The document outlines the establishment of a Guernsey-based company, Osborne/Burda Investments Limited, to invest $60 million in emerging internet/social media companies. The company will be structured to minimize regulation and tax, with a focus on capital growth rather than income generation. The investment structure includes Participating Preference Shares (PPS) and ordinary shares, with specific rights and distributions. Future investments may involve raising additional funds or setting up a second company.
documents/EFTA01121886.pdf
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