Why We're Not Looking for VC Funding

Why We’re Not Looking for VC Funding How Liana Banyan’s Economic Model Differs from Traditional Venture Capital People ask: “Why aren’t you raising venture capital?” The short answer: Because VC funding is designed to extract maximum value, and we’re designed to sustain it. The longer answer requires understanding two fundamentally different economic philosophies—and why they can’t coexist in the same organization. The Core Comparison Dimension Traditional VC Liana Banyan / IP Load Balancing Ownership concentration Few funds own large equity blocks Platform 60%, creator ~20%, external capital 20% max, spread across many small stakes Return profile Power-law, unbounded; a few 100× outcomes drive fund Per-stake returns capped ($10M) then recycled; no permanent rent streams Control rights Investors often take board seats, vetoes, liquidation preferences Platform retains majority; creators choose control tier; external capital has economic rights, not governance control Early vs late entrants Early investors capture most upside; latecomers pay high valuations Caps and splitting reopen slots at fair value; new participants get “first-round”-like opportunities even late Geography / currency Strong-currency investors advantaged; weak-currency founders often excluded Three-gear currency equalizes internal purchasing power via Credits/Marks/Joules Goal Maximize financial return to LPs, often via exits or IPO Sustain platform, workers, and communities; “enough” is encoded in margins and caps What VC Funding Assumes Traditional venture capital operates on a power-law assumption: ...

February 17, 2026 · 5 min · 1013 words · Jonathan R. Jones