- My 7th investment into commercial litigation crowdfunding has reached finality.
- It has been 73 days from the time of capital commitment to the distribution, or 60 days from disbursement of funds to the plaintiff.
- The investment has generated 1.79x MOIC and 1740% XIRR.
In July 2017, LexShares opened a new investment opportunity.
- 79.47% in the first 6 months (0-6)
- Additional 20% next 6 months (6-12)
- Additional 48% every 6 months thereafter up to 48 months (12-48)
I committed to the case and I wired $75,000 on 7/12/17. LexShares disbursed funds to the plaintiff on 7/21/17.
The case was resolved earlier through an out-of-court settlement among the parties in August 2017.
Net profit was $59,295 over 73 days, for the internal rate of return of 1740.72%.