServices #web3 #fundraising #manual

Very interesting article. Conor Moore insights are spot-on and align with what we are seeing in the market. #AIandBlockchain #CryptoTrends

𝐈𝐬 𝐘𝐨𝐮𝐫 𝐍𝐨𝐧𝐩𝐫𝐨𝐟𝐢𝐭 𝐑𝐞𝐚𝐝𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐏𝐡𝐢𝐥𝐚𝐧𝐭𝐡𝐫𝐨𝐩𝐲? 🌟 Nonprofits, it's time to revolutionize funding for critical projects. The next decade will see a $68 trillion wealth transfer, much of it in modern assets like crypto and stocks. Yet, many nonprofits are missing out on these valuable donation streams. 🚀 At Better Giving, we’re breaking down barriers and opening new possibilities for donors and nonprofits alike. Our platform simplifies donating crypto, stocks, and DAF contributions, alongside traditional methods. Our Restore Earth campaign raised $1.5 million in crypto donations, funding global environmental projects. 🌍 💰 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐏𝐡𝐢𝐥𝐚𝐧𝐭𝐡𝐫𝐨𝐩𝐢𝐜 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥: 𝐂𝐫𝐲𝐩𝐭𝐨 𝐃𝐨𝐧𝐚𝐭𝐢𝐨𝐧𝐬: The average crypto donation is over $10,000, allowing donors to avoid capital gains taxes while receiving a valuable tax deduction. 𝐃𝐀𝐅𝐬: In 2020, grants from DAFs topped $34 billion, offering a huge pool of potential funding. 𝐒𝐭𝐨𝐜𝐤 𝐃𝐨𝐧𝐚𝐭𝐢𝐨𝐧𝐬: Donating appreciated stocks bypasses capital gains taxes, providing significant tax benefits. Our platform ensures secure, compliant transfers through advanced swap pipelines and partnerships with trusted brokerages like Fidelity and Schwab. Plus, we charge zero platform fees – every penny goes to the cause. 📣 𝐇𝐞𝐚𝐫 𝐟𝐫𝐨𝐦 𝐎𝐮𝐫 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬: 𝐂𝐚𝐫𝐥𝐨 𝐂𝐢𝐧𝐢, 𝐀𝐦𝐚𝐥𝐟𝐢 𝐈𝐦𝐩𝐫𝐞𝐬𝐚 𝐒𝐨𝐜𝐢𝐚𝐥𝐞: "We met real people with real goals and great ideas." Sarah Hornby, YGAP: "Philanthropy needs innovative approaches. Better Giving is part of that journey." 🔗 Join the Movement: Transform your fundraising with Better Giving. The future of philanthropy is here. Visit our blog to learn more. https://better.giving/ Read More: https://lnkd.in/gVWM7Q2R

Proton Seeks To Secure Its Privacy-Focused Future With a Nonprofit Model: Proton, the secure-minded email and productivity suite, is becoming a nonprofit foundation, but it doesn't want you to think about it in the way you think about other notable privacy and web foundations. From a report: "We believe that if we want to bring about large-scale change, Proton can't be billionaire-subsidized (like Signal), Google-subsidized (like Mozilla), government-subsidized (like Tor), donation-subsidized (like Wikipedia), or even speculation-subsidized (like the plethora of crypto "foundations")," Proton CEO Andy Yen wrote in a blog post announcing the transition. "Instead, Proton must have a profitable and healthy business at its core." The announcement comes exactly 10 years to the day after a crowdfunding campaign saw 10,000 people give more than $500,000 to launch Proton Mail. To make it happen, Yen, along with co-founder Jason Stockman and first employee Dingchao Lu, endowed the Proton Foundation with some of their shares. The Proton Foundation is now the primary shareholder of the business Proton, which Yen states will "make irrevocable our wish that Proton remains in perpetuity an organization that places people ahead of profits." Among other members of the Foundation's board is Sir Tim Berners-Lee, inventor of HTML, HTTP, and almost everything else about the web. Of particular importance is where Proton and the Proton Foundation are located: Switzerland. As Yen noted, Swiss foundations do not have shareholders and are instead obligated to act "in accordance with the purpose for which they were established." While the for-profit entity Proton AG can still do things like offer stock options to recruits and even raise its own capital on private markets, the Foundation serves as a backstop against moving too far from Proton's founding mission, Yen wrote. Read more of this story at Slashdot.

Proton Seeks To Secure Its Privacy-Focused Future With a Nonprofit Model: Proton, the secure-minded email and productivity suite, is becoming a nonprofit foundation, but it doesn't want you to think about it in the way you think about other notable privacy and web foundations. From a report: "We believe that if we want to bring about large-scale change, Proton can't be billionaire-subsidized (like Signal), Google-subsidized (like Mozilla), government-subsidized (like Tor), donation-subsidized (like Wikipedia), or even speculation-subsidized (like the plethora of crypto "foundations")," Proton CEO Andy Yen wrote in a blog post announcing the transition. "Instead, Proton must have a profitable and healthy business at its core." The announcement comes exactly 10 years to the day after a crowdfunding campaign saw 10,000 people give more than $500,000 to launch Proton Mail. To make it happen, Yen, along with co-founder Jason Stockman and first employee Dingchao Lu, endowed the Proton Foundation with some of their shares. The Proton Foundation is now the primary shareholder of the business Proton, which Yen states will "make irrevocable our wish that Proton remains in perpetuity an organization that places people ahead of profits." Among other members of the Foundation's board is Sir Tim Berners-Lee, inventor of HTML, HTTP, and almost everything else about the web. Of particular importance is where Proton and the Proton Foundation are located: Switzerland. As Yen noted, Swiss foundations do not have shareholders and are instead obligated to act "in accordance with the purpose for which they were established." While the for-profit entity Proton AG can still do things like offer stock options to recruits and even raise its own capital on private markets, the Foundation serves as a backstop against moving too far from Proton's founding mission, Yen wrote. Read more of this story at Slashdot.