Some entrepreneurs are trying to sell percentages of their future earnings to raise capital.
An interesting concept.
I have seen poker players and professional golfers do this but never an entrepreneur.
I would love to review a contract as there are some tricky legal considerations involved. Especially related to non-performance, personal bankruptcy, marriage, and divorce.
But it is a very novel idea.
It never fails to amaze me as to the creativity of people.
And to my nephew, thanks but no thanks. I have no interest in being paid in french fries.
