Vint vs Republic Comparison

Assess their risks, liquidity, investments, returns, timeframes and other terms

Invest in fractionalized fine wine collections and rare spirits

Invest in startups

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Investments
$2,500

The minimum amount required to invest in offerings from Vint is set at $2,500.

Investments
$50

The minimum investment on Republic starts at $50, varying by deal.


Moderate Risk
3/5

Investing with Vint carries inherent risks, including market volatility and economic fluctuations that can impact the value of wine and spirits collections. The lack of a secondary market further increases risk by limiting early exit opportunities for investors.

High Risk
4/5

Investing on Republic involves significant risks such as the potential total loss of investment, illiquidity, long-term commitment without guaranteed returns, risk of dilution, limited information on investments, and possible impacts from regulatory changes.


Minimum Liquidity
1/5

Vint currently does not offer a secondary market for the trading of interests in its wine and spirits collections, which means that investors generally lack immediate liquidity options.

Minimum Liquidity
1/5

Investments on Republic are generally illiquid, meaning it may be difficult to sell or convert them into cash quickly.

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High Return
28.7 %

Vint has achieved a net annualized return of 28.7%, calculated from realized exits of its investment offerings, reflecting the aggregate average performance of the platform's assets under management.

Not Predictable Return
N/P

Returns on Republic depend on the success of invested projects, companies, or funds, with potential payouts varying by investment terms.


Long-term Investment
1-3 years

Vint's investment time horizon for its collections spans 1 to 3 years on average.

Long-term Investment
3-10 years

Investments on Republic typically have a long-term horizon, often requiring several years to over a decade before potential returns are realized.


Who can invest
United States

Investment opportunities with Vint are open to accredited investors, who must satisfy certain SEC-mandated financial criteria.

Who can invest
International

Anyone 18 or older can invest on Republic, with specific eligibility and investment limits varying by campaign. International investors can participate in many offerings, subject to local laws and specific campaign terms.


Moderate Volatility
3/5

The wine and spirits market experiences volatility, which can lead to rapid changes in the value of Vint's collections.

Moderate Volatility
3/5

Assets on Republic, like startups and private ventures, exhibit high volatility due to factors like market sentiment, regulatory changes, and business uncertainties. Valuation changes can be sudden and significant, reflecting the inherent risks and potential rewards of these types of investments.


Regulation and audits
SEC Regulated

Vint adheres to SEC regulations by providing offering circulars for public investment and undergoes regular audits to maintain financial transparency and regulatory compliance.

Regulation and audits
SEC Regulated

Republic operates under SEC regulations like Reg CF, Reg A+, and Reg D, ensuring transparency and investor protection. Companies on Republic must adhere to disclosure and, in some cases, undergo financial audits or reviews.


Insurance
Yes

Vint's investment assets are professionally stored and fully insured, with a strategic focus on location, primarily in the UK and additional facilities in the US, to align with potential sale markets.

Insurance
No

Investments on Republic are not covered by traditional insurances or state guarantees like FDIC protection.


Payouts
No Recurring Payouts

Vint does not issue regular dividends; returns are generated from the sale of assets at a gain.

Payouts
No Recurring Payouts

Dividends on Republic are not standard across all investments and depend on the specific agreement with each company. Some investments may offer dividends through revenue-sharing arrangements, but many startups prioritize reinvestment over distributing earnings.


Withdrawals

Investors receive funds from Vint after a collection is sold and proceeds are distributed, less any applicable fees.

Withdrawals

On Republic, returns mainly come from liquidity events like acquisitions or IPOs, but these are uncertain and can take years. Selling shares directly is typically not possible within the first year due to federal restrictions, with few exceptions. Even after this period, the resale market is limited and subject to legal considerations.


Extra Fees
Yes

Vint applies a transaction fee of 2.85% on both the purchase and sale of wine shares, encompassing costs for acquisition, storage, insurance, and selling. Additionally, there is a spread fee of 1.5% applied to the transactions of wine shares.

Extra Fees
Yes

Republic charges an administrative fee for investment commitments, typically 2%, with a minimum of $5 and a maximum of $300, varying by offering. This fee is refunded if an offering is canceled or withdrawn but not if the investor cancels their commitment.


Taxes
Tax Form

After a collection sale, Vint issues pro-rata proceeds to shareholders and provides a 1099-DIV for tax reporting, prioritizing the settlement of any liabilities first.

Taxes
Annual Statement

Republic does not provide tax documents or specific tax guidance for investments. Tax implications, such as for Crowd SAFE and Token DPA investments, depend on the investment's nature and liquidity events.

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