nowfound

Commerce · May 30, 2020

Pando

The income pooling company

Pando launched on May 30, 2020 with 9 votes, #1,177 of 4,813 launches that month and more than 50% of that year's launches. The site was still online in September 2026, 6 years on.

What it does

Pando has created a new financial tool for people in high volatility careers. We connect individuals with similar expected earnings and provide tools for them to pool a fraction of their future income. Our clients include entrepreneurs, MBA's and pro-athletes.

Income pooling and liquidity products for high potential founders. Diversify risk, participate in each others’ upside, and accelerate growth through peer-vetted founder communities.

Realize your potential by participating in other founders' upside and accessing personal liquidity, all with the support of a financially-aligned community. Welcome to the first financial ecosystem centered on your potential. You are ambitious and have incredible upside, but you currently have the vast majority of your net worth tied up in the potential of one volatile, illiquid asset: your company. An Income Pool is a group of individuals who agree to contribute a small portion (e.g. 3%) of their future earnings above a certain threshold (e.g. $1M in annual earnings) to a “pool” If a pooler's annual income exceeds the hurdle rate, then the difference between their income and the hurdle…from pandopooling.com

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Source: Product Hunt launch ↗

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