It'd be messy, presumably you'd structure it as a loan with a special repayment scheme. Having such a weird financing structure would (1) put off other investor

It'd be messy, presumably you'd structure it as a loan with a special repayment scheme. Having such a weird financing structure would (1) put off other investors from investing (2) create an incentive for companies to mimimize the profits shown on their books (ala the movie industry).