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re: Human IPO: Man Sells Himself for $10,000
Posted on 4/17/13 at 3:00 pm to white perch
Posted on 4/17/13 at 3:00 pm to white perch
quote:
if the shareholders manage the "company" well (he gets an education, a good job, and starts making a decent income), will they get a percent of his income (dividends)?
I was originally going to say sure why not, but after thinking it through I don't know. You'd have to figure out who decides how much and when (is it the shareholders or management ie: the person).
If I knew my shareholders could force me to pay dividends whenever they collectively agree I might not have any incentive to get past a certain income level.
That's a tough question.
1
Posted on 4/17/13 at 3:07 pm to ZereauxSum
1) This is effectively what student loans are, except the gov't has totally messed up the actuarial part of student loans.
2) Yale did this one year. No tuition; just pay us 1% (or something) of your salary after you hit age 30. Problem is, it was voluntary, and the people who opted in were the people who weren't looking to make bank anyway, so there was a self-selection problem.
Here is an old article on it; I know there have been more recent follow ups
LINK
2) Yale did this one year. No tuition; just pay us 1% (or something) of your salary after you hit age 30. Problem is, it was voluntary, and the people who opted in were the people who weren't looking to make bank anyway, so there was a self-selection problem.
Here is an old article on it; I know there have been more recent follow ups
LINK
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