Bitcoin Capital Thoughts? (From Max Keiser and Simon Dixon)

[throughnothing]

Hey Guys,

I just came across something this week that I hadn't seen before, and was wondering if anyone had any experience, or thought, with doing these in the past.

https://www.bnktothefuture.com/pitches/ ... tcoin.html

It seems like this is the third one they've done. According to them, it sounds like the first 2 have been successful, so far. I realize that these are intended to be high-risk investments, but I just wanted to start a discussion and see what other people think about this.

The last tranche seems to have invested in the likes of BitReserve (now Uphold), and ShapeShift, both of which I am a fan of. They also seem to invest in bitcoin mining operations to pay a 'daily dividend' to investors with 1/3 of the invested money.

It seems like Max and Simon get to own 50% of the fund without putting up any funds themselves (of course, they spend their time managing and investing the funds), which seems a little lopsided. I suppose the theory is that if they do well, and "venture capital" type asymmetrical returns are achieved, that you'll still see good returns.

Here's some more on the site, and a video from Simon Dixon: https://www.bnktothefuture.com/about

Anyone else have thoughts on these?