Member Equity Program
You are not just a member.
You are an owner.
The first 10,000 Provenance members receive real equity in the company — not points, not perks, not a discount. A stake. On a sliding scale that rewards the people who arrived first and believed earliest.
Scroll
The Intention
We built this because alignment matters.
Every early customer of a new company takes a risk. The product is not yet perfect. The processes are still being refined. The team is still learning what works. Early adopters absorb that uncertainty — and in the traditional model, they receive nothing for it beyond whatever the product delivers.
Provenance is built differently.
Our first members will shape this company. Their feedback will refine the model. Their patience when something goes wrong will give us the chance to fix it. Their referrals to friends at golf clubs, country clubs, and dinner tables will build the membership faster than any marketing campaign. Their 24 months of commitment will prove the model works.
That is not just loyalty. That is co-founding behavior. And it deserves co-founder economics.
The Member Equity Program is not a loyalty point. It is not a discount. It is ownership in Provenance Motor Club — the kind that becomes genuinely valuable if we build what we are building.
The Allocation Schedule
5% of Provenance Motor Club. Distributed to the first 10,000 members.
The earlier you join, the larger your stake. The structure is simple, transparent, and permanent.
10members
Cohort I
1%
100,000 shares each
100members
Cohort II
1%
10,000 shares each
1,000members
Cohort III
1%
1,000 shares each
5,000members
Cohort IV
1%
200 shares each
10,000members
Cohort V
1%
100 shares each
Why This Changes Everything
When members are owners, everything changes.
Feedback That Builds
Early members who hold equity don't just complain when something goes wrong. They engage. They problem-solve. They have a financial reason to want Provenance to get better — fast.
Referrals That Compound
A Provenance member driving a Porsche Panamera to the club is already a conversation starter. A member who also holds equity in the company has a genuinely different story to tell. Word of mouth becomes word of ownership.
Patience That Enables
Every new company has hiccups. The first months are where processes are stress-tested and refined. Early members who are also co-owners approach those moments differently — as collaborators, not critics.
Retention That Is Real
The 24-month vesting cliff is not a lock-in. It is an invitation to stay long enough to see what Provenance becomes. Members who are invested — literally — complete their terms at a materially higher rate.
Advocacy At Scale
The most valuable marketing we will ever do is a founding member telling a friend at a golf tournament what their equity stake is worth today — and what it could be worth in five years. No ad budget buys that conversation.
A Community of Co-Owners
At 1,000 members, Provenance is not just a fleet of extraordinary vehicles. It is a community of people who bet on the idea early and are building something together. That changes the character of everything — the events, the conversations, the way members treat the cars they drive.
What Cohort I Could Be Worth
What Cohort I could be worth
Illustrative scenarios based on company valuation. Not a projection.
| If Provenance is worth… | A Cohort I member holds… | |
|---|---|---|
| $10 million | $10,000 | Offsets your subscription fees. |
| $50 million | $50,000 | More than most members ever pay in. |
| $500 million | $500,000 | A meaningful return. |
| Carmax scale | $3M – $30M | Life-changing. |
Equity value is pre-dilution and depends on the company's actual capitalization, growth, and any future financing rounds. This is not a guarantee of value.
How Equity Vests
Commitment is rewarded. Not rushed.
Equity does not vest immediately — it is earned through your tenure as a member in good standing. The vesting schedule is designed to reward those who stay and contribute, not those who claim a spot and disappear.
Month 0
Join Provenance
Equity allocated.
Month 24 + 500 members
25% Vests
First cliff. Requires 500 paid members.
Years 3–6
75% Vests Ratably
Approximately 18.75% per year.
Year 6
Fully Vested
100% of your equity is yours.
Month 0
Join Provenance
Equity allocated.
Month 24 + 500 members
25% Vests
First cliff. Requires 500 paid members.
Years 3–6
75% Vests Ratably
Approximately 18.75% per year.
Year 6
Fully Vested
100% of your equity is yours.
The 24-month membership cliff aligns directly with the base subscription term. Members who complete their first two years not only receive the best subscription economics — they also unlock the first tranche of their equity. One decision. Three benefits.
Perspective
The average new car payment is $767 a month. It comes with zero equity.
Every month you finance a new mainstream vehicle, you absorb depreciation, pay interest, and receive nothing in return beyond transportation. The vehicle is worth less the day you drive it off the lot than the day before.
Provenance members pay a comparable monthly for a materially better vehicle. And a small portion of every payment is effectively building equity in the company that made that access possible.
No mainstream manufacturer, no dealer, no leasing company has ever offered their customers a stake in the business. We are not aware of any automotive subscription service that has either.
This is genuinely new.
Your spot number is your
equity position.
The clock is running.
Every member who joins before you increases the value of every future member's equity by proving the model works — and increases the value of yours by making Provenance more valuable.
Equity grants are subject to securities counsel review and regulatory compliance. Vesting requires membership in good standing for 24 months and a minimum of 500 paid members. Full terms provided at the point of commitment. This page is for informational purposes and does not constitute an offer of securities.