Pando

The income pooling company

4 followers

The income pooling company

4 followers

Pando has created a new financial tool for people in high volatility careers. We connect individuals with similar expected earnings and provide tools for them to pool a fraction of their future income. Our clients include entrepreneurs, MBA's and pro-athletes.

This is the 2nd launch from Pando. View more

Pando

Building a future where we're better together

Platform to set up & manage income pooling agreements for collectives. The members will agree to give a small portion of their future earnings into a common pool that will be distributed evenly. If somebody succeeds, everyone in the collective is benefiting

Free

Launch tags:

Freelance

Launch Team

Robin

Hunter

Very interesting concept for the winner-takes-all economy! You can find the Techcrunch article here: https://techcrunch.com/2020/06/0.... I especially liked this section of the article mentioned above: “Warren Buffett believes in himself. And yet, he has a portfolio of companies that he’s invested in. Venture firms believe in their ability to pick winners. And yet, you’ll never find one that has a single investment as their portfolio strategy,” Olson said. “Your agent is proud of you. And yet, he has a stable of clients, and he’ll make money from the one who makes the most. Why are you the only one that owns 100% of your own upside?” He said that argument and the cooperative feel of a pool helps to close deals." I think that PandoPooling can be really interesting for all bootsrappers & indie devs out there and that this kind of kind of business collective is getting more and more popular. What do you think about this company and its concept?

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4yr ago

Michael Silber

Product Hunt

@robinkunz I really like this idea in theory. Something in my brain triggers a reaction that buying into a new type of arrangement like this is itself risky, when it doesn't appear to be. I guess the most important element of this is the vetting and pool formation process. Creating a better understanding of this process is what would move someone like me to go further.

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4yr ago

Charlie Olson

Maker

@robinkunz @product_at_producthunt We've built a marketplace to help you make an informed pooling decision, complete with recommendations and an easy pathway to vet / get comfortable with the pool that's right for you. And the pool is built on top of a legal contract that ensures the arrangement itself isn't risky. Happy to answer more questions (I'm the CEO of Pando) at charlie@pandopooling.com!

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4yr ago