News for hackers. Stuff that matters.
Re:Ask HN: Is an Autonomy Fund a viable business model? by carterschonwald on Saturday April 20, 2013 @12:39PM (#5581909)
Yes I agree with that. But profit sharing with employees is per se taken from revenue left over after operating costs and such, profits are what you distribute to share holders.

I agree with what you're saying, I'm mainly quibbling with the language of the structure of the proposed investment instrument. It would be very easy to do some Hollywood style accounting so that the business owner and employees all get a fraction of gross revenue after costs, but any investor would get zilch for all time.

I know little of accounting, but I know that much :-)

(This is of course orthogonal to the ethical / moral dimensions)

Re:Ask HN: Is an Autonomy Fund a viable business model? by usea on Saturday April 20, 2013 @01:06PM (#5582037)
That's a good point, which I hadn't thought of.