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The risk of democratisation in the venture is the creation of thousands of over-funded, under-governed startups that have to go through the wringer of proof points and future rounds.
It's a vc model, but a social aim, not a profit aim. they see the worker owned co-ops. when they make money, they pay back their initial investment and use the money to seat another. they work in argentina and nicaragua. >> that's super cool. >> republicans are trying to present an alternative vision and failing. it's dramatic. i was fascinated by eric cantor last week. the format was exactly that of a state of the union. this is a republican state of the union. supposed to be new ideas. there were no new ideas. he called for an end to all federal finances of social science research. the reall...