New Investments, Both International.
We are proud to announce new investments in Moshcam and AQUSH.
Moshcam is an Australian based provider of live music content that was co-founded by a colleague from GoTo.com. Moshcam has built the world’s largest collection of music gigs recorded in HD over the last several year, and have the rights to stream this content across multiple platforms worldwide. They are currently raising money to expand their operations globally and have a number of distribution deals to be announced shortly.
AQUSH is a Japanese P2P lender that has cleared the numerous regulatory hurdles required to operate in Japan, and has a default rate of less than one percent. We have followed this company since Q4 2010, and believe that the company has a clear path to reach financial breakeven, and the option to leverage existing assets to build multiple businesses in the nascent online financial marketplace in Japan.