somewhere in… announces second year of operation a- and t-shares did you know that all talents of somewhere in... gets to own a part of our company? here we show you how it happens. finally the financials for the second year of somewhere in... operations is done -slightly later than scheduled due to somewhat longer implementation time of our own somewhere in... accounts. we are proud to announce the t-shares and the talents how now build up their ownership in somewhere in... we have set the internal rate of return to 50% annually meaning one must invest 15tk today to match a 10tk investment one year back. effectively it means that the earlier the investment you made in somewhere in... the more value for money you got. but of course, for the first talents that joined our start up this investment was more risky thus yielding higher return. hence, for new investors, the earlier you buy shares through savings, the more you’ll get (with 50% return on investment). for those investing, but not yet been ‘upgraded’ to owner don’t despare -your options will eventually, when "the styret" accepts, be converted to t-shares. new this year is the p-shares or project shares. there are certain projects that somewhere in... "styret" allows to be put up as separate investment (or separate virtual companies with its own profit and loss accounts). somewhere in... have currently issued p-shares for escenic bangladesh, somewhere in... accounts (where shahed has invested), somewhere in... music and digitania. more projects like somewhere in... blog may also be converted to the p-shares system. the methodology for buying p-shares is almost the same as for t-shares; somewhere in... will not go lower than 60% of the initial share (eg, if swi starts by owing 70% of a joint venture or a project the company will maximum sell down to 42% (=70% x 60%) of total. but enough technicalities, currently somewhere in…’s assets are financed by 88% debt of which 100% is owned by the start-up trio (no external debt). this debt is a non-yielding bullet loan with maturity some time in the future (time is not yet fixed). the equity is split 12% on t-shares and 88% a-shares (which is owned solely by the start-up trio). the t-shares will continue to grow until 40% so there is still ample opportunity to get a bigger hold of somewhere in.. as a company. when the somewhere in... accounts are fully operational the intentions are that in ‘my account’, the talents will be able to see their current t- and p-shares. for those not listed in as t-share holders, but have invested, it means your somewhere in... options are not yet converted into shares. this decision lies with somewhere in... styret where all t-share holders have a vote. we feel that it is important that all talents being part of creating somewhere in..., existing and new talents to come, have their ownership and can realise their own dream of a business, here within the business. there are as such no employees at somewhere in... only entrepreneurs and owners. have a colorful day, espen/head of growth, arild/head of opportunities, jana/head of alliances