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VAERT EvE ISK => RL money donations Emergency Relief Initiative

First post
Author
Vaerah Vahrokha
Vahrokh Consulting
#21 - 2012-04-08 22:52:15 UTC
Liberty Eternal wrote:
SadSad You'll be missed RAW. Thanks for all the high-quality posting and strong personal ethic you brought to this forum over the years. I hope Flakeys is right and that you'll be back Blink

Also - 35 bil? You'll need more than that unless you want me to knock you off the top spot one day. You know I will do it just to see your name below mine on that list Cool


It's 35B + 10B in the previous donation + other earlier donations. Pirate
Raven Ether
Doomheim
#22 - 2012-04-09 12:58:43 UTC
Nice ponzi scam scheme.
Vaerah Vahrokha
Vahrokh Consulting
#23 - 2012-04-09 14:29:09 UTC
Raven Ether wrote:
Nice ponzi scam scheme.


Yeah when I had almost 100B at hand I just cashed ou... oh wait.

The fund structure is made so that I actively encourage people NOT putting money in here but in "peer to peer" sister funds. Risk is partitioned across all the funds. Whatever happens to any of those funds including mine, the others can go on and succesfully honor their goal.

As of now if anything happened to me, the loss would be exactly 10.25B, 75% would still be safe in somebody's else hands.
Rykker Bow
Center for Advanced Studies
#24 - 2012-04-27 23:48:09 UTC
Kara Roideater wrote:

After consultation with VV we came to the mutual conclusion that this would not be the best way forward and VV returned the isk to me. I have now decided to leave eve and have signed over my 35bil invested with Grendell to the fund. This is a direct donation and not a management/investment agreement. The isk now belongs to the fund. Which I think allows me to nick the top donor spot from my great former business partner Rykker Blink



It’s with great sadness that I see you go RAW, I sincerely hope that this is just a hiatus and you’ll find yourself drawn back to the game in the not too distant future. I find the timing particularly upsetting in that I myself am getting ready to get back into the swing of things after my own hiatus and was quite looking forward to catching up with you, reminiscing on old times and seeing what schemes and plans we could have made for the future. Wherever you go I wish you the best of luck to you and yours.

I applaud your donation to the VAERT fund and humbly step aside from the top spot. Enjoy the spotlight my friend, you’ve earned it.

For my own return I look forward to talking to all my old friends and seeing who is the next up and coming star in the MD world. I do believe I may be in need of a small loan to get back on my feet in the near future. I’ll have to assay my assets and see what exactly I have available. By my last count I gave away 75 billion to friends, including some to the VAERT fund, when I left last year and a quick infusion to get things rolling again would be a great kick start. Keep an eye out for the next Rykker Bond.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Vaerah Vahrokha
Vahrokh Consulting
#25 - 2012-04-28 00:25:11 UTC
Rykker Bow wrote:
Kara Roideater wrote:

After consultation with VV we came to the mutual conclusion that this would not be the best way forward and VV returned the isk to me. I have now decided to leave eve and have signed over my 35bil invested with Grendell to the fund. This is a direct donation and not a management/investment agreement. The isk now belongs to the fund. Which I think allows me to nick the top donor spot from my great former business partner Rykker Blink



It’s with great sadness that I see you go RAW, I sincerely hope that this is just a hiatus and you’ll find yourself drawn back to the game in the not too distant future. I find the timing particularly upsetting in that I myself am getting ready to get back into the swing of things after my own hiatus and was quite looking forward to catching up with you, reminiscing on old times and seeing what schemes and plans we could have made for the future. Wherever you go I wish you the best of luck to you and yours.

I applaud your donation to the VAERT fund and humbly step aside from the top spot. Enjoy the spotlight my friend, you’ve earned it.

For my own return I look forward to talking to all my old friends and seeing who is the next up and coming star in the MD world. I do believe I may be in need of a small loan to get back on my feet in the near future. I’ll have to assay my assets and see what exactly I have available. By my last count I gave away 75 billion to friends, including some to the VAERT fund, when I left last year and a quick infusion to get things rolling again would be a great kick start. Keep an eye out for the next Rykker Bond.


Hello back, Rykker!

Glad to see you back, the lack of the likes of you was depressing.

If you need help, I'll borrow you some billions I have somewhere, I don't remember how many of them though. For 0% interest of course.
Vaerah Vahrokha
Vahrokh Consulting
#26 - 2012-05-01 23:29:37 UTC
I wanted to thank the following new Donors:

2012-04-28: 612,500,000 | Cash | Donor name: Grendell
2012-05-01: 25M | Cash | Donor name: Lauren Hellfury
2012-05-01: 100M | Cash | Donor name: Barakach


Of course RAW23's awsome fund donation made it possible for Grendell to send such amount as interest.
Vaerah Vahrokha
Vahrokh Consulting
#27 - 2012-05-07 14:34:23 UTC
Balance sheet has been updated to cover the past month till yesterday.

I'd like to publicly thank Samroski for his continued commitment! Not only he keeps sending me updates about his Sister Fund but he also keeps putting more money into it.
Vaerah Vahrokha
Vahrokh Consulting
#28 - 2012-06-07 14:55:59 UTC
Another month, another rising NAV balance sheet update P.

Once again, Samroski is doing an amazing job (it's hard to stay tuned for years in a low visibility, thankless service to the community). He also got to the 2B milestone, bravo!
Vaerah Vahrokha
Vahrokh Consulting
#29 - 2012-06-08 12:16:08 UTC
Today we had proof the earthquake that occurred in Italy was quite powerful. Besides destroying entire industrial areas, satelite measurements found out that the whole affected area terrain rose by 12cm (4.7 inches).

We still are experiencing quakes even as of today.

I have asked CCP if they could open PLEX donations to send there.
If they do, please put an hand on your heart and help us out.
Rykker Bow
Center for Advanced Studies
#30 - 2012-06-08 12:41:14 UTC
Vaerah Vahrokha wrote:
Today we had proof the earthquake that occurred in Italy was quite powerful. Besides destroying entire industrial areas, satelite measurements found out that the whole affected area terrain rose by 12cm (4.7 inches).

We still are experiencing quakes even as of today.

I have asked CCP if they could open PLEX donations to send there.
If they do, please put an hand on your heart and help us out.



Stay safe my friend and I'll hope for the best for all those affected.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Vaerah Vahrokha
Vahrokh Consulting
#31 - 2012-07-08 21:51:10 UTC
Donors list and balance sheet updated for the month of June 2012.
Grendell's rate didn't make in as it arrived on July 1st, this means we might have two rates entries in the next month.
Block Ukx
Winnie Blues and VB Crew
#32 - 2012-07-09 12:54:35 UTC


Vaerah Vahrokha ,
Is Vaerah Vain your alt?



Vaerah Vahrokha
Vahrokh Consulting
#33 - 2012-07-09 14:31:42 UTC
Block Ukx wrote:


Vaerah Vahrokha ,
Is Vaerah Vain your alt?



Yes, even if it's actually a bit older than this character.

Vaerah Vain would have been my main but as I realized I'd need a pilot in hi sec and one for PvPing in low / null sec I created Vaerah Vahrokha. Both were and still are almost photocopy characters (skills wise).

Why are you asking on this thread? I replied to you about this in the other thread already.
Block Ukx
Winnie Blues and VB Crew
#34 - 2012-07-09 17:54:04 UTC
Vaerah Vahrokha wrote:
Block Ukx wrote:


Vaerah Vahrokha ,
Is Vaerah Vain your alt?



Yes, even if it's actually a bit older than this character.

Vaerah Vain would have been my main but as I realized I'd need a pilot in hi sec and one for PvPing in low / null sec I created Vaerah Vahrokha. Both were and still are almost photocopy characters (skills wise).

Why are you asking on this thread? I replied to you about this in the other thread already.



You did? I think I missed it.

Thank you for clarifying that Vaerah Vahrokha = Vaerah Vain.


Alain Kinsella
#35 - 2012-07-22 09:16:30 UTC
I've sent a 'small' donation to the fund, as I'm unsure when I'll be back from the current round of 'vacation.'

Good luck, and I'll continue to watch things from outside.

"The Meta Game does not stop at the game. Ever."

Currently Retired / Semi-Casual (pending changes to RL concerns).

Vaerah Vahrokha
Vahrokh Consulting
#36 - 2012-07-22 09:59:34 UTC
Alain Kinsella wrote:
I've sent a 'small' donation to the fund, as I'm unsure when I'll be back from the current round of 'vacation.'

Good luck, and I'll continue to watch things from outside.


Thank you!

I'll check how much it is and will report about it both in the Donors list and the monthly accounting statements.
Vaerah Vahrokha
Vahrokh Consulting
#37 - 2012-08-04 21:26:48 UTC
A truly GREAT month for VAERT!

Highlights for the month of July:

- Updated balance sheet, Donors list and Sister Funds NAVs are out.

- We are back to above 50B unrealized base fund NAV.

- VAERT received a nice donation from Alain Kinsella.

- Miss Boobz sent some well appreciated donation as well.

- Samroski keeps showing off as the best long standing Fund Manager, not only he keeps sending regular updates but he keeps adding more ISK!

- Rykker Bow's bond has brought several donations. In particular RAW23 and Liberty Eternal keep contributing, they are some VAERT Vets, we are honored for their continued involvement.

More than 4B donated in one summer month show that VAERT is quiet but still alive and kicking!
Vaerah Vahrokha
Vahrokh Consulting
#38 - 2012-08-04 21:36:51 UTC
Changes in accounting

A message both for the Donors and CCP (in case they want to check the records): since June the donations are being processed on a whole "up to the last day of previous month" basis. The old method, while preserving each individual Donor name across the whole chain (from VAHCO or VAHFT to VAERT and various wallets inside each) created 4-6 times as many accounting records across 2-3 corporations. Moreover it did not define precise month boundaries, leading to error prone and not the razor sharp end of month accounting I desired.

Therefore now the donations are accrued in the VAERT Master wallet and bulk moved in the master fund dedicated wallet.
The donations that come after the end of the previous month statement are left on the master wallet till the next month.

Example:
Grendell sometimes sends RAW23's donation's rate on 28-30 of the month, sometimes on 1-2 of the next month.
With the previous accounting we'd get both in the same statement and zero ISK in the master wallet.

With the new one, the rates that "slip" beyond the end of the current accounted month are left on the master wallet and only the donations that effectively arrived from day 1 to 31 are summed up and then moved to the master fund wallet.

In case of RL emergency I will consolidate the yet-to-transfer ISK and move it all to the master fund wallet and then bulk donate to CCP.
Vaerah Vahrokha
Vahrokh Consulting
#39 - 2012-09-08 22:07:18 UTC  |  Edited by: Vaerah Vahrokha
Donors list and balance sheet updated for the month of August 2012.
Vaerah Vahrokha
Vahrokh Consulting
#40 - 2012-10-04 06:41:54 UTC  |  Edited by: Vaerah Vahrokha
Donors list and balance sheet updated for the month of September 2012.

Curious detail: if I turned everything, including the Long Term Receivables, into PLEX, I could get about 101 PLEXes.

101 PLEXes at 19.95 (euros, but I think they convert to $19.95 if I lived in the USA) means 2014.95 euros / dollars.

Now, this is not a Rockfeller amount but it'd definitely help somebody, expecially for those emergency events that happen in poorer countries.

Just noting this down, so people can see that in appropriate numbers, we can reach out when needed and actually help real people with ISK we could have made just by boredly clicking PI or flipping orders.

And much of this comes from RAW23. How awesome some people can be.