Unbounded Capital Fund Offerings
These investment vehicles are only available to accredited investors. For full legal disclaimers scroll to the bottom of the page.
Thesis
Unbounded Capital invests globally in technical founders building seed stage infrastructure companies utilizing micropayments to serve the billions of people on the internet.
Unbounded Capital Fund II
Focused on the scalable blockchain ecosystem, this infrastructure fund targets pre-seed/seed equity
Capitalizing on asymmetric opportunity by identifying and deploying early checks in projects that provide infrastructure for data, payments, and more
A traditional ten year closed-end venture capital fund structure
Target Portfolio: 15 - 20 Companies.
Target First Check Size: $250k-$1M
Target Valuation: $5-15M
Primarily leading and writing first checks at Pre-Seed and Seed Stage, with a few high conviction investments at the Series A.
Target Fund Size: $50M ($70M Cap)
Final Close: June 2nd, 2023
No capital reserved for follow ons. Intention to preemptively offer bridge rounds 6-12 months after initial investment for the fastest growing companies.
3 year investment period, GP discretion for one year extension
Minimum Investment Size: $250k for individuals, $1M for institutions
GP Commit: at minimum 1%
2% management fee (3% first three years, 2% middle four, 1% last three)
0-1x: no carry
1-3x return: 20% carry with a soft hurdle rate of 7% so we don’t make carry until delivering a 2x net return
3-10x: 30% carry (just on above 3x, everything below is at 20% carry)
10x+: 40% carry (just on above 10x, everything below is at 20% or 30% carry)European Waterfall - Unbounded takes $0 in carry until investors have all of their capital returned
Opportunity Fund (Fund I)
*Note: This fund is now closed to new investors
The first venture/hedge fund investing in the Bitcoin (BSV) ecosystem.
We are contrarian thinkers and have a unique insight on blockchain technology, that we believe gives us both a headstart and a competitive advantage over other blockchain and crypto investors.
As the only firm with a hedged strategy in the world focusing on BSV and the businesses leveraging it, Unbounded Capital is uniquely positioned to capitalize on the mispricing and volatility with bespoke, leveraged derivative exposure.
Since focusing on the BSV ecosystem the Opportunity Fund has returned 2,216.03%*
Our fee structure is 2/20 and there is a three year lock up on capital with quarterly liquidity
Click here to learn more about some of our existing portfolio companies
#2 Performing Crypto Fund in Q2 2020, Q2 2021, and Q3 2021 according to Crypto Fund Research
Since our focus on scalable blockchains, the Opportunity Fund’s performance net of fees has been 2,216.03%* starting in April 2019* ending on 1/1/2023.
*Returns generated by fund administrators; audited by Richey May in 2018. The Opportunity Fund was initially launched on 8/1/18 and until 4/1/19 was managed in a strategy that broadly invested in blockchain. In April 2019, the fund's investment strategy shifted significantly to focus solely on companies operating within the Bitcoin SV ecosystem, with long BSV exposure. Because of the dramatic change in the fund's investment strategy, the performance above is shown for the period beginning 4/1/19 ending on 1/1/2023. The General Partner does not believe the fund's performance prior to April 1, 2019 is relevant in light of the material differences in the strategy used. Since the fund’s first external investor subscription to the fund on October 1st, 2018, that investor’s performance net of fees is 483.55%. Past performance is not indicative of future results.
Legal Disclaimers
General:
By accessing the Unbounded Capital, LLC (“UC”) website (the “Site”), you expressly acknowledge and agree to the following disclaimer and disclosures. The materials on the Site have been prepared for informational purposes only and do not constitute financial, legal, tax or any other advice. All information contained herein is provided “as is” and UC expressly disclaims any express or implied warranties with respect to such the information, including any warranty of merchantability or fitness for any purpose. Prior to making any investment or hiring any investment manager you should consult with a professional financial advisor, legal and tax advisor and consider the risks associated with investing. In no event shall UC, or any its affiliates, partners or employees be responsible or liable for the completeness or accuracy of any information on the Site or for any damage or lost opportunities resulting from use of information on the Site.
Nothing on the Site shall constitute an offer to sell or the solicitation of an offer to buy any securities. Securities of any pooled vehicles sponsored and/or managed by UC or its affiliates (the “Funds”) are offered only by means of a complete offering memorandum and related subscription materials which contain information about the terms and risks of an investment in the Funds (such documents, the “Offering Documents”). Any decision to invest in a Fund must be based solely upon the information set forth in the Offering Documents, regardless of any information investors may have been otherwise furnished, including any information on the Site.
Securities of the Funds are not registered with any regulatory authority, are offered pursuant to exemptions from such registration, and are subject to significant restrictions.
The information on the Site has been prepared by UC in good faith. Some of the information has been provided by or is derived from from third parties or other public sources UC believes to be reliable. UC makes no representation as to the accuracy or completeness of such information. Opinions, estimates and projections on the Site reflect the views UC at the time such opinions, estimates and projections were made, and are subject to change without notice. Any projections, forecasts and estimates contained on the Site are necessarily speculative in nature and are based upon certain assumptions. It can be expected that some or all of such assumptions will not materialize and/or that actual events may vary significantly from actual results, which could significantly impact the ultimate outcomes or results. Accordingly, any projections are only estimates and actual results will differ and may vary substantially from the projections or estimates shown. The information on the Site is not intended and should not be viewed as recommendations to purchase or sell any commodity or security. UC has no obligation to update, modify or amend the Site or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, project on, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.
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Investment Risk:
An investment in any strategy, including the strategies described herein, involves a high degree of risk. There is no guarantee that any investment objective will be achieved. Past performance of any investment strategy is not necessarily indicative of future results. There is the possibility of loss and all investment involves risk including the loss of principal. The approach and the targeted characteristics of the strategies and investments herein are based on current expectations and should not be considered definitive or a guarantee that the approaches, strategies, and investment portfolio will, in fact, possess these characteristics.