Equity markets for individual products. Essentially, a company with a design for a new product creates a Kickstarter-like campaign where you can back the product, but in addition to (or instead of) getting the product when it’s released, you get royalties on each one sold (e.g. a company promises $5 in royalties per unit sold and sells that for $250k, and investors can buy fractions of that).
This would enable companies (and individual inventors?) to de-risk and apply wisdom of crowds to new product development.
Equity markets for individual products. Essentially, a company with a design for a new product creates a Kickstarter-like campaign where you can back the product, but in addition to (or instead of) getting the product when it’s released, you get royalties on each one sold (e.g. a company promises $5 in royalties per unit sold and sells that for $250k, and investors can buy fractions of that).
This would enable companies (and individual inventors?) to de-risk and apply wisdom of crowds to new product development.