Kudos for Equity
Thoughts, Ventures | View Comments
Owning equity in a for-profit venture is a powerful motivator - particularly in the early stages. It's also one of the most contentious, negotiated parts of building a high-growth venture. This comes from our organizational conventions of control and scarcity - we need to control and amass resources to control and weild power and get things done.
In taking a peer-produced approach to building Shldlss, the for-profit offshoot of the Social Venture Commons, I found we needed a new model to fairly attribute the economic value to those who actually created it. After many conversations, including on this post, here's where ...