21,99 €
inkl. MwSt.

Versandfertig in 1-2 Wochen
  • Broschiertes Buch

The Fairshare Model is an idea for a performance-based capital structure that redefines capitalism at the DNA level, where ownership interests are set. When used to raise venture capital via an IPO, it balances and aligns the interests of investors and employees-capital and labor. Author Karl Sjogren utilizes highly approachable language, humor, and analogies, along with insights about capital markets. The result is an eclectic, yet inviting discussion that might occur in a graduate-level symposium on economics, finance, and philosophy. This groundbreaking book focuses on startup…mehr

Produktbeschreibung
The Fairshare Model is an idea for a performance-based capital structure that redefines capitalism at the DNA level, where ownership interests are set. When used to raise venture capital via an IPO, it balances and aligns the interests of investors and employees-capital and labor. Author Karl Sjogren utilizes highly approachable language, humor, and analogies, along with insights about capital markets. The result is an eclectic, yet inviting discussion that might occur in a graduate-level symposium on economics, finance, and philosophy. This groundbreaking book focuses on startup valuations-microeconomics. But it also considers the macroeconomic implications of the Fairshare Model for economic growth, income inequality, and shared stakeholding, as well as game theory and financing of blockchain projects. The Fairshare Model has two classes of stock-both vote but only one is tradable. • Investors get the tradable stock. Employees get it too, for actual performance. • For future performance, employees get the non-tradable stock; it converts to the tradable stock based on milestones. With this structure, public investors are more likely to profit when they invest in a company with high failure risk-because they have less valuation risk. By offering a better form of capitalism, The Fairshare Model is a movement book for our times.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Autorenporträt
A Detroit-area native, Karl Sjogren graduated with high honors from Michigan State University with a BA degree in business/prelaw and an MBA in finance. He is registered as a certified public accountant in Illinois and credentialed in turnaround management. After working for large manufacturers for a decade, he worked for 25 years as a consulting chief financial officer for early-stage companies in northern California. From 1996 to 2001, he was co-founder and CEO of Fairshare, Inc., which sought to build an online community of average investors interested in investing in early-stage companies. Fairshare was a forerunner for what is now called "equity crowdfunding," but with a twist. It sought to popularize the use of a novel performance-based capital structure for companies that raised venture capital from its members via an initial public offering. Before it went under in 2001, Fairshare had 16,000 opt-in members and attracted many more visitors than that to its website, which provided education about deal structures and valuation. Karl Sjogren resides in Oakland, California.