CrossCoin Ventures owns the Accelerator, and manages it at arm’s length with support from Ripple Labs. CrossCoin Ventures is owned by its four partners.
Blog Archives
Who will be the actual investor in my company? CrossCoin or Ripple Labs?
CrossCoin Ventures, LLC will be the actual investor. Ripple Labs will own no equity to avoid any potential conflicts of interest.
What resources does the Accelerator provide?
Any and all, if it helps! In addition to office space, we find that the main areas are technical, recruitment, regulatory, marketing, UI / UX design, and financing.
Could this program create a conflict of interest for Ripple Labs?
No. Ripple Labs does not own any equity in CrossCoin Ventures. Ripple Labs has no control of what companies CrossCoin Ventures invests in. Ripple Labs has no equity in any of the CrossCoin Ventures companies.
Is CrossCoin Ventures the same as the Ripple Accelerator?
No. CrossCoin Ventures is a private investment company managing the Ripple Accelerator at arm’s length with support from Ripple Labs.
How is the Accelerator related to Ripple Labs?
CrossCoin Ventures is running the Accelerator under an arm’s length relationship with support from Ripple Labs. However, Ripple Labs does not own any equity in CrossCoin Ventures, nor does Ripple Labs own any equity in the CrossCoin companies.