Now I’m wondering if there such a thing as a decentralized private company?
I’ve been thinking about this all week. I have no idea if that exists or not. A few things sprang to mind though:
It might be possible to have lightweight companies that all adopt the same incorporation boilerplate, not unlike a computer operating system. That, in turn, would be developed by a distinct entity and would publish updates to improve said OS over time. So, open-source but for legal docs that matter. This would make companies unified in principle, but ultimately, distinct.
It’s possible for companies to operate “at arm’s length” but still share useful information or coordinate towards similar goals. One must be well-versed in anti-trust law to do this though.
A franchise is the only existing model I can think of that comes even close. But that’s still centralized. I suppose a non-profit parent company and for/non-profit franchise operations might come closer.
I’ve been thinking about this all week. I have no idea if that exists or not. A few things sprang to mind though:
It might be possible to have lightweight companies that all adopt the same incorporation boilerplate, not unlike a computer operating system. That, in turn, would be developed by a distinct entity and would publish updates to improve said OS over time. So, open-source but for legal docs that matter. This would make companies unified in principle, but ultimately, distinct.
It’s possible for companies to operate “at arm’s length” but still share useful information or coordinate towards similar goals. One must be well-versed in anti-trust law to do this though.
A franchise is the only existing model I can think of that comes even close. But that’s still centralized. I suppose a non-profit parent company and for/non-profit franchise operations might come closer.