A revenue shareholder receives a portion of a company's revenue directly proportionate to the quantity of shares owned; 1% ownership pays 1% of the total net revenue.
The phrased was originally coined by NaturThink when they developed a new kind of business structured around joint ownership with shareholders participating as board members influencing the direction of the company with online votes.
No more greedy executives voting for hefty bonuses and umbrella parachutes
As a revenue shareholder I received 10% of the company's profits.