Loading...
Loading...
Aption allows startup founders and executives with highly concentrated illiquid equity positions to manage risk through swapping equity exposure with peers. We created the Aption, a unique financial instrument which allows equity holders to pool their positions and share the risks and rewards. By exchanging part of their startup equity for diversified stakes in other venture backed companies, users can effectively manage risk and reward. Aption addresses the common challenge of equity concentration, enabling individuals to diversify their holdings without sacrificing future upside.
Established in 2022, Aption has an executive team with over 60 years combined experience across VC, Finance and Operations in the startup world with access to a unique founder and VC network. Our global business has already completed more than 100 deals across 10 active pools with over $20M in equity value under management.
We are offering exclusive pools for Recursive portfolio companies. There are two tracks available. The first track is a pool that is only open to those companies that have received investment from the fund in the last 12 months. The second track is open indefinitely and contains a number of pools, each which contain companies of a similar stage and traction.
We transact using a variable swap forward contract that has been built with top law firms and accountants. The structure is designed to defer tax until liquidity events and enables a swap of economics in selected startups. Valuations are generally based on last round prices.
By pooling a small part of your equity with a select pool of other founders in the Recursive family you are both investing in each other and significantly reduce your risk, thereby improving your chances of seeing liquidity from your equity.
