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?