The previous post linked to an article which contained information on Do Tank, and their Virtual Company project. For all of us following virtual corporations, understanding Do Tank is essential. From their site:
The Virtual Company Project
The Short Description:
The goal of the Virtual Company Project is to build online tools to help groups create and implement governance rules necessary for successful collaboration. The project is premised on the belief that the right graphical interfaces can translate the structures of the group into clear and intelligible procedures that will enable teams to make decisions, control assets and enter into contractual relationships with third parties. The Virtual Company project is creating the interfaces and designing the back-end functionality that is needed to enable group participants to see themselves in relation to the group as a whole, allocate roles, establish accountability to the group, make collective decisions, and administer group assets, expenditures and distributions.
The Big Picture:
The Virtual Company Project aims to create the legal, technical and business infrastructure necessary to enable formation and operation of companies, entirely online, and to facilitate the creation of companies (and valuable work product or services) by groups of individuals who want to share time and attention (in a collective effort) rather than investing capital.
These guys clearly “get it” and in many ways actually are “it”, since they were instrumental in getting Vermont to go along with the program. If you’re researching the rise of the virtual corporation, you are advised to start with Do Tank.
