The Living Thing / Notebooks :


Normative and speculative alternatives to status quo of

For descriptive stuff, see Finance, descriptives. For actual strategies in already-existing markets, hedging.

On unorthodox ways to get capital-intensive risking things done. Weird stakeholder models. Worker owned firms. Der Mittelstand. Capitalism’s end game. Mechanism design, Should probably include Prediction market and/or mechanism design angles.

Worker-owned firms

Interesting illustration of the way things differ depending on who owns whom, the wobblies write about worker exploitation at consumer-owned cooperatives.

Other financey things

Indie VC:

We’ve worked with the team at Cooley to create an investment instrument that has elements of both debt and equity. Debt in that we will not be purchasing equity initially, but, unlike debt, there is no maturity date, no collateralization of assets and no recourse if it’s never paid back. The equity element will only become a factor if the participating company chooses to raise a round of financing or sell out to an acquiring company. We don’t have a clever acronym or name for this instrument yet, but I’m sure we’ll come up with something great.

This instrument gives us a lot more flexibility to work with different types of companies than the Delaware C-Corps most commonly funded by VCs. It also facilitates the two elements of the terms that were most important to us and to founders: cash distributions and contingent equity conversion.

equitise: Equity crowdfunding for private companies in Australia/NZ. I kind of like that this exists but also… why would you rationally take on the higher risk of non-listed firms? There are other operators locally in IPOs at least.

Lend for Good:

A platform through which the crowd can lend money to growing businesses that are delivering impact.[…]

Stross, C. (2014). Neptune’s brood: a space opera.

Immortal robots battle over interstellar investment capital.