3 ms·
For one thing, you'd have to trust the people that you pool with by quite a stretch.
by troels 13y ago
For one thing, you'd have to trust the people that you pool with by quite a stretch.
- apercu 13y agoGreat idea, in theory. But even if you simply shared equity across, say, a 20 or 30 person company. The agendas, the politics, the perceived golden handcuffs because of equity ownership. Hard to start a business with 20-30 people. Even if those are your 20 best friends. Now multiply this across dozens of companies. Plus, most startups give options, not equity unless you are a very early employee.
- danieltillett 13y agoI think you get most of the benefit of diversification with as few as 8 stocks [0], so if you kept each of the pools small you could avoid a lot of the scaling issues. [0] http://en.wikipedia.org/wiki/Diversification_(finance) http://en.wikipedia.org/wiki/Diversification_(finance)