A revenue-based security. A monthly cash return.
YourStreetFunds are built on the TIGRcub™ structure — Top-line Income Generation Rights Certificates. Investors participate in a portfolio company's revenue, not its equity.
From investor dollar to monthly distribution.
- 01
Investors buy fund shares
Investors purchase shares of a YourStreetFund — either a private placement or, in public funds, through a Business Development Corporation (BDC) election.
- 02
The fund issues capital
The fund uses that capital to invest in TIGRcub™ securities issued by qualified mid-market portfolio companies with $5M–$250M in annual revenue.
- 03
Companies pay revenue-share
Each portfolio company remits a contractually defined share of top-line (GAAP) revenue to the fund on a monthly basis. Payments continue until the security is fully amortized.
- 04
The fund distributes monthly
The fund aggregates those monthly cash-flows and distributes them to shareholders — creating a self-liquidating asset category built around cash yield.
What is a TIGRcub™?
A TIGRcub — Top-line Income Generation Rights Certificate — is a revenue-based security. Investors buy the right to a share of a company's future top-line revenues for a defined period or until a contractual return is met.
Listerine, Sears, Arby's, Dunkin' Donuts, The Beatles and Steven Spielberg have all used revenue-participation structures as the basis of investment contracts.
Companies keep 100% of their equity and control.
No IPO or acquisition required for investors to be paid.
Returns move with top-line performance, not stock-market volatility.
Payment terms are defined in a standardized security instrument.
Cash-flow arrives monthly, aligned to how businesses operate.
The broader marketplace for all TIGRcub issuances.
Three parties, aligned around cash-flow.
Investors
Receive monthly cash distributions from a diversified pool of TIGRcub securities held by the fund.
Portfolio Companies
Access non-dilutive growth capital without giving up equity, control or board seats.
Fund Managers
Deploy capital through standardized TIGRcub instruments, supported by YourStreetFunds documents and services.