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Crowdfunding could be a powerful way to fight against monopolies. For instance, if a town's population cares enough, they can decide on their own to invest $50
by fragsworth 13y ago
Crowdfunding could be a powerful way to fight against monopolies.
For instance, if a town's population cares enough, they can decide on their own to invest $500-1000 per person in a series of fiber cables (and get equity for it), making the initial costs more appealing to everyone involved.
Then the crowdfunding participants would receive dividends on the lease payments for the lines.
- STRiDEX 13y agoYour example sounds like something more in the realm of taxes, but I get where you're going.
- fragsworth 13y agoWell, taxes are imposed on everyone. In this case, only people who want to participate in the investment would pay for it.
- kiba 13y agoYou still have to convince the town residents to pony up the money or see it as a good idea.
- ianbishop 13y agoIsn't that what a traditional co-op is?
- andygates 13y agoOffering equity as well as gadgets is an interesting spin on the co-op model. It works well enough; generally it's chosen for something that doesn't want explosive growth but instead is serving a community -- and that might not gel with the "get rich" urges of some startup types.
- serge2k 13y agoThen the cable company improves their service and everybody wins. Wait sorry, I meant they toss a bunch of money to the politicians and they make those crowd funded ISPs illegal.