I think without real collateral, banks should not get into this. It is very easy to file papers, slap up a web site and put some whiteboards up in cheap office

I think without real collateral, banks should not get into this. It is very easy to file papers, slap up a web site and put some whiteboards up in cheap office, and have a "startup"; if you can get 200k a pop, vacuous startups will be manufactured at a great rate, very similar to how we manufactured $300k MacMansions for $100k a pop until that game blew up. The deposited money of ordinary citizens should not involved in something like you describe, and espeically not in collateralized startup obligations or insurance on the same or whatever else the dark-suited sociopaths will dream up. However, a VC or hedge fund might get into it, as long the investors are millionaires who can afford the losses and presumably have or can buy the educated understanding of the risks. On the other hand, if there were some sort of club or co-op I could join, that I could pay a small monthly fee, and that would then invest the aggregated fees in a new startup every couple of months, I might do that. Especially if I got to attend a monthly meeting, hear pitches from various people, network with other members and people in startups, and hopefully have an "in" should I ever apply for a job at one of the startups.