I really like this concept and analogy of having an equity in Bitcoin that Jack shared in Madeira. For a long time now I was trying to figure out how it works for innovators and entrepreneurs in an open-source environment like Nostr. I thought Jack positioned this really well in one of his talks.

In startups or nascent businesses, the founders and the early employees often take home measly salaries for a few years but they have equity in the company with a vesting schedule.

The technicalities are slightly diff, in a typical startup environment, employee share options gives you the rights to purchase shares at a predetermined price when the vesting schedule is met (strike) - in hopes that in a few years, the value of the company will go up.

Similarly, the grants that pay in Bitcoin are likened to having some equity in bitcoin, but it is entirely up to you what you use to keep and what you use to spend.

Another concept that Jack shared was long term grant holders to provide some stability among developers so that they can breathe easy and build their business of sorts over a few years. What this shared concept then takes away are paint points such as high operating cost, having employees etc.

I’d also reckon other elements that go into building businesses such as design, marketing are independently formed but shared by many.

What this could mean (and pls cross check with nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m, nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx, open sats team and other grant providers) is that if you are in marketing, publicity, PR, engaging and educating users, sales etc - ie non-developers but business builders - then you could possibly form business strategies on how you can help several developers here expand in these areas and apply for grants for it.

I’m sure there are many ways, but I love how this now becomes very easy to visualise growing businesses on Nostr and open-source environments.