Question, Deggen, just brainstorming/example:
Someone gives you 50k in exchange for a 1% of your personal (!) yearly income for 5 years (just an example!)
You have no risk, he has it, but you have more money to scale/accelerate your work/ideas
Why not?
— because if many people do this, then we have misallocated capital. People have fiduciary responsibilities in the corp model. They have limited liability. Remove that and creative people will not risk trying ideas because they must fear the lynch mob.
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1P64ThNtECjBzA98VsPCMF8igPekxt1abU Verified