We help global apps acquire mobile-first, mobile-only users in the world’s emerging markets at ZERO acquisition cost
MOX — the Mobile Only Accelerator —enables mobile startups from around the world to reach hundreds of millions of mobile-first, mobile-only users by leveraging strategic partnerships in the mobile industry. MOX maintains a competitive advantage that allows its participants rapid penetration into emerging mobile markets such as India, South-East Asia, South America and Eastern Europe.
FOR EACH NEW MARKET
Our fund SOSV takes 6% common equity through a Stock Purchase Agreement (SPA) and invests through a convertible instrument with a cap and 20% discount called an Accelerator Contract for Equity (ACE) similar to a SAFE. Of the USD 100K investment, USD 55K is cash and USD 45K is the program cost which we pay on the start-up’s behalf to the accelerator. If your company has or sets up a Taiwan entity, we can add up to another USD 40K investment in the convertible pending an approval process.