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by BTinfinity 2121 days ago
With the amount of memes used throughout and constant informal langauge i'm not sure if this is a serious post or if i'm missing out on a joke. Not really sure if it was trying to put specific point across either
4 comments

It's serious, though I agree it's a bit muddled in all the memes and references.

The core point as I understood it: the internet is quickly blurring the line between a company and a group of friends working together. Two of the limiting factors are our communication tools and financial/corporate structures.

My take: as this model become more prevalent, more alternatives to traditional employment and education routes open up allowing creators, researchers, and engineers to work on interesting problems without having to find one another through educational institutions and corporations.

Is there even a legal distinction in the US? Germany has a somewhat complicated and sometimes surprising law around all of that, but essentially you can form a "company" without any official acts. It's not necessarily a company to earn money, it's mostly about liability, e.g. who pays when it falls apart.

I couldn't quite make it through all the memes, because I found them too annoying, but I believe that, at least over here, the Squad would likely form a GbR ("Gesellschaft bürgerlichen Rechts"), which includes individual liability for everything done within that company. It's somewhat fuzzy what's part of the Squad's work, but essentially you could be on the hook for something your buddy does with your personal savings, without limit. It's probably better to formalize it and choose a limited liability company.

Sounds like a "partnership" where the liability for debts are shared between partners (as is income and equity).

Australia has 3 "corporate" trading structures and trusts for holding assets:

* Sole Trader

* Company

* Partnership

https://www.business.gov.au/planning/business-structures-and...

It seemed like they were making a somewhat good point and then it just degraded into inside-memes at the end. Someone heard "squad goals" and ran with it.
Same here. I think maybe they're using "squad" where I might use "tribe"?

The subject is interesting but I too am having more difficulty comprehending than I expected.

If so, I think they're using it in a more standard way than you. A squad is a small group of people you collaborate with, a tribe is a potentially large group of people you identify with.
I can't tell either, but I feel like I constantly see this type of message. Which is basically anti-capitalist, while using the economic freedom capitalism provides to create a "new" economic system.

At least in this case, they still provide for a voluntary collective of shared capital. If only our current system had a way to do that, hmmm...