I saw someone on ebay offer 10% of all future earnings for XXX some years ago. I immediately liked the idea because it could really help some smart, motivated, & broke students take risks (college, startup, w/e) and not worry about money immediately.
Without a doubt if someone had offered me 100,000 for 10% of my earnings when I was 18-24 it would have been a great deal for them and I would have taken it. But, there are legal issues with indentured servitude (I looked it up because the concept facinated me).
If we could offer equity stakes in ourselves that were legally binding - then we could use people & companies to fund the best students in exchange for future earnings. The amount of money that would flow in would dwarf the government.
Imagine the Bill & Melinda Gate Foundation purchasing equity in 10,000 up & coming students. The dividends from that would end up in a very advantegous loop. But then instead of companies being treated as humans we would have to allow people to be treated as companies.
Without a doubt if someone had offered me 100,000 for 10% of my earnings when I was 18-24 it would have been a great deal for them and I would have taken it. But, there are legal issues with indentured servitude (I looked it up because the concept facinated me).
If we could offer equity stakes in ourselves that were legally binding - then we could use people & companies to fund the best students in exchange for future earnings. The amount of money that would flow in would dwarf the government.
Imagine the Bill & Melinda Gate Foundation purchasing equity in 10,000 up & coming students. The dividends from that would end up in a very advantegous loop. But then instead of companies being treated as humans we would have to allow people to be treated as companies.
I for one would love such a system.