BEAR MARKET Human IPO wants you to buy shares in regular people Finally, we have a viable counterpart to Michael Scott’s iconic announcement, “I declare bankruptcy!” Now every midlevel worker in Silicon Valley is shouting into their apartments, “I’m going public!” That’s right: You can now invest in humans. Entrepreneurs and futurists are selling up to 500 hours of their time -- priced at 1 hour per share -- over at Human IPO. The NASDAQ is shaking Human IPO has been around since October, but it didn’t hit most people’s feeds until recent weeks. The idea is this: As the people behind the IPOs become more successful, their time will get more valuable. Let’s say you bought 10 shares -- 10 hours -- of Mark Zuckerberg’s time back in 2003, before Facebook launched. Probably pretty cheap. But now that 10 hours with Zuck is worth millions. For now, you can set your own share price. But Human IPO is working on an algorithm that uses LinkedIn and Glassdoor to automatically give you a price. Assigning values to people -- what could go wrong? You can imagine Human IPO making literal Silicon Valley’s pay disparities for women and people of color. What happens if the app starts placing higher price tags on one group of people? If all of this is giving you flashbacks to failed startups of years past, you aren’t alone. Human IPO shares a core pitch of Fantex Holdings, a disbanded company that let people buy shares in pro athletes. Not to mention: Human IPO’s general aura of dystopia feels a lot like Peeple, the “Yelp for People” app that launched in 2016. Want to know what it’s like to sell shares of yourself? Read our deep dive from 2017. from hustle
I had an idea for an investment vehicle over a decade ago but it was too intricate to push to the public, long story short the idea actually came about around 2 years ago.... Long story short this idea is a bit confusing, why not offer the damn actual shares of the ipo on the secondary market that the entrepreneur is backing, of course not, thats only for the big head honchos with tens and hundreds and billions of assets, not the little guy. By the time a stock goes public these days most of the return of tens of thousands of percent has already occured, so now we have the Human IPO. Yep.
The metamorphosis of Pareto distribution. A new branch/mix of recruiting agents & talent hunters will be born. It could be like a gambling. Let's say, that you have the cognitive ability's score list of 1 000 folks. And you place your bets, upon 100 of the best. The worse the background - the better the outcome. Cuz then, they're more likely to have the hunger. (got pretty intelligent friends, but they were brought with silver spoon, thus, they no ambition nor desire, for doing something big) *************************************************************************** Going to 3'rd world country, finding the young ones, who are really into the building/creating things, making a contract with em, financial support in exchange of the ,, shares '', bringing em back to civilization - maybe even having your own University for people like that. X-MEN academy ? Lots of options. Too much risk tho. (unless a proper allocation is applied) Better buying an ordinary equity. Even with the founder dead, the brand may remain strong on the legacy of one. Noneless, could be done as side activity + changing lives for folks. (and the initiator would be rewarded by his own brain, with sense of ,,fulfillment'', if the empathy is strong enough. Would be wise to look for a business partner, or someone for a high rank, among such agents, for your own bis. The irony of ,,hunting'' the ,,hunters'')
Now this is the kind of stuff that shows up in stock manias. I doubt the idea is viable - but if this company ever lists on the exchange, buy the hell out of it.
I doubt it goes anywhere. I can see "valuable" people getting poisoned to get diseases so that their 'share' goes all the way down and some huge fund shorts them all. really dark stuff.
Sounds like free money for insiders if this actualizes... If you knew you'd be a public billionaire you just get your spouse to buy all the shares/hours prior and just sell a few years later.
I think David Bowie was the first human to tap Wallstreet. Dubbed Bowie Bonds. He raised 55 million. https://www.investopedia.com/terms/b/bowie-bond.asp