Trust

Investing in Superstars

This is the first in a four part series. The other are here: part 2, part 3, part 4.

Imagine you are in your early twenties, out of college several years and your best friend, who recently came into an inheritance of $300K cash told you they could think of no better way to invest the money than to invest it in you. Not the company you started, not as a loan, but invest it in YOU, as if you were a startup. In return your friend said all they wanted was 3% of your gross income for the rest of your life. Do you think you would take it?

Now what if your friend said that they didn’t care what you did with the money or how much you made each year. If you wanted to sit on a beach in Nicaragua learning to surf, go work in the Peace Corps, stay at home and do your art projects, …

Alternative Institutions, Incentives, Innovation, Investing, Social Entrepreneurship, Trust Alternative Institutions, Incentives, Innovation, Investing, Social Entrepreneurship, Trust, 84

The Trust Ecology

NPR’s On The Media recently had a series of interesting segments on the future of the internet:

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A theme that ran through was how the security and utility of the internet is threatened by the complete lack of built-in trust mechanisms. How do you know you can trust who you are dealing with online? How do you know what information to believe that you read online? How do you know your online accounts are not completely compromised by hackers right now, and that your bank account isn’t being drained as you read this?

Many people rightly fear that legislating or enforcing new internet protocols to address these issues would lead us down a slippery slope, trample our basic rights of free speech and freedom of assembly, and would ultimately toss …

Interconnectedness, Markets, Networks, Social Networks, Socio-technical systems, Trust Interconnectedness, Markets, Networks, Social Networks, Socio-technical systems, Trust, 9

Trust

Investing in Superstars

The Trust Ecology

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