On brokered offerings, investors can choose to invest either directly or can invest as part of a Syndicate. Direct Investments are subject to a one-time 2% platform fee. Syndicate Investments are subject to a one-time 7.5% platform fee. If the investment generates a return, the Syndicate pays 10% carry upon exit to Planck Fund Management LLC, a subsidiary wholly owned by Propel(x) Inc which is registered as a venture capital firm in California.