DaD has equity in four of the most important Internet projects that exist at present worldwide: BuyVIP, Digidis, Xplane and Tuenti, in which even though we have small percentages, the actual worth of these investments (based on their recent capital increase valuation) is over 500%.
DAD is in the process of completing a round of capital increase from 10% (1.5M€) to 15% (2.25M€), to have a total portfolio assesment of 15 million, in order to allocate them: 1/3 of it to invest in those projects that today look with a high potential for success, expanding our equity investment and thus our future return.
Another third part of the capital will be used to invest in new projects and the rest will guarantee that DaD can be self-financed, from now on, with the disinvestments of the existing projects.
In these exits, 75% of the proceeds are going to be paid out to shareholders and 25% will be reinvested in DaD to continue creating what we think is going to be the first European investment vehicle for Internet and Technology companies.