We Need A New Form of Association for the Internet Generation

In this two-part article on medium, Xavier Damman raises an important point.

If we want to promote bottom-up grassroots type activities, it should be easy to raise money to fund a project, an action, a pre business activity, without having to first form a legal entity and open a bank account. That is too much red tape for most small starting activities…

A New Form of Association for the Internet Generation?—?part 1

So far, the Internet has been very good at helping people do things together. But once it involves money, there is no good solution. Creating a new legal entity is too much overhead, too early. What if we could create a virtual entity that can collect money as easily as creating a Facebook Group?

A New Form of Association for the Internet Generation?—?part 2

How can we do things together that require money without having to worry about the complexity of creating and maintaining legal entities?

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