Sam Kawtharani and Derek Manuge-Corl- Revenue Sharing on the Blockchain for Early-stage Companies
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 26 February 2018
⏱️ 27 minutes
🧾️ Download transcript
Summary
The number of small, early-stage yet fast-growing companies is reaching an all-time high. Despite the potential for wide profit margins, many of these high-quality startups lack the necessary capital to continue growing and to reach their full potential. Sam Kawtharani and Derek Manuge formed Corl from a combined decades' worth of unique and relevant experience to offer a solution: the world's first revenue-sharing token specifically designed to foster the development of emerging companies while benefitting investors.
Where traditional forms of finance have failed, Corl promises to deliver by providing royalty investments to budding companies and allowing investors to own equity in Corl via the blockchain-based "CRL" token. In addition, token holders will receive quarterly dividends in Ethereum. With the plan of becoming the world's first regulatory-compliant security token that pays dividends to all token holders, Corl introduces an unprecedented and exciting opportunity for entrepreneurs and investors alike.
Currently, in the pre-launch stage of development, Corl will go live in just a little over one month, on April 1, 2018. For over 2,000 companies already signed up on the Corl platform and ready to apply, that launch date couldn't arrive soon enough. To learn more, visit corl.io, join the Corl telegram channel, or contact Sam and Derek directly through LinkedIn.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.6 | Future technologies are always to transform our lives for better or worse or the focus of this podcast. |
| 0:13.3 | Almost here means these technologies are now here and starting to be used. |
| 0:17.8 | We're just around the corner, from Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more. |
| 0:25.9 | Hello, everyone, and welcome to the Future Tech podcast. |
| 0:29.8 | My name is Chris Amler, and our guests today are Sam Kotherani and Derek Mnuge with |
| 0:35.7 | Coral.io. |
| 0:36.8 | Welcome, guys. |
| 0:37.7 | Thanks for having us. |
| 0:38.8 | Of course. |
| 0:39.4 | Sam, give us a little bit about your background and how you got involved in the space. |
| 0:43.4 | Sure. |
| 0:44.0 | So I'm largely a software engineer. |
| 0:46.8 | I did not work in the industry or coded a lot. |
| 0:51.0 | Quickly switched to the product and project management field. |
| 0:55.0 | I worked for a company in London for three years of the product and project management consultant. |
| 1:00.0 | And shortly after, I moved to Montreal where I joined the Payment Crossing company called Pivotal Payment, as one of the busy palettes. |
| 1:07.0 | And shortly after, I jumped into the fintech scene before fintech got popular. I joined one of Canada's |
| 1:13.3 | first peer-to-peer lenders in around 2011, 2010. And I was one of their, I was the only head of |
| 1:20.1 | product at that at the point. We took the company public in 2012. I was directly involved in that |
| 1:26.2 | aspect of work. And by the time I left in 2016, we had a portfolio of half a billion dollars. |
| 1:33.3 | I got into the crypto space early on just through hearing about it as a hobbyist, through |
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