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Don't be ridiculous. That's not how it works. Every dollar, and then some, needed to be spent on the headsets. Oculus wasn't going to give away 10% of the compa
by forrestthewoods 13y ago
Don't be ridiculous. That's not how it works. Every dollar, and then some, needed to be spent on the headsets. Oculus wasn't going to give away 10% of the company in exchange for negative dollars.
If the SEC does allow equity via crowdfunding you'd have to be relatively insane to take them up on the offer. It just doesn't make sense.
- tim333 13y agoI think a lot, probably most companies on Kickstarter would be ok giving 10% of equity to their backers if it was legal.
- pushrax 13y agoI don't understand your reasoning – the point of selling equity is to have more money available for immediate use. If they had followed this path, they might have raised even more capital.
- forrestthewoods 13y ago$300 doesn't get you a headset AND equity. You might take $300 from person A to manufacture a headset to sell to person B for $300. But person A doesn't get both.
- sgk284 13y agoIs there a fundamental reason why Person A can't get both? Equity costs nothing to give out (excluding legal / accounting overhead) and could serve as a great incentive. Effectively, a project would say "Hey! Give us $300 dollars. We might get you this product we're trying to build, but we also might fail at delivering. Here's some equity too, to help compensate for your risk."
- qq66 13y ago> Equity costs nothing to give out Only if your company isn't worth anything.
- anigbrowl 13y agohow about $400 getting you a headset and $100 of equity? You're being obtuse.