Mahlkov estimated that Americans could benefit from a more common payment plan in Germany: income-participation agreements. Now he and his two co-founders, Constantin Schreiber and David Nordhausen, have made ISAs a company by their startup Blair. Based in San Francisco, the company was founded in February and offers ISAs of up to $1,000 and up to $25,000, regardless of the major. For Jaclyn Ling`s second act as an entrepreneur, she thought it was difficult to find a job as a university graduate who changed major about five times. She decided to dedicate her next startup to job seekers who learned programming languages outside a classroom. Loans arrive interest-free and repayment begins one to six months after closing, with Blair`s income coming from a reduction in repayments. ISAs range from 0.1% to 15 per cent of people`s future income, depending on their circumstances, with typical repayment periods of about five years. “We are designing revenue participation agreement programs to complement some of the strategic objectives identified,” deSorrento said. We are competing with them because students can get credits as opposed to income-participation agreements. And these companies are by far our biggest competition right now, simply because there are many more credit providers than ISA providers.
At 16, Femi Adebogun has already sold his first start-up, a company that has provided staff agencies to work automatically in contact with employees. Adebogun is now in charge of simplifying the application process for applications for help from university students. If you`ve been following the trends in startups and VC financing, you may have come across the acronym ISA in recent years. It`s a revenue-sharing agreement, and it`s the hottest financial trend since the subscription model took to the stage 10 years ago. But that`s exactly what — gears. VCs are essential not only for the startup ecosystem, but also for the entire “Lets do it” culture. No one has done things like VCs to advance innovation and research. And they were rightly rewarded. Income-participation agreements are attracting the attention of legislators, although relatively few students have been sidelined.