Comment by m_ke

Imagine a indie hackers founders cooperative, you take a few successful bootstrapped founders and start a new holding company that shares an office space and has staff to handle legal, accounting and all the other stuff that most engineers hate to deal with.

You offer founders that apply a coworking space and a stipend that can get renewed each year if the members of the coop agree to keep funding it. In exchange the new member commits to giving up 10% of their future profits that get split into an investment budget and dividends.

If a company is failing the members can vote to stop funding them and set them free of the agreement.

If a company needs way more funds and VC route makes more sense you spin it out as a c corp, convert the 10% profit agreement into equity and let them raise funding like any other startup would.