MainStreet: Free Money for Startups

There should be Retroactive Public Goods Funding for those founders crazy enough to try something truly new that failed as a business but succeeded in creating useful mutations, maybe even ticker tape parades, and certainly not derision.

Venture capital actually does a pretty great job here (the beauty of the model is a subject for a future piece, ... See more

Spend Shifts to Perks and Software

This would have been a crazy idea in the world of “paperware”[475], in which fraud and mismanagement would surely be widespread. But in the world of software, every transaction can be tracked and documented in the cloud, as illustrated by Intuit’s solutions for the self-employed[476] or, in a more un-Western way, by the intriguing Chinese system of

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Technology, new fund structures, and regulatory changes are combining to work their magic here, too. Platforms like AngelList and Forge give regular (albeit, currently, high net worth) people the opportunity to access high risk, high reward venture investments, from early to late stage, and even in the public markets.

There should be Retroactive Public Goods Funding for those founders crazy enough to try something truly new that failed as a business but succeeded in creating useful mutations, maybe even ticker tape parades, and certainly not derision.

Provide access to increasingly large amounts of non-dilutive capital.

Based on the fact that most founders are builders, not CFOs, it’s a fair assumption that most founders aren’t naturally skilled capital allocators and so aren’t aware of all of the alternative methods large companies utilize to finance their businesses. What I see happening in B2B fintech is a sort of ‘consumerization’ of these previously unknown a... See more