Would you pay interns with equity/cryptocurrency?

in #startup7 years ago (edited)

We all have been there

Or know someone that has. Summer comes along and with so much competition in front of you; you had to settle for an unpaid internship with promises of a rewarding environment, experience, or future career at that company.

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Call it what you want, ethical or not, it is not correct for companies of all sizes to get away with free labor. Many of us are left with no choice but to comply, our smart friends comfort us by saying "look at the future, it will we worth it" but we are stuck with expenses to pay. Rent, food, transportation, not all of us have a cushion or support, and stipends that can pay some part of the burden.

I believe that if someone has the time, and will to work for free. They should utilize it to build a personal brand rather than building it for someone else.

Introducing Stufound


A third party startup that will pay the salaries and wages of top interns in exchange for a share in the startups Cryptocurrencies or stocks the interns will work at. This way, interns won't have to worry about their expenses as much, and could focus on working better. Companies that are part of our program will see their brand grow tremendously due to motivated and skilled talent working for free.

I want to call out all startup founders or cryptocurrency holders; what do you think? Would you let a third party startup pay your interns in exchange for equity/cryptocurrencies?

Stufound is already seeking investments from VCs firms to get this project on its feet. Our goal is to pay every single unpaid intern in America.

**********************************************************************************************This is the beginning of a series of me posting startup ideas I have written down, analyzed, and gathered feedback to start sometime.

If you would like to discuss ideas or join the Stufound team, email me at [email protected].

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