How is the initial share price determined?
The cost of one share depends on the student’s set valuation. Here’s a super simple way to think about it:
If the student wants $100,000 for 8% of their equity, it means they set their valuation at $1,250,000 (because $100,000 is 8% of $1,250,000).
To find the price of one share, you take 0.01% of the student’s set valuation. In this case, 0.01% of $1.25 million equals $125 per share.
What is the minimum amount of shares I can buy?
The minimum transaction fee is $1000.
How is share price determined throughout the students life?
The share price is completely market driven!
What are the transaction fees on the platform?
We currently charge a 1-3% transaction fee for buying shares, and a 1% transaction fee when selling.
How do I ensure my money is being spent on tuition?
The money raised for the student will be payed directly to the university, through our platform.
What dividends do I get when holding shares of a student?
You receive your share of the percentage of their earnings and Intellectual Property (as outlined in their contract).
What if I no longer want to be on the platform?
Students always have the opportunity to buy back their own shares at the market price.
How do I ensure my shares get bought at the start?
The burden is on the students to create a marketable profile and price their shares according to a fair market price. This helps ensure you will raise enough money to pay for school.
How does the share price affect me?
When all the shares get sold initially, that will equate to enough money to pay your tuition After that, the share price will have no direct impact on you.
What do I gain from this instead of a standard loan?
You won't be bogged down by interest, or own a bunch of debt and you also get crucial career mentorship!
What do I need to include in my profile?
We recommend including a resume, portfolio, career goals, and any videos or extra attachments you want. The example on our front page is a good one to base the profile on.
What if my career goals change?
You are free to change your career goals and make whatever life decisions you choose, and your share price will move accordingly. Though a dropping share price will not directly affect you, it does correlate to a dropping standard of living.