Frequently Asked Questions
What qualifies as eligible income?
How much money goes into the pool each year?
Each pool has an annual or cumulative hurdle and a contribution percentage. All eligible income below that hurdle is not subject to the contribution percentage, and you only contribute a percentage of all income above the hurdle.
How large are the pools?
Any additional questions?
Email us at email@example.com.
What is a Pool? How do I sign up?
A pool is a community formed with the common goal of supporting each other and building a stronger future.
How do I make a contribution?
How do you prevent people from slacking off? Won't people just shirk?
Eligibility for distributions is restricted in certain circumstances to disincentivize shirking.
In our view, one’s desire and hunger to achieve success is not diminished by one’s decision to join a pando since the amount contributed is a small percentage of one’s future earnings—generally no more than 10%.
Additionally, because you choose who’s in your pando, you’re choosing people who are passionate about what they do and are passionate about the good of the group.
How does pooling work?
Check out our pooling example to learn more about the specifics of pooling.
How are pools created?
What is the platform? How do I join?
Who decides who’s in a pool?
What if I don't know anyone in my personal network to pool with?
What is Pando's fee?
What is an income hurdle?
What is a contribution percentage?
What is a distribution?
What is the duration of a pool?
The duration of a pool is the number of years that your pool will exist, subject to extension in certain cases.