Crown Letter: Michael Seibel — CEO

Crown Letter: Michael Seibel CEO — Liana Banyan Corporation (Offered) February 9, 2026 Mr. Seibel, Liana Banyan is a Cost + 20% cooperative marketplace and product-funding incubator where creators, workers, and backers keep 83.3% and the margin is constitutionally locked. I’ve spent nine years building something the startup world would call impossible — a cooperative commerce platform that can’t enshittify — and it’s ready for operational leadership. I don’t want to be CEO. I want to build, invent, solve problems. I’m structurally building this so the CEO role is a professional, accountable seat from day one — not a title I cling to out of ego. That’s why I’m writing to you. ...

February 9, 2026 · 5 min · 997 words · Liana Banyan Corporation