[SomeCallMeTim]

I actually disagree.

As I understand it, the current model is that the people with money give it to the venture capitalists, and that it's the VCs who are the ones who interfere with the start-ups.

Presumably the idea would be that the "collective" would have on-staff consultants who both advise the start-ups and who convince investors that, in aggregate, the start-ups will make money.

Though I think the real problem with the VC model is the necessary "hockey stick" profit chart. The fact that a "lifestyle business" is considered a failure means that lots of functional, profitable businesses are forced to grow to the point that they really do fail.