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by gitfan86 1585 days ago
In theory it is time consuming and expensive and full of legal issues if you try to operate a LLC with 200 owners with 20 different roles and rights between those 200 owners.

In theory if those roles and rights and shares of ownership were enforced as code and owned as private keys, the LLC would be much easier and cheaper to operate. And any anyone could buy in using crypto.

While it is true that today's best practices of corporate governance and regulations around corporate governance could be improved, It isn't clear why a Corporate Governance SaaS application would be unable to make those improvements unless the goal of your improvements is to circumvent laws and regulations.

1 comments

I just can't keep up with this stuff but I did see a thing about a DAO being taken over by a majority of its voting block belonging to one person: https://www.theblockcrypto.com/post/134180/build-finance-dao...