<html><head></head><body><div class="ydpddb81043yahoo-style-wrap" style="font-family: garamond, new york, times, serif; font-size: 16px;"><div><br></div><div><a href="http://ventureburn.com/2018/11/silvertree-majority-stakes-founders-concerned/" rel="nofollow" target="_blank">http://ventureburn.com/2018/11/silvertree-majority-stakes-founders-concerned/</a><br></div><div><br></div><div><span><p style="margin: 0px 5px 20px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; color: rgb(68, 68, 68); font-family: Georgia, arial, sans-serif;">In August Koser told Ventureburn that Silvertree looks to take a stake of 30% to 90% in those companies it invests in, with the view of eventually increasing this to 100% (shareholders he adds, will still enjoy “minority rights”). He calls his investment company’s approach one of fostering “co-entrepreneurs”.</p></span><span><p style="margin: 0px 5px 20px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; color: rgb(68, 68, 68); font-family: Georgia, arial, sans-serif;">However Marx this week said he and his co-founders were made to feel like employees, rather than “co-entrepreneurs”.</p><p style="margin: 0px 5px 20px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; color: rgb(68, 68, 68); font-family: Georgia, arial, sans-serif;">He said a key disagreement was over the business model – with Marx and his fellow co-founders wanting to focus more on generating revenue from the web platform itself, and Silvertree wanting to shift the focus to the brokerage linked to the startup, that provided clients with insurance quotes.</p><div style="margin: 0px 5px 20px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; color: rgb(68, 68, 68); font-family: Georgia, arial, sans-serif;">The three in August last year founded MoneyPanda, which essentially offers the same thing that CompareGuru does.</div><div style="margin: 0px 5px 20px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; color: rgb(68, 68, 68); font-family: Georgia, arial, sans-serif;">.....<span></span>Torr says in addition he has separate business interest with Koser. It could be why he’s smiling. Or, because he had Silvertree remove a clause from the contract he and Verster Cohen signed when the investor approached UCook to invest in the business.<span><p style="margin: 0px 5px 20px; padding: 0px; border: 0px; font-size: 17px; vertical-align: baseline; color: rgb(68, 68, 68); font-family: Georgia, arial, sans-serif;">He says Silvertree initially wanted to add a clause to the investment contact, stating that the investor aims to take a majority stake in those it invest in, within a short period of time.</p></span></div></span><br></div><div><br></div><div>Be blessed.</div><div>Regards/Wangari</div><div><br></div><div class="ydpddb81043signature">---<br><font style="font-weight:bold;font-family:verdana, helvetica, sans-serif;" size="2"><span style="color:rgb(127, 0, 63);">Pray God Bless. 2013Wangari circa - </span><span style="color:rgb(127, 0, 63);">"Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".</span></font><br></div></div></body></html>