Small experiment for now, but if we can prove it works we can get to the point quickly where *anyone* can show us their potential and we can take care of *everything* else. Everyone can quit bad jobs and spend 100% of their time getting to the place where they are most valuable.
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How does repayment work? Is the 17% paid back in the same two years, or more spread out?
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We add an extra year if there’s a $1,000/month living stipend and raise the cap
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Doesn’t that come to a really big monthly payment?
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It’s the same monthly payment, we add more time
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But am I paying you $700 a month if I’m making $50k?
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Already selected ?
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Selected some, will select others
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How much will this scale up? $1000 is probably fine for a single person, but it wouldn’t keep my fam afloat in the interim
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Will figure it out
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Do they owe more back under this model? Fine if that’s the case, just curious
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Yes, adds an extra year to income share agreement and increases cap
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Cool, makes sense. Guessing people would be glad to do that, to not have to come out of pocket for 7 months of living expenses - depending on how much inc on total cap. Big fan of what you’re doing and impact this will have
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Is all of this research and “free” offers a form of market(business) validation for Lambda? Just curious which strategies you are using as I continuously prep for my own entrepreneurial journey.
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Man I wish I could qualify for this. I wanna fight my guidance counselor.
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You are spoiling US citizens and residences :)
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Super exciting! Saw your post on Hackernews and applied for Full-Stack Web. Looking forward to the course.
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