RESALE LISTING · packaged and relistedOriginal founder retains carry on premium

Original list

$62,000

Resold at

$185,000

Uplift

2.98×

Attachments carried

5

Value added by Rowan Capital LLC: Audit + operator + $250K soft-circle + 17 employer LOIs.

Startups & Tech

Ledger Credit Union · Relist

Packaged, audited, operator-attached — resold by original buyer.

Revenue-verifiedTier · Investor ReadyDenver, CO

Original list

$62K

Resale list

$185K

Attachments

5

Package uplift

2.98×

Ownership breakdown

Minority stake · Economic participation
33%
67%
Offered to buyer — 33%Founder retains — 67%
Minority33% block50% parity100% full

Implied valuation math

Asking price$185,000
÷ stake offered33%
= implied valuation$560,606

Paying $185,000 for 33% values the whole business at $560,606. That is roughly $5,606 per percentage point of ownership.

What this stake conveys

Under one third you participate economically and receive information rights, but the founder retains operating control. Governance terms are set in the option agreement.

Verified before listing

The founder attested to owning at least 33% and uploaded ownership evidence (cap table, operating agreement, or equivalent). Timber reviews entity standing and authority to sell before a listing goes live. Same stake, repackaged with an operator and audit attached.

Retained-ownership impact

Founder retains 67% after this deal — founder keeps control

51–99% retainedFounder keeps control This deal

Voting

Founder controls ordinary votes and board composition; buyer votes as a minority holder.

Information

Buyer receives quarterly financials, cap table updates, and annual tax documents.

Consent

Buyer consent typically limited to protective items: new share classes, dilution below a floor, sale of the company.

50% retainedDeadlock structure

Voting

Even split — no side carries a vote alone. A tiebreak seat, casting vote, or mediator is written into the operating agreement.

Information

Full mutual access to books, records, and management reporting.

Consent

Effectively every material decision is a joint consent item, including budget, hiring of officers, and debt.

34–49% retainedFounder holds a blocking minority

Voting

Buyer controls ordinary votes; founder can block supermajority actions.

Information

Founder keeps statutory inspection rights and ongoing reporting.

Consent

Founder consent required for charter amendments, recapitalization, and sale of the company.

11–33% retainedFounder is an economic minority

Voting

Buyer controls the board and ordinary decisions; founder votes but cannot block.

Information

Annual financials plus notice of material events; inspection rights on request.

Consent

Consent narrowed to anti-dilution, transfer restrictions, and tag-along on a future sale.

1–10% retainedFounder holds a legacy stake

Voting

Nominal voting weight; typically paired with a continued-involvement or advisory agreement.

Information

Annual reporting and K-1 or distribution statements only.

Consent

Drag-along applies — founder is carried along on a buyer-led sale.

0% retainedClean full acquisition

Voting

Buyer holds 100% of votes. No minority holders to notify or convene.

Information

No ongoing reporting obligations to the seller after closing.

Consent

No consent rights survive closing beyond the purchase agreement's reps, warranties, and indemnity period.

Tiers describe standard market expectations. Exact voting, information, and consent rights are negotiated inside the option window and fixed in the definitive purchase agreement.

Marketplace comparables

Startups & Tech · 7 reference points

This listing implies $560,606 for the whole business — about 50% above the category median of $374,286.

Low $34,000Median $374,286High $560,606

Recent settled deals

DealStakePriceImplied valueClosed

Fieldnote (scheduling SaaS)

$9K MRR at close

100%$385,000$385,000Apr 2026

Parseline API

Blocking minority, founder-led

33%$148,000$448,485Feb 2026

Latch Analytics

Packaged with a technical GM

70%$262,000$374,286Dec 2025

Comparables normalize every deal to a 100% basis (price ÷ stake) so partial stakes and full sales can be read on the same scale. Benchmarks are directional — diligence during the option window sets the real number.

Staged disclosure · your current access

Preview any stage by clicking. Reach a stage by actually signing / paying / packaging.

The dossier

Everything attached to this deal.

Attachments travel with the listing, not the person. If a buyer walks, the deal stays exactly as strong as it was.

Executive summary

Public browse — full plan behind NDA

Originally listed at $62K by the founder, optioned by Rowan Capital, packaged with a full audit, named operator, $250K soft-circle, and 17 employer LOIs. Rowan is resurfacing the deal — every attachment travels.

Operating summary

NDA required

Business model, financial overview, and market analysis unlock after NDA.

Talent & people

  • Named GM Priya Sundaram (ex Chime) · LOI signed
  • Cedar CPA audit lead retained through diligence

Capital & investor interest

  • Soft-circled $250K from Meridian Family Office
  • Bridge line offer standing $150K

Financial verification

  • Cedar CPA audit — completed 06/2026, clean opinion

Market & customer proof

  • 17 employer partnership LOIs (verified HR contacts)
  • Prototype live with 40 active users

Operational assets

Unlocks after first packaging milestone

2 attachments

Legal & IP

  • Delaware LLC, IP assignment executed, NDA-covered

Brand & presence

  • Full identity, marketing site live

Deal Log · permanent record

Every action, timestamped and travels with the deal.

Provenance certificate

0x1e58758eaf3c9

5/2/2026

  1. Relisted at $185K

    Jul 10, 2026, 9:00 AM

    Rowan resells packaged deal · founder receives 20% of premium.

    actor · Rowan Capital LLC  ·  provenance 0x-7c996ec6af3c9

  2. 17 employer LOIs attached

    Jul 2, 2026, 9:00 AM

    Signed HR partnership letters.

    actor · Rowan Capital LLC  ·  provenance 0x-7b008b2daf3c9

  3. $250K soft-circled

    Jun 24, 2026, 2:00 PM

    Meridian Family Office indication letter attached.

    actor · Meridian Family Office  ·  provenance 0x-2acf3ee5af3c9

  4. GM recruited · Priya Sundaram

    Jun 12, 2026, 12:00 PM

    Named operator signed LOI · ex-Chime.

    actor · Rowan Capital LLC  ·  provenance 0x61934425af3c9

  5. Cedar CPA audit attached

    Jun 1, 2026, 3:00 PM

    Clean 12-month audit added to dossier.

    actor · Cedar CPA  ·  provenance 0x5f03c254af3c9

  6. Optioned by Rowan Capital

    May 14, 2026, 10:00 AM

    12-month exclusive locked · $6.2K fee.

    actor · Rowan Capital LLC  ·  provenance 0x270ed1afaf3c9

  7. Original listing created

    May 2, 2026, 11:00 AM

    Provenance certificate issued.

    actor · Marcus Delaney  ·  provenance 0x-75ae41e8af3c9