Your horse company is a for-profit entity. If the horse is ultimately profitable—which is measured against the cost of purchasing the horse, training, and maintenance, and other costs associated with operating the horse series company—you can expect to receive a dividend. You are buying a stock in a particular series of an LLC that has been validly issued in compliance with applicable securities laws. We establish a series for each horse offered, and stock in that series is what’s being sold.

There are no out of pocket expenses after your initial purchase. The price of a share includes a prepaid amount for the care and training of the horse. In order to ensure the training and maintenance account maintains sufficient reserves race earnings are used to top off the account. In the event additional funds do need to be raised, MyRacehorse will have the option of issuing additional shares at whatever the market price is at that time.

Horses are living, breathing, fragile animals and no guarantees can ever be made about the outcome of an investment in a racehorse. Most investments lose money, some break even, a few are profitable, and a select few are extremely profitable. MyRacehorse is here to provide a marketplace to make investing safe, secure and fun, but we are not removing the risk from racehorse ownership.