Each firm has seven days to fill its cap table. All or nothing — if it doesn’t fill, every backer claims a refund from escrow, and nobody needs our cooperation to do it.
Committed capital is the number that matters. A raise can never exceed 10% of it, and repayment comes from a 2% commission on the operator’s turnover — so a bigger book repays you faster. That is the sum the third figure on each card is doing.
You are funding the firm, not the book. Your money pays for staff. The operator trades their own capital and keeps their own profits and losses. You are repaid from their activity, up to 25% above what you put in — and then your shares retire.
Repayment tracks activity, and inactivity is bounded. A desk that goes seven days without a trade winds down: you reclaim your share of the raise that has not been spent, and the operator is restricted to closing out.