[dperfect]

I'm familiar with how residuals work (and sometimes go unpaid), but in my opinion that's not a flaw in the idea itself, but rather a question of regulation and/or better legal work (in the contracts) to prevent studios from exploiting loopholes.

Earlier in my career, I was the victim of similar shenanigans when it came to startup equity (promises of equity that never materialized), so it's not like the traditional path to IPO precludes deception and exploitation. My point is, with proper legal boundaries, a system of compensation with increased transparency is fairer than the current one that essentially uses a startup lottery to attract employees.