Dear Readers,
Would you ever imagine an investor giving you an amount X to participate at a percentage of your lifelong income?
This is what the Thrust Fund suggests:
"Here's how it works:
Thrust Funders learn about Entrepreneurs.
When the Funder sees an Entrepreneur of interest, she or he submits an inquiry to that Entrepreneur and coordinates a time and manner to discuss passions, plans, and pursuits.
When a Thrust Funder decides to support an Entrepreneur, she or he may negotiate exactly what that support will look like. "
The sample contract is shown here:
http://www.thrustfund.com/documents/contract.pdf
The investment is done one to one, no diversification like usually with a fund concept. The current entrepreneurs seeking finance are shown here:
http://www.thrustfund.com/biographies.html
Could such a model work in the Muslim world? Any Sharia restrictions to be imposed for the sake of justice?
Let's start thinking!
Best regards,
Michael Saleh Gassner