The Lost Seas
Immediately after arriving in Tyr and warning the Tyrian Guard of the approaching Urikite army, Birel Windchaser got her hands on as much capital as possible (selling the paw of the Golden Lion of Urik she’d stolen, cashing out all of House Shom’s debts to the Zatla Cowboys, mortgaging the land the Zatla Cowboys were receiving as payment for their services in Makla). With that money, Birel made a series of investments and signed a range of long- and short-term contracts that looked incredibly foolish and risky—essentially guaranteed to lose her money unless a very specific set of circumstances came about in a very specific timeframe: namely, a full-scale war breaking out in the next couple of days.
When news of the approaching Urikite army begin to make its way through the city over the next day, Birel’s contracts and investments looked positively brilliant. Overnight, her investment dectupled, and she quickly needed to claim a large section of the Sky Singers’ tent in Tyr’s Elven Market in order to manage her trading.
The Zatla Cowboys visited Birel and chose to keep their money invested with the business rather than being bought out immediately for 15,000 dragons apiece.
Initial investment: 50,000 dragons
Current value of business: 642,453 dragons (through 30 Breeze, Year of the Wind’s Reverence)
Ownership: 60% Birel Windchaser; 20% Zatla Cowboys; 20% Windchaser clan (Sky Singer tribe)
At any given moment, the business has access to no more than 10% of its value in liquid assets. More money can be accessed in an emergency, but it will damage the business as contracts and commodities are quickly sold off to competitors at cut rates.
The business will grow or shrink each month based on events in the world, as well as the behavior of investors (see below).
At the end of each month, an accounting occurs. Profits equaling 10% of a stakeholder’s stake can be paid out (from the month’s profits, without reducing the stake). Or, the profits can be rolled back into the business, making its current value higher the following month—for all stakeholders.
For example, the Zatla Cowboys own 20% (100,000 dragons) of the business. Each month, 10,000 dragons can be paid out to them. The Zatla Cowboys could instead choose to roll their 10,000 dragons back into the business, making its current value 510,000 dragons. The following month, all stakeholders will be paid out based on the new value (so the Zatla Cowboys will be paid out 10,200 if they choose to take it).