Parrhresiastes
Your comments are well put and very valid Parrhresiastes. Gold Airways is not, however, having trouble finding an equity partner, in fact finding a suitable equity partner requires expressions of interest to be sought first and your'e only really in trouble if you consistently get a no once the plan has been hatched to them. Thus we are nowhere near having any sort of trouble - we just haven't really had the chance to expose our plan to those who may be interested.
Nevertheless, it is very much like playing roullette. At this stage we've been fairly selective whith whom we are dealing so let's just say its all happening in the high-rollers' private room rather than in the games room of the casino. Tyre kickers can expect some pretty complex background checks.
Much has been done to protect the venture consultants interests but it is a risk you take. We've avoided making it too difficult for for the investors to allow the consultants to take a slice of the action based on the vesting of founders shares and taking up key positions (for those who want them) for salary. An investor would want the founders to stay because they know the inner workings of the model. That's not to say other talent is not employed to make the plan work more efficiently once the airline is flying.
Good comments Parrhresiastes.
Regards
Jens