Why we invested in Koos
by Sten TamkiviWe have been discussing the long term perspective of Plural platform evolving into a DAO over time: once we have dozens of partners investing in the best companies in Europe and have invested a financially well performing series of vintages, it would only make sense to take this further and make sure the founders in our network, occasional operators-advisors we bring in, and the wider startup community can partake in this success.
We are not building Plural to make the founders rich, but to have a GDP level impact on European economies. Broader community ownership leads to more meritocratic systems, where wealth is distributed more broadly in society based on a much wider mix of actual contributions, not just original capital put in (which not everyone can afford). This means we need to find or develop a mechanism to start distributing and tracking our future gains (“carry tokenisation”) in fluid and low-bureaucracy ways.
I have been actively involved in crypto and blockchain technology development (bitcoin 2013, ICO boom of new protocols in 2017, DeFi 2019, NFTs 2020…) and have a strong belief that distributed, programmable equity can and should be successfully implemented on top of this stack.
Koos has a super aligned vision, has figured out a few clever regulatory hacks, and sports an amazingly strong team to make this actually happen.