Why Don't Uber Drivers Own Shares? Now They Could

What happens once everyone on the market excels at designing applications, collecting data, orchestrating network effects, and innovating on a continuous basis? At this point, capitalists have to explore new approaches. Airbnb is inviting stakeholders into its governance, as discussed by Matt Levine here. BlackRock is warning corporate CEOs that th... See more

A corollary is that the organizations that win in the Entrepreneurial Age are those who learn to harness that power that’s on the outside.

That’s in sharp contrast to the Fordist Age, when power was concentrated inside organizations.

In the Entrepreneurial Age, there’s more power outside than inside organizations.

We’ve come a long way since the first joint-stock companies: now there’s proper accounting and reporting, tough regulations designed to protect and empower investors, and ever better technology for processing information and communicating with shareholders.

To say that Fairmint is potentially the most transformative venture in The Family’s portfolio would be an understatement. Put simply, it makes it easier and more accessible than ever to deploy capital in any business, making the upside available to pretty much anyone.