NPR has done a splendid piece on the a ‘typical’ pirate business plan based on a negotiation encounter.
Step 1: Secure venture funding.
Step 2: Procure operating capital in the form of staff (pirates), weaponry, and a ship.
Step 3: Catch a passing ship.
Step 4: Negotiate the ‘sale’ of the hostages to an interested party.
Step 5: Distribute the earnings [...]
