Similarly, in a mature DAO, individuals will be able to understand a part of the network (local context), but they will not be able to appreciate it as a whole (global context). Individuals will interpret the DAO in their own way, and explore directions that affect their local context without having to consider the context of the whole. As they mak... See more
What if we had a “US Department of Experiments” with the power to grant temporary waivers from Federal, State, and City laws — when safe and ethical to do so — for the purposes of learning what policy interventions actually work?
6. Company
6.1 Business Collectives
- @try_pineapple by @david_diam
- @vercinyc by @amiyoshimura_
- @_buildspace by @FarzaTV
- @hamptonfounders by @thesamparr
- @UseCollective by @JRauglaudre
- @beondeck by @david__booth
- @Bravado_sales by @SVMansuri
This is never how it actually happens, but you get the idea. Startups should receive risk capital to literally derisk certain aspects of the business.
However, over the last decade or so, something shifted. Traditional venture funds that specialized in early-stage risk started to add buckets of “growth equity” that were supposed to be utilized for ... See more
The best example of this alternative product is Indie.VC, run by Bryce Roberts. Over the course of 6 years, Indie invested in 40 companies. It held the two key components of limited fund size and gave equity optionality through redemption clauses or equity buybacks. The results are encouraging, with a 51% IRR and 4.3x TVPI, while 87% of the compani... See more
More broadly, what will remain are jobs to be done. Software needs to be stable and predictable and have infrastructure to run on; that is a lot easier to buy from an entity than to manage yourself. Businesses don’t want to be IT departments; they want to actually achieve business results, and any time spent trying to get stuff to work is a waste o... See more
if you come from a culture where the ‘argument is war’ metaphor pervades thought and language, then you’ll defend your position at all costs and attack your opponent with the hopes of total victory. But if you come from a culture where argument is seen as a dance, perhaps your behavior and expectations would radically change.