Venture Capital Interests™
Every side of the deal holds the same unit.
Venture Capital Interests™ — VCIs™ — are the unit everything here settles in. A founder contributes economic rights. An operator delivers work. An ecosystem builder backs the whole thing. Traditionally that is three separate negotiations, three separate instruments and three separate cap tables. Here it is one unit, issued once, at portfolio level.
Where a VCI™ comes from.
Take the unit out and the whole thing stops.
This is not a feature bolted onto a marketplace. Every other mechanism on this platform — Tickets, GNPL, the Flowback Loop, Proof-of-Execution — assumes a portfolio-level unit exists to settle in. Without one, you are back to negotiating equity company by company, engagement by engagement.
One published price. Everyone in the window gets it.
A VCI™ is never priced in the room. Each ecosystem publishes its policy before it opens, and that policy — not a negotiation — sets what a unit costs on the day it is issued.
How it’s priced
By policy, not by whoever is in the room
Each ecosystem publishes a unit price policy before it opens: a fixed price for a defined initial window, then a rules-based net asset value with marks on a set cadence and on priced rounds. Everyone issuing into the same window gets the same rate.
Why that matters
Late arrivals can’t buy in cheaper than you
Unit pricing is not a marketing decision — it is the portfolio’s anti-dilution rule. If units were issued below fair value, existing holders would be quietly diluted. The policy exists to stop that, and it is the same policy for founders, operators and builders.
What you put in, and what you hold.
The instrument does not change between parties. What changes is what you contribute to get it, and what it does for you once you have it.
Units are retired, not traded.
There is no market to sell a VCI™ into, and that is deliberate. Value returns one way: the portfolio receives proceeds, and uses them to buy units back and retire them. That is the Flowback Loop.
One unit. Everyone on the same side of it.
The instrument is what lets a founder buy senior work without a round, an operator hold a portfolio without a cheque, and a fund support companies without reserves. Everything else on this platform is downstream of that.
Venture Capital Interests™ is a trade mark of Execution Capital Ltd. VCI™ is its abbreviation.