19
Apr
10

sweat equity


It featured in the news that Sunanda Pushkar had on her own surrendered the sweat equity offered to her by Rendezvous Sports World, a member of the consortium that won the Kochi Indian Premier League (IPL) franchise.

So, what is sweat equity? Here is what Wiki has to say:

Sweat equity is a term used to describe the contribution made to a project by people who contribute their time and effort. It can be contrasted with financial equity which is the money contributed towards the project. It is used to refer to a form of compensation by businesses to their owners or employees. The term is sometimes used in partnership agreements where one or more of the partners contributes no financial capital. In the case of a business startup, employees might, upon incorporation, receive stock or stock options in return for working for below-market salaries (or in some cases no salary at all).

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Another attempt? Well yes. Attempting to figure out another sustainable model (there are some other attempts going on parallel-ly). Well, we have a lot of questions in mind. we read up stuff, we do some research to find answers to these questions. This is an attempt to publish that little 15-20 minute research.

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