Monday, January 16, 2017 10:15:31 PM
"Innovators are big winners in this arrangement. Unlike traditional venture capital, Innovators Community does not require innovators to give up ownership in their ideas or companies. Instead, the innovators and the Innovators Community Corporation will share the sales revenue arising from the new product, service or technology on an appropriate basis. What could be fairer than that!"
Do I have this right? A company named ABC goes to Innovators Community for money to invest in their company. Then Eric dilutes WNBD to get that cash to invest in that company. Then any revenues raised through the money Eric raises for ABC is then shared with Eric's company Innovators Community?
What could be fairer for WNBD shareholders?
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