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by BinaryIdiot
3726 days ago
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Interesting concept to help start-ups get essentially free labor but that's also its biggest issue. Shares are good and all but until there is an event in which a share holder can liquidate they're essentially worthless (there are obvious exceptions but only a few). Since a vast majority of start-ups fail this would amount to free labor. Granted if the problem is interesting enough that could be okay but the percentage is going to need to be drastically higher. Like 50% in my opinion. > Note: I am already involved with a startup of my own, but I am gladly offering this idea to anyone interested in pursuing it. I feel like this isn't really in the spirit of Apply HN |
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