Not our First Rodeo
The team behind Play Money have been startup founders for over a decade. We have two acquisitions, an IPO, $2B+ in new product launches, and nearly 100 startup investments under our belts. We are backed by M13 Ventures and dozens of angels — many who hopped on board after falling in love with our product.
Trusted Industry Partners
We are not going this alone. Plaid does all the money moving and KYC for us. They are a well known and trusted partner.
What happens if Play Money fails?
We get it. We are a startup. This is a smart question to ask.
We have our own systems and contingency plans in place so tax documents and payout keep flowing regardless of what happens to us. SPVs are very standard investment vehicles so this is a well understood space. Most importantly, SPVs are Delaware LLCs. The system of record of your ownership doesn’t just sit with a private company. It sits with a State — the actual OG of states. As long as Delaware is still standing, there is a record of your ownership and ways to contact you with your distributions.