The day-page-set for the face of the obm-wiki-hive
Or read the day-page-set "face" with preceding explanations.
Currently watching the face: See wiki-net faces.
Be sure to read: http://www.horsepigcow.com/2007/07/15/the-gift/
Could the MarketEconomy? survive without the GiftEconomy?
This Editorial from mark Hinkle on Enterprise Open Source Magazine, this essay from William Hurley and also a recent story in Slashdot, provide some interesting food for thought about the convergence of OpenSource software and traditional business.
The Editorial by Hinkle points out the growing trend among large corporations in employing OpenSource software as the basis of their products and services.
Hurley talks about how a lot of the businesses active in the OpenSource realm are taking from the communities, without really giving back:
Let’s use the monitoring segment of systems management as an example. Several “open source contributors” simply download code from popular projects and then “build” their software, service, or company on top of it. These contributors often refer to “improvements” they’ve made. Where are these improvements? Why weren’t they contributed to the community from which they took the code? Open source should be about working together for common benefit.
Nagios is one of the most popular monitoring projects in open source, and one of the most abused. There are countless projects, products, and services predicated on the Nagios code base—some symbiotic, others non-contributing parasites. What separates legitimate use from outright exploitation? Where would you draw the line? Should violators be black-listed by the community?
To me, open means that everyone can participate on a level playing field. As a community we have to take the good with the bad, but I cringe when I see a project taking more than its fair share of punishment. How will the community address this problem? Should there be a rating system? A sort of mooch-o-meter to rank companies and projects that use open source? Would that subjective hierarchy help or hurt the community? How would it be regulated?
The community has to answer some of these questions if open source is to continue to flourish. Everyone who leads, participates in, or utilizes an open source project should realize they have a personal interest in protecting it from abuse. Keeping the pirates honest will take effort, but the repercussions of apathy will affect us all in the future. Besides, tales of the pirate hunters are often more exciting than the tales of the pirates themselves.
The Slashdot article has some interesting comments about some of the companies that do give back to the OpenSource community, such as IBM, and Ubuntu, how they accomplish their programs in a business environment. Importantly, comments in the Slashdot article also discuss how many existing and long established OpenSource projects have been influenced, positively and negatively, but the introduction of MoneyIncentives?, SoftwareBounty? programs, and large amounts of funding.
Some key points and debates from the Slashdot article comments:
vs.
One of the primary reasons we see these issues arising, is because the BusinessModel? of the companies creating software and services based on OpenSource software is often not and OpenBusinessModel.
OpenSource software will tend to work better with OpenBusinessModel organization.
Why? Because OpenBusinessModel organization is designed to reciprocate equal value back to contributors, whether they be individuals, or traditional business entities.
OpenBusinessModel organization optimizes OpenValueNetwork exchanges. Participants actively create a KnolwedgeCommons? as part of the business process. The divisions between all participants in the ValueChain, and BusinessCycle? are lowered, so that feedback and knowledge can flow throughout the system. Some of this is accomplished by the Lincense (example: ObmLicense). Some of this accomplished via a contract, or agreement, that sorts out the license and reciprocation details. People can still participate without contracts or agreements. However, there is incentive of course to be rewarded for working under an agreement that rewards for the exact same contribution.
How is this accomplished:
– SamRose
A few years ago, I had a conversation with a friend, who I believe prefers not to be named online, about using a particular question to help frame thinking about people’s motivations for their behavior and actions. The question, probably familiar to many people, is WiiFM (“What’s In It For Me?”).
For example, you could look at a situation where there is a company that is polluting a river, and a group of people are protesting the pollution in front of the company headquarters. What is the perceived benefit for the people who are doing the polluting? And what is the perceived benefit for the people who are protesting the polluting? You may not ever know exactly what people are thinking, but asking these questions gives you a way to start thinking about world views of other people. What’s more, the external view of what is “in it” for someone often looks different than our internal view of what is “in it” for us.
Another question that my friend who shall not be named suggested that people should start asking themselves is “Am I Being Used?” (AiBu). This question is not meant to be a vast philosophical exploration. It is meant to be a simple question: In your own view, are you being taken advantage of? Are You being Used in a particular situation or arrangement? Also, I would not pretend to define to you what “being used” means for you. You have to live with the consequences of how you anwser AiBu, so it’s up to you to define what “being used” means to you. Just like WiiFM, external and internal views of the same question can look drastically different.
Another friend, named HowardRheingold, recently blogged about an article by TreborScholz? that looks at how a PassionateUser of SocialNetwork sites like MySpace, YouTube, FaceBook, etc voluntarily donate their creations, attention, and labor to be commodified by the companies that maintain these sites. Trebor also writes:
The picture of net publics--being used--is, however, complicated by the fact that participants undeniably get a lot out of their participation. There is the pleasure of creation and mere social enjoyment. Participants gain friendships and a sense of group belonging. They share their life experiences and archive their memories. They are getting jobs, find dates and arguably contribute to the greater good.
When people look at their activities online, and ask “Am I Bing Used?”, they are asking whether the trade off they are making for giving up the rights and value of their attention, in exchange for connecting with people, and being given space to create socialize is worth the value they are giving up heir control over.
The question that OpenBusinessModelsWikiHive asks is:
Can people partake in the value of social connection and creativity WITHOUT trading off the rights to their attention or creativity?
I believe that they can. The question is, how?
Some possibilities include:
Tags: floss, revenuesharingmodel, trebor_scholz, smartmobs, freeculture, openbusiness, biopsychosocial, psychology, worldview
I watched the movie Black Gold last night with my wife. This movie looks at the plight of very poor Ethiopians growing some of the best coffee in the world, and receiving very little to none of the profit, because of all of the middle men between them and the market. The movie’s website encourages people to work with the OxFam Fair Trade project to help cut out these market middle men and help poor farmers receive a fair price for their products.
The movie also mentioned a factoid of sorts: that if trade was increased with the continent of Africa by just 1%, that create an amount of money that is 5 times greater than the amount of money that is now sent by the world to Africa as aid. This would eliminate the need for aid to be sent to Africa.
This thread in the forums of blackgoldmovie.com discusses an issue that popped into my mind while watching the movie: that it would be great to be able to buy directly from the farmers, pay the shipping, etc, and cut out the middle men entirely.
Despite some responses in that thread, I think this actually would be possible. I think it would be possible by creating a Cooperative, or rather , more specifically, a BuyingCooperative? that makes the whole process of getting coffee to you tranpsarent. So that you know where the money goes. The BuyingCooperative? becomes the trade firm. The BuyingCooperative? creates all of the infrastructure that the buyers need to receive what they want to buy. However, the BuyingCooperative? is owned by the buyers, and they are able to see exactly where all of the money goes to. The BuyingCooperative? also cuts out a lot of the fat and waste of current markets, and makes sure that a hugely increased volume of money goes to the people that produce the product. – SamRose
Check out this blog post on Openbusiness.cc describing our project here
This is an invitation to the Openbusiness.cc community to contribute and
use the Open Business
Models WikiHive. Especially those interested in the development of RevenueSharingModels, and
OpenSource software development for Open business applications.
OpenBusinessModels (OBM) WikiHive is an Open Project initiated by Michigan, USA based Social Synergy inc., founded by Social Entrepreneur Sam Rose. The purpose of OpenBusinessModels WikiHive is: to explore, build, and test models and theory of the dynamics of business, and exchanges of value around Open Content, Open Source software, and Commons and Knowledge Commons based products, services, and economies. One of the core goals of OpenBusinessModelsWikiHive is to assist and enable the Passionate User. This Wiki Hive also acts as a development space for OpenBusinessModel and Open Content project proposals.The main wiki in the hive exists to is to act as a central seeding and support MotherWiki for this Wiki Hive. It is also intended to be a staging area for launching of other wikis, and a central Theory Building space, and Knowledge Commons for OpenBusinessModel(s) based around Open Content, Open Theory, Open Knowledge, Trust Metric, Open Value Network, Collective ProblemSolving, enabling the Passionate User, and more.
The general idea is to:
This is Testing Theory Through Action.
First of all, a WikiHive is:
Our wikihive is based on the OddMuse wiki engine, free and open source program that has evolved from the original WikiWikiWeb code base. In general, using a wiki can help sort through long and often confusing email exchanges, by getting everyone on the same page. We frequently use it to summarize long threaded discussions into one page that is easily digestable, and reusable.
One of our first projects is a 3D animated movie project called Extinction Level Event (XTIN), the home page and blog for the project, with storyline and example art work can be found here. Open Business Models Wiki Hive is collaborating with XTIN in creating a Revenue Sharing Model for the XTIN project. We are using a system of points that equal shares of revenue, for tasks that project participants take on and complete. Revenue will come from sales of items like posters, and the movie itself.
Currently these points are tracked in wikiCalc, an open source web based spreadsheet program created by the inventor of VisiCalc, Dan Bricklin. The project points are calculated into percentages of revenue in the spreadsheet. Then, this can be exported to PayPal’s Mass Pay function, to pay all of the participants at once, each time revenue is earned.
The development of the Extinction Level Event revenue sharing model also led in part to the emergence of another project, a partnership between BarCampBank and Open Business Models WikiHive to create a tool that can automate both the paying of money in Revenue Sharing Models, and the pooling of money for sharing group expenses. Our goal is to develop an Open Source tool that can be used both for tracking and projecting expenses, pooling money/fundraising for groups, that can pay vendors and receive revenue from resellers, and that can distribute money out to project participants. A one page description can be found on the BarCampBank wiki at: P2P Money and at Opeb Business Models Wiki Hive at CoDevProposal

We are using wiki for exploring how this idea of sloganeering and a sloganeering app. might be realized/produced, manifested in
Rob did some research into participatory web projects that have Business Models.
We are working on the Business Model.
Sloganeer, full of multiple contributions from multiple contributors will have to deal with Copyright Concerns.
To produce collectively something that is productive financially, means we will have to have some ideas about Revenue Sharing.
Anyone interested is welcome to participate in Open Business Models WikiHive. Please check out
Welcome Visitors and
feel free to leave feedback
in our discussion area. If your open business project needs a wiki, and you’d like to benefit from
and add to our community and Knowledge
Commons, please have a look at the page front / blog for info about how
to create a wiki in this hive. You may choose whatever license you are comfortable with for your
project, all content is otherwise Creative Commons BYSA 2.5 by default.
I found this on Ted Rheingold's blog:
Amazing to think about, especially for SecondLife 3D design.

I’ve been a PassionateUser of web applications and VirtualCommunity for a long time.
I am going to declare here and now, that one of the core goals of OpenBusinessModelsWikiHive is to attract and enable the PassionateUser. I think that the OpenBusinessModel is one of the best emerging ways to do this. Developing your plans and ideas in the open, and giving your community the opportunity to give feedback, and trying to DevolvePower to the users as much as possible.
Not only are we interested in attracting and enabling the PassionateUser, we’re also interested in expanding the “average” number of people who can be counted as a PassionateUser.
If The average number of PassionateUsers is around 1%, then maybe we can make it easier for more people to become a PassionateUser.
So, how does someone increase the number of people counted as PassionateUser?
This is a question that I feel is best answered by the people who will fill the role of PassionateUser in each unique circumstance. These people should be involved early on in the creation and planning and building processes. Therefore, be open to changing, experimenting, and making small corrections over time. Let community have a permanent role in the evolution of your products and services.
I’m moving this to a page here, titled PassionateUser. Please don’t hesitate to help me evolve it more there. – SamRose
Creating Passionate Users Blog Horsecowpig blog Product Wiki Blog Mass Customization blog
DevolvePower PinkoMarketing EnablingCreativity CommunityRoles
DemocratizingInnovation? (ISBN:0262720477)
tags: passionate user, pinkomarketing,virtual community, openbusinessmodels
This is froma contribution to Community:HighTrafficWiki
Wikipedia has been dealing with problem via Wikipedia:Squid_cache, which distributes the serving end of things, anyway.
GridServer supposedly can handle high traffic much better than traditional VPS. Exampelof OddMuse wiki running on Gridserver: http://s4560.gridserver.com/cgi-bin/wiki2/FrontPage
(for Perl and Python based wiki engines)
Some wiki admins have reported better results by using "lighty" instead of ApacheWebServer?. "lighty" includes FastCGI.
The advantage to using "lighty" & FastCGI is:
Sheep Art is reported to run on "lighty" & FastCGI. A comparison of Apache benchmarking with OBM Wiki which currently runs on traditional CGI and Apache2 webserver, shows that Sheep Art serves multiple requests over time almost twice as fast as OBM Wiki, probably due in large part to "lighty" & FastCGI, since tests were run on both very old/low memory and more modern machines running "lighty" & FastCGI, vs CGI and Apache2.
There is also mod_fastcgi for Apache.
I’ve listed some ideas on 2007-02-08.
At this time, I don’t know of any successful implementations of distributing wiki across servers. UltraMonkey may hold some possibilities, but something still needs to synchronize the application across servers.
Emerging technology is addressing distribution by creating a GridOs?.
Examples:
This technology seems to be momentarily out of reach for us mere mortals, however. I have not found any OpenSource software projects that have come anywhere near this (yet).
Thinking today about Shearer:Micro_Books idea.
This is one of the great reasons to create content in a community, or networks of communities with the CCBYSA license.
If you have an evironment of trust you can pool knowledge, and let people who are OccasionalContributor or CommunityMember participants Re-assemble the content into useful MicroBook content. They could then take, say 60% of the profit. Then distribute 30% to the actual authors of the pages they used, if any. Then, 10% to a community fund, which would then pay out dividends, like shares.
Editing would be the job of the MicroBook Intitiators.
Layout can be accomplished with am excelent OpenSource application called Scribus.
Publishing/printing can be accomplished either through traditional book printing and binding providers, or could be done through PrintOnDemand services, such as LuLu. LuLu also handles distribution. If publishing through traditional printers, there are still many options for automating distribution.
The primary market for MicroBook content is likely not traditional book store customers. Rather, this is more of a LongTail market, with many possible niches.
It is possible to market through Amazon.com, or other online marketplaces, and yet still work with PrintOnDemand printing technology providers.
One scenario is that you could list many micro books, along with desireable anthologies of MicroBooks?, or a customer could build their own book out of many micro books.
The Shearer:Micro_Books model also suggests that specialty custom markets are possible.
NewBookEconomy OnDemandPublishing Paper_Wiki_Documentation (settign an OddMuse wiki up to create an academic paper format)
OddMuse MoinMoin DokuWiki MediaWiki Scribus? InkScape
The Future Of Open Business
Open Business.cc blog reports about a Time Magazine article titled “Getting Rich Off Those Who Work For Free”.
The Time article is about the GiftEconomy:
An earlier oct 2006 Open Business.cc blog post also discussed the open quesitons surrounding this:
“What are the principles for relying on users to build a money-generating business? Or, in more provocative terms, when does user-generated content - at $90 per screen name - become a new form of exploitation? Alternatively, one could argue that users are compensated with a good; a “free” service in return for their data and attention.
“What are the necessary tenets of this new class of software and software company? What is the difference between “open”, “free”, and “commercial” – and how do they interact?”
Let’s face it, it’s hard to see through the fog of the future, and “predict” what direction OpenSource, UserGeneratedContent?, and OpenContent activities will go in.
Dear Economists trying to figure out what is happening online…
…Welcome to the wonderful worlds of the ForesightPrinciple, and MediaEcology!
A big reason why it is hard to see how the “GiftEconomy” is going to play out, is that we humans often use the past as a model for the future. When new technologies, mediums and systems emerge, we usually immediately try to adapt them to the ways in which we are already doing things. (see: MarshallMcLuhan).
Wikipedia:Richard_A._Slaughter took the quote from MarshallMcLuhan that “We look at the present through a rear view mirror” and applied the metaphor to Wikipedia:Futures_studies

image source
NeilPostman? had FiveIdeas about technology. Idea number 3 was that “every technology has a philosophy which is given expression in how the technology makes people use their minds, in what it makes us do with our bodies, in how it codifies the world, in which of our senses it amplifies, in which of our emotional and intellectual tendencies it disregards.”
NeilPostman? means with idea number 3 that “To a man with a hammer, everything looks like a nail.”
We want to look at the emerging network cultures through the lenses of the production-based economies of the past 100+ years, and their Hierarchically-organized social structures. This is why we even bother calling them a GiftEconomy at all. (LionKimbro already made this point in RethinkingCredit in CommunityWiki). But, these socio-cultural emergences are not really a “GiftEconomy” at all.
Instead, if they are any kind of “economy” at all, they are more likely what my friend HowardRheingold calls a “SharingEconomy”.
People Voluntarily Sharing. But why? Because they are reciprocated some kind of value.
Now, sometimes people think thety are “voluntarily sharing”, but really they are being exploited, and that is what NeilPostman? talked about with his Idea number 2:”(in technological change) there are always winners and losers, and that the winners always try to persuade the losers that they are really winners.”
Now, it doesn’t have to happen that way, but it often does. Which brings us to…
So, if we try to understand that people are voluntarily sharing for perceived reciprocated value, then we can start to think about the direction this is really going in:
People will share and trust more, when they are reciprocated with more real value
If you try to go the route of Neil’s Idea number 2, you’ll get busted eventually, and people will start moving away from you, and towards where the perceived real reciprocated value is. The scams are going to get harder to pull as control shifts more towards the users, away from the providers/enablers. So, in the SharingEconomy, share the value with people sharing with you, because they don’t have to share with you. Share the revenue, the control. It is time to see that even feedback and input can be considered as valuable voluntary sharing, and should be reciprocated with a reward of listening to the feedback and incorporating it into the system. These voluntary sharers can increasingly exercise their RightToLeave.
…Sharing.
Multi-way sharing, between all of the parties involved.
of course, no future is guaranteed. We can easily get locked into a culture dominated by centuries-long ruts of walled-off economies, if people continue to design to try and take advantage of Idea number 2 and make a quick buck at the expense of long-term quality.
However, I don’t personally think people are going to be fooled so easily. And, I think that the “market” will eventually drive people towards creators and providers and facilitators who really start to think about “How can I reciprocate back real value to these people who are sharing with me?”
tags: openbusiness,socialsynergy,sharingeconomies,mediaecology,foresight, opensource,opencontent
At Ma.gnolia the Citizen Agency is putting together what they describe as:
“Bookmarks for case studies, measurement studies, communications/social theory on measuring the health of communities. (Sorry…moderated for keeping ourselves organized. a project by Citizen Agency please email us if you would like to get involved)”
After a few conversations with TaraHunt, I joined their research effort. This was also discussed a while back on BarCamp:MeasuringTheSuccessOfCommunities. One defining example to give you an idea of the general direction of these concepts can be found at Wikipedia:Genuine_Progress_Indicator (GPI)
GPI is an argument to take more vectors into account than just industrial production and economic metrics, to measure the health of a society. Replacing the old industrial era Wikipedia:Gross_domestic_product (GDP), with Wikipedia:Genuine_Progress_Indicator (GPI)
I started digging through my archives, and tagging everything I have that is related with "mch". While looking back over all of he links and articles that I had read and saved over the past couple of years on this general subject, I realized a couple of things:
This also raised some questions for me:
For question 1, I am looking at larger “meta” factors, like:
Then, I am thinking about “sub” factors:
Then, I am thinking about:
So, this is an OpenTheory brainstorming of this, just to jot some ideas down, and hopefuly get some feedback. Expect that this will probably change. I mostly just wanted to get this out of my head while it was still fresh in there. – SamRose
tags: measuring community health, community indicators, Genuine Progress Indicator, GPI, citizen agency, social synergy, measuring healthy communities
(from a discussion at MicroTasks)
Shareholder agreements are one of the big “great divide” areas that I need to address with OpenBusinessModel Revenue Sharing agreements (shareholder agreements). At least in some cases. Especially those projects that involve production of a product intended to be sold, and revenue split.
The idea that I have is (putting this into a sort of DocumentMode for possible re-use later here and elsewhere):
Once an organization or group decides to come to an agreement, that group can co-author a draft of their agreement transparently in Wiki, online, if they are developing an OpenBusinessModel (or in a private password protected wiki if necassary).
ConversationProcess applies to drafting a WikiAgreement. The process of transferring theories (TheoryBuilding) into DocumentMode “clear thesis” pages, and summarizing conversations into easy to read documents.
Voting can also be part of the ConversationProcess in WikiAgreement. A process such as TedErnst’s and BrandonCsSander?’s BeyondYes gives a groundwork for merging ConversationProcess with WikiAgreement.
One of the possibilities among some communities, and networks of communities is a remixing of the traditional “phases” of development of ideas.
For instance, a traditional set of phases for creating an agreement might have been something like:
| Brainstorming/Idea/Theory Phase: many different ideas discussed,perhaps even in many different spaces and places online and off. People may also sign NDA’s in non- OpenBusinessModel arrangements |
| Formalization Phase: Usually, one person takes the responsibility to formalize a summary of an agreement structure, and the group formalizes the agreement with a lawyer. Or, they follow a formal bylaw creation process if they incorporate. |
| HypothesisTesting?, PilotProject, Prototyping phase: In traditional business, it is often after all of this that people start putting resources into “testing the waters”, or into creating small scale working models of their larger project. |
In WikiAgreementProcess?(es), and OpenBusinessModel applications, you can often throw out the NDA. And, you can ++merge processes and phases++. For instance, all three “traditional” phases above can possibly be merged, and hypothesis testing can be an ongoing sub-process. So can feedback, and TheoryBuilding, and creation of KnowledgeCommons, in OpenBusiness applications.
WikiAgreementProcess? rolls together many different potential processes, and traditional phases of organizational/business development. There is no one universal recipe, but rather a sort of “toolkit” of many potentially useful “sub”-processes.
Also, interested in ForeignExchange? systems in relation to RevenueSharingModel applications. I was thinking more about this the other day, and I started to think about not-so-apparent possibilities with AlternativeCurrency. Especially in the realm of partneship between many different groups. A lot of people are skeptical about AlternativeCurrency. But, I think that slepticism mostly comes from not seeing many examples of successful use of AlternativeCurrency, or always thinking about it’s direct 1:1 relationship with traditional “hard” currency. AlternativeCurrency may also be exchanged for other “value”, like time, or even resources, among networks of people.
For instance, you could set up a PredictionMarket, and use the an AlternativeCurrency in the PredictionMarket, but people could take that currency and use it with other businesses and groups who benefit from the PredictionMarket.
tags: predictionmarket, openbusiness, alternativecurrency, revenuesharingmodel, communitywiki, hanswobbe, samrose, wikiagreement, conversationprocess, beyondyes
One of the ideas that I am exploring is an actual WikiHiveBusinessModel:
This package of tools could also eventually be incorporated into the CommunicationsTower project.
tags: openbusiness, wiki, wikihive, wikinet, wikicalc, microformats, pinkomarketing, communitymarketing, valuenetwork, oddmuse, opensource, gnuplot, bliki, blogging, inkscape, openid, rel-payment, communicationstower, server benchmarking, socialsynergy
The idea presented in this blog posting was something that I offered originally to the BarCampBank project. Although people intitially expressed enthusiastic interest, the nuaunces of the idea did not seem to resonate enough to gain traction within that group.
The idea initially spawned P2PVenture at the BarCampBank wiki site.
However, the direction of P2PVenture is starting to diverge from the direction of the ideas presented here and here.
The concepts come from ideas expressed from both the CommunityWikiBank idea and notes at SocialSynergy:PeerInvest
As discussed in BarCamp:BarCampBankFlashMeeting1 with BarCamp:OriPekelman, the idea here is to create a version of the Solari model. We could modify the Solari model to create a PeerInvest Cooperative model. One difference from Solari is that, this structure could be based on a network of people, and not necassarily based on a location, although location-based cooperatives are also an option in this model. The Cooperative can help groups with Solari-concept services like ConsumerAggregation? support, SmallBusinessIncubation?, “back office” and PinkoMarketing support, as well as support in implementing open business models, helping other groups in creating effective knowledge commons via wiki, and WikiNet concepts, and other social software tools, information visualization, trust and value metrics, PinkoMarketing and CommunityMarketing, and more.
The structure would define all OpenValueNetwork members as cooperative “A” shareholders. This means that they have a vote when our Cooperative articles say that a vote is needed for decision making. Yet, at the same time, we try to DevolvePower in our network so that most decision making is done through ConsensusGroup when possible. When voting is needed, we can look at models like BeyondYes. Also, this governance discussion is of course open to everyone else’s input. If they leave, they sell their “A” share back to the group based on nominal value.
The cooperative can then create “B” shares that are based on equity pools that we collectively create and manage. (We can always change the what we name the shares, this is to demonstrate the concept). These “B” shares could be issued used to raise money when we have helped to build something up to the point that the network believes it is ready to be funded. The network would build it up by:
The network would develop a version of ProjectScreening that works with OpenBusinessModel principles. We would do this research and building up of infrastructure in open and transparent ways whenever possible. We can then serve as a more transparent venture captalist/angel investor, to help the start-up group avoid the traditional VentureCapital? routes, by first helping them build up their enteprise/idea, then acting as an intermediary to help them fund the idea once we help them prove that it can work and generate revenue on it’s own. We issue “B” shares on behalf of the start up, and we seek investment in proven ideas. Then we pay ourselves for the work we have put into this based on a percentage of the “B” shares sold. Each person from our network who has contributed work on ech project can opt to receive a predetermined payment amount, or payment in the form of “B” shares that they can sell later.
http://biz.yahoo.com/usnews/061207/061206_a_venture_capital_alternative.html
An idea to replace University/College education loans with an investment that repays based on a percentage of revenue earned in a career. The article above also discusses that a professor here in Michigan, at Hillsdale College (Gary Wolfram) points his CATO institute Study that describes how these contracts can be pooled into an equity fund to lower risk across many students. (One of the few times I’ve personally agreed with CATO Institute).
This idea will be developed more on a local page titled PeerInvest, then moved to it’s own Wiki in this WikiHive.
EditNearLinks: FaceBook CommunityWiki InkScape MicroTasks SecondLife MySpace GiftEconomy BarCampBank UserName MediaWiki TedErnst PrintOnDemand SocialBookmarking ConsensusGroup OpenSource OpenContent VirtualCommunity KnowledgeCommons OpenID ValueChain ForesightPrinciple CommunityWikiBank 2007-02-08 ProjectManagement CommunityMarketing DevolvePower OpenTheory LongTail DokuWiki NewBookEconomy PredictionMarket RightToLeave OddMuse HowardRheingold DocumentMode OccasionalContributor ConversationProcess EnablingCreativity OpenBusinessModelsWikiHive PinkoMarketing OddmuseToInkscape RethinkingCredit SocialNetwork FLOSS MicroFormat WikiHive TaraHunt MediaEcology BeyondYes MarshallMcLuhan OnDemandPublishing CommunityRoles CommunityMember OpenBusiness FreeCulture YouTube MoinMoin AlternativeCurrency TheoryBuilding