The idea is that everyone is working on their own side project half of the time. If other members of the team collaborate it is in exchange for equity. No one i

The idea is that everyone is working on their own side project half of the time. If other members of the team collaborate it is in exchange for equity. No one is being asked to work on a startup they are not interested in. Hopefully a group of entrepreneurs that are working together to create startups are also helping vet each others ideas. Going back to other people's comments, the team dynamics would be pretty important. If you think of your partners as inmates in an asylum the whole thing is probably doomed to failure no matter who is providing direction. I actually have started a company with savings, which was enough money to support one person (me) for a year. I doubt I could have found other people who happened to be temporarily financially independent at the exact same time and interested in my idea. This way seems more practical to me.