But isn't the centralization happening here too? Since the investment capital has term-limited returns, eventually the equity and equipment belong to wifi-dabba.
Why should one expect a different outcome?
I think I understand, and it's similar to how railways in the US were built. Savvy investors won't cover the tsunami of small region losses you'll need to scale quickly. They'll only want to fund dense, urban markets with the lowest risk.
I do understand your capital requirements in X years down the line.
I also respect your goal of decentralisation and community ownership. (As an aside, what does ownership mean? If illegal things were to happen on my PoP are you saying I am liable?)
Yet, my question stands: Why do you want USD 2M in cash from retail investors today? Why not self-fund the first X PoPs, show it works, then scale?
It sounds like this $2M raise is an experiment more than the end goal.