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One idea I had was a something that starts out as a private company but instead of IPOing it sells itself to it's users as some kind of mutual company(like some
by sharemywin 9y ago
One idea I had was a something that starts out as a private company but instead of IPOing it sells itself to it's users as some kind of mutual company(like some insurance companies are structured) except more accountability/transparency to it's users.
- sharemywin 9y agoI think it might also make sense to allow anyone to fork(create a derivative work) as part of the rules. And allow people to follow the changes so if you want to use/consume a forked version you could.
- sharemywin 9y agoBy making it private at first it could attract VC money and initial adopters, but once it got big enough for network effects to kick in the system would act like a giant digital asset black hole.