retroactive grants are cool but they require builders take on all the risk (build it and you *might* get *some* funding)

an alternative ✨proactive✨ approach:

kind of? key differences are:

1) funding (risk) happens before not after
2) flow of funds entirely onchain (verifiable, predictable)
3) uncapped upside (contributors receive pro rata exposure to project success)

"shares in a company" is a legacy/web2 way of framing it: not incorrect, but not really correct either

pooling resources and sharing upside go back even further than 400y so in that sense you're correct: there's not much different here. *how* we do that matters, and has changed a lot. besides fabric contribution tokens, there's no technology or single financial instrument that contains all the properties you identified

Shares in a company are literally 400 year old ideas, so safe to say not web2 😉. Venture/angel investing has a similar profile of funding/risk. Stocks have potentially uncapped upside, see the chart of Berkshire Hathaway class A shares. I still don't see the difference in the fundamentals but am open to being wrong.