Unfiled ideas... 

Feel free to add to this (the password is 'trust')

 

 

 

How can we take out all the  transaction costs/friction around going from idea to pebble to company?

- Trusted network of people who work on handshakes

- Avoid creating legal entities for as long as possible

- Enable rewarding of value for 'microefforts'...either by creating more-trusted relationships or revenue sharing

- Instead of equity grants, use 1099/revenue sharing as much as possible (granting and managing equity is a huge pain)

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Personal IPOS / Investing In People's Futures (Literally)

- The idea is out there, what are some examples?  What about the hollywood stock exchange?  Here are some fake articles on Personal IPOs

    http://www.denounce.com/pipo.html

    http://www.byproducts.com/art/2000/6/961085271/index.html

- Lots of young (and older) people have great ideas, but are trapped by having to take a job for regular income to make ends meet.

- Once PebbleStorm builds a critical mass of pebbles, companies and relationships, there will be a lot more ways to help those people generate income while working on long-term ideas.

- But, as the "next layer of the onion" (or perhaps this is the innermost layer of trust), what if an investor/group of investors could buy an option on a person's future capital-creation potential? 

    * This would align exactly with pebblestorm's idea of reframing work and productivity FROM the organization and TO the individual

    * Venture capital already invests in people, but through the vehicle of individual companies...is there a new form of venture here that could literally invest directly in people?

    * If you could 'invest' in people, now you're truly incented to see them succeed like you never have before

- To begin, this could only work with truly trusting relationships, because there are so many unknown functions.  As the structures evolved, the practice could spread. 

 

 

Structure: How would you structure this?

- 10% (?) of all...income, capital gains?  Would you have any exclusions, like an inheritance?  Or just keep it simple and incorporate a 'no exclusions' clause in?

- Does there have to be some kind of asset trust to ensure transparency?

- Do you wait 5-10 years before this kicks in, to let someone establish the platform that's going to generate massive wealth?

- How long before someone builds an exchange to trade personal shares?