The Structure · Two Family Holdcos

Who owns what.

Two holding companies at the top. Shared brands are joint ventures between them — inside the structure. Four splits are settled; everything else is deliberately TBD until counsel papers the operating agreement.

▼ shared brands · joint ventures between the two holdcos ▼
Brand / entityKiller HealthAVANCEStatus
LYPHWAVES 50/50 per the signed MOU between killer.health and AVANCE (Mortensen · Costa · Anthony). Mortensen Medical 501(c)(3) sits OUTSIDE both holdcos — arm's-length. Counsel: Kaveh Newmen.
Killer Health · Member Table

Roles set. Equity TBD by design.

Percentages get papered in the operating agreement — benchmark-gated, 4-year vesting as the working frame. Targets live in the notes, not in grants.

MemberRoleEquity
Comp guardrails: Mort takes $0 wages for 24 months · Elaine takes wages · GM equity is benchmark-gated · donation-in-lieu plan under tax review before any money moves. Josh + Crystal hold their side through AVANCE. Seed working frame: $2M at $50M post (V3 model) — not papered.