More companies should open SPVs for their users when they raise a round of financing. Lots of companies are getting their beginnings on Farcaster (like Paragraph!). Users should be rewarded for helping use, provide feedback, and proliferate early-stage products
This is the future. Important to still have an anchor, reputable institutional investor.
I've always heard its tough to get users / ordinary people to be fractional investors in your company due to accredited investor requirements and the problem of alot of people on a single cap table. What am I missing?
Ownco is doing some cool stuff in this area. iirc the founder worked with Aragon for a bit then left to found this company https://www.ownco.org/
We are thinking about this but a big concern is our players are too young to participate.
100% agree. I've been involved in a few of these discussions with platforms over the years. Most dismissed it, some provided stock options (barely worth anything), and a small handful agreed. Most of these platforms didn't succeed, but the ones that agreed had a much stronger network of us for their next ventures.
Cc @thibauld and fairmint.com Also Eric and VentureClub.club