4 ms·

Did Seth Godin just invent taxes?

• netcan 17y ago
  voluntary taxes
• InclinedPlane 17y ago
  He "invented" royalties for investors. Typically the royalties go the other way, because it's not just financing, it's also production, distribution, promotion, etc. (for books, movies, music). But more and more that's changing. Most startups are generally self-sufficient except for money. It's a sensible idea which, if put into practice, might result in funding of a wider range of startups. As Godin pointed out, a lot of VC funding is highly stilted toward businesses that can sell out in a short time frame (go public or get bought), not just businesses that can become profitable in that time frame.
  • cwan 17y ago
    Royalty-based financing is not a new idea and one that is being increasingly explored (a trend that started on the east coast if memory serves). A few links: http://blogs.sun.com/sun4startups/entry/vcs_look_to_royalty_based http://blogs.sun.com/sun4startups/entry/vcs_look_to_royalty_... and http://www.technologytransfertactics.com/content/2009/10/21/royalty-based-venture-financing-could-shake-up-vcs/ http://www.technologytransfertactics.com/content/2009/10/21/... edit - more here on the origins of the idea: http://www.xconomy.com/seattle/2009/10/07/royalty-based-venture-financing-born-in-boston-could-shake-up-vcs-and-startups-from-new-england-to-the-northwest/ http://www.xconomy.com/seattle/2009/10/07/royalty-based-vent...
    • netcan 17y ago
      Nothing new under the sun?