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Incentives for private money in an LD not-for-profit #31

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jaredscheib opened this issue Oct 27, 2016 · 1 comment
Open

Incentives for private money in an LD not-for-profit #31

jaredscheib opened this issue Oct 27, 2016 · 1 comment

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@jaredscheib
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From a tech perspective, allowing the people to channel their authentic will, would allow a city or state (or the country) to determine their relationship to startups who are operating in gray areas, like AirBnB or Uber. Rather than having special interests and detached law-makers decide the regulation that would either promote or combat innovation, the people would get to make their own choice about what kinds of innovation they wish to allow. I would imagine this to be a potentially strong incentive for VCs in particular, and other private money, who may find that top-down legislation is crippling their businesses from growing and thriving like they could.

There may also be a business case made about the alleviation of expenses if we would enumerate all of the costs to society for the elections, voting, campaigning, lobbying, and legislative processes. This should be fleshed out.

Note from meeting earlier: A socially-minded VC like TechStars would be worth researching and connecting with, to see how they might approach helping an intended non-profit like ours.

@dsernst
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dsernst commented Oct 28, 2016

Cool, really great to see this seed planted.

Hope you welcome to some outside comments...

From a tech perspective, allowing the people to channel their authentic will, would allow a city or state (or the country) to determine their relationship to startups who are operating in gray areas, like AirBnB or Uber.

It's not super easy to understand what you mean: what is "From a tech perspective", "channel their authentic will", "determine their relationship"?

Rather than having special interests and detached law-makers decide the regulation that would either promote or combat innovation, the people would get to make their own choice about what kinds of innovation they wish to allow.

What does "detached law-makers" mean? Leaves me wondering who are "the people", if not interested parties? Are you trying to make the case that legislators don't do a good job representing the people for issues about startups?

I would imagine this to be a potentially strong incentive for VCs in particular, and other private money, who may find that top-down legislation is crippling their businesses from growing and thriving like they could.

Isn't Liquid Democracy also going to create "top-down legislation"?

Suggestion to make the title clearer: "How venture capital can benefit from a Liquid Democracy"

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