Open Source Capitalism is the convergence of political, economic and social systems into an ecosystem of mankind whereby human potential can flourish at its highest level. This revolutionary platform creates an investment vehicle to aggregate and operate start-ups worldwide. In so doing it allows worthy innovations to thrive, reinventing the innovation industry itself by solving fundamental problems with fundamental solutions.
Innovation is the engine that drives the global economy. Start-up companies are the place where new jobs and disruptive, opportunity-creating innovations are born. However, the current systems to support this critical portion of our economy are broken. While there are literally thousands of available innovations worthy of investment and commercialization, a massive funding gap exists that does not provide these brand new companies the air they need to breathe, thereby stifling innovation itself.
Current investment systems for pre-revenue companies are insufficient and disorganized, resulting in a high failure rate and frequent capital loss. This deters repeat investment from critical capital sources and leaves others on the sideline. Investments in later stage companies get poured into the very few firms who need capital the least. This unfortunate, yet fixable reality leaves game-changing innovations to wither on the vine.
In order to grow the Innovation Age economy, innovation is critically needed at the very foundation of our financial, operational and educational systems. Yesterday’s financial and operational solutions are inadequate to build tomorrow’s great companies.
Open Source Capitalism provides a global alternative to Wall Street. This revolutionary platform creates an investment vehicle to aggregate start-ups worldwide. By mitigating the risk and maximizing the returns of start-up investment, disruptive new technologies can be unleashed into the world.
Open Source Capitalism is governed by these principles:
- Transparency
- Collaboration
- Accessibility
- Accountability
Open Source Capitalism allows worthy innovations to thrive within a revolutionary platform, reinventing the innovation industry itself by solving fundamental problems with fundamental solutions.
Start-ups create all new jobs
Start-ups create meaningful products and services
Dan Schmitt, Tim Weber, Angela O'Connor, Andy Wolter, Cindy Schmitt, John O'Callaghan
The "kicker" here is that this platform is eventually owned by no-one. Management is incentivized as real capitalism should, but that incentive is capped and transient in nature. The Open Source Capitalism Global Advisory Board (works in progress) will determine and approve success-based compensation for metric driven management teams, advisors, supporting vendors and any other resource brought on board to ensure this is successful. I don't believe Wall Street will ever consider this "donation" to mankind.
Finally, the integration of a shared-value program with equity ownership by an Education Fund ensures the long term success of all social causes as with reformed and enlightened education- all the social problems in society will be evolved through conscious solutions. Capital proceeds from these businesses will feed education and education will feed the "right" human capital back to business. Therefore, entrepreneurs are the new "soldiers of freedom"as responsible entrepreneurship is taught as part of the evolved cycle of capitalism.
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