Unless (as in the majority of cases) the startup fails, in which case you now have an already broke entrepreneur getting a large charge on their credit card, which they probably forgot was coming.
Haha true. A monthly reminder would be key. Maybe a VC or Angel can chip in to back any defaulted charges. VC/Angels could only allow entrepreneurs to join their "secured" group after they are vetted.
Or maybe this could all be tied to a public profile like AngelList or Facebook, to ensure people aren't gaming the system. I'm just theorizing at this point...
Or maybe this could all be tied to a public profile like AngelList or Facebook, to ensure people aren't gaming the system. I'm just theorizing at this point...