In this Twitterstream, https://twitter.com/leashless/status/525951988249657344 @Hexayurt and @Alberto discuss the story behind the idea’s of “Dotcom Story”
Alberto Cottica @alberto_cottica 18m18 minutes ago
@leashless @CommonFutrs whatever you think appropriate. There seems to be a need for more structure (like definitions) in #LOTE4
.@alberto_cottica @CommonFutrs For example a “dotcom” story is meet, idea, demo, invest, grow, invest, go public or bust. But for us? #lote4
But Vinay mentions Valve here, https://www.youtube.com/watch?v=BORHRKg-VoI Around 14:14m in he starts talking about Valve. Where Valve is the most successful company in terms of Profit-Per-Employee. Everyone is paid a salary, but they only work on the projects that are interesting to them.
If we’re going to create a successful profit-making project, then we need to take a leaf from Valve’s book in terms of how it’s being run, but rather than using Valve’s ownership structure, we need to make it employee-owned.
As long as you make the access to ownership as easy as possible, then everyone will prosper.
The idea of a “meet, idea, demo, invest, grow, invest, go public or bust” story is only one method of doing business. One of the alternatives is “meet, idea, self-invest, boot-strap to profitability, continue running as a stable profitable system” and it’s never discussed, as it’s difficult to sell this idea to a bunch of VC’s, who have promised a ridiculous rate of return to justify the massive salaries that they are charging their investors.
The ecological niche that this form of business would work effectively in is the supply and maintenance of infrastructure. https://edgeryders.eu/en/essential
The tools and skills necessary to make the things you need to survive in the medium-to-long-term is relatively simple, https://wiki.london.hackspace.org.uk/view/London_Hackspace have built it for making things, http://www.abbeygardens.org/ and http://wickcuriosityshop.net/collection/plant-regulated-growing-system have done it for food , http://hexayurt.com/ have done it for shelter, the same people who worked on http://wickcuriosityshop.net/collection/plant-regulated-growing-system have done it for greenhouses, http://wickcuriosityshop.net/collection/beyond-received-wisdom are doing it for fuel, Solar Panels/Wind Turbines for electricity, and http://opensourceecology.org/ and http://telaithrion.freeandreal.org/ are doing it for agriculture.
What’s next step?