On 15 June 2010 12:38:18 UTC+1, senake <[email protected]> wrote:
> Hi Everyone,
>
> I am interested in getting your views on our sustainable solution to 
> enterprise and employment creation which facilitates the following:
>
> (1) The "funding" of business start up with peoples spare time and resources 
> - currently less than 3% of even investor ready, high growth venture 
> propositions succeed in raising finance.
> (2) Enabling individuals to help create their own well paid jobs by help a 
> start up get to market by working on an initial premium priced, but paid out 
> of revenue basis.

What sort of tasks do you envisage these individuals doing? I'd be
wary as a startup founder of having too many people working on small
tasks - even if payment is deferred. The amount of admin time would be
prohibitive.

I've always found examples more digestible than statements of intent.
Perhaps you could present this as "Bob had an idea for a widget. Steve
put in four hours a week on industrial design and Mary three hours a
week marketing. Both were on deferred payment of 2x market rates. blah
blah ... The company IPOed and now they all have yachts".

Cheers,
  Edmund

> (3) Reducing or eliminating the ongoing cost of employment and enterprise 
> support services by getting them paid for on the same premium 
> priced, deferred payment basis.
> (4) Minimising lost tax revenues due to informal collaboration and bartering 
> - our platform minimises repayment risk by enabling revenue distribution by a 
> bank or payment processor.
> (5) An increase in the number of later stage investable ventures boosting the 
> recovery.
> Details on the solution can be found at www.piefinance.com
>
> Your thoughts on it's merit and drawbacks would be much appreciated, together 
> with any thoughts on how it could be rolled out for maximum public benefit.
>
>
> Kind regards
>
>
>
>
> Senake Atureliya
> CEO
> Pie Finance Ltd & Pie Finance (Not for Profit) Ltd, London
> [email protected]
>
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