Green
Investment
Bank
Initiative
Supporting Entrepreneurship to Enable the Green Change.
Eimantas Matulaitis
24 April, 2021
“The path forward needs to be rethought using new knowledge, in the light of public scrutiny”
Entrepreneurs who start from scratch rarely have a solid backup plan. Do you remember yourself believing in the idea and going all in? It is this passion that changes the World. The dark side of entrepreneurship is that when everything fails, you can end up on the street.
What does it do from the risk taking point of view? It inhibits entrepreneur’s willingness to take certain types of risks, most particularly those associated with green investments — they are long term and require incredible amounts of patience. It is clear that the path forward needs to be rethought using new knowledge, in the light of public scrutiny.
What is our answer to this? Startup Equity Green Swaps. In exchange for a share of your company you will buy into a fund of startup equity which will ensure that should everything go down, you will have a small cushion to fall back on and start again.
“Taking the leap into the relatively unknown and unfamiliar territory”
People often tend to realize the dangers only after the fact. There’s even a saying: “If I knew where I will fall, I would have put a cushion to soften my landing”.
What needs to happen is not one but many different funds need to be created based on different affiliations: industry, startup stage, geography, etc. Competition will help to strengthen the concept.
Is it totally new what we are talking about? I am sure not. But a wave of new entrepreneurs might not be familiar with the concept and are not introduced to it until they have gone through ice and fire.
Why do we need it now? The World is facing some dire challenges: wealth inequality, social disconnection, corrupted business ethics, environmental crisis and climate change. Solving these challenges constitutes our Green Agenda. We need the best and brightest minds to be able to afford risking their time and money taking the leap into the relatively unknown and unfamiliar territory.
We believe that forest clear-cutting is a real environmental threat and destroys eco-systems.
“Think entrepreneur insurance”
Whom is this initiative for? New company founders with a lot of equity and little liquidity or already established company founders interested to inject a bit of shares into a diversified pool of startup equity to support the cause. Think entrepreneur insurance.
Sign up below. We will get in touch with you on the proposal of the deal.
FAQ
— Who will value our startups and how will they be valued?
— Startups will be valued by professional fund managers and investors. The fund board, elected by the fund owners, will devise a list of criteria that all startups must meet. You will have an option to opt out, if you will disagree with the addition of startup shares and the strategy of the fund.