Charlie Olson and Eric Lax founded Pando with the idea of smoothing individual earnings within winner-take-all industries.   Just as venture capitalists and sports agents spread their bets across numerous assets, individuals can now do the same with self-selected peers.  In this episode, Charlie and I discuss:

+What income pooling is and how it differs from income sharing

+Why they chose Major League Baseball prospects as their first market test

+What a pooling agreement looks like

+What industries and communities could next adopt income pooling