As you probably know, a wiki is an unusual communication mechanism that enables the organization of contributions to be edited in addition to the content itself. The current VC model is closed and to VC’s, their process cannot be edited. Each VC is running on a different program. To counteract this, I wrote about the idea of a Wiki Fund a while back (link here).
Unlike the current venture capital model, the Wiki Fund proposes to open up these lines of communication. Essentially, creating a Stock Market For Startups.
In the past couple of months, I’m excited to tell you that this idea has become reality. The space is shaking up; the venture capital model is changing. I’m sure you have opinions on this, as well. Is a stock market for startups really safe? Should the vc model change?
Share your thoughts below in the following poll:
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Hello Scott,
I am involved with an academic project that have achieved success with new algorithms for Social Decision Theory. This would effectively allow for democratic corporate governance and ranked voting that would eliminate the “spoiler effect” evident in current ranked voting systems like the Condorcet Method http://en.wikipedia.org/wiki/Condorcet_method
I’d be happy to discuss this with you if you like.
Andrew Mueller