Nothing. Zero. Application, screening, NDA, discovery — all free. Veva covers entity formation. Your only investment is time and expertise.

Typically 4-8 weeks. Screening: 48 hours. NDA: 1-3 days. Discovery: 1-2 weeks. Qualification: 3-5 days. LOI: 1-2 weeks.

Apply anyway. Discovery is where we refine and pressure-test together. If it's not viable, we'll tell you honestly — that feedback alone is valuable.

That's the point. We're the technical team. You never write code, configure servers, or deal with infrastructure.

Yes. During build phase, expect 5-10 hours per week for product direction and early customer conversations.

You're exactly who we're looking for. This values deep industry knowledge and established networks, not youth.

We don't want one. Describe the problem in plain language — what's broken, who suffers, what should exist.

10% goes to the 2nd Chance Pool — a shared safety net across all ventures. That 10% buys you portfolio exposure worth far more than 5% in a single company.

No. Standard across all Bedrock ventures. The LOI allows negotiation on roles and milestones — not equity.

White-label: we adapt our platform with your branding. Build-to-fit: a new product on our infrastructure. We recommend the approach during Discovery.

Yes — often better than an empty one. What matters: do you have a niche and relationships? People buy from people.

TheHive: multi-tenant architecture, auth, security, billing, documents, workflows, reporting, and AI. Your product sits on top — we add your industry-specific logic.

New IP belongs to the venture entity. Pre-existing IP stays with its owner and is licensed in. Documented in the Shareholders Agreement.

Visit Veva Solutions (vevasolutions.co.za) for custom development on a project or retainer basis. Bedrock is specifically for equity co-founder partnerships.

Veva VC Group is a standard SA company holding 10% of every Bedrock venture. You receive 10 Class B shares. When any venture pays out, dividends flow to all Class B shareholders. No fund, no trust — just a company with shares.

When any venture pays a dividend or exits. The VC Group board declares a Class B dividend and it's split among all issued shares. Standard Companies Act mechanics.

Your 45% in that venture is gone. But your Pool shares survive. Other ventures succeed? You earn from those. That's the entire point.

Yes. Early joiners get dividends when fewer shares exist — bigger slice. Late joiners missed past payouts. Past dividends can never be clawed back. No complex vesting formulas needed.

No. A new venture adds a new 10%. More ventures = more diversification = more upside. Additive, not dilutive.

No. Veva provides platform, dev team, and infrastructure. Your contribution is expertise, time, and relationships — sweat equity.

No. Neither side draws salary. The venture pays people when it generates revenue.

Dividends from the Pool attract 20% Dividends Tax (withheld). The VC Group receives venture dividends tax-free under s10(1)(k). Consult your own tax advisor.

You. You decide what to build and for whom. Veva advises on feasibility and handles implementation.

Yes. Each venture board: you (or nominee) + Veva representative. Major decisions require both.

The SHA includes deadlock resolution: discussion, mediation, independent expert, buy/sell provisions.

Four: (1) Mutual NDA, (2) Letter of Intent, (3) Shareholders Agreement, (4) Pool Agreement. All signed electronically, ECT Act compliant.

Absolutely — we encourage it. Take everything to your attorney.

POPIA-compliant. AES-256 at rest, TLS 1.3 in transit, stored in South Africa.

Sell your 45% subject to Right of First Refusal. Veva gets first right. Valuation agreed upfront in the SHA.

If within 12 months: Pool shares never issued (deferred issue). After 12 months: you keep shares but lose board representation.

Shares pass to your estate. The SHA includes buy-sell provisions. Your family is protected.

Wind down per Companies Act. Your 45% = no value. But: Pool shares survive, NDA protects your IP, and you can apply again with a new idea.