Turns out partially enslaving high school children for $5000 for eight years generates some backlash.<p>And to think, that from a guy who is already set for life; what does it say about a person if they're already rich and entertain themselves by preying on young people for money they don't remotely need? Other opportunities abound (with a higher capex and effort barrier), but why work when you can be a vulture and buy half some kid's life for $5000?<p>It's good the terms have been revised, but the initial terms were so inconceivably shitty that I not only wouldn't do business with Gross, but wouldn't even do business with anyone who does business with him -- I don't want to contribute to the prosperity of people _THAT_ predatory.<p>But hey, at least you get an introduction to the network of other vultures.<p>edit:
the original terms were $5K and they get 3% of any company, even if unrelated to your funded project, that you start for the next 8 years, with the option to buy another few percent as well. So it was basically a slavery contract for n% of your life for essentially no money, passed off as a "fund your dreams" thing.