Instead of IPOs and acquisitions, exiting to community is one alternative

The next wave of aggregators are owned by their stakeholders, and have the potential to create superior stakeholder experiences as a result. A decentralized search engine could be owned by searchers and publishers, who could thus prioritize their interests over those of advertisers or some detached corporate entity.

To create stronger community ownership, web 3.0 networks should move away from resourcing startup capital from centralized, opaque, and hierarchical VCs

Moving from audiences to communities. Memberships and subscriptions hold the promise of closing the gap between media brands and their audiences. When your audience is your customer, you tend to provide better services. The advent of tokens and decentralized autonomous organizations would seem to represent the next step. It is logical for a communi... See more

“If you look at a typical company, the founders and investors own 80-90%,” he goes on. “All of the employees own the other 10-20%. It doesn't make sense. It's not who is producing most of the value. We wanted to flip that model on its head. With the DAO, the community controls 80% of the tokens; the founders and strategic partners control 20%.”