Howdy and happy Friday!
As some of you know, I do advisory work and I’m a partner in several firms as well. Jubilee is one of those firms. Jubilee’s CEO Tim Kotzman was kind enough to grant a special offering for accredited investors of the Five Wide newsletter.
Here’s Tim:
Hi Everyone. My name is Tim Kotzman. I have included both a thread with some thoughts on strategies to consider when thinking longer-term about Bitcoin as an asset class and also our latest press release. I have an exclusive offer today available to you - the subscribers of Ryan Ray's Five Wide Newsletter. We are waiving the $100,000.00 minimum for anyone who subscribes to our ESG Capital Fund in the next two weeks (before December 18). Subscribe in any amount and let's go change the world together. Have a great weekend. - Tim
You can connect with Tim on Twitter or on LinkedIn. Be sure to mention you found him on the newsletter.
There are several things to consider when it comes to an allocation of capital to Bitcoin:
1. It’s all fun and games to have a seemingly small amount of money in bitcoin on an app on your phone. Until it doubles. And triples. And does a 10X. And then a 20X. Maybe a 100X over several decades. Then it isn’t as fun sounding to have six figures or seven figures or more of capital on a nameless faceless app on your phone. Oh, and maybe don’t have it all on one platform.
2. A plan for diamond hands. This first vehicle is designed for an eight-year trip. And there are no rest stops or sightseeing involved. This is a simple strategy to guard against taking early profits. It can be a portion of your overall plan. We are not saying “this is the end all be all solution for everything bitcoin.”
3. A plan to guard against “< 1% events.” Click through all of the < 1% events. What happens if the fund manager gets hit by a bus ? (I don’t intend on this happening) The fund legal counsel would take over and work with the institutional administrator (already in place) and institutional custodians (already in place). How about you? I don’t know all of the passwords on a go-forward basis forever for my phone and computer. How can I expect my wife to if I become disabled or worse? There’s a certain peace of mind when taking proper steps far in advance.
4. We are so early. About 5% of the world owns bitcoin right now. And that’s extremely exciting. But I can see the writing on the wall. Millions and millions of people are going to buy bitcoin at a Coinstar location at their local Walmart, or on their phone, or even - eventually - at their local bank. And millions of people are going to lose or forget about their bitcoin. This is actually a very charitable thing to do because if those coins never move again and are lost forever, it decreases the available supply for purchase. But that’s a topic for another day.
5. Everyone CAN and SHOULD go out into the world (or into your phone) and buy bitcoin. Study it. Understand it. And enjoy this ride. The Bitcoin community is an AMAZING community. And we are going to change the world.
"I'm not here to convince you. But maybe get a few Bitcoin in case it catches on."
- Satoshi Nakamoto
New York firm launches Bitcoin Vehicle for Qualified Investors
New York, New York, December 1, 2021 – Jubilee Royalty, a Manhattan-based private equity firm, announced the launch of its third fund in its series of offerings.
Jubilee CEO Tim Kotzman explained that now is the perfect time to launch the third private placement vehicle, termed ESG Capital Fund, despite recently closing Fund II. "Funds I and II were very well received. We were pleased with both raises and will likely return to minerals in the future. However, we felt that now is the time for a long-term Bitcoin-focused fund. This offering will provide exposure to both Bitcoin and other opportunities that qualify under our ESG criteria."
Bitcoin is up 215% on the year and over 7,700% over the last five years.
Kotzman believes that there is sufficient market demand for a long-term bitcoin fund. "If you believe that you should be trading Bitcoin, then please keep doing that. We are suggesting that our investors allocate roughly half of their funds dedicated to crypto to this fund. If you want to trade it, then go ahead, but this fund exists so the investor does not have to worry about panic selling or, conversely, selling too early. We are going to put it in the market, in a transparent way, and let it ride."
The Bitcoin-focused offering is available to up to 100 qualifying accredited investors and will close once the investor limit or offering amount of $10,000,000.00 has been achieved.
None of the statements herein is part of an offering of securities or solicitation in connection with the sale of securities.
About Jubilee Royalty
Jubilee Royalty is led by Timothy J. Kotzman, Michael Flaum, and Alex Pedraza. Jubilee has a proven track record of connecting capital with opportunity in both the energy and finance industries. Jubilee participates in every deal alongside each investor.
You can connect with Tim on Twitter or on LinkedIn. Be sure to mention you found him on the newsletter.