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I agree that there are other forms of business organizations, and perhaps other forms of companies. For example B-corps that have non-financial goals, or simply
by 205guy 13y ago
I agree that there are other forms of business organizations, and perhaps other forms of companies. For example B-corps that have non-financial goals, or simply like these guys who essentially have a successful on-the-side business, and explicitly do not want to grow it or market it in the traditional way (and hopefully have the legal protection to do so without somebody from the regular business world eating their lunch). A lot of them seem to revolve around the concept of "having enough" as opposed to "trying to expand."
However, I don't agree that any of these new models are generalizable and will take over the traditional model. VCs did not replace small business loans or Wall Street capitalization. They are an alternative path or sometimes a different step on the same path. The traditional model will contine to exist where it already does, and the new models will have to carve out new niches.