The Fairshare Model

The Fairshare Model is a book I’m writing about a performance-based capital structure for companies that seek venture capital via a public offering.  I call it The Fairshare Model because it aligns the interests of investors and Fairshare Model book cover rev 3employees.

You can read the first chapter and pre-order the book at this link

The publisher, Inkshares, will assign editors and others to the project once 250 people pre-order a copy. It relies on reader interest when deciding which project to support.

The book will be available in print and e-book format approximately five months after the pre-order threshold is crossed.

Since Spring 2013, I have “crowd vetted” my draft material here, hoping to receive critical comments, concerns and suggestions. In particular, I look forward to messages that begin “The Fairshare Model will not work because ____”, “What about ______?” or, “Have you considered _____?”

Click on the “Resources” tab above. You will find a full draft of the book, which has seventeen chapters so far. The first chapter on Inkshares is different from the first chapter on this website. The Inkshares version reflects my latest thinking on how to present the material that is in chapters one and two from the full draft.

If you have time for just one, I suggest the chapter called The Tao of the Fairshare Model. It addresses how a capital structure allocates uncertainty. It also describes the most remarkable quality about the Fairshare Model–it provides venture-stage companies a reason to offer public investors a low valuation. 

I have about 95%of a full draft complete. As I work on new chapters that deal with behavioral finance, game theory, secondary market valuation and some other wonky issues, I am investigating options to publish. Right now, I’m considering using crowdfunding to raise the money to have the book edited and prepared for publishing.

I’m grateful for every bit of feedback I receive–it affects the end result.

The Resources tab also has slide decks that I have used to present the Fairshare Model.

I hope you find the Fairshare Model compelling.

Karl M Sjogren