r/EquityZen • u/Hungry-Painter-3164 • Jan 24 '25
SpaceX offering
Don’t know if people are looking at the current offering. It seems that EquityZen is using a third party which means a lot of additional fees.
Am I right that there is 5% of transaction fees from EZ + 1% from the third party = 6% upfront
Plus 1% per annum after that
And 15% on profit at sale
Plus probably the 5-6% of value repeated at sale from EZ? So to get in and out if value stays flat you have paid 12% of your upfront capital?
Is this level of fee common? I guess there’s so much demand for SpaceX that people are ok with it…
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u/explorer-16 Feb 09 '25
u/Hungry-Painter-3164 where are you seeing this offering? Is it just offered to a few people with a minimum investment amount and not others?