Yancey Strickler

who did the most work and actually took on the money, which was the most annoying thing, but they did it on behalf of the group and they got screwed as a result.

We all know those stories, have seen those things happen.

And so this does let you create a very flexible structure that can be owned as a group, that can have very clear rules.

And equity and shares are a great way to distribute ownership and a great way to distribute voting rights and to make clarity about how things should happen.

It's also, it's pre-designed to say you're asked to select what should happen if someone leaves the group.

Because often some of the hardest things are what is those separation agreements?

So this lets you create a prenup that says, hey, when you enter, this is how things work.

And when someone leaves, this is how things work.

And trying to take away some of the emotional challenges of that.

But for groups of people, yes, the A Corp, I think, is very flexible.

And you're talking about artist-run spaces.

Those are also structures that are often also tapping into many different sources of funding.

Often there's nonprofit funds.

A lot of those spaces are nonprofits.

And in addition, they'll sell tickets or do other things.

But there's a lot of constraint by the nonprofit structure that has to happen.

Our goal, we set out from the beginning to have a goal that A-Corps should be able to receive philanthropic funds without need for fiscal sponsor.

That is still the goal.

It's not the case yet.

For now, you could have an A-Corp and have a fiscal sponsor fund.