Fundify Advisors LLC

​Item 5:​         ​Fees and Compensation​
​Advisory Fees​

​ undify’s​ ​advisory​ ​fee​ ​(“​​Fee​​”)​ ​is​ ​based​ ​on​ ​the​ ​“Portfolio​ ​Fee​ ​Value”​ ​of​ ​a​ ​Client’s​
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​Portfolio,​​which​​is​​the​​lower​​of​​either:​​(a)​​the​​“​Cost​​Basis​​”​​of​​a​​Client’s​​Portfolio​​(that​​is,​
 ​the​ ​original​ ​cost​ ​of​ ​current​ ​portfolio​ ​assets);​ ​or​ ​(b)​ ​the​ ​“Current​ ​Market​ ​Value”​ ​of​ ​a​
  ​Client’s​ ​Portfolio​ ​(that​ ​is,​ ​the​ ​market​ ​value​ ​of​​the​​current​​portfolio​​assets​​based​​on​​the​
   ​valuation​ ​provided​ ​by​ ​the​ ​issuer).​ ​The​ ​value​ ​of​ ​cash​ ​in​ ​the​ ​Client’s​ ​Portfolio​ ​is​ ​not​
    ​included​ ​in​ ​the​ ​Cost​ ​Basis​ ​or​ ​the​ ​Current​ ​Market​ ​Value.​ ​Fundify’s​ ​Fee​ ​is​ ​equal​​to​​two​

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​ ercent​ ​(2%)​​of​​the​​Client’s​​Portfolio​​Fee​​Value​​on​​an​​annual​​basis.​​It​​is​​assessed​​and​
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​charged​ ​monthly,​ ​in​ ​arrears,​ ​on​ ​the​ ​first​ ​business​ ​day​ ​of​ ​each​ ​following​ ​month.​ ​The​
 ​monthly​​Fee​​is​​two​​percent​​(2%)​​(annual)​​divided​​by​​twelve​​(12)​​(months),​​multiplied​​by​
  ​the​ ​Portfolio​ ​Fee​ ​Value.​ ​In​ ​the​ ​event​ ​a​ ​Client​ ​withdraws​ ​funds​ ​or​ ​assets​ ​from​ ​their​
   ​Portfolio​ ​or​ ​terminates​ ​the​ ​Firm’s​ ​services,​ ​the​ ​Fee​ ​is​ ​still​ ​due.​ ​In​ ​valuing​ ​Portfolio​
    ​Investments,​ ​the​​Firm​​will​​generally​​use​​a​​mark​​to​​market​​valuation​​in​​accordance​​with​
     ​Fundify’s​ ​valuation​ ​policies,​ ​unless​ ​Fundify​ ​determines​ ​a​ ​reliable​ ​market​ ​valuation​ ​is​
      ​available.​

​Interest on Cash​

I​n​ ​addition​ ​to​ ​the​ ​foregoing​ ​Fee​ ​charged​ ​by​ ​Fundify​ ​to​​Clients,​​Fundify​​also​​retains​​all​
 ​interest​ ​on​ ​cash​ ​held​ ​in​ ​Clients’​ ​Portfolios​ ​awaiting​ ​investment​ ​by​ ​Fundify.​ ​Fundify’s​
  ​receipt​ ​of​ ​such​ ​interest​ ​creates​ ​a​ ​conflict​ ​of​ ​interest,​ ​in​ ​that​ ​it​ ​provides​ ​Fundify​ ​an​
   ​incentive​ ​to​ ​maintain​ ​Clients’​ ​assets​ ​in​ ​cash​ ​(and​ ​to​ ​avoid​ ​or​ ​delay​ ​deploying​ ​cash​
    ​toward​​Client​​investments).​​Fundify​​seeks​​to​​address​​this​​conflict​​by​​disclosing​​it​​to​​you,​
     ​by​ ​not​ ​charging​​its​​Fee​​based​​on​​cash​​held​​in​​your​​Portfolio,​​and​​by​​reviewing​​Clients’​
      ​Portfolios​ ​periodically​ ​to​ ​ensure​ ​its​ ​recommendations​ ​are​ ​in​ ​Clients’​ ​best​ ​interest,​ ​as​
       ​described in Item 13, below.​

​Third-Party Fees​

I​n​ ​addition​ ​to​ ​the​ ​Fundify​ ​Fee,​ ​Clients​ ​may​ ​incur​ ​certain​ ​other​ ​fees​ ​imposed​ ​by​
 ​third-party​ ​financial​ ​institutions​ ​(e.g.,​ ​transfer​​fees,​​administrative​​fees,​​other​​fees).​​For​
  ​example,​ ​in​ ​certain​ ​circumstances,​ ​such​ ​as​ ​if​ ​an​ ​issuer​ ​co-issues​​securities​​through​​a​
   ​crowdfunding​ ​vehicle,​ ​Fundify’s​ ​affiliate,​ ​Fundify​ ​Portal​ ​and​ ​other​ ​third-party​ ​funding​
    ​portals​ ​will​ ​charge​ ​administrative​ ​fees​ ​in​ ​connection​ ​with​ ​reasonable​ ​administrative​
     ​costs​ ​associated​ ​with​ ​crowdfunding​ ​vehicles,​ ​if​ ​applicable.​ ​For​ ​additional​ ​information​
      ​about Fundify Portal, see Item 10, below.​

​Fee Discretion​

​ undify​ ​in​ ​its​ ​sole​ ​discretion​ ​may​ ​from​ ​time​ ​to​ ​time​ ​offer​ ​lower​ ​Fees​ ​for​ ​one​ ​or​ ​more​
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​Clients​ ​through​ ​promotions,​ ​referrals,​ ​and​ ​other​​discounts​​to​​some​​accounts​​that​​differ​
 ​from​​the​​Fee​​stated​​above.​​Any​​such​​program​​or​​initiative​​may​​be​​expanded,​​narrowed,​
  ​suspended,​ ​cancelled,​ ​or​ ​modified​ ​at​ ​any​ ​time​ ​by​ ​Fundify.​ ​To​ ​the​ ​extent​ ​any​ ​such​
   ​program​ ​or​ ​initiative​ ​is​ ​canceled​ ​or​ ​terminated,​ ​Clients​ ​will​ ​once​​again​​be​​charged​​the​
    ​then-current​ ​Fee​ ​on​ ​a​ ​going​ ​forward​ ​basis.​ ​Fundify​ ​shall​ ​have​ ​sole​ ​discretion​ ​in​
     ​determining​ ​whether​ ​or​ ​not​ ​any​ ​existing​ ​Client​ ​or​ ​potential​ ​Client​ ​meets​ ​the​
      ​requirements​ ​to​ ​participate​ ​in​ ​and/or​ ​benefit​ ​from​ ​any​ ​such​ ​program​ ​or​ ​initiative.​ ​In​
       ​addition,​ ​from​ ​time​ ​to​ ​time,​ ​Fundify​ ​may​ ​in​ ​its​ ​sole​ ​discretion​ ​also​ ​modify​ ​its​ ​Fee,​
        ​consistent with the terms of the Investment Advisory Agreement.​

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​Additions and Withdrawals​

​ lients​ ​may​ ​deposit​ ​and​ ​withdraw​ ​available​ ​cash​ ​and​ ​request​ ​the​ ​sale​ ​of​ ​liquid​
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​investments​ ​from​ ​their​ ​account​ ​at​ ​any​ ​time.​ ​Clients​ ​are​ ​advised​ ​that​ ​Portfolio​
 ​Investments​ ​are​ ​generally​ ​illiquid.​ ​To​ ​the​ ​extent​ ​Portfolio​ ​Investments​ ​are​ ​eligible​ ​for​
  ​liquidity,​ ​the​ ​withdrawal​ ​of​ ​assets​ ​from​ ​Clients’​ ​Fundify​ ​Account​ ​may​ ​impair​ ​the​
   ​achievement​​of​​a​​Client’s​​investment​​objectives.​​Further,​​Clients​​are​​advised​​that​​when​
    ​assets​ ​are​ ​liquidated​ ​and​ ​cash​ ​is​ ​withdrawn,​ ​they​ ​may​ ​be​ ​subject​ ​to​ ​transaction​ ​fees​
     ​and/or tax ramifications.​

​Fee Deduction​

​ undify’s​ ​Fee​ ​is​ ​first​ ​debited​ ​by​ ​Fundify​​against​​cash​​in​​a​​Client’s​​Portfolio.​​Where​​the​
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​Client​​does​​not​​have​​sufficient​​cash​​in​​the​​Client’s​​Portfolio,​​the​​Fee​​will​​accrue​​against​
 ​future​ ​cash​ ​deposits​ ​to​ ​the​ ​Client’s​ ​Portfolio​ ​and​ ​the​ ​Client’s​ ​Portfolio​ ​Investments,​
  ​whereby​ ​Fundify​ ​will​ ​debit​ ​its​ ​Fee​ ​following​ ​future​ ​deposits​ ​and​ ​future​ ​liquidations​ ​of​
   ​Portfolio Investments.​

​Compensation for the Sale of Securities​

​ one​​of​​the​​Firm,​​its​​Supervised​​Persons,​​or​​Fundify​​Portal​​accept​​compensation​​for​​the​
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​sale​ ​of​ ​securities​ ​or​ ​other​ ​investment​ ​products​ ​from​ ​advisory​ ​clients.​ ​Notwithstanding​
 ​the​​foregoing,​​in​​certain​​circumstances,​​such​​as​​if​​an​​issuer​​co-issues​​securities​​through​
...

​Item 7:​        ​Types of Clients​
​ undify​ ​generally​ ​provides​​investment​​advice​​to​​natural​​persons​​or​​entities​​who:​​(i)​​are​
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​legally​ ​allowed​ ​to​ ​invest​ ​in​ ​the​ ​applicable​ ​securities;​ ​(ii)​ ​pass​ ​Fundify’s​ ​identity​
 ​verification​ ​protocols;​ ​and​ ​(iii)​ ​if​ ​applicable,​ ​are​ ​lawful​ ​United​ ​States​ ​businesses​ ​not​
  ​formed solely for the purpose of making an investment.​

I​tem 8:​        ​Methods of Analysis, Investment Strategies and Risk of​
 ​Loss​
​Investment Strategies and Methods of Analysis​

​ undify’s​ ​investment​​advice​​is​​primarily​​based​​on​​the​​idea​​that​​long-term​​investing​​in​​a​
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​diversified​ ​Portfolio​ ​of​ ​pre-IPO​ ​companies​ ​can​ ​produce​ ​positive​ ​returns.​ ​Fundify’s​

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I​nvestment​ ​Committee​ ​(“​​Investment​ ​Committee​​”)​ ​oversees​ ​investment​ ​scoring,​
 ​modeling, and Portfolio construction.​

​ undify​​uses​​a​​proprietary​​investment​​selection​​process​​to​​select​​Portfolio​​Investments,​
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​applying an investment thesis and goals that are applicable across all of its Clients.​

​ undify’s​ ​Investment​ ​Committee​ ​employs​ ​a​ ​variety​ ​of​ ​methods​ ​and​ ​approaches​ ​when​
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​considering​​Investments​​and​​making​​recommendations.​​When​​selecting​​and​​monitoring​
 ​the​ ​investments​ ​that​ ​comprise​ ​the​ ​Portfolios,​ ​Fundify​ ​considers​ ​qualitative​ ​and​
  ​quantitative​​factors,​​including​​data​​or​​other​​inputs​​provided​​by​​third-party​​data​​providers.​
   ​Quantitative​ ​factors​ ​considered​ ​in​ ​evaluating​ ​an​ ​underlying​ ​Investment​ ​may​ ​include:​
    ​adherence​ ​to​ ​investment​ ​objectives,​ ​performance,​ ​volatility,​ ​long-term​ ​profitability,​ ​the​
     ​time​ ​horizon​ ​of​ ​liquidity​ ​and​ ​expenses,​ ​among​ ​others.​ ​No​ ​single​ ​factor​ ​will​ ​determine​
      ​whether​ ​an​ ​Investment​ ​should​ ​be​ ​added,​ ​retained,​ ​or​ ​eliminated;​ ​however,​ ​certain​
       ​factors​ ​may​ ​carry​ ​more​ ​weight​ ​than​ ​others​ ​in​ ​the​ ​final​ ​analysis​ ​performed​ ​by​ ​the​
        ​Investment Committee.​

​ he​ ​Investment​ ​Committee​ ​considers​ ​these​ ​characteristics​ ​when​ ​reviewing​ ​an​
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​investment​ ​opportunity,​​but​​may​​invest​​in​​opportunities​​which​​do​​not​​meet​​one​​or​​more​
 ​of these characteristics:​

    •​ ​   ​ anagement team and its domain expertise and/or experience;​
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     ​•​   ​Addressable market size;​
      ​•​   ​Scalability of its business model;​
       ​•​   ​The stage in which a product or service is in (beta versus alpha for example);​
        ​•​   ​Revenue stage including “Proof of concept” or significant pilots;​
         ​•​   ​A plausible exit strategy;​
          ​•​   ​Capital expenditure requirements;​
           ​•​    ​Opportunities​​that​​can​​be​​accelerated​​with​​the​​support​​from​​Fundify’s​​network​​of​
                 ​investors, experts, and/or contacts;​
    ​•​ ​Valuation assessment in relation to all other considerations; and​
     •​ ​ ​Other tangible and intangible factors.​

​ he​ ​following​ ​categories​ ​do​ ​not​ ​meet​ ​Fundify’s​ ​investment​​criteria:​​gambling,​​tobacco,​
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​marijuana, and companies domiciled outside of the U.S.​

​ here​ ​are​ ​inherent​ ​limitations​ ​on​ ​Fundify’s​ ​selection​ ​methodology​ ​as​ ​the​ ​suitability​
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​factors​ ​evaluated​ ​by​ ​the​ ​Fundify​ ​process​ ​do​ ​not​ ​comprehensively​ ​address​​all​​relevant​
 ​considerations​ ​when​ ​making​​investment​​suitability​​determinations.​​Fundify​​reviews​​and​
  ​evaluates​​its​​Portfolio​​recommendations​​to​​Clients​​periodically​​in​​line​​with​​updates​​to​​the​
   ​Clients’​ ​Client​ ​Profiles.​ ​To​ ​facilitate​ ​the​ ​updating​ ​process,​ ​Fundify​ ​sends​ ​periodic​
    ​communications​ ​to​ ​Clients​ ​reminding​ ​them​ ​to​ ​make​ ​any​ ​necessary​ ​updates​ ​to​ ​their​
     ​Client​ ​Profiles.​ ​Clients​ ​are​ ​encouraged​ ​to​ ​update​ ​their​ ​Client​ ​Profile​ ​in​​the​​event​​of​​a​
      ​change to the information previously provided.​

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​Risk of Loss​

​ lients’​ ​Portfolios​ ​are​ ​not​ ​fully​ ​diversified​ ​and​ ​are​ ​not​ ​intended​ ​to​ ​be​ ​a​ ​complete​
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​investment​​program.​​Fundify​​does​​not​​guarantee​​the​​future​​performance​​of​​any​​Client’s​
 ​account​ ​or​ ​Portfolio.​ ​Clients​ ​must​ ​understand​ ​that​ ​investments​ ​made​ ​via​ ​the​ ​Platform​
  ​involve​​substantial​​risk​​and​​are​​subject​​to​​various​​market,​​currency,​​economic,​​political,​
   ​and​ ​business​​risks,​​and​​that​​those​​investment​​decisions​​and​​actions​​will​​not​​always​​be​
    ​profitable. Clients may lose some or all of the amount invested.​

​ he​ ​price​ ​of​ ​any​ ​security​ ​can​ ​decline​ ​for​ ​a​ ​variety​ ​of​ ​reasons​ ​outside​ ​of​ ​Fundify’s​
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​control,​ ​including,​ ​but​ ​not​ ​limited​ ​to,​ ​changes​ ​in​ ​the​ ​macroeconomic​ ​environment,​
 ​unpredictable​ ​market​ ​sentiment,​ ​forecasted​ ​or​ ​unforeseen​ ​economic​ ​developments,​
  ​interest​ ​rates,​ ​regulatory​ ​changes,​ ​and​ ​domestic​ ​or​ ​foreign​ ​political,​ ​demographic,​ ​or​
   ​social​ ​events.​ ​There​ ​is​ ​no​ ​guarantee​ ​that​ ​Fundify’s​ ​judgment​ ​or​ ​investment​ ​decisions​
    ​about​ ​particular​ ​securities​ ​will​ ​necessarily​ ​produce​ ​the​ ​intended​ ​results.​ ​Fundify’s​
     ​judgment​ ​may​ ​prove​ ​to​ ​be​ ​incorrect,​ ​and​ ​a​ ​Client​ ​might​ ​not​ ​achieve​ ​his​ ​or​ ​her​
      ​investment objectives.​

​ hen​ ​evaluating​ ​risk,​ ​financial​ ​loss​ ​may​ ​be​​viewed​​differently​​by​​each​​Client​​and​​may​
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​depend​​on​​many​​different​​risk​​items,​​each​​of​​which​​may​​affect​​the​​probability​​of​​adverse​
 ​consequences​ ​and​ ​the​ ​magnitude​ ​of​ ​any​ ​potential​ ​losses.​​The​​following​​risks​​may​​not​
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