Things have been moving quickly in the last few weeks and I'm happy to say that we're in development on the Social Venture Commons. I've created a more descriptive presentation below and have also included a brief primer on peer production of organizations (a quick snapshot of the #hohoto holiday party in Toronto).
I'm working on initial partnerships for the commons and am getting ready to reach out for seed investment for one of the for-profit properties (VenTwits.com).
In the spirit of peer-producing this as we go below are some specific items we'd love to have taken up. Just post in the ...
Building on my previous posts about the Social Venture Commons here's a draft overview of what's been brewing. This venture is one part of my trio to support the ventures working from the new mode of organizing I see emerging. The two other pieces are the micro-funds (presentation coming soon) which is a modified version of early-stage venture/angel investing and a social capital learning project (in development for a trio of venture networks) based in part on the thinking here.
Ping me directly if you are interested in learning more - and if you have comments on the presentation below please ...
Expanding on my previous post on micro-funds and the social venture commons, here are few more pieces on what I see being the core elements of the Social Venture Commons.
First, I see the commons containing three interdependent realms:
conversations
connections
accomplishments
Accomplishments are the product and desired outcomes of every venture. They are also a great catalyst of conversation. Conversation, in turn, is a great catalyst of connections - connections to ideas, resources, people etc. And connections, in turn, catalyze accomplishments - new resources to help get things done better, faster, etc. Of course it's not that linear but I do sense a compelling ...
Working with the building blocks for a new kind of venture capital I've been shaping a couple of core components - micro funds, and the social venture commons.
Micro-funds: making small, flexible, intuitive, low-cost, high-leverage investments. Features:
Short life: fully invested within 3 years or less
Small, high-leverage investments: invest financial (e.g. $25-50k) and social capital in high-leverage ways - core capacity, incremental engagement, financial seeding
Low or no fee: offset with performance based incentives for financial and impact returns appropriate to the fund
Light-weight and dynamic operations: led by individuals or organizations that have a unique position or perspective on the 'frontiers' - run ...