Ask HN: Would you sell your future earnings for cash today?
Was just reading about these guys who are looking to sell their future earnings for cash today.
http://www.thrustfund.com/
I think this was mentioned before, but would you do it?
Was just reading about these guys who are looking to sell their future earnings for cash today.
http://www.thrustfund.com/
I think this was mentioned before, but would you do it?
Comments
Its interesting, but no - I wouldn't do it. I'd rather try to accomplish my goals without taking any money - especially feeling like I'm literally selling part of myself.
So if I offered you 1 million for 3% of your future earnings, you wouldn't at all be tempted? What if the 1 million is tax free, cash in your account today?
I didn't say I wouldn't be tempted - of course I'd be tempted. I just don't think I'd take it. 3% could be huge over my lifetime.
There's nothing to stop someone bankrupting themselves to get out of the debt.
And if there was it would likely fall foul of anti-slavery laws and international treaties on the same.