What Happens If Play Money Goes Away?
Let’s be real. Startups fail. And if Play Money ever went down, here’s what happens to your investments:
Nothing.
- Every investment you make exists independently of Play Money. Each deal lives inside its own SPV, a Delaware LLC with its own bank account and federal tax ID. Those entities are separate from us. If we vanished tomorrow, your investment records would stay intact with the state of Delaware.
- Our systems are built for business continuity. If Play Money stopped operating, a new fund administrator would take over responsibilities like issuing tax documents and distributing proceeds from future exits. In some cases, that role could even pass to the startup itself, since founders already manage distributions for their direct investors.
- Play Money also carries standard business insurance to support a smooth transition. Keep in mind, federal programs like SIPC and FDIC do not apply here because Play Money never takes custody of your funds.
Play Money is simply the facilitator. The SPVs you invest through exist independently, with their own legal rights, accounts, and obligations.
A shutdown might be inconvenient, but it cannot change your ownership, your stake in the companies, or your right to proceeds when those startups exit.
TL;DR
✅ Your ownership stays intact.
❌ We never touch your funds.
💼 The SPV stands on its own.