" If the many what put up cash want to elect the "inner circle" based on criteria of competence in their various fields (technical expertise for dev teams, managerial experience for administration, etc), then have no further real active role in the process, that'd be alright"

Pretty much what i meant


But please remember that you are still dividing gekkoscience from the investors

"My company (GekkoScience) will never be publicly traded. No shares will ever be sold. I am fundamentally opposed to the idea of paying someone who did not work for it, and I don't consider "having money already" as an adequate replacement for actual labor. I am also fundamentally opposed to the idea of someone buying a position of authority over my decisions. It's for these reasons that we avoid investors wherever possible (and loans are a last-ditch measure)."

Having a financing entity AND gekkosciance is pretty much the same than financing INTO gekkoscience.

You can call it as you want but if a whale retrieves the investment you lose the ability to finish your product...
Thin line between whay you stated and what planetcrypto stated.

Still think that he he is right about caring on investors.

Whouldnt you reward philipma for babysitting the eventual thread?
Cheers guys, have a nice day