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raleigh startup

Royalty Exchange’s Plan Unfolds: Music, IP, Oil & Gas Royalty Investing For All

“What we’ve seen with these is that people want to diversify within these investment types,” Daley (pictured left) says. “So they’ll come and buy the minimum of each multi-unit auction and create their own fund of royalties.” Royalty Exchange makes an 8 to 12 percent transaction fee on each auction, paid by the seller. From the buyers, the startup earns a half a percent of each monthly royalty distribution. Multi-unit sales are a key way to bring more activity to the platform, and they position the company for a time when unaccredited investors will be permitted to invest (pending...

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It's Tough To Be an Angel (Investor)

So let’s put this into a little bit of context. The Angel community has a reputation here (and everywhere, for that matter, but more so here) of being less than active at the seed stage. I’ve never truly been on board with this. Up until very recently, the Triangle didn’t have the froth that would suggest that investors should be throwing money at any fresh-faced kid with an app idea. We’re older, we’re more steadfast, we’re pretty much customer-first, and we’re somewhat connected. In other words, the entrepreneurs here who needed that kind of seed money were usually the...

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