Hybrid Icing
kiwifarms.net
- Joined
- Aug 9, 2020
There is practically zero chance anyone in the crowdfunding will see anything more than a nominal return in the event of an acquisition. Say that some hypothetical big moneyed moron wants to buy out fishtank for, oh, pick a figure, $15 million.So ideally this goes so damn well that investors get dividends, outside of that the other scenario would be a some kind of buyout/aquisition:
One way you could structure that is that each shareholder gets their proportional share of that money. If there are one million shares, each would get $15. That'd be fair.
But if you're Sam, you structure it such that shareholders get made whole, with a little profit--say $1.2 million goes to them--and Sam and the gang gets a nice $13.8 million talent contract to keep them working. The acquirer doesn't really give a shit either way so long as the total price is right.
In a normal corporation shareholders could stop that kind of thing, but here, you have no board seats and the money at play is too small to sue over anyway. People should REALLY assume that they're just making a big gift to Sam Hyde with this thing.