tag:blogger.com,1999:blog-2208890564265615027.post2655602805785399145..comments2024-03-08T19:47:41.485+11:00Comments on Ascii Dreams: I need an economistAndrew Doullhttp://www.blogger.com/profile/11099404183952971291noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2208890564265615027.post-12910292017061389982009-01-14T07:09:00.000+11:002009-01-14T07:09:00.000+11:00Erm, I meant 50 total tickets, so add 10 to each o...Erm, I meant 50 total tickets, so add 10 to each of the numbers of tickets in my example. oooops.Swift Voyagerhttps://www.blogger.com/profile/01423345493202445215noreply@blogger.comtag:blogger.com,1999:blog-2208890564265615027.post-9019596243577359762009-01-14T07:05:00.000+11:002009-01-14T07:05:00.000+11:00This comment has been removed by the author.Swift Voyagerhttps://www.blogger.com/profile/01423345493202445215noreply@blogger.comtag:blogger.com,1999:blog-2208890564265615027.post-2280466322930032872009-01-14T07:02:00.000+11:002009-01-14T07:02:00.000+11:00First, you'd set up shares based on portions of th...First, you'd set up shares based on portions of the $1000 startup cost, say 10 shares for $100 each. Then the original 10 people can elect to buy any number of shares they want, just so long as all 10 shares are sold. Otherwise you don't have the funding to have a party. Then the original people become paying customers of the party company and they each must buy a ticket at the regular price. After all tickets are sold, the revenue from ticket sales is divided amongst share holders by proportion. If 35 tickets are sold, then the shareholders pay $20 just like everyone else. If 36-39 tickets are sold, then they pay less than $20 each. If 40 tickets are sold, then the shareholders get to party for free, and if more than 40 are sold then they make money and get to party too. Shareholders who contributed the most would benefit the most, and vice versa.Swift Voyagerhttps://www.blogger.com/profile/01423345493202445215noreply@blogger.com