Differences

This shows you the differences between two versions of the page.

--- funding_ownership [2024/10/28 03:08] – abu_rashid
+++ funding_ownership [2024/10/28 03:09] (current) – abu_rashid
@@ Line 2: / Line 2: @@
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-The initial cost of founding the community will be the purchase of the land on which the community will be built. Ideally this cost would be covered by founding members, but this is unlikely to be sufficient, and so we must resort to alternatives, such as loans or SMSF pooling. Those founding members unable to contribute to the initial cost will need to enter into an agreement to pay their share over time, which will be used to either service the loan or to contribute back to the SMSF pool. This cost will then further be reimbursed as new community members join and contribute to purchase their share in the land.
+The initial cost of founding the community will be the purchase of the land on which the community will be built. Ideally this cost would be covered by founding members, but this is unlikely to be sufficient, and so we must resort to alternatives, such as loans, SMSF pooling or angel investing. Those founding members unable to contribute to the initial cost will need to enter into an agreement to pay their share over time, which will be used to either service the loan or to contribute back to the SMSF pool. This cost will then further be reimbursed as new community members join and contribute to purchase their share in the land.
 === Ownership ===