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kkennedy : management   3

The Virtual Company Project
The net has enabled the creation of markets (eBay) and altruistic community production (wikipedia). But it hasn't yet made it easy for a group of individuals, located around the globe, to create a persistent legal entity that has the ability to own property, open a bank account and enter into contracts with third parties. State limited liability company acts can be modestly amended to provide the flexibility necessary for transient online groups to enjoy limited liability, group-based decision-making and, collectively, legal personhood.
collaboration  distributed  management  legal 
november 2008 by kkennedy

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