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This will fail because... property owners just want the cash: they have mortgages to pay. They also are not experts at evaluating startups. Do you think more p
by cjg 13y ago
This will fail because... property owners just want the cash: they have mortgages to pay. They also are not experts at evaluating startups.
Do you think more people want to own startup equity? You should find a way for them to do this, perhaps make it easy to invest like a VC - kickstarter with equity.
- ada1981 13y agoThanks cjg! do you think there might be a class of property owners who aren't that interested in renting (a room, cottage, etc) to a random person, but might be interested in helping a start-up? Def like the idea of micro-equity crowdfunding. Surely with the jobs act people will be setting up these sorts of outfits (I think some already exist).
- cjg 13y agoYes I think you are right. There are people who would be interested in renting probably relatively small spaces under certain conditions that are not full leases. For example a spare room to a friend for a beer, or indeed, a basement to a startup they thought was cool. Because in these situations it isn't about the money. The size of this market is probably fairly small and not very profitable - it isn't about the money. Also I wonder how long people would be happy with this arrangement. After a few months they might start to think it would be nice to have the basement back or that someone who pays the rent would be nice.