The Fairshare Model

Karl M. Sjogren


exposure draft of a book-in-progress

expected publication - April/May 2015


A Performance Based Capital Structure for Raising Venture Capital via an Initial Public Offering (IPO)

By Karl M. Sjogren

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What's New:

  • Macro-Economic Context-Economic Growth (Chap. 6)

  • Macro-Economic Context-Income Inequality (Chap. 7)

Chapters 1 through 7 as of Jan. 29, 2015

Table of Contents

Chapter 1: Set-Up for The Fairshare Model

Chapter 2: The Fairshare Model

Chapter 3: The Problem with a Conventional Capital Structure

Chapter 4: Crowdfunding and the Fairshare Model

Chapter 5: Target Companies for the Fairshare Model

Chapter 6: Fairshare Model History & Projection

Chapter 7: Macro-Economic Context-Economic Growth

Chapter 8: Macro-Economic Context-Income Inequality

Chapter 9: Cooperation as the New Tool for Competition?

Chapter 10: The Tao of the Fairshare Model

Chapter 11: Valuation Concepts

Chapter 12: Calculating Valuation

Chapter 13: Evaluating Valuation

Chapter 14: Valuation Disclosure

There is a better way to provide venture capital to young companies; better for individual investors, especially unaccredited ones, better for entrepreneurs and better for employees who work at these companies.

The Fairshare Model is designed to grow the economic pie and improve the opportunity for capital gains for individuals who invest in or work for such companies.


Karl M. Sjogren

Contact Karl Sjogren is based in Oakland, CA and can be contacted via email or telephone:
Phone: (510) 682-8093

The Fairshare Model Website

A native of the Midwest, Karl Sjogren spent most of his adult life in the San Francisco Bay area as a consulting CFO for companies in transition—often in a start-up or turnaround phase. Between 1997 and 2001, Karl was CEO and co-founder of Fairshare, Inc, a frontrunner for the concept of equity crowdfunding. Before it went under in the wake of the dotcom and telecom busts, Fairshare had 16,000 opt-in members. Given the rising interest in equity crowdfunding and changes in securities regulation ushered in by the JOBS Act, Karl decided to write a book about the capital structure that Fairshare sought to promote….”The Fairshare Model”. He hopes to have his book out in Spring 2015. Meanwhile, he is posting chapters on his website to crowdvet the material.

Material in this work is for general educational purposes only, and should not be construed as legal advice or legal opinion on any specific facts or circumstances, and reflects personal views of the authors and not necessarily those of their firm or any of its clients. For legal advice, please consult your personal lawyer or other appropriate professional. Reproduced with permission from Karl M. Sjogren. This work reflects the law at the time of writing.