This is what it means to sell stock. Instead of "installments that'd grant the purchaser the tiny stake", say "shares". Instead of democratic options, let share

This is what it means to sell stock. Instead of "installments that'd grant the purchaser the tiny stake", say "shares". Instead of democratic options, let shareholders elect a board of directors. The main issue is that, in the US, the SEC regulates who you can sell to, what you can say to them, etc.; and forces you to give up regular, audited financial statements after a while.