What if all founders contributed $10 every month to a pool. And got virtual coins (utility tokens) in return.
And one most deserving startup got the pool every month. (Decided by the collective after a demo day every month)
If and when that startup manages to get an exit, then the returns are added back to the pool to invest in more startups
And you can can sell your virtual coins back to the pool or other founders at any point to cash out.
Would any of you know of anyone doing something similar. Thanks